News

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01 Jun 2023 08:42

Oil rises on debt deal progress, China data

Daily News

Oil rose as progress on a U.S. debt deal and expanding factory activity in China overshadowed ongoing concerns about the demand outlook. U.S. crude rose above $68...

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01 Jun 2023 08:41

Two Fed officials support pause on rate hikes

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Philadelphia Fed President Patrick Harker and Fed Chairman Philip Jefferson said the central bank is leaning toward not raising rates at its June meeting. Federal...

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01 Jun 2023 08:41

China's Caixin manufacturing PMI beats expectations

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China’s private sector manufacturing sector survey showed that manufacturing activity unexpectedly grew in May. China’s factory activity rose above the 50-mark se...

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01 Jun 2023 08:40

Asian stocks rise as debt ceiling bill approved

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Asian markets were mostly higher after a House vote passed a U.S. debt ceiling bill. Asia-Pacific markets were mostly higher on Thursday after a bill to raise the...

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01 Jun 2023 08:40

US House of Representatives approves debt limit bill

Daily News

The US House of Representatives has approved a bill that would prevent the country from defaulting by increasing the debt limit. The bill, which was agreed upon a...

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01 Jun 2023 08:39

Toyota to make $2.1 billion additional investment in the US

Daily News

Japanese automaker Toyota is expanding its investments in industries that support the transition to electric vehicles. The company has decided to invest an additi...

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01 Jun 2023 08:38

Russia: Germany's Consulate General Decision Will Not Go Unreacted

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The Russian Foreign Ministry announced that Germany's decision to close four Russian consulates general will not go unanswered. The Russian Foreign Ministry's sta...

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01 Jun 2023 08:38

Fed Beige Book: Growth expectations worsen

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The US Federal Reserve (Fed) reported that economic activity in the country showed “very little” change in April and early May, while future growth expectations d...

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Call for a minimum wage in Italy

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The Governor of the Central Bank of Italy, Ignazio Visco, said that the implementation of a minimum wage could respond to the needs of the country regarding the p...

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01 Jun 2023 08:36

WTO: Global trade slows in first quarter

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The World Trade Organization (WTO) reported that global merchandise trade remained stagnant in the first quarter of the year, but forward-looking indicators point...

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31 May 2023 09:02

Oil continues to slide on weak demand signals

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Oil extended its biggest decline in four weeks on signs of weak demand and ample supply ahead of the upcoming OPEC+ meeting. U.S. crude traded below $70 a barrel ...

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31 May 2023 09:02

Summers' interest rate comment

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Former U.S. Treasury Secretary Lawrence Summers said he expects interest rates to go higher in the short term and taxes to rise significantly in the long term. Fo...

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31 May 2023 09:01

Japan's retail sales decline

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Japan’s retail sales in April fell short of estimates. Retail sales in Japan rose 5 percent year-on-year in April, government data showed on Wednesday. The data s...

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31 May 2023 09:01

Inflation in Australia rises more than expected

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Australia’s inflation rose more than expected to 6.8% in April Australia’s headline inflation rose to 6.8% in April, beating economists’ expectations. The survey ...

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31 May 2023 09:01

Manufacturing activity in China falls short of expectations

Daily News

The official manufacturing PMI, prepared by the National Bureau of Statistics, fell to 48.8 in May, its lowest level in the last five months, from 49.2 in April. ...

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31 May 2023 09:00

US sanctions two Syrian companies

Daily News

The U.S. Treasury Department announced that it has added two financial institutions and three individuals associated with them to its sanctions list, accused of s...

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31 May 2023 09:00

CAIS warns of risks from AI

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The Center for Artificial Intelligence Security (CAIS), headquartered in San Francisco, USA, warned about the dangers that artificial intelligence poses to humani...

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31 May 2023 08:59

UK supermarket profitability under close surveillance

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The UK Competition and Markets Authority (CMA) announced that it is closely monitoring supermarket profits as part of the fight against food inflation, and will e...

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31 May 2023 08:59

China sends message to Musk saying 'we are open for business'

Daily News

Chinese Foreign Minister China Gang stated that China will continue to adhere to its policy of opening up to the outside world and is open to investments from com...

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30 May 2023 07:12

New AI technology in video games from Nvidia

Daily News

The American technology company Nvidia has developed a new artificial intelligence technology that will change the course of the gaming world. The company, which ...

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30 May 2023 07:11

Putin and Biden congratulated President Erdoğan

Daily News

Russian President Vladimir Putin called US President Joe Biden and congratulated President Recep Tayyip Erdoğan on his election success. According to a statement ...

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