BANGKOK (Reuters) – Thailand’s unemployment rate hit a three-year low in the first quarter, the state planning agency said on Monday, declining to 1.05% from 1.15% in the last three …
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KYIV, (Reuters) – The battle for the small city of Bakhmut in Ukraine’s eastern Donbas region has become the longest and bloodiest of Russia’s full-scale invasion of Ukraine. Here is …
- Business News
Turkey’s net FX reserves hit 21-year low of $2.3 billion before vote
by Reutersby ReutersANKARA (Reuters) – The Turkish central bank’s net international reserves dropped some $4.45 billion to a 21-year low of $2.33 billion in the week to May 12, as forex demand …
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By Allison Lampert MONTREAL (Reuters) – A faceoff this week between WestJet Airlines and its pilots over pay could set the stage for aviators’ demands in future bargaining with Air …
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US regional bank shares rally after Western Alliance reports deposit growth
by Reutersby ReutersBy Niket Nishant and Chibuike Oguh (Reuters) -Shares of U.S. regional lenders jumped on Wednesday on growing investor confidence that the worst of the banking crisis was likely over, following …
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Turkey’s market rout deepens after Erdogan’s strong election showing
by Reutersby ReutersBy Libby George and Canan Sevgili LONDON (Reuters) -Turkey’s market rout deepened on Tuesday amid investor expectations that President Tayyip Erdogan could be able to extend his rule – and …
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Turkey’s stocks and dollar bonds tumble as Erdogan in pole position for runoff
by Reutersby ReutersBy Libby George and Karin Strohecker LONDON (Reuters) – Turkey’s sovereign dollar bonds and equities tumbled, and the cost of insuring exposure to the country’s debt spiked as Turkey’s presidential …
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By Huseyin Hayatsever, Orhan Coskun and Birsen Altayli ANKARA (Reuters) -President Tayyip Erdogan led comfortably on Monday after the first round of Turkey’s presidential election, with his rival facing an …
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Marketmind: Debt ceiling jitters, Turkey vote, Soros ditches Tesla
by Reutersby Reuters(Reuters) – A look at the day ahead in U.S. and global markets by Amanda Cooper. Time is running out to break the impasse on the U.S. government borrowing limit. …
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By Orhan Coskun, Ece Toksabay and Ali Kucukgocmen ANKARA (Reuters) -Turkey headed for a runoff vote after President Tayyip Erdogan led over his opposition rival Kemal Kilicdaroglu in Sunday’s election …
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In Turkey, an election reckoning for the rise and fall of Erdogan’s economy
by Reutersby ReutersBy Jonathan Spicer ISTANBUL (Reuters) -If Turks oust President Tayyip Erdogan in elections this month it will largely be because of an economic reversal that saw their prosperity, equality and …
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By Niket Nishant and Chibuike Oguh (Reuters) -Shares of PacWest Bancorp plunged 23% on Thursday after the Los-Angeles-based lender said its deposits declined and that it had posted more collateral …
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(Reuters) – Turkish President Tayyip Erdogan faces his toughest political challenge yet when the nation votes on Sunday, with the opposition sensing its best chance yet of ending his two …
- Business News
PacWest shares pare gains after dividend cut fails to stem market fears
by Reutersby ReutersBy Niket Nishant and Chibuike Oguh (Reuters) -PacWest Bancorp shares pared early gains on Monday, dragging down other U.S. regional banking stocks, as the Los Angeles-based lender’s decision to slash …
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A Key Trump-Era Policy’s End Will Be The ‘Demise’ Of The US’ Immigration Courts, Experts Say
A Key Trump-Era Policy’s End Will Be The ‘Demise’ Of The US’ Immigration Courts, Experts Say Jennie Taer and Jason Piccolo on May 7, 2023 Title 42, the Trump-era public …
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By Orhan Coskun and Birsen Altayli ANKARA (Reuters) – With his two-decade rule in the balance, Turkish President Tayyip Erdogan has pulled out all the stops on the campaign trail …
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Turkey’s Kilicdaroglu exits Erdogan’s shadow in election race
by Reutersby ReutersBy Daren Butler ISTANBUL (Reuters) – Stuck in Tayyip Erdogan’s shadow throughout his career, opposition leader Kemal Kilicdaroglu believes his time has come to set Turkey on a new path …
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LONDON (Reuters) – From the religious symbolism of his anointment to the moment the crown is placed on his head, what are the highlights to look out for during the …
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By Ece Toksabay and Huseyin Hayatsever ANKARA (Reuters) – Whoever wins Turkey’s elections this month, the NATO-member is expected to maintain cordial relations with Russia that have already endured several …
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By Medha Singh and Chibuike Oguh (Reuters) -Shares of PacWest Bancorp plunged on Thursday, dragging other regional lenders down after the Los Angeles-based bank’s plan to explore strategic options sparked …
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(Reuters) – A fuel depot was on fire early on Wednesday near a crucial bridge linking Russia’s mainland with Crimea, a Russian official said, days after Moscow blamed Ukraine for …
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PacWest, Western Alliance shares tumble as US regional bank fears persist
by Reutersby ReutersBy Niket Nishant and Chibuike Oguh (Reuters) -Shares of U.S. regional banks PacWest Bancorp and Western Alliance Bank plunged on Tuesday as the demise of First Republic Bank triggered investor …
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Carjacking at Gunpoint: Woman and Baby Victimized in Northwest D.C.
WASHINGTON, D.C. – A woman in Northwest D.C. was reportedly carjacked at gunpoint on Friday morning while putting her baby in the car. The woman was on the way to …
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By Lidia Kelly (Reuters) -Ukraine remains in control of a key supply route into Bakhmut, a military spokesperson said on Saturday, as the head of Russia’s mercenary Wagner Group threatened …
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Turkey’s Baykar plans production of new air combat drone next year
by Reutersby ReutersISTANBUL (Reuters) – Turkish defence firm Baykar aims to begin production of its new unmanned combat aerial vehicle (UCAV) next year which is already attracting international interest, its chairman Selcuk …