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Germany’s wholesale prices continue to drop in March

ISTANBUL: Germany’s wholesale prices decreased by 3% year-on-year in March, marking 12th consecutive decline, official figures from Destatis showed on Tuesday.

Meanwhile, prices increased by 0.2% from February, federal statistical authority’s data re…

Turkish stock exchange down at open

ISTANBUL: The Turkish benchmark stock index opened Tuesday at 9,645.01 points, down by 0.36% or 34.79 points versus the previous close.

At the previous close, the BIST 100 index fell by 1.37% to 9,679.80 points with a daily transaction volume of 111 …

Trkiye’s BIST 100 index closes Tuesday on low note

ANKARA: Trkiye’s benchmark stock index ended Tuesday at 9,548.09 points, falling 1.36% from the previous close.

Borsa Istanbul’s BIST 100 lost 131.71 points from 9,679.80 points at Monday close.

The total market value of the BIST 100 was around 8.2 …

Germany’s economic morale at over 2-year high

ANKARA: Germany’s economic morale this month rose to its highest level since February 2022, according to data released on Tuesday.

The ZEW Indicator of Economic Sentiment for Germany this month surged 11.2 points month-on-month to 42.9 in April, beat…

Cryptocurrencies lose 4.5% on Iran-Israel worries

ISTANBUL: The total market capitalization of cryptocurrencies was down 4.5% on Tuesday, as investors are worried about the escalation of Iran’s attack on Israel.

The value of the market was at $2.29 trillion at 10.20 a.m. EDT, according to data from …

IMF warns about financial fragilities before monetary easing

ISTANBUL: The International Monetary Fund (IMF) on Tuesday warned about financial fragilities in the global economy before central banks start easing monetary policies.

The financial agency said investors and central banks are expecting monetary poli…

IMF revises up 2024 global growth forecast to 3.2%

ISTANBUL: The International Monetary Fund on Tuesday revised its global economic growth forecast for 2024 upwards to 3.2%, 0.1 percentage point higher than an earlier estimate from January.

Advanced economies are projected to expand 1.7% this year, a…