AI impact on IBM's revenue

American technology company IBM’s revenue increased by 2 percent to $15.8 billion in the second quarter of this year. IBM CEO Arvind Krishna said, “We continue to...

Oil continues to fall

Oil fell on a weak outlook for China and dwindling U.S. inventories, along with a broader pullback in commodity and equity markets. Brent fell to $81 a barrel aft...

Another surprise interest rate cut from China

The People's Bank of China has made a surprise cut to its medium-term lending facility (MLF) rate. For the second time this week, the People's Bank of China has s...

Yen strengthens on BOJ rate hike expectations

The Japanese yen continues to gain strength on expectations that the interest rate gap between the US and Japan will start to narrow. The Japanese yen, which has ...

Is the sell-off in technology stocks temporary or permanent?

After the earnings season of giant technology companies started with weak figures announced by Tesla and Alphabet, investors began to evaluate whether the artific...

US economy grows faster than expected

The U.S. economy grew by a more-than-expected 2.8 percent in the second quarter of this year. The U.S. economy grew by a more-than-expected 2.8 percent in the sec...

Yellen's statement on 'stable growth'

US Treasury Secretary Janet Yellen stated that data showing that the country’s economy grew by 2.8 percent in the second quarter of the year confirms that the US ...

Oil price remained in a narrow band

Oil rose slightly for a third session as investors weighed down lower U.S. inventories and weaker Chinese demand. Brent was little changed for the week, rising ab...

Harris narrows gap to 1 point over Trump

Vice President Kamala Harris has narrowed her lead over Donald Trump to 1 percentage point, according to a poll conducted after President Joe Biden withdrew his c...

Market debate on Fed's first interest rate cut grows

The debate over the timing of the Fed’s rate cut in the US is intensifying day by day. Investors interpreted the strong growth data released in the US on Thursday...

Yellen strongly denies Roubini's manipulation accusation

U.S. Treasury Secretary Janet Yellen has hit back at economist Nouriel Roubini’s accusations of manipulation regarding U.S. bond issuances. U.S. Treasury Secretar...

Latest US election polls

The latest polls for the US presidential election show that Democratic candidate Kamala Harris has closed the gap with Donald Trump. Public opinion polls show tha...

Trump: I will make the US the crypto center of the world

US Republican presidential candidate Donald Trump has said he will fire the head of the US Securities and Exchange Commission, Gary Gensler, who is known for his ...

The tax package has passed through the Grand National Assembly of Turkey.

The bill containing regulations related to tax and social security was approved in the General Assembly of the Turkish Grand National Assembly (TBMM).

The bill f...

Oil near six-week low

Oil traded near a six-week low ahead of this week’s OPEC+ meeting as positive economic data from China helped ease demand concerns. Brent crude rose above $81 a b...

Harris Donation Record, Trump Winks at Cryptocurrencies

US Vice President Kamala Harris raised $200 million in donations in the week she entered the 2024 presidential race — a sum her campaign communications director d...

Nasdaq 100 on verge of correction, eyes on balance sheets

The rotation, which began with the data released supporting expectations for interest rate cuts in the US and sent the Nasdaq 100 index down 8% in two weeks, has ...

McDonald's sales fall for first time since 2020

McDonald’s Corp. sales fell for the first time since 2020 in the second quarter, falling short of analysts’ expectations for moderate growth. McDonald’s Corp. sal...

Oil falls below $80

Oil fell to a seven-week low ahead of this week’s OPEC+ meeting on concerns about the strength of global demand. Brent crude fell below $80 a barrel for the first...

Two-step trade strategy against Trump scenario in Europe

According to the British Financial Times, if Republican candidate Donald Trump returns to the White House, Brussels will propose a quick deal and then threaten re...

Will the rotation in US stocks continue?

Shares of about 300 companies in the S&P 500 closed higher on Monday. An index tracking the “Magnificent Seven” stocks rose 1 percent, while the Russell 2000, whi...