News

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30 Nov 2022 10:29

St. Louis Fed President calls for additional rate hikes

Daily News

St. Louis Federal Reserve President James Bullard reiterated his call for additional rate hikes that would restrain economic growth. St. Louis Federal Reserve Pre...

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30 Nov 2022 10:28

Recession could force Fed to cut rates, BofA says

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Bank of America argued that the Fed will slow down its monetary policy tightening next year to stimulate the shrinking economy and eventually start cutting intere...

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30 Nov 2022 10:27

Erdemoğlu: I am uncomfortable with SASA's current market value

Daily News

Erdemoğlu Holding Board Chairman İbrahim Erdemoğlu made a statement saying, "I am disturbed by SASA's current market value." Erdemoğlu Holding Board Chairman İbra...

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30 Nov 2022 10:27

JPMorgan forecasts UK recession

Daily News

JPMorgan said it expects the UK economy to contract in 2023. Arguing that the UK economy has entered a long period of stagnation due to rapidly rising natural gas...

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30 Nov 2022 10:26

IMF and WTO warn about global growth

Daily News

The IMF and World Trade Organization leaders have warned about the negative impact of a reversal of globalization on the global economy, and urged diversification...

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29 Nov 2022 10:05

JPMorgan's dollar forecast

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With the Fed’s path becoming clearer, more cautious estimates are being made for the dollar, whose rise this year seems unstoppable. According to JPMorgan Asset M...

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29 Nov 2022 10:04

Yahoo buys 25 percent stake in digital ad company Taboola

Daily News

US web giant Yahoo is purchasing a 25 percent stake in digital advertising company Taboola. In return for this purchase, Taboola will become Yahoo’s local adverti...

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29 Nov 2022 10:03

Tight policy messages at the ECB

Daily News

European Central Bank (ECB) President Christine Lagarde said she would be surprised if euro zone inflation peaked, suggesting that the end of the interest rate hi...

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29 Nov 2022 10:03

Dumping investigation into flat glass imports

Daily News

A final review investigation has been opened regarding the definitive anti-dumping measure in force regarding the import of colorless flat glass originating from ...

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29 Nov 2022 10:02

Oil supply concerns

Daily News

Oil extended its recovery from a near one-year low on speculation that the Organization of the Petroleum Exporting Countries and its allies will deepen supply cut...

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29 Nov 2022 09:56

China to hold press conference on Covid today

Daily News

China will hold a press conference today on its COVID measures. According to a statement from the NHC, representatives from the National Health Commission, the Na...

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29 Nov 2022 09:56

Richmond Fed President Barkin calls for slowdown

Daily News

“I am a big supporter of raising interest rates on a slower path,” Richmond Fed President Thomas Barkin said. Richmond Fed President Thomas Barkin said he favors ...

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29 Nov 2022 09:55

Asian stock markets are monitoring developments in China

Daily News

Hong Kong shares rose 4% in the Asian session. The focus on Asian stock markets remains on China’s Covid situation. Hong Kong stocks led the Asia-Pacific’s mixed ...

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29 Nov 2022 09:55

Rishi Sunak: So-called 'golden era' in relations with China is over

Daily News

British Prime Minister Rishi Sunak has stated that his country’s so-called “golden age” in relations with China is over, and that they need to change their approa...

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29 Nov 2022 09:53

$150 billion oil investment from UAE

Daily News

UAE plans $150 billion investment to expand oil and gas sector The national oil company of the United Arab Emirates (UAE), ADNOC, aims to increase the company’s c...

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29 Nov 2022 09:53

WTO warns of slowdown in global goods trade

Daily News

The World Trade Organization (WTO) reported that the Merchandise Trade Barometer fell below trend as global import demand weakened. The report published by the or...

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28 Nov 2022 10:20

Biden calls for "shopping from small businesses"

Daily News

US President Joe Biden and Vice President Kamala Harris joined the discount shopping season, known as Black Friday, which began the day after Thanksgiving with me...

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28 Nov 2022 10:20

Asian stock markets fall

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Asian stocks fall as Covid protests lead Hong Kong stocks led losses in a negative Asia-Pacific session on Monday amid unrest in China over its ongoing zero-Covid...

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28 Nov 2022 10:19

ECB/Makhlouf: If interest rate hikes are needed, smaller hikes will be made

Daily News

“If further rate hikes are needed next year, they will be smaller,” said Gabriel Makhlouf, a member of the European Central Bank and president of the Central Bank...

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28 Nov 2022 10:19

US breaks record for online spending on Black Friday

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Despite high inflation, the U.S.’s biggest shopping event of the year, Black Friday, has broken records for online spending. Online spending in the U.S. is expect...

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28 Nov 2022 10:18

Zero-Covid protests flare up in China

Daily News

Protests against China’s zero-Covid policy have spread to multiple cities. On Sunday, protesters and police clashed in Shanghai. Protests against China’s strict C...

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