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Fitch revises Finland’s outlook to negative; affirms AA+ rating

ISTANBUL: Fitch Ratings announced Friday it revised Finland’s outlook to negative from stable, but affirmed its AA+ rating.

The revision reflects the country’s rising public debt, insufficient fiscal consolidation, uncertainty about further measures,…

European exchanges finish week in green

ISTANBUL: European stock exchanges closed Friday with gains to finish the week on a higher note.

The STOXX Europe 600, which includes around 90% of the market capitalization of the European markets in 17 countries, was up 2.82 points, or 0.57%, at 49…

Fed announces monetary policy meeting scheduled for 2025, 2026

ISTANBUL: The US Federal Reserve announced Friday its monetary policy meeting schedule for 2025 and 2026.

Next year, the Federal Open Market Committee’s (FOMC) two-day meetings will conclude Jan. 29, March 19, May 7, June 18 and July 30.

Those will …