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Industry

Canada’s retail sales fall 0.8% to $66.1B in May

ISTANBUL: Canada’s retail sales declined 0.8% to $66.1 billion in May, the country’s statistical authority said Friday.

The market expectation for the figure was to show a decrease of 0.5%, while retail sales rose 0.6% in April.

In May, sales were d…

Turkish Central Bank reserves hit fresh all-time high

ANKARA: The Turkish Central Bank’s official reserve assets rose a fresh record high of $153.8 billion as of July 12, according to weekly figures released on Friday.

The gross reserves rose from $148.4 billion a week ago, the bank’s international rese…