ISTANBUL: The US Manufacturing Purchasing Managers’ Index (PMI) declined in July to its lowest in seven months, global data provider S and P Global said Wednesday in a report.

The index, which measures the activity level of purchasing managers in the…

ANKARA: Consumer morale in Germany is expected to recover significantly to over two-year high in August, according to data released on Wednesday.

Market researcher GfK is foreseeing minus 18.4 points for consumer sentiment in August, up 3.2 points fr…

ISTANBUL: The Bank of Canada announced Wednesday it reduced its policy rate by 25 basis points to 4.5%, marking the second rate cut in more than four years.

The target for the overnight rate was lowered to 4.5%, with the bank rate at 4.75% and the de…