ISTANBUL: European stocks closed higher on Wednesday, with the exception of the stock exchanges in Italy and Spain.

The STOXX Europe 600, which includes approximately 90% of the market capitalization of the European market across 17 countries, was up…

ISTANBUL: Fitch Ratings said Wednesday that it affirmed Colombia’s long-term foreign currency issuer default rating at BB+ with a stable outlook.

The agency said Colombia’s ratings reflect the country’s track record of macroeconomic and financial sta…

ISTANBUL: The US Federal Reserve on Wednesday kept its federal funds rate unchanged in the 5.25%-5.5% target range, as widely expected, which is the highest level in 23 years.

In recent months, there has been “some further progress” toward the Federa…