ISTANBUL: The Bank of Canada announced Wednesday it reduced its policy rate by 25 basis points to 4.25%, marking the third rate cut in more than four years.

The target for the overnight rate was lowered to 4.25%, with the bank rate at 4.5% and the de…

ISTANBUL: Canada saw a $684 million trade surplus in July, according to the country’s statistical agency on Wednesday.

The North American country’s merchandise exports decreased 0.4% in June, while merchandise imports fell at a higher rate of 1.7%, t…

ISTANBUL: In mid-July, observers of Turkish-American relations received a surprise announcement from (now former) US Ambassador to Trkiye Jeff Flake. Even though Flake’s tenure would normally end no earlier than January because of the transition from …