Profits of industrial companies in China plummet
Daily NewsIn China, industrial companies' profits fell by 23 percent in the first two months of the year compared to the same period of the previous year. In the same perio...
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In China, industrial companies' profits fell by 23 percent in the first two months of the year compared to the same period of the previous year. In the same perio...
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China’s central government has borrowed at record levels to finance more spending and ease provincial debt burdens. The amount of government bonds sold this quart...
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International Monetary Fund Managing Director Kristalina Georgieva said China was showing signs of a strong economic recovery. Speaking at the 2023 China Developm...
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Minneapolis Fed President Neel Kashkari said the recent stresses in the banking system could push the U.S. economy closer to a recession. The recent stresses in t...
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Asia-Pacific markets were mixed on Monday as investors continued to assess the impact of banking problems in the U.S. and Europe. On Friday, Deutsche Bank saw a s...
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In global markets, gold approached the $2,000 limit on the last trading day of the week following the signals given by the Fed regarding monetary policy, while gr...
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It has been revealed that prior to the state-backed acquisition of Credit Suisse by UBS, some bankers from both institutions were summoned to testify in the US. I...
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Japan’s manufacturing activity contracted for a fifth straight month in March, showing that the economic recovery is fragile as global demand slows. Japan’s manuf...
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Japan’s inflation rate slowed for the first time in 14 months, with consumer prices excluding fresh food rising 3.1 percent in February from a year earlier. Japan...
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TikTok CEO Shou Zi Chew, who testified in the US Congress, did not satisfy the lawmakers with his answers on a number of issues, including his relationship with C...
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US Treasury Secretary Janet Yellen said that they are ready to do more, if necessary, to ensure the safety of deposits following the crisis in the banking sector ...
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In Switzerland, which is facing the biggest banking crisis in its history, there was no step back in the path of monetary tightening. The Swiss National Bank incr...
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Gold gained value as expectations strengthened that the Fed is nearing the end of the tightening process following its 25 basis point rate hike. Experts set a tar...
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Petroleum Pipeline Corporation (BOTAŞ) announced that work has begun to fix the leak that occurred in the Batman-Dörtyol crude oil pipeline. In a statement made b...
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While the communication infrastructure that collapsed in the earthquake revealed the deficiencies of GSM companies in terms of investment, borrowing efforts conti...
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The benchmark Selic interest rate remained at 13.75 percent, the Brazilian Central Bank said. The Brazilian Central Bank (BCB) left its benchmark interest rate un...
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Ukraine, which is at war with Russia, has reached an agreement with the International Monetary Fund (IMF) for a financing package of approximately $15.6 billion. ...
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Asian stocks rose ahead of the Fed’s critical interest rate decision. Asia-Pacific stocks rose on Wednesday as investors awaited the U.S. Federal Reserve’s latest...
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German Minister of Economy and Climate Protection Robert Habeck announced that Germany is evaluating export restrictions to China in the field of technology. In a...
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In Lebanon, the dollar, which was traded at 100,000 lira on the black market on March 14, broke a new record today by rising to 140,000 lira. The Lebanese lira ha...
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NATO countries’ defense spending in 2022 increased compared to the previous year, reaching $1.17 trillion. NATO Secretary General Jens Stoltenberg’s 2022 Annual R...
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