News

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22 Oct 2024 05:35

Headline: Market Insights - BoC's Rate Cut Seen as Certain, 50 Basis Points the Likely Choice

Daily News

The Bank of Canada (BoC) is expected to cut rates for the fourth consecutive time at its meeting tomorrow, opting for a reduction of 50 basis points instead of th...

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22 Oct 2024 05:20

Market Outlook: China May Implement Fiscal Stimulus of 2-3 Trillion Yuan in the Coming Months

Daily News

Nomura analysts argue that China's recent interest rate cuts on loans highlight Beijing's commitment to reducing borrowing costs and stimulating the economy. The ...

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22 Oct 2024 05:15

Headline: HSBC to Unify Global Commercial and Investment Banking Operations

Daily News

HSBC will merge its global commercial and investment banking operations. Additionally, it will establish a new international Wealth and Premier Banking unit and s...

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22 Oct 2024 04:55

Headline: "Stripe Acquires Bridge: Expanding Horizons with Stablecoin Infrastructure"

Daily News

Fintech giant Stripe has announced its acquisition of stablecoin infrastructure provider startup Bridge. According to a report last week from Forbes, citing sourc...

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22 Oct 2024 04:50

Citi Research Raises Price Forecasts for Gold and Silver

Daily News

Citi Research has raised its three-month forecast for gold prices, citing potential disruption in the U.S. labor market, expected Fed rate cuts, and ongoing physi...

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22 Oct 2024 04:45

Logitech Raises Full-Year Sales Forecast

Daily News

Logitech International raised its full-year outlook following strong performance and increased demand in the second quarter. The company adjusted its full-year sa...

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22 Oct 2024 04:40

Headline: Citi Research Raises Gold and Silver Price Forecasts for China

Daily News

Citi Research has raised its three-month gold price forecast, citing potential disruptions in the U.S. labor market, Federal Reserve rate cuts, and physical and E...

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22 Oct 2024 04:35

Intriguing Shift: Foreign Investors Reduce Holdings in China's Onshore Bonds for the First Time in a Year

Daily News

Foreign investors reduced their onshore yuan bond holdings for the first time since August 2023, as a stronger yuan made hedged onshore bonds less attractive. Acc...

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22 Oct 2024 04:25

Headline: BOJ's Kato: Scrutinizing Risks Stemming from a Weaker Yen

Daily News

The Bank of Japan (BOJ) Executive Director Takeshi Kato stated that the BOJ is carefully examining the upward risks stemming from rising import prices as the yen ...

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22 Oct 2024 04:05

Headline: Özata Shipyard Completes Comprehensive Repair and Maintenance for International Client

Daily News

Özata Denizcilik has completed the repair, maintenance, and overhaul of a vessel under a contract with a foreign company. According to the company's disclosure, t...

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22 Oct 2024 04:05

Title: Kerem Kürklü Appointed as General Manager of Kalekim

Daily News

Kalekim has appointed Kerem Kürklü as General Manager effective January 6, 2025. According to the statement made to the Public Disclosure Platform, during the com...

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22 Oct 2024 03:55

French Government Unveils Financial Plan to Parliament: Growth Forecasts Aim for 1.1% in 2025 and 1.5% by 2027

Daily News

The French government has presented a long-term plan to parliament aimed at curbing the budget deficit in the coming years. The plan commits to reducing the defic...

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22 Oct 2024 03:50

Compelling Headline: IMF's Georgieva: High Prices Are Here to Stay

Daily News

Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), stated that high prices are persistent, contributing to economic pain driven...

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22 Oct 2024 03:40

Intriguing Move: Privatization Tender Announced for Vehicle Inspection Services in Two Regions

Daily News

The Treasury and Finance Ministry's Privatization Administration has opened a tender for the privatization of the "Construction, Maintenance, and Operation Servic...

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22 Oct 2024 03:40

Headline: Fed's Daly: No Indication Yet to Halt Interest Rate Cuts

Daily News

San Francisco Fed President Mary Daly mentioned that she sees no indication that the U.S. central bank will halt the reduction of interest rates, which remain "de...

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22 Oct 2024 03:35

Headline: Fed/Schmid: Advocating a Cautious and Informed Approach to Interest Rate Cuts

Daily News

Kansas City Fed President Jeffrey Schmid expressed his preference for a "cautious and measured" approach to interest rate cuts as inflation progresses towards the...

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22 Oct 2024 03:35

Intriguing Tender Announced: Privatization of Vehicle Inspection Services in Two Regions by ÖİB

Daily News

The Ministry of Treasury and Finance's Privatization Administration (PA) has issued a tender for the privatization of "Construction, Maintenance, and Operation Se...

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22 Oct 2024 03:30

Fitch Anticipates Accelerated Rate Cuts from ECB

Daily News

According to updated forecasts by Fitch Ratings, the European Central Bank is expected to lower interest rates more quickly than previously anticipated. In a publ...

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22 Oct 2024 03:25

Headline: Fed's Kashkari: Sharp Deterioration in Labor Markets Could Prompt Swifter Rate Cuts

Daily News

Minneapolis Fed President Neel Kashkari reiterated a call for "modest" interest rate cuts over the "next few quarters," advocating for a gradual approach to rate ...

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21 Oct 2024 20:15

Headline: TFI International Shares Decline as Q3 Earnings Miss Expectations

Daily News

TFI International Inc. (NYSE:TFII) reported third-quarter earnings that fell short of analyst expectations, causing the company's shares to decline by 1.26% in af...

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21 Oct 2024 20:13

AGNC Investment Surpasses Q3 Earnings Estimates but Falls Short on Revenue Expectations

Daily News

AGNC Investment Corp. (NASDAQ:AGNC) surpassed expectations in its third-quarter earnings while falling short on revenue amid a challenging interest rate environme...

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