ISTANBUL: The US trade deficit rose 0.8% to $75.1 billion in May — the highest since October 2022, according to the Commerce Department’s Census Bureau on Wednesday.
The expectation for the figure was to show a deficit of $76.3 billion.
The figure …
ISTANBUL: Economic activity in the US services sector fell in June for the second time in the last three months, according to a survey report Wednesday by the Institute for Supply Management (ISM).
The ISM’s non-manufacturing purchasing managers’ ind…
LONDON: Trkiye’s removal from the grey list by the Financial Action Task Force (FATF) is a step towards further boosting international markets’ confidence in the country, Alvaro Pereira, chief economist of the Organization for Economic Co-operation an…