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Commodity prices surge following Fed’s rate cut

ISTANBUL: Commodity markets saw an upward trend last week after the Fed’s 50-basis-point rate cut after four years, while the possibility of a soft landing strengthened once again in the money market expectations.

After the September meeting, Fed Cha…

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European car market narrows 18.3% in August

ANKARA: The European passenger car market shrank 18.3% year-on-year in August, shifting from a slight rise in the month prior, said an industry group report on Thursday.

New passenger car registrations in the EU fell to 643,637 units in August, the E…

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