Search
Close this search box.

Industry

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…

US retail inventories increase 0.8% in July

ISTANBUL: US retail inventories increased 0.8% in July, from the previous month, according to the Commerce Department’s Census Bureau advance figure released Thursday.

The figure, which measures the change in the total value of goods held in inventor…

Trkiye’s BIST 100 up at Thursday close

ANKARA: Trkiye’s benchmark stock index closed Thursday at 9,833.22 points, rising 0.78% from the previous close.

Borsa Istanbul’s BIST 100 gained 76.06 points with a daily trading volume of 86 billion Turkish liras ($2.50 billion).

The price of an o…