Fitch puts US credit rating on negative watch
Daily NewsInternational credit rating agency Fitch Ratings has placed the US’s “AAA” credit rating on negative watch due to the debt limit impasse. In a statement, Fitch sa...
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International credit rating agency Fitch Ratings has placed the US’s “AAA” credit rating on negative watch due to the debt limit impasse. In a statement, Fitch sa...
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Minister of Treasury and Finance Nureddin Nebati stated that the banking sector has demonstrated its strength beyond dispute and said, "Despite the recent bankrup...
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The classification, qualifications and types of businesses of SMEs have been redefined. The regulation on Small and Medium-Sized Enterprises (SMEs) entered into f...
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It has been calculated that Brexit has caused food inflation in the UK to be 30% higher, adding an additional £7 billion to households’ food bills since December ...
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The Fed minutes highlighted the division among officials on further rate hikes. The minutes indicated that the extent of possible rate hikes had become less certa...
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Copper prices fell below $8,000 per tonne for the first time in six months following weak economic data from China following the end of COVID-19 restrictions. Cop...
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Qatar Central Bank Governor Bandar bin Mohammed bin Saud Al Thani announced that the country’s financial situation is suitable for the local currency to be pegged...
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The European Union (EU) Commission has requested member states to comply with the union's fiscal rules and reduce current energy support measures by the end of th...
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European Central Bank (ECB) President Christine Lagarde stated that the bank is determined to fight inflation and will bring interest rates to sufficiently restri...
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The Sasa A Team, led by Erdemoğlu Holding Chairman İbrahim Erdemoğlu, attended the Qatar Economic Forum. The Qatar Economic Forum, which was held for the third ti...
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British Finance Minister Jeremy Hunt stated that although inflation fell to 8.7 percent in April, food inflation remained “worryingly” high. In his assessment of ...
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The US Federal Reserve (Fed) has created a new measure of credit and financial market sentiment using Natural Language Processing on Twitter data. The Fed's repor...
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The downward momentum in annual inflation in the UK continued in April. Annual inflation in the country fell to its lowest level in a year at 8.7 percent. It was ...
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The world’s richest man, Bernard Arnault, lost $11 billion after LVMH stock crash. The world’s richest man, Bernard Arnault, had $11.2 billion wiped from his fort...
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Oil rose for a third session after Saudi Arabia issued a warning to short sellers and suggested OPEC+ could reduce output to boost prices. U.S. crude rose to $74 ...
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The Reserve Bank of New Zealand (RBNZ) raised its policy rate by another 25 basis points, in line with market expectations, warning that inflation is still too hi...
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Asia-Pacific markets were mostly lower on Wednesday. Hong Kong’s Hang Seng index fell 1.05 percent and the Hang Seng Technology Index lost 1.16 percent, led by he...
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Global internet television network Netflix has announced that users in the US will be able to share their account information with others for $8 per month. Netfli...
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International credit rating agency Fitch Ratings reported that weakening consumer confidence due to inflation and tight credit standards due to stress at regional...
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While no concrete results came out of the critical talks on the debt limit in the U.S., U.S. Treasury Secretary Yellen warned that the department could run out of...
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“The European Central Bank will hit a peak in interest rates in its next three meetings,” said Francois Villeroy de Galhau, a member of the Governing Council of t...
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