News

image
02 Jun 2023 09:04

US Senate passes debt limit bill

Daily News

The US Senate has approved a bill that would prevent the country from defaulting by increasing the debt limit. A vote was also held in the US Senate on the Fiscal...

Read More
image
02 Jun 2023 09:04

CMB approves public offering of 4 companies

Daily News

The Capital Markets Board (SPK) approved the public offerings of "A1 Capital Investment Securities Inc.", "Forte Information Communication Technologies and Defens...

Read More
image
02 Jun 2023 09:03

Yellen Meets with New World Bank President Banga

Daily News

US Treasury Secretary Janet Yellen met with Ajay Banga, who will take office as President of the World Bank. According to a statement from the US Treasury Departm...

Read More
image
02 Jun 2023 09:03

UN releases statement on grain initiative

Daily News

The United Nations (UN) reported concerns about the slowdown in the implementation of the Black Sea Grain Initiative. UN Spokesperson Stephane Dujarric made a sta...

Read More
image
02 Jun 2023 09:01

US manufacturing sector continues to deteriorate for 7th month

Daily News

The contraction in manufacturing activity in the US continued for the 7th month due to the decrease in orders. The ISM manufacturing index in the US fell from 47....

Read More
image
01 Jun 2023 08:42

Oil rises on debt deal progress, China data

Daily News

Oil rose as progress on a U.S. debt deal and expanding factory activity in China overshadowed ongoing concerns about the demand outlook. U.S. crude rose above $68...

Read More
image
01 Jun 2023 08:41

Two Fed officials support pause on rate hikes

Daily News

Philadelphia Fed President Patrick Harker and Fed Chairman Philip Jefferson said the central bank is leaning toward not raising rates at its June meeting. Federal...

Read More
image
01 Jun 2023 08:41

China's Caixin manufacturing PMI beats expectations

Daily News

China’s private sector manufacturing sector survey showed that manufacturing activity unexpectedly grew in May. China’s factory activity rose above the 50-mark se...

Read More
image
01 Jun 2023 08:40

Asian stocks rise as debt ceiling bill approved

Daily News

Asian markets were mostly higher after a House vote passed a U.S. debt ceiling bill. Asia-Pacific markets were mostly higher on Thursday after a bill to raise the...

Read More
image
01 Jun 2023 08:40

US House of Representatives approves debt limit bill

Daily News

The US House of Representatives has approved a bill that would prevent the country from defaulting by increasing the debt limit. The bill, which was agreed upon a...

Read More
image
01 Jun 2023 08:39

Toyota to make $2.1 billion additional investment in the US

Daily News

Japanese automaker Toyota is expanding its investments in industries that support the transition to electric vehicles. The company has decided to invest an additi...

Read More
image
01 Jun 2023 08:38

Russia: Germany's Consulate General Decision Will Not Go Unreacted

Daily News

The Russian Foreign Ministry announced that Germany's decision to close four Russian consulates general will not go unanswered. The Russian Foreign Ministry's sta...

Read More
image
01 Jun 2023 08:38

Fed Beige Book: Growth expectations worsen

Daily News

The US Federal Reserve (Fed) reported that economic activity in the country showed “very little” change in April and early May, while future growth expectations d...

Read More

Call for a minimum wage in Italy

Daily News

The Governor of the Central Bank of Italy, Ignazio Visco, said that the implementation of a minimum wage could respond to the needs of the country regarding the p...

Read More
image
01 Jun 2023 08:36

WTO: Global trade slows in first quarter

Daily News

The World Trade Organization (WTO) reported that global merchandise trade remained stagnant in the first quarter of the year, but forward-looking indicators point...

Read More
image
31 May 2023 09:02

Oil continues to slide on weak demand signals

Daily News

Oil extended its biggest decline in four weeks on signs of weak demand and ample supply ahead of the upcoming OPEC+ meeting. U.S. crude traded below $70 a barrel ...

Read More
image
31 May 2023 09:02

Summers' interest rate comment

Daily News

Former U.S. Treasury Secretary Lawrence Summers said he expects interest rates to go higher in the short term and taxes to rise significantly in the long term. Fo...

Read More
image
31 May 2023 09:01

Japan's retail sales decline

Daily News

Japan’s retail sales in April fell short of estimates. Retail sales in Japan rose 5 percent year-on-year in April, government data showed on Wednesday. The data s...

Read More
image
31 May 2023 09:01

Inflation in Australia rises more than expected

Daily News

Australia’s inflation rose more than expected to 6.8% in April Australia’s headline inflation rose to 6.8% in April, beating economists’ expectations. The survey ...

Read More
image
31 May 2023 09:01

Manufacturing activity in China falls short of expectations

Daily News

The official manufacturing PMI, prepared by the National Bureau of Statistics, fell to 48.8 in May, its lowest level in the last five months, from 49.2 in April. ...

Read More
image
31 May 2023 09:00

US sanctions two Syrian companies

Daily News

The U.S. Treasury Department announced that it has added two financial institutions and three individuals associated with them to its sanctions list, accused of s...

Read More