ISTANBUL: The US Federal Reserve is expected to make two interest rate cuts this year, according to Fitch Ratings on Monday.

The rating agency said it now expects a slightly slower pace of rate cuts from the Fed this year, compared to its expectation…

ISTANBUL: Oil prices increased on Monday over fears of a widening conflict in the oil-rich Middle East.

International benchmark Brent crude traded at $80.67 per barrel at 09.51 a.m. local time (0651 GMT), an increase of 0.49% from the closing price o…

ISTANBUL: Fitch Ratings said Monday it upgraded Pakistan’s long-term foreign currency issuer default rating to CCC+ from CCC.

The rating agency said the upgrade reflects the country’s greater certainty over continued availability of external funding….