Turkey's central bank ramped up its benchmark rate by 125 basis points to 17.75 percent on Thursday, taking another step to assert its independence weeks...
Turkey's central bank ramped up its benchmark interest rate by 125 basis points to 17.75 percent on Thursday, taking another step to assert its independence,...
The inflation rate in Turkey jumped in May, official statistics showed Monday, increasing pressure on the central bank to again raise interest rates as fears...
Foreign funds started to flow after international concerns about Turkey's monetary policy were largely addressed during meetings with investors in London,...
Turkey on Saturday said it was addressing the concerns of financial markets about the economy after Moody's threatened a further downgrade of the rating on...
International rating agency Moody’s expects deposit inflows to Lebanon to remain sustainable despite recent U.S. sanctions against Hezbollah senior officials.
Italy's president is expected to ask a former International Monetary Fund official on Monday to head a stopgap government amidst political and constitutional...
Blockchain, the cutting-edge technology behind virtual currencies like bitcoin, has the potential to play a disruptive role in the global finance sector,...
Tesla’s record net loss in the first quarter and fast-burn through cash is raising questions about the company’s future and whether it is able to pay all its...
Rating agency Moody’s Investors Service said Russia’s strong public and external finances would shield its economy from the impact of the latest U.S. sanctions.
The main nationalist ally of Turkish President Recep Tayyip Erdogan Tuesday ramped up expectations that elections could be brought forward by over a year by...
The Saudi stock market surged Monday to a 32-month high as analysts said higher oil prices and easing anxieties after U.S.-led strikes on Syria helped fuel...
Saudi Arabia’s sovereign credit rating was affirmed at A1 by Moody’s Investors Service on expectations that fiscal consolidation will continue over the medium...
Moody’s ratings agency said the international aid package to Lebanon agreed at the recent CEDRE conference in Paris will reflect positively on Lebanon because...
Egypt is bucking the conventional wisdom when it comes to gauging a country’s ability to repay its debt.
Electric car maker Tesla Inc. increased production of its Model 3 mass-market car in the first quarter but still fell far short of the numbers it promised...
The Turkish economy is overheating.
Prime Minister Saad Hariri said Tuesday that Lebanon would seek to raise $6 billion worth of funds at the upcoming CEDRE conference to cover its...
The international ratings agency Moody’s has described Lebanon’s implementation of the Basel liquidity coverage ratio as credit positive.