Recession could force Fed to cut rates, BofA says
Daily NewsBank 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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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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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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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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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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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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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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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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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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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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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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“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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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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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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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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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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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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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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“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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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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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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The President of the Software Industrialists Association (YASAD), Gönül Kamalı, stated that 30 thousand software developers went abroad in 2021 and that this numb...
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