China Evergrande files for bankruptcy in US
Daily NewsChina Evergrande has filed for protection from creditors in U.S. bankruptcy court. Real estate giant China Evergrande Group, whose default two years ago precipita...
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China Evergrande has filed for protection from creditors in U.S. bankruptcy court. Real estate giant China Evergrande Group, whose default two years ago precipita...
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Param announced that it has acquired the Czech fintech company Twisto in line with its growth strategy abroad. Param has acquired the Czech “Buy now, pay later” p...
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The Norwegian DNO ASA, which produces oil in northern Iraq, announced last month that it had begun test oil production from the Tawke field and was continuing pro...
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The Norwegian Central Bank lowered its policy rate to 4 percent, in line with expectations, and signaled a final increase for September. The Norwegian Central Ban...
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As of the end of June, short-term external debt stock increased by 9.2 percent compared to the end of 2022, reaching 162.8 billion dollars. According to data publ...
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Treasury and Finance Minister Mehmet Şimşek stood before the cameras at the 66th General Assembly of the Banks Association of Turkey. Şimşek said in his speech th...
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According to TurkStat data, unemployment decreased by 73 thousand people in the second quarter compared to the previous quarter and became 3 million 400 thousand ...
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Gold remained flat below $1,900 on speculation that interest rate hikes may continue due to inflation still being too high. After closing below $1,900 for the fir...
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One of the hawkish European Central Bank governors, Latvian central bank governor Martin Kazaks, said any further rate hikes by the ECB would be more limited. Acc...
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The People's Bank of China (PBOC) sent an important message through the reference exchange rate level it set to prevent the yuan from depreciating, which is headi...
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According to CBRT data, as of the end of June, the total loan debt of the private sector from abroad decreased by $3.2 billion compared to the end of 2022 and amo...
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Gold traded near its lowest level since late June as swap investors in the U.S. increased their pricing of a new rate hike to above 50 percent. Gold traded near i...
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Economists at JPMorgan and Barclays have cut their China growth forecasts amid economic woes stemming from weak domestic demand, falling exports and a weakening r...
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The aerospace transportation company Rocket Lab will launch two small satellites for NASA that could help scientists better understand how a warming global climat...
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The Reserve Bank of New Zealand left its policy rate unchanged for the second consecutive meeting, in line with economists’ expectations, at 5.5%. The Reserve Ban...
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With hedge funds making their second-quarter positions public, fund managers have largely maintained their optimism about technology stocks. According to the half...
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After the devaluation of the Argentine and Russian currencies against the dollar, all eyes turned to emerging markets. The sharp devaluation of the Argentine and ...
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Japan’s economy grew 6 percent in real terms in the April-June period of this year. Japan’s economy grew 6 percent annually in the three months ending in June. Ec...
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The People’s Bank of China unexpectedly cut interest rates, assessing that the economy needs support. The People’s Bank of China (PBOC) unexpectedly cut policy ra...
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Pegasus announced a net profit of TL 1.9 billion in the second quarter of 2023, above market expectations. Pegasus announced a net profit of TL 1.925 billion in t...
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The US Department of Justice announced that Switzerland-based UBS bank has agreed to pay $1.435 billion to settle a “fraud” case in the sale of residential mortga...
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