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Fitch downgrades Ukraine’s rating to ‘C’

ISTANBUL: Fitch Ratings said Wednesday that it downgraded Ukraine’s long-term foreign currency issuer default rating to ‘C’ from ‘CC.’

The rating agency said the move reflects its view that “the agreement in principle reached on 22 July between the g…

Spot Ethereum ETFs generate $937M volume in 2nd trading day

ISTANBUL: Spot Ethereum exchange-traded funds (ETFs) generated around $937 million in total trading volume on the second day of trading, The Block, a New York-based data and research firm specializing in digital currencies, said Wednesday.

The tradin…

Trkiye’s BIST 100 closes Thursday looking down

ANKARA: Trkiye’s benchmark stock index plunged 1.09% to close Thursday at 10,871.48 points.

After starting the day at 10,989.16 points, Borsa Istanbul’s BIST 100 index lost 120.09 points from the prior close with a daily transaction volume of 97.7 bi…