China's real estate slump expected to last for years
Daily NewsEconomists on Wall Street are warning that weakness in China’s property market could be a drag on the economy in the coming years. “We see persistent weakness in ...
Read MoreEconomists on Wall Street are warning that weakness in China’s property market could be a drag on the economy in the coming years. “We see persistent weakness in ...
Read MoreSouth Korea’s unemployment rate fell by 2.5 percent in May. South Korea’s unemployment rate hit a record low of 2.5 percent in May, a level last seen in August 20...
Read MoreSouth Korea’s unemployment rate fell by 2.5 percent in May. South Korea’s unemployment rate hit a record low of 2.5 percent in May, a level last seen in August 20...
Read MoreAsian markets were mixed after the Fed meeting and the U.S. inflation rate hit a two-year low. Asia-Pacific markets were mixed after U.S. inflation rose to a two-...
Read MoreIt was reported that China is working on an incentive plan that includes regulations and interest rate cuts for the real estate sector. While China has made a sur...
Read MoreGlobal markets have turned their attention to US inflation. A moderate softening is expected in US core consumer inflation to be announced today. US May inflation...
Read MoreErdemoğlu Holding sold 3.55 billion TL worth of Sasa shares to foreign institutional investors. Erdemoğlu Holding sold shares in Sasa to foreigners. According to ...
Read MoreU.S. inflation expectations for the next 12 months fell to the lowest level since May 2021, according to a New York Fed survey. Consumers are increasingly optimis...
Read MoreThe People's Bank of China has cut its short-term lending rate for the first time since August 2022. The interest rate was cut from 2.0% to 1.90% in the bank's se...
Read MoreIndia’s inflation rate falls to lowest level since January 2021 India’s consumer price index rose 4.25 percent year-on-year in May, the lowest inflation rate sinc...
Read MoreAsian stocks were mostly higher on Tuesday as U.S. inflation forecasts were down and the Nikkei hit new highs for 2023. Asia-Pacific stocks were broadly higher on...
Read MoreThe West African country of Ghana has once again become the continent’s largest gold producer, with a 32 percent increase in gold production last year. Ghana Cham...
Read MoreThe US federal government's budget deficit came in above expectations at $240 billion in May. The US Treasury Department released its budget balance report for Ma...
Read MoreSaudi Arabia and Kazakhstan signed a memorandum of understanding in the field of energy. According to the news in the official Saudi Arabian agency SPA, Energy Mi...
Read MoreEbebek Mağazacılık announced that it has filed an IPO application for its shares to be traded on Borsa İstanbul. The global coordinator and book-raising instituti...
Read MoreFormer Treasury Secretary Lawrence Summers said the US economy remains “very, very hot,” although not as hot as it was 6 to 12 months ago. Former US Treasury Secr...
Read MoreGoldman has cut its year-end Brent forecast to below $90 a barrel after two previous downward revisions in the past six months. Concerns about fuel demand deepene...
Read MoreGeorge Soros, 92, has confirmed that he has handed control of his $25 billion empire to his son Alex. Billionaire investor George Soros has confirmed that he has ...
Read MoreChina’s central bank governor says economy’s second-quarter growth to be ‘relatively high’ China’s central bank governor Yi Gang said he expects China’s second-qu...
Read MoreAsia-Pacific markets are mixed as investors bounce back from a strong week and look ahead to major central bank meetings planned ahead. The U.S. Federal Open Mark...
Read MoreAt the Gulf Cooperation Council (GCC) meeting held in Riyadh, the capital of Saudi Arabia, Iran was called to fulfill its obligations arising from the nuclear agr...
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