ISTANBUL: South Korean chip supplier SK Hynix announced Friday it will invest around 9.4 trillion won ($6.8 billion) in building a new semiconductor manufacturing plant in the country.
The company plans to begin construction of the first fab, or the …
ISTANBUL: Canada’s payroll employment rose 41,000, or 0.2%, in May from the previous month, the country’s statistical agency said Thursday.
This was the fifth consecutive monthly increase, with a cumulative gain of 148,900, or 0.8%, during the Januar…
ISTANBUL: Fitch Ratings said Thursday that it affirmed the European Investment Bank’s (EIB) long-term foreign currency issuer default rating at AAA with a stable outlook.
The rating agency said it expects the average rating of loans to remain stable …
ISTANBUL: The average expected duration of working life across the EU in 2023 was slightly longer than a year earlier, according to Eurostat data released on Thursday.
A 15-year-old is expected to have a working life of 36.9 years across the 27-membe…
ISTANBUL: The number of Americans filing first-time unemployment claims fell by 10,000 last week to 235,000, according to Labor Department data released Thursday.
The figure came in slightly less than estimates of 237,000. The previous week’s reading…
ISTANBUL: Consumer spending in Europe, the Middle East and Africa, commonly known as EMEA, is expected to remain weak despite slowing inflation, Fitch Ratings said Thursday.
The rating agency said it expects consumer sentiment in the EMEA region to r…
