Nomura warns seven emerging economies face currency crisis danger
LONDON, Nov 22 (Reuters) – Nomura has warned that seven countries – Egypt, Romania, Sri Lanka, Turkey, Czech Republic, Pakistan and Hungary – are now...
Turkey’s inflation hits 24-year high of 85.5% after rate cuts
ISTANBUL, Nov 3 (Reuters) – Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday, slightly below...
Central banks ease off on rate hike push in October
LONDON, Nov 2 (Reuters) – The pace and scale of rate hikes delivered by central banks around the globe in October slowed down dramatically following...
Russia’s Sechin says Taiwan will return to China ‘on schedule’
Sechin: China will get Taiwan on time Sechin praises Saudi Arabia Sechin says BP a ‘shadow’ shareholder BP: continuing to pursue an exit BAKU, Oct...
“60/40” portfolios are facing worst returns in 100 years: BofA
LONDON, Oct 14 (Reuters) – Investors with classic “60/40” portfolios are facing the worst returns this year for a century, BofA Global Research said in...
Exclusive: Banks divert gold supply from India to China, Turkey
MUMBAI, Oct 4 (Reuters) – Gold-supplying banks have cut back shipments to India ahead of major festivals in favour of focusing on China, Turkey, and...
Turkish inflation seen breaching 81% in Aug, falling to 71% by end-2022
A vendor selling seafood serves customers in Ankara, Turkey February 16, 2022. REUTERS/Cagla Gurdogan Register now for FREE unlimited access to Reuters.com Register ISTANBUL, Aug...
People facing acute food insecurity reach 345 million worldwide – WFP
BAGHDAD, Aug 24 (Reuters) – The number of people facing acute food insecurity worldwide has more than doubled to 345 million since 2019 due to...
OPEC chief says blame policymakers, lawmakers for oil price rises
Oil’s recent slide reflects fears, physical demand robust Relatively optimistic on outlook for 2023 Says keen to extend deal with Russia beyond 2022 LONDON, Aug...
Turkish inflation soars to 73%, highest since 1998
People stroll at Mahmutpasa street, a middle-class shopping area, in Istanbul, Turkey May 6, 2022. REUTERS/Murad Sezer Register now for FREE unlimited access to Reuters.com...