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Emerging markets

Saudi oil giant Aramco posts 25% fall in full-year profit

by Ron Morgan
Saudi oil giant Aramco posts 25% fall in full-year profit

Logo of Aramco, officially the Saudi Arabian Oil Group, Saudi petroleum and natural gas company, seen on the second day of the 24th World Petroleum Congress at the Big 4 …

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Turkish annual inflation soars to 67% in February

by Walter Watson
Turkish annual inflation soars to 67% in February

The Maslak financial and business center in the Sariyer district of Istanbul. Ayhan Altun | Moment | Getty Images Turkish annual consumer price inflation soared to 67.07% in February, the …

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low turnout and boycott expected

by Vera Ward
low turnout and boycott expected

Iranian women cast their ballots at a polling station during elections to select members of parliament and a key clerical body, in Tehran on March 1, 2024. ATTA KENARE | …

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Turkey ends hiking cycle after 8 months, holding key rate at 45%

by Walter Watson
Turkey ends hiking cycle after 8 months, holding key rate at 45%

Turkish flag over a DenizBank building. Turkey is expected to head to the polls on Sunday. Ismail Ferdous | Bloomberg | Getty Images Turkey’s central bank held its key interest …

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Turkey is back in from the cold with NATO and F-16 moves

by Vera Ward
Turkey is back in from the cold with NATO and F-16 moves

President of Turkey Recep Erdogan addresses journalists during the final national press conference during the high level NATO summit in Litexpo Conference Centre in Vilnius, Lithuania on July 12, 2023. …

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Israel’s GDP contracts nearly 20% in fourth quarter amid Gaza war

by Walter Watson
Israel’s GDP contracts nearly 20% in fourth quarter amid Gaza war

An Israeli national flag above produce for sale at Carmel Market in Tel Aviv, Israel, on Nov. 7, 2023. Bloomberg | Bloomberg | Getty Images Israel’s gross domestic product shrank …

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China’s biggest problem is lack of confidence: Standard Chartered CEO

by Walter Watson
China’s biggest problem is lack of confidence: Standard Chartered CEO

DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows over its ongoing property crisis, a top banking CEO said …

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Turkey’s new central bank governor seen as a ‘credible choice’

by Walter Watson
Turkey’s new central bank governor seen as a ‘credible choice’

Newly appointed Governor of Turkish Central Bank, Fatih Karahan is seen in Ankara, Turkey on February 04, 2024.  Emin Sansar | Anadolu | Getty Images Turkey’s newly appointed central bank …

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Turkey inflation sees biggest monthly jump since August

by Ron Morgan
Turkey inflation sees biggest monthly jump since August

President of Turkey Recep Erdogan addresses journalists during the final national press conference during the high level NATO summit in Litexpo Conference Centre in Vilnius, Lithuania on July 12, 2023. …

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How ‘quiet luxury’ is subtly taking over investor portfolios

by Walter Watson
How ‘quiet luxury’ is subtly taking over investor portfolios

VIENNA, AUSTRIA – NOVEMBER 25, 2022: Karin Teigl is seen wearing Hermès yellow leather mini Kelly, Baum & Pferdgarten green leather jacket, Lumina beige cropped turtleneck sweater and vintage checked …

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