Asian stock markets ended the midweek with losses amid global inflationary concerns. After a report showed a higher-than-expected US inflation figure of 8.3% in August, markets forecast a tougher …
Asian stock markets close Wednesday in negative territory Read MoreUS producer inflation annually rose 8.7% in August, according to Labor Department figures released on Wednesday. The latest figure is a slowdown from July’s 9.8% increase and the 11.3% …
US producer inflation rises 8.7% annually in August, slowing from 9.8% gain in July Read MorePositive perception of the situation of the European economy has diminished by 5 percentage points since early 2022 and is now at 40%, according to a Eurobarometer survey on Tuesday. …
Economy top European concern, survey shows Read MoreTürkiye’s benchmark stock index ended Tuesday at a record-high of 3,391.38 points, up 0.98% or 33.01 points from last week’s close. The index’s lowest value during the day was …
Türkiye’s Borsa Istanbul closes Tuesday at record-high level Read MoreOver 6 million tons of grains have been exported from Ukraine since August under the Istanbul deal, Türkiye’s National Defense Ministry said on Tuesday. Türkiye, the UN, Russia, and …
Over 6M tons of grain shipped from Ukraine since August Read MoreMajor indices in the US stock market opened higher Tuesday, continuing the previous session’s rally with investors’ optimism following weaker than expected US manufacturing data. Investors expect a slowdown …
US stocks open higher after rally in previous session Read MoreThe World Economic Forum (WEF) Community of Chief Economists said on Wednesday it expects reduced growth and stubbornly high inflation to continue in the remainder of 2022 and 2023, while …
Surging cost of living makes global recession increasingly likely: World Economic Forum Read MoreNew home sales in the US saw a 28.8% rise from a month earlier to a seasonally adjusted annual rate of 685,000 in August — the biggest increase since June …
US new house sales up 28.8% in August Read MoreOil prices continued to plunge on Monday to nine-month lows as several countries opted to increase interest rates to tame rising inflation amid recession concerns, triggering anxiety over weak demand. …
Oil slips to 9-month low as strong dollar, likely recession spur demand jitters Read MoreSingapore became Asia’s top financial center, overtaking Hong Kong in the world financial centers ranking, according to a report by the Global Financial Centres Index (GFCI 32). The index, …
Singapore becomes Asia’s top financial center: Report Read More