ISTANBUL: Oil prices decreased on Monday over demand uncertainties in the US and China, the world’s largest oil consumers.

International benchmark Brent crude traded at $82.45 per barrel at 12.44 a.m. local time (0944GMT), a fall of 0.22% from the cl…

ISTANBUL: China’s central bank, the People’s Bank of China (PBC), unexpectedly decided to lower its interest rates by 10 basis points on Monday.

The one-year loan prime rate (LPR) dropped to 3.35%, and the over-five-year LPR decreased to 3.85%.

The …

ISTANBUL: Trkiye’s annual inflation rate is projected to drop to 42.95% by the end of this year, according to a Central Bank survey released on Monday.

The previous estimate of the survey, based on market participants, was 43.52%, the bank’s statemen…