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 …
ISTANBUL: Trkiye’s annual inflation rate is projected to drop to 42.95% by the end of this year, according to a Central Bank survey released on Monday.
The previous estimate of the survey, based on market participants, was 43.52%, the bank’s statemen…
ISTANBUL: Central banks around the world are gradually approaching the end of their tight monetary policies to fight inflation, while the potential results of the US elections continue to affect the global market.
Concerns over US President Biden’s h…
ISTANBUL: The price of Bitcoin hit $67,500 again on Friday — the first time after more than five weeks.
Bitcoin saw its price climb to as high as $67,503 during the day, while it was trading just below $67,000 at 6.20 p.m. EDT for a daily gain of 4….
ISTANBUL: Moody’s announced Friday it upgraded Trkiye’s long-term foreign- and domestic-currency issuer and foreign-currency senior unsecured ratings to B1 from B3.
The global rating agency said the outlook remains positive.
“Concurrently, the forei…
