Business
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Austrian food prices surge by up to 90% since 2021, says labor body
GENEVA: Prices of essential food items in Austria have surged by up to 90% since 2021, according to a report…
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US stocks soar after Fed’s jumbo rate cut
ISTANBUL: Major US stock exchanges soared at the opening Thursday after the Federal Reserve delivered its largest interest rate cut…
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European car market narrows 18.3% in August
ANKARA: The European passenger car market shrank 18.3% year-on-year in August, shifting from a slight rise in the month prior,…
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US stocks close lower as Fed delivers largest rate cut in 16 years
ISTANBUL: Major US stock exchanges closed Wednesday with losses after the Federal Reserve delivered its largest interest rate cut in…
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Inflation in US ‘eased substantially,’ 50 bp rate cut reflects ‘growing confidence’ inflation falling to 2%: Fed Chair
ISTANBUL: US Federal Reserve Chair Jerome Powell said Wednesday that inflation in the US "eased substantially" after the central bank…
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Trkiye’s BIST 100 closes Wednesday on high note
ANKARA: Trkiye's benchmark stock index finished Wednesday at 9,774.49 points, rising 0.17% from previous close. After starting the day at…
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Eurozone inflation rate in August confirmed at over 3-year low
ANKARA: The eurozone's annual consumer inflation rate in August slowed to more than 3-year low of 2.2% matching initial estimate,…
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Indonesia cuts interest rate for 1st time since February 2021
ISTANBUL: Indonesia's central bank on Wednesday announced a cut in its policy rate by 25 basis points to 6%, in…
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Global markets tread carefully in anticipation of Fed’s monetary policy decision
ISTANBUL: Global markets stay cautious ahead of the Fed's monetary policy decision to be announced later on Wednesday, as the…
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European exchanges close with gains
ISTANBUL: European stock exchanges closed Tuesday with gains. The STOXX Europe 600, which includes around 90% of the market capitalization…
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