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August 30, 2024

US interest rates: Jury still out on scale of imminent Fed cut

ISTANBUL: The US Federal Reserve has signaled that an interest rate cut is around the corner, but the burning question now is about the extent.

More specifically, the debate is whether the Fed will go for a reduction of 25 or 50 basis points, with va…

Indonesia, Australia sign defense cooperation deal

ANKARA: Indonesia and Australia have signed a defense cooperation agreement, the Indonesian state-run media said.

The deal was signed Thursday by Indonesian Defense Minister Prabowo Subianto and his Australian counterpart Richard Marles at the Indone…