ANKARA: The price of bitcoin sank more than 14% to hover around $52,000 on Monday with growing fears of a US recession in the wake of softer-than-expected jobs data which prompted a rush to safe-haven assets.
Bitcoin saw its price dive to as low as $…
ISTANBUL: The Turkish benchmark stock index closed Monday at 9,893.41 points, down 5.54% from the previous close.?
The BIST 100 index started the week at 9,769.69 points, losing 580.06 points from Friday’s close.?
The lowest value of the index for t…
ISTANBUL: The annual inflation averaged at 5.6% in the Organization for Economic Co-Operation and Development (OECD) area in June, down from 5.9% in May.
“This is the lowest level since October 2021, although a similar rate was already approached sev…
ISTANBUL: Major stock exchanges in the US opened Monday with major losses as recession fears continue in global stock markets.
The Dow Jones plummeted 931 points, or 2.3%, to 38,836 at 10.05 a.m. EDT (1400GMT). The blue-chip index lost 610 points, or…
ISTANBUL: Oil prices extended losses on Monday over demand worries triggered by recession fears in the US, the world’s largest oil consumer.
International benchmark Brent crude traded at $76.46 per barrel at 10.41 a.m. local time (0741 GMT), a fall o…
LONDON: European gas prices began the week with a 4% decline, following a significant sell-off in the financial markets.
The gas price per megawatt-hour for September futures contracts on the TTF, the Netherlands-based virtual natural gas trading ven…
