Oil at 2-month high

Oil traded near a two-month high amid rising tensions in the Middle East and concerns about a rapid start to hurricane season in the Atlantic region. Brent crude ...

Lagarde: No rush to cut interest rates

The European Central Bank is in no rush to cut interest rates, ECB President Christine Lagarde said. The European Central Bank needs more time to conclude that in...

Changes in two ministries

The Minister of Health also changed in the cabinet where the Minister of Environment, Urbanization and Climate Change Mehmet Özhaseki resigned. The appointment de...

Vanguard warns of 170 yen

Vanguard has warned that the dollar/yen could move toward 170. Vanguard, which manages about $1.7 trillion, warned that the dollar/yen could move toward 170 if th...

Bond markets prepare for Trump scenario

After US President Joe Biden’s disastrous television debate performance, Wall Street banks have begun to weigh the impact of a potential Donald Trump victory on t...

Kamala Harris narrowly ahead of Trump

The latest US election poll showed Kamala Harris leading Trump by two points. Following US President Joe Biden’s withdrawal from the race, a new Reuters/Ipsos pol...

Alphabet boosts revenue in Q2 with AI

Google parent Alphabet reported second-quarter revenue of $85 billion, up 14 percent from the same period last year. Google CEO Sundar Pichai said the company’s p...

Tesla's profits fell by 45 percent in the second quarter

US electric car manufacturer Tesla's net profit fell by 45 percent in the second quarter of this year compared to the same period last year. According to Tesla's ...

Oil rises after losses

Oil pared losses and rose after an industry report showed U.S. crude inventories fell for a fourth week. Brent rose above $81 a barrel after losing nearly 5% in t...

Revision to provision that drew reaction from banks in Europe

The European Central Bank (ECB) is preparing to ask banks to set aside less provision for leveraged loans than initially planned. European Central Bank (ECB) offi...

Expectations for a BOJ rate hike increase Only 30 percent of economists following the Bank of Japan (BOJ) think that officials will raise interest rates at next w...

Deutsche Bank reports loss after four years

Deutsche Bank reported a quarterly loss of 143 million euros in the second quarter, its first quarterly loss in four years. Germany’s largest bank, Deutsche Bank,...

Initial balance sheets disappoint global markets

In global markets, the first earnings reports from the US were disappointing. Tesla’s profits fell short of expectations in the fourth quarter, while Alphabet sai...

New York Stock Exchange Falls Sharply

The Dow Jones index lost more than 500 points, falling 1.25 percent to 39,853.87 points. The S&P 500 index lost 2.32 percent to 5,427.12 points. The S&P 500 and N...

AI impact on IBM's revenue

American technology company IBM’s revenue increased by 2 percent to $15.8 billion in the second quarter of this year. IBM CEO Arvind Krishna said, “We continue to...

Oil continues to fall

Oil fell on a weak outlook for China and dwindling U.S. inventories, along with a broader pullback in commodity and equity markets. Brent fell to $81 a barrel aft...

Another surprise interest rate cut from China

The People's Bank of China has made a surprise cut to its medium-term lending facility (MLF) rate. For the second time this week, the People's Bank of China has s...

Yen strengthens on BOJ rate hike expectations

The Japanese yen continues to gain strength on expectations that the interest rate gap between the US and Japan will start to narrow. The Japanese yen, which has ...

Is the sell-off in technology stocks temporary or permanent?

After the earnings season of giant technology companies started with weak figures announced by Tesla and Alphabet, investors began to evaluate whether the artific...

US economy grows faster than expected

The U.S. economy grew by a more-than-expected 2.8 percent in the second quarter of this year. The U.S. economy grew by a more-than-expected 2.8 percent in the sec...

Yellen's statement on 'stable growth'

US Treasury Secretary Janet Yellen stated that data showing that the country’s economy grew by 2.8 percent in the second quarter of the year confirms that the US ...