ISTANBUL (Reuters) – The Turkish trade deficit widened 138.4% from the previous year to $110.19 billion in 2022, the Trade…
Syria weakens official exchange rate
DAMASCUS (Reuters) – Syria weakened its official exchange rate to 4,522 Syrian pounds to the dollar, a central bank statement…
Dubai scraps 30% tax on alcohol sales amid economic rebound
DUBAI (Reuters) – Dubai has suspended a tax of 30% on alcohol and dropped a licence fee previously needed to…
Turkish factory activity contracts in Dec but shows improvement -PMI
ISTANBUL (Reuters) – Turkish factory activity contracted for the 10th month running in December but showed some signs of improvement…
Market misery deals sovereign wealth funds historic setback in 2022 -study
By Marc Jones LONDON (Reuters) – Heavy falls in stock and bond markets over the last year have cut the…
Turkish central bank includes other financial firms in securities regulation
ANKARA (Reuters) – The Turkish central bank has included non-bank financial companies in securities maintenance regulations as part of its…
Oil ends year of wild price swings with 2nd straight annual gain
By Laila Kearney NEW YORK (Reuters) -Oil prices swung wildly in 2022, climbing on tight supplies amid the war in…
How 2022 shocked, rocked and rolled global markets
By Marc Jones LONDON (Reuters) – Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities…
Factbox-Turkey’s raft of pre-election spending to swell budget
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Oil drops on China uncertainty; U.S. demand limits decline
By Shariq Khan NEW YORK (Reuters) – Oil prices fell for a second straight session on Thursday on an uncertain…