People shop at a fruit market in Ankara, Turkey. Agence France-Presse
Slowing Turkish inflation has helped make the country’s lira-denominated government bonds “cheap” for the first time this year, Deutsche Bank’s analysts said, adding that their models pointed to potentially stellar gains ahead. Data on Friday showed Turkey’s headline inflation rate
South Korea’s consumer inflation faltered to its slowest on record in August while second quarter economic growth was revised down on weaker exports, firming up the case for central bank rate cuts as early as next month.
US consumer prices rose solidly in August, with the cost of used cars and trucks accelerating by the most in more than 51 years likely as Americans shunned public transportation because of fears of contracting COVID-19.
Japan’s annual core consumer inflation ticked up only marginally in October despite the boost from a sales tax hike during the month, suggesting weak household sentiment is keeping companies from passing on the higher costs.
Expo 2020 Dubai has unveiled Hammour House, its one-of-a-kind community art project, at an exclusive preview attended by Sheikh Nahyan Bin Mubarak Al Nahyan,
Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), has affirmed the bank’s assessment of financial stability
Ranked seventh of the Top 10 MENA startup ecosystems by ‘Performance’, the emirate of Sharjah has been recognised by the 2021