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Global markets shaken with mounting recession concerns

ISTANBUL: Global markets started the new week with a historic downward pressure due to increasing recession concerns in the US, causing selling pressure to intensify.

The selling-weighted course in the global markets persisted through the new week, a…

Trkiye’s annual consumer inflation slows to 9-month low in July

ANKARA: Trkiye’s annual consumer inflation significantly cooled to a nine-month low of 61.78% this July, below economists’ forecasts, according to official data released on Monday.

Headline inflation decreased for the second consecutive month in July…

Bitcoin dips to $52K over recession fears

ANKARA: The price of bitcoin sank more than 14% to hover around $52,000 on Monday with growing fears of a US recession in the wake of softer-than-expected jobs data which prompted a rush to safe-haven assets.

Bitcoin saw its price dive to as low as $…