Business
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Global markets start week on positive note amid easing inflation concerns
ISTANBUL: Global markets began the new week on a positive trend, as inflationary pressures appear to be waning, although concerns…
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Commodity prices surge following Fed’s rate cut
ISTANBUL: Commodity markets saw an upward trend last week after the Fed's 50-basis-point rate cut after four years, while the…
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Trkiye eyes rating upgrade in November with improving net reserves, narrowing account deficit
LONDON: Trkiye could see a new rating upgrade in November with its improving net foreign currency reserves and quickly narrowing…
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Pakistan’s premier calls for choosing sound economic policies over ‘chaos’
KARACHI: Pakistan's prime minister said Sunday that his countrymen have rejected the "politics of polarization" and chosen sound economic policies…
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Moody’s upgrades Iceland’s ratings to A1, changes outlook to stable
Moody's announced Friday it upgraded Iceland's local and foreign currency long-term issuer ratings to A1, from A2, but changed its…
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Fed’s jumbo rate cut reflects worries about US labor market: Report
ISTANBUL : The Federal Reserve's jumbo rate cut of 50 basis points reflects worries about the US labor market, according…
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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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