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July 2024

Czechia’s quarterly GDP rise falls short of market expectations

ISTANBUL: Czechia’s seasonally adjusted gross domestic product (GDP) rose 0.3% in the second quarter for the third consecutive time, up from a 0.2% growth in the previous quarter, but below the market expectations of 0.4%, according to a preliminary e…

US stocks open Tuesday higher as Fed meeting kicks off

ISTANBUL: Major stock exchanges in the US opened Tuesday with gains as the Federal Reserve’s two-day monetary policy meeting has kicked off.

The S and P 500 added 22 points, or 0.41% to 5,585 at 9.41 a.m. EDT and the Dow rose 144 points, or 0.36% to …

Hungary economy posts modest 1.5% recovery

ISTANBUL: Hungary’s unadjusted gross domestic product (GDP) increased by 1.5% in the second quarter of the year compared to the previous quarter, according to the country’s statistical authority on Tuesday.

On a seasonally and calendar-adjusted basis…