Turkey Pauses Rate Hikes Ahead of Inflation Peak Near 70%
Turkey’s central bank kept interest rates unchanged, pausing a month after surprising markets with a big hike and delivering additional tightening since then.
Turkey’s central bank kept interest rates unchanged, pausing a month after surprising markets with a big hike and delivering additional tightening since then.
The stakes are high as two of the biggest artificial intelligence players prepare to unveil results, a day after Meta Platforms Inc. alarmed investors with its forecast.
Technology stocks dragged down US equity futures on Thursday after a disappointing outlook from Meta Platforms Inc. cranked up the pressure on other tech giants in a high-stakes earnings week.
Pichai Chunhavajira resigned as the chairman of the Stock Exchange of Thailand, in a move widely seen as paving the way for his possible appointment as the country’s new finance minister.
Adler Group SA has reached an agreement in principle with some bondholders on another overhaul of its debtload, as the embattled German real estate firm struggles to sell properties and raise liquidity.
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