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BIST10011,718
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EUR55.57
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GOLD4,150.60
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October 20, 202614°
BIST10011,718
+2.52%
USD49.55
+0.21%
EUR55.57
-0.09%
GOLD4,150.60
-0.23%
INTEREST37.00%
-1.00
BITCOIN81,792
-0.06%
October 20, 202614°

Markets & Finance

142 articles

Economy

Belgium gets all July gas from Russia despite EU LNG ban plan
Bloomberg data shows Belgium sourced all its July LNG imports from Russia. Conflicts and supply cuts in the Middle East are making it harder for Europe to curb its reliance on Russian energy.
Kazakhstan begins building three highways to shorten China-Europe trade route
Kazakhstan has begun construction on three strategic highway projects that will cut the China-Europe freight route by 1,000 kilometers and reduce delivery times to 3 days. President Tokayev announced that once completed, annual freight flow will rise to 13.2 million tons.
SpaceX to report $6.9 billion revenue in first public financial results
SpaceX is preparing to announce its first financial results since its major IPO in June. Analysts expect $6.9 billion in second-quarter revenue, with investors closely watching Starlink's growth and returns from AI investments.
Brent crude drops 7.4% after Trump announces Iran talks restart
President Trump’s announcement that talks with Iran would resume, combined with OPEC+'s decision to boost output, triggered a sharp fall in Brent crude prices. Brent crude fell to $83.41 per barrel.
Cuba's national power grid collapsed, leaving 10 million in the dark
Cuba's National Electric Company announced a total blackout across the country. About 10 million people, including in the capital Havana, were affected.
US and Japan intervene jointly to halt yen's slide for first time since 2011
Japan and the US carried out a coordinated market intervention to prevent the Japanese yen from sliding to its lowest levels in 40 years. While President Trump stated that the US stands with Japan, Tokyo announced it is ready to take further steps if necessary.
China Defends Industry-Focused Economic Model Ahead of Trade Talks with EU and US
China announced it will maintain its industry and investment-focused economic model despite pressure from Western countries to boost domestic consumption. Beijing signaled no fundamental change in policies ahead of new trade negotiations with the EU and US.
Emirates NBD Egypt acquires HSBC's retail banking business in Egypt
Emirates NBD Egypt has signed a final agreement to take over HSBC's retail banking operations in Egypt. With this move, the bank aims to strengthen its position in the Egyptian market.
Elon Musk calls Tesla China withdrawal claims 'absurdly false'
Tesla CEO Elon Musk vehemently denied the Wall Street Journal report that the company could withdraw from the Chinese market. Musk stated that such a scenario was never discussed within the company.
Global markets eye US nonfarm payrolls data this week
After a volatile week shaped by Middle East tensions and central bank rate decisions, market participants await the US employment figures due on Friday.

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