ISTANBUL: Global markets are on a positive trend after US inflation data indicated a decrease in price pressures and retail sales climbed above expectations, resulting in weakened recession concerns.
US retail sales surge
Retail sales in the US incr…
ANKARA: Turkey’s benchmark stock index, the BIST 100, opened Friday at 10,041.43 points, marking a rise of 0.59%, or 58.45 points, from the previous close.
On Thursday, Borsa Istanbul’s BIST 100 index climbed 1.55% to close at 9,982.98 points, with a…
ISTANBUL: Multifamily lending for new mortgages in the US decreased 49% last year, compared to the year before, according to a report Thursday by the Mortgage Bankers Association (MBA).
Multifamily lenders provided a total of $246.2 billion in new mo…
ISTANBUL: The administration of US President Joe Biden announced Medicare price cuts Thursday for 10 widely prescribed medications.
The reduced prices involve prescribed medications for commonly treated conditions including blood clots, diabetes, hea…
ISTANBUL: The UK’s imports and exports saw notable increases in June, largely driven by a surge in machinery and transport equipment trade with both EU and non-EU countries, according to data.
UK imports rose by £3.3 billion ($4.2 billion), marking a…
ANKARA: The Turkish Central Bank’s official reserves rose to $147.9 billion as of the end of July, according to official data released Thursday.
The reserve assets of the bank increased 3.5% from the prior month, the bank’s data showed.
Foreign curr…
