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OECD inflation at lowest level since October 2021

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…

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Oil prices down over US recession fears

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…

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China’s marriage rate falls in 2024

ISTANBUL: China’s marriage rate fell to a nine-year low in the first half of 2024, according to recent data released by the Ministry of Civil Affairs.

Marriages in the first six months of 2024 fell to 3.43 million, a 13% drop from the same period in …

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Global markets shaken with mounting recession concerns

ISTANBUL: Global markets started the new week with a historic downward pressure due to increasing recession concerns in the US, causing selling pressure to intensify.

The selling-weighted course in the global markets persisted through the new week, a…

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