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Bitcoin dives below $54,000 to erase all gains of past 4.5 months

ISTANBUL: The price of Bitcoin dove below $54,000 on Friday as the world’s biggest cryptocurrency eased all gains of the last four and a half months.

After plummeting 5.3% on Thursday, the price of Bitcoin fell to as low as $53,886 and it was trading…

Eurozone retail sales improves slower than expected in May

ANKARA: Euro area retail sales posted a slower-than-expected recovery in May compared to a month ago, according to data released on Friday.

The volume of retail trade both in the eurozone and the EU returned to growth by 0.1% on a monthly basis in Ma…

Australia posts int’l trade surplus of $3.9B in May

ISTANBUL: Australia’s foreign trade balance posted a surplus of 5.77 billion Australian dollars ($3.9 billion) in May, the country’s statistical bureau revealed on Thursday.

The country’s exports totaled 43.98 billion Australian dollars ($29.54 billi…