Trkiye’s benchmark stock index ended Monday at 5,372.66 points, jumping 5.04% from the previous close.Starting the week at 5,233.23 points, Borsa Istanbul’s BIST 100 index gained 257.69 points.Investors’ sentiment was boosted by new appointed economy …
Category: Market
4 dead from crash of small business plane near US capital
Four people died when a small business airplane slammed into mountains outside of the US capital, federal authorities said Monday.Four people were on board the Cessna Citation when it crashed in Virginia after military jets were scrambled to intercept…
Committed in implementing national space strategy, President says
The government remains committed in implementing the National Space Strategy 2022-2027 and invests in the field of research and technology, Cyprus President Nikos Christodoulides said on Saturday, during the inauguration of the first Cyprus Planetariu…
China condemns US over Taiwan trade initiative
China on Friday condemned the US trade agreement with Taiwan, saying it ‘gravely violates the one-China principle.’China’s Foreign Ministry spokeswoman Mao Ning told reporters in Beijing that the agreement ‘contravenes the US’ own commitment of mainta…
Tourism revenue up 41.5% in March
Cyprus witnessed a remarkable 41.5% increase in tourism revenue during March 2023, as revealed by the latest Travelers’ Survey results published by the Statistical Service of Cyprus on Friday.The total revenue generated from tourism reached pound 97.8…
Oil prices up with approval of US debt ceiling
Oil prices increased on Friday as investors priced in the lifting of the US debt ceiling, despite market uncertainty ahead of the much-anticipated OPEC+ meeting, which is widely expected to yield an unchanged production policy.International benchmark …
European stocks rebound to close Thursday with rally
European stocks rebounded from the previous day’s losses and rallied Thursday to close the session with gains. The STOXX Europe 600, which includes around 90% of the market capitalization of the European market in 17 countries, rose 3.51 points, or 0….
US designates Iranians involved in alleged assassination plots
US Department of Treasury on Thursday announced sanctions on members of Iran’s Islamic Revolutionary Guard Corps (IRGC) and its external operations arm. The action targets three individuals and a company affiliated with the IRGC-Qods Force, along with…
Cabinet approves Action Plan for Green and Digital Transition
An Action Plan under the name “Modern Professional Development for Green and Digital Transition” was approved by the Cabinet at its meeting on Wednesday, within the framework of the European Year of Skills. Speaking after the Cabinet meeting, Minister…
European stocks close in red as exchanges lose more than 1% each
The UK’s FTSE 100 lost 75 points, or 1.01%, to end the session at 7,446. Germany’s DAX 30 shed 244 points, or 1.54%, to 15,664. France’s CAC 40, meanwhile, decreased 111 points, or 1.54%, to close at 7,098. Italy’s FTSE MIB was the worst performer of …