News

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13 Oct 2023 10:25

China's exports and imports continue to decline

Daily News

China's exports and imports continued to decline in September after August. According to customs data released on Friday, China recorded a smaller-than-expected d...

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13 Oct 2023 10:24

Powell will speak at the Economic Club of New York on October 19

Daily News

Fed Chair Jerome Powell will make his final speech at the Economic Club of New York on October 19 before the Fed's interest rate decision. Fed Chair Jerome Powell...

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13 Oct 2023 10:24

Chinese consumer prices unexpectedly flat

Daily News

China's consumer prices remained stable, below expectations. Inflation in China was unexpectedly stable in September due to a high base effect. The consumer price...

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13 Oct 2023 10:24

India's inflation falls short of expectations

Daily News

India's inflation rate has fallen to a three-month low. India's inflation data rose 5.02 percent year-on-year in September, falling to a three-month low on the ba...

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13 Oct 2023 10:23

Biden met with top executives of some major US companies

Daily News

US President Joe Biden met with executives from large companies from various sectors, including Target, IBM and Exelon, to discuss the country's economy. In a sta...

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12 Oct 2023 09:58

Bond investors are changing direction

Daily News

Schroders Plc fund managers have begun closing positions in short-term bonds. Schroders Plc fund managers have begun closing positions where they profit when shor...

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12 Oct 2023 09:58

Phones that are not used for 1 year will be turned off

Daily News

According to the amendment published in the Official Gazette, phones that have not received a signal continuously for a year will be removed from the IMEI pool. P...

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12 Oct 2023 09:57

Oil wipes out gains

Daily News

Oil prices fell for a third day, at one point erasing all of Monday's surge in the conflict between Israel and Hamas, as fears of a spillover eased and U.S. indus...

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12 Oct 2023 09:57

Boston Fed President Collins comments on interest rates

Daily News

Boston Fed President Susan Collins said more rate hikes were still possible. Collins added that the full impact of the hikes had yet to be seen. Boston Fed Presid...

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12 Oct 2023 09:57

Citi: Be mindful of energy in times of geopolitical risk

Daily News

Citi says the impact of Middle East tensions on stocks will likely be on energy prices. With Israel-Hamas concerns over oil supplies rising, Citi says the main dr...

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12 Oct 2023 09:56

US auto workers strike at Ford truck plant

Daily News

In the US, the United Auto Workers Union (UAW) announced that 8,700 of its members went on strike at Ford's truck plant in the state of Kentucky. The UAW statemen...

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12 Oct 2023 09:56

The IRS has found Microsoft owed nearly $29 billion in taxes

Daily News

Microsoft has announced that it has received a notification from the U.S. Internal Revenue Service (IRS) for an additional tax payment of $28.9 billion. Microsoft...

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10 Oct 2023 10:19

Interest rate exit from ECB member: At the right level

Daily News

The President of the Bank of France and a member of the Executive Board of the European Central Bank, Francois Villeroy de Galhau, said that interest rates are at...

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10 Oct 2023 10:19

New move from the EU regarding Chinese steel

Daily News

According to the British Financial Times, the European Union (EU) plans to cooperate with the US to launch an anti-subsidy investigation into Chinese steelmakers....

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10 Oct 2023 10:19

US bond rally

Daily News

The Fed members’ messages, along with the search for a safe haven against increasing geopolitical risks following the Israel-Hamas conflict, also played a role in...

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10 Oct 2023 10:18

Oil calms down after rally

Daily News

Oil prices settled after their biggest rise in six months on the prospect of escalating tensions in the Middle East. U.S. crude rose 4.3 percent on Monday to trad...

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10 Oct 2023 10:18

Yellen: We will prevent evasion of Russian oil price cap

Daily News

Treasury Secretary Janet Yellen said she was preparing to block any evasion of the G7’s price cap on Russian oil because recent market prices suggested the mechan...

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10 Oct 2023 10:18

Fed Vice Chairman Jefferson comments on interest rates

Daily News

Fed Vice Chairman Philip Jefferson said the central bank should be careful about further increases in the benchmark federal funds rate, adding that “we are in a d...

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10 Oct 2023 10:18

Truck manufacturer Mack Trucks also begins strike

Daily News

In the US, the United Automotive Workers Union (UAW) announced that approximately 4,000 of its members have decided to strike at the Pennsylvania, Maryland and Fl...

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10 Oct 2023 10:17

Spain reacts to EU decision to halt aid to Palestine

Daily News

Spanish Deputy Prime Minister Yolanda Diaz reacted to the freezing of European Union (EU) development aid to Palestinians while conflict between Israel and Palest...

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10 Oct 2023 10:17

Fed official supports plan to increase bank capital

Daily News

Michael Barr, the Vice Chairman of the Federal Reserve (Fed) for Supervision, stated that the proposed regulation to increase bank capital could increase banks’ f...

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