News

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04 Apr 2025 04:02

Lagarde: Latest growth data encouraging

Daily News

ECB President Christine Lagarde said the latest data on economic growth in France, Germany and Spain was “very encouraging.” European Central Bank President Chris...

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04 Apr 2025 04:02

Soft landing statement from Fed member

Daily News

Fed member Neel Kashkari indicated that although he expects a slight increase in unemployment, they can achieve a soft landing. Fed member Neel Kashkari stated th...

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04 Apr 2025 04:02

US Treasury raises borrowing forecast

Daily News

The U.S. Treasury Department has raised its borrowing estimate for the third quarter of this year to $1.07 trillion. The U.S. Treasury Department announced its bo...

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04 Apr 2025 04:02

Walmart buys $1.4 billion worth of Flipkart shares

Daily News

US retail giant Walmart is shelling out $1.4 billion to compete with Amazon. Walmart is paying $1.4 billion for a 4 percent stake in Indian e-commerce company Fli...

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04 Apr 2025 04:02

Minister Şimşek met with real sector representatives

Daily News

Treasury and Finance Minister Mehmet Şimşek discussed the sector’s problems and the latest developments in the economy with representatives of the real sector. Mi...

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04 Apr 2025 04:02

Asian stock markets track economic data from the region

Daily News

Asian stocks were mixed on Tuesday as a Caixin special survey compiled by S&P Global showed China’s factory activity fell into contraction territory for the first...

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04 Apr 2025 04:02

China's Caixin manufacturing PMI narrows in July

Daily News

The Caixin/S&P Global Manufacturing Purchasing Managers Survey came in at 49.2 in July, showing China’s manufacturing activity entered contraction territory for t...

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04 Apr 2025 04:02

Japan's unemployment rate falls in June

Daily News

Japan's unemployment rate fell to 2.5 percent in June Japan's seasonally adjusted unemployment rate fell slightly to 2.5 percent in June from 2.6 percent a month ...

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04 Apr 2025 04:02

Oil calms after monthly gains

Daily News

Oil steadies after biggest monthly gain since early 2022 Oil steadies after biggest monthly gain since early 2022, as signs of a tighter global crude market offse...

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04 Apr 2025 04:02

Interest rate comment from Chicago Fed President Goolsbee

Daily News

Chicago Fed President Austan Goolsbee said a September rate hike is uncertain and nothing is off the table. The Fed has not decided whether to raise or hold rates...

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04 Apr 2025 04:02

The Reserve Bank of Australia keeps interest rates steady

Daily News

Contrary to market expectations of a final rate hike, the Reserve Bank of Australia left interest rates unchanged at 4.10 percent. The Reserve Bank of Australia (...

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04 Apr 2025 04:02

Koç Holding's net profit exceeds expectations

Daily News

Koç Holding's second quarter net profit was realized as TL 20.60 billion, above expectations of TL 18.24 billion. Koç Holding's net profit in the second quarter o...

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04 Apr 2025 04:02

UK economy faces rising risk of recession

Daily News

According to economists, the recent data releases and weakening leading sector indicators in the UK have increased concerns that the country's economy will enter ...

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04 Apr 2025 04:02

Temporary transaction ban imposed on 9 people by SPK

Daily News

The Capital Markets Board (CMB) decided to impose a temporary trading ban on 9 individuals for 6 months. The Capital Markets Board (CMB) decided to impose a tempo...

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04 Apr 2025 04:02

China announces package to boost domestic consumption

Daily News

China’s National Development and Reform Commission (NDRC) has announced a 20-item package to boost domestic consumption. The package will encourage consumption of...

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04 Apr 2025 04:02

Fitch downgrades US long-term credit rating

Daily News

International credit rating agency Fitch Ratings has downgraded the US’s long-term credit rating from “AAA” to “AA+”, while changing the outlook to stable from ne...

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04 Apr 2025 04:02

Asian stocks fall as Fitch downgrades US credit rating

Daily News

Asia-Pacific stocks fell after Fitch downgraded the U.S. credit rating. Asia-Pacific stocks fell on Wednesday after ratings agency Fitch downgraded the U.S. credi...

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04 Apr 2025 04:02

South Korea inflation below expectations

Daily News

South Korea's inflation rate hits 2.3% in July South Korea's consumer price index rose 2.3% year-on-year in July, the weakest growth rate since June 2021 and belo...

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04 Apr 2025 04:02

Oil continues to rise

Daily News

Oil rebounded after an industry forecast pointed to a big drop in U.S. inventories, adding to signs of tightening markets. U.S. crude rebounded from a 0.5 percent...

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04 Apr 2025 04:02

Atlanta Fed President calls for caution

Daily News

Atlanta Fed President Raphael Bostic urged the U.S. central bank to be cautious about overtightening monetary policy as inflation continues to ease. “We’ve made s...

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04 Apr 2025 04:02

Update talks for the Customs Union

Daily News

The EU has made a statement regarding the update of the Customs Union agreement with Turkey. The European Union announced that they are discussing the update of t...

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