El-Erian: Fed may be about to make policy mistake
Daily NewsThe Fed would make a big mistake if it skips a rate hike this week, senior economist Mohamed El-Erian warned in a Financial Times op-ed on Monday that “skipping” ...
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The Fed would make a big mistake if it skips a rate hike this week, senior economist Mohamed El-Erian warned in a Financial Times op-ed on Monday that “skipping” ...
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Economists 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 ...
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South 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...
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South 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...
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Asian 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-...
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It 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...
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Global 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...
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Erdemoğlu Holding sold 3.55 billion TL worth of Sasa shares to foreign institutional investors. Erdemoğlu Holding sold shares in Sasa to foreigners. According to ...
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U.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...
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The 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...
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India’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...
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Asian 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...
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The 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...
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The 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...
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Saudi 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...
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Ebebek 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...
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Former 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...
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Goldman 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...
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George 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 ...
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China’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...
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Asia-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...
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