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Wednesday, October 4, 2023

Asian stocks close Friday with gains

ANKARA Asian stock markets closed with gains on Friday as China's rate cut bolstered investors' sentiment. The Asia Dow, which includes blue-chip companies in the region, was up 54.3 points, or...

Brent oil prices slightly up on hopes of higher peak season demand

ANKARA International benchmark Brent crude was trading at $111.43 per barrel at 0638GMT for a 0.05% increase after closing the previous session at $111.37 per barrel. Brent oil prices increased mainly...

Canada bans Huawei from participating in country’s 5G wireless networks

TRENTON, Canada  Canada announced Thursday that it has banned two Chinese firms -- telecom giant Huawei Technologies and ZTE -- from participating in the country's 5G wireless networks.  Public Safety Minister...

European recession likely if Russia suddenly halts gas supply: Fitch

ANKARA  An economic recession in the euro area is likely if there is a sudden halt in Russia's natural gas supplies to the bloc, Fitch Ratings warned Thursday.  "Exposures are so...

Bitcoin above $30K again as cryptocurrencies seek direction

ANKARA  The price of Bitcoin climbed above $30,000 on Thursday as cryptocurrencies are seeking direction but have failed to recover from massive losses in the last two weeks. Bitcoin, the world’s...

Twitter rolling out 'crisis misinformation policy' with 1st focus on Ukraine

WASHINGTON  Twitter announced Thursday a new "crisis misinformation policy," which it said is a bid to ensure "viral misinformation" is not amplified on the social media website during conflicts and...

Brent oil prices up on hope of stronger Chinese demand

ANKARA Oil prices rose on Thursday driven by signs that the world's second-largest oil-consuming country China's virus outbreak could be easing, raising expectations of stronger demand. International benchmark Brent crude...

Dow slumps more than 1,100 points in worst loss since June 2020

ANKARA The Dow Jones industrial average plummeted more than 1,100 points Wednesday to post its worst daily loss since June 2020. The blue-chip index lost 1,164.5 points, or 3.57%, to close...

US gun manufacturing triples in past 2 decades: Report

WASHINGTON The number of guns manufactured in the US has nearly tripled since 2000, according to a recently published government report. The Bureau of Alcohol, Tobacco, Firearms and Explosives’ (ATF) National...

New York Fed launches global supply chain pressure index

ANKARA The Federal Reserve Bank of New York announced Wednesday the monthly publication of a new research product focused on assessing the intensity of global supply chain disruptions. The Global Supply...

Latest article

Non-Food Retail Sales Show Resilience Despite Overall Decline in Euro Area

According to Eurostat, retail sales volume in July decreased by 1% in the euro area and 1.2% in the EU year-over-year. The volume of...

Azerbaijani official says New York Times curbing alternative views

ISTANBUL Azerbaijan's presidential adviser said Wednesday that The New York Times is curbing alternative views, amid reports by media outlets on an alleged "blockade" on...

U.S. Secretary of State in Kyiv to Discuss Funding and Anti-Corruption Efforts

U.S. Secretary of State Antony Blinken arrived in Ukraine’s capital, Kyiv, on Wednesday for an unannounced two-day visit, according to U.S. media reports. This...

Amber Heat-Health Alert Issued for London and Seven Other English Regions

The UK Health Security Agency (UKHSA) and the Met Office have jointly issued an amber heat-health alert (HHA) for eight regions in England, including...

Erdogan Urges Global Powers to Consider Syria’s Demographics for Lasting Peace

President Recep Tayyip Erdogan announced on Tuesday that Türkiye is committed to finding a solution based on Syria’s demographic realities and territorial integrity. He...