Fitch downgrades US long-term credit rating
Daily NewsInternational 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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Oil headed for its biggest monthly gain in more than a year on forecasts of record crude demand as OPEC+ cuts output and signs the market is tightening. U.S. crud...
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In June, seasonally adjusted data showed industrial production rose 2.0 percent from the previous month. Economists had expected production to rise 2.4 percent af...
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China’s manufacturing activity rose to 49.3 in July from 49.0, but remained below the 50-point threshold that separates growth from contraction. China’s manufactu...
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Asian stocks rose as China’s factory activity contracted for a fourth straight month. Asia-Pacific stocks rose on Monday as China’s July factory activity remained...
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Minister of Environment, Urbanization and Climate Change Mehmet Özhaseki announced that a contribution of 27.4 billion liras was provided to the Treasury through ...
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