economic

Turkey’s new finance minister has vowed to return to “rational” policies after years in which President Recep Tayyip Erdoğan’s unconventional strategy put the country’s $900bn economy under intense strain and sent the lira to record…

Turkish president Recep Tayyip Erdoğan signalled a move to more orthodox economic policies as he unveiled sweeping changes to his cabinet, revamping his financial team and replacing an interior minister known for his hardline…

Breadcrumb Trail Links PMN Business President Joe Biden plans to say the debt-limit agreement he struck with Republicans was “essential” to avoiding an economic crisis and that it preserved the core accomplishments of his first…

Street hawkers open up their business for the day at a market place in Colombo, Sri Lanka. File (representational image) | Photo Credit: AP On June 1, Sri Lanka’s Central Bank slashed the policy interest rates by 250 basis points, the…

Article content (Bloomberg) — China’s Guangdong province will accept bids this month to construct 23 gigawatts of offshore wind power as one of the nation’s economic engines seeks to stave off energy shortages. Article content…

Many traders are bracing for the Fed to raise rates again at its next meeting in two weeks, but the hope is that may be the last for a while.A report released Wednesday morning bolstered expectations for at least one more hike after it…

China’s factory activity has contracted for a second consecutive month, while growth in the service sector slowed, adding to signs of a slackening post-pandemic recovery in the world’s second-largest economy.The official…

Credit: Wits University It is estimated that 55% of the world's population resides in cities and that cities are directly responsible for…

3/3 © Reuters. FILE PHOTO: A logo of Turkey's Central Bank is pictured at the entrance of its headquarters in Ankara, Turkey October 15, 2021. REUTERS/Cagla Gurdogan/File Photo 2/3 By Karin Strohecker and Libby George LONDON…

© Reuters. FILE PHOTO: Nigerian President Muhammadu Buhari speaks during a news conference during a visiit to Pretoria, South Africa, October 3, 2019. REUTERS/Siphiwe Sibeko/File Photo By Felix Onuah ABUJA (Reuters) - Nigeria's…