July 23, 2024

Digesting Biden exit, markets focus on earnings, data

Washington, World markets steadied on Tuesday as investors looked beyond Joe Biden’s exit from the U.S. presidential race, turning their focus to corporate earnings and economic data.

Biden’s exit from the race has cast some doubt on a Republican vic…

Turkish Central Bank Keeps Interest Rate at 50 Percent

The Turkish Central Bank on Tuesday kept the interest rate fixed at 50 percent on repurchase operations (repo) for a week.

The Monetary Policy Committee of the Turkish Central Bank said in a statement that it decided to keep the interest rate constan…

China’s Fiscal Revenue Down 2.8% in H1 2024

China’s fiscal revenue fell 2.8 percent year on year to 11.59 trillion yuan (about 1.62 trillion USD) in the first half of 2024 (H1), according to data released by the Ministry of Finance.

However, after accounting for the impacts of a higher base du…