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Trkiye’s budget balance runs $8.5B deficit in June

ANKARA: Trkiye’s central government budget balance saw a 275.3 billion liras ($8.5 billion) deficit in June, according to official data released Tuesday.

The figure switched from a 219.4 billion Turkish liras ($6.8 billion) surplus in the prior month…

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Oil prices fall over demand worries in China

ISTANBUL: Oil prices decreased on Tuesday as the weak economic data in China caused worries about a slowing economy crimping demand in the world’s largest crude oil importer.

International benchmark Brent crude traded at $84.23 per barrel at 09.39 a….

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Canada’s manufacturing sales rise 0.4% in May

ISTANBUL: Canada’s manufacturing sales rose 0.4% to reach $71.4 billion in May, according to figures released Monday by the country’s statistical agency.

The market expectation for the figure was to show an increase of 0.3%.

The figure for April, me…

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Canada’s wholesale sales decrease 0.8% in May

ISTANBUL: Wholesale sales in Canada decreased 0.8% in May, compared to the previous month, to reach $82.2 billion, according to the statistics office on Monday.

The market expectation for wholesale sales, a leading indicator of consumer spending, was…

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