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US inflation accelerates to 4.2% in May, reinforcing hawkish Fed bets Image

US inflation accelerates to 4.2% in May, reinforcing hawkish Fed bets

inflation

2 min read

Rising energy costs push US inflation to 4.2% in line with expectations, raising prospect of hawkish Fed stance

Oil jumps as Trump threatens new Iran attacks, global markets turn lower

Global Markets

3 min read

Oil climbs more than 1% while stocks retreat and bond yields rise after Trump warns Iran of further consequences

Oil jumps as Trump threatens new Iran attacks, global markets turn lower Image

ING projects slow easing cycle for Türkiye, sees 29% inflation by end-2026

Turkish economy

3 min read

Bank expects policy rate to ease only gradually as inflation pressures, geopolitical risks keep monetary policy tight

ING projects slow easing cycle for Türkiye, sees 29% inflation by end-2026 Image

Türkiye, Saudi Arabia discuss Hejaz rail link, fiber optic corridor

Hejaz Railway

4 min read

Ankara and Riyadh advance talks on rail, logistics and digital connectivity while signing new cooperation agreements

Türkiye, Saudi Arabia discuss Hejaz rail link, fiber optic corridor Image

Turkish Airlines expands Americas reach with Volaris ahead of World Cup Image

Business

Turkish Airlines expands Americas reach with Volaris ahead of World Cup

2 min read

Fitch trims Türkiye growth forecast to 2.8% as oil shock hits globally Image

Business

Fitch trims Türkiye growth forecast to 2.8% as oil shock hits globally

2 min read

Oil wavers, Asian stocks hit by profit-taking and weaker chip outlook Image

Business

Oil wavers, Asian stocks hit by profit-taking and weaker chip outlook

2 min read

Russia's state-backed messenger 'Max' removed from App Store Image

Business

Russia's state-backed messenger 'Max' removed from App Store

2 min read

Anthropic warns new AI models show signs of evading human control Image

Business

Anthropic warns new AI models show signs of evading human control

2 min read

Lower oil prices curb Türkiye’s May inflation to 1.7% before rate decision Image

Business

Lower oil prices curb Türkiye’s May inflation to 1.7% before rate decision

2 min read

Türkiye seeks larger Islamic finance role against global shocks: Finance Minister Image

Business

Türkiye seeks larger Islamic finance role against global shocks: Finance Minister

2 min read

Central bank reserves slide $9.3B, foreigners pull $850M over 2 weeks Image

Business

Central bank reserves slide $9.3B, foreigners pull $850M over 2 weeks

2 min read

Oil shortages may emerge within months, Russia's Novak warns Image

Business

Oil shortages may emerge within months, Russia's Novak warns

2 min read

Türkiye's foreign trade shrinks about 10% in May amid holidays Image

Business

Türkiye's foreign trade shrinks about 10% in May amid holidays

2 min read

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