ISTANBUL: Mexico’s economic activity in May rose 1.6% in real terms at an annual rate with a seasonally adjusted series, the country’s statistical authority announced Monday.
The figure came in higher than market expectations of a 1.4% increase and s…
ANKARA: Global crude steel output was stable compared to a year earlier in the first half of 2024, according to data from the World Steel Association (worldsteel) on Tuesday.
Steel output for 71 countries reporting to worldsteel stood at 954.6 millio…
ISTANBUL: Shares of US-based cyber-security company CrowdStrike, of which an update caused major IT outage in the world last week, signaled for additional losses on Monday.
On Friday, an IT outage hit thousands of computers and caused a global interr…
ISTANBUL: The ratio of government debt to gross domestic product (GDP) across the euro area stood at 88.7% in the first quarter of 2024, according to official figures revealed on Monday.
The 27-member bloc’s statistical department Eurostat said that …
ISTANBUL: Oil prices decreased on Monday over demand uncertainties in the US and China, the world’s largest oil consumers.
International benchmark Brent crude traded at $82.45 per barrel at 12.44 a.m. local time (0944GMT), a fall of 0.22% from the cl…
ISTANBUL: China’s central bank, the People’s Bank of China (PBC), unexpectedly decided to lower its interest rates by 10 basis points on Monday.
The one-year loan prime rate (LPR) dropped to 3.35%, and the over-five-year LPR decreased to 3.85%.
The …
