Global economy
- Turkiye
Turkish stock exchange flat at open
BIST 100 index earns around 4 points at opening session Türkiye’s benchmark stock index BIST 100 opened Wednesday at 10,033.67…
Read More » - UAE
UAE’s BRICS membership will boost efforts to build balanced economic ties
The UAE’s accession to the BRICS group has embodied its commitment to multilateralism and constructive dialogue, aiming to support development,…
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Central Banks Take Bold Steps in July Amid Cooling Inflation Concerns
Global Central Banks Adjust Interest Rates in Response to Easing Inflation, While Key Economies Continue to Implement Tight Monetary Policies…
Read More » - Turkiye
IMF revises up Turkish economy’s 2024 growth forecast to 3.6% from 3.1%
Economic growth forecast for US revised down to 2.6%, euro area saw upward revision to 0.9% The International Monetary Fund…
Read More » - Turkiye
World crude steel production returns to growth in May
Steel output for 71 countries reporting to worldsteel hits 165.1M tons, a record of over 14 months Global crude steel…
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Last Week in Review: Key Developments in Global Markets
From Fed’s Rate Decision to Trade Tensions: A Recap of the Week’s Top Economic News Last week, global markets closely…
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OECD unemployment rate stable at 4.9% in March
Number of jobless in OECD rises to 34.2M in March, led by a hike in unemployed women figure, Paris-based organization…
Read More » - UAE
UAE Borrowers: No Respite as Interest Rates Remain High Amid Fed’s Decision
Borrowing costs to remain unchanged as Fed holds rates at 23-year high The US Federal Reserve’s decision to maintain its…
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World’s largest private firms ‘fail to set climate targets’
Only 40 of the world’s 100 largest private firms have set net-zero carbon emissions targets to fight climate change, according…
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Indian rupee drops to record low as risk aversion boosts dollar
US equity futures and Asian shares declined while safe haven demand lifted US Treasuries The Indian rupee opened to a…
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