Turkey opts for new tightening strategy after signaling pause to hikes
A picture taken on August 14, 2018 shows the logo of Turkey’s Central Bank at the entrance of its headquarters in Ankara, Turkey. ADEM ALTAN | AFP | Getty Images …
Currency markets
Asian currencies could be on ‘back foot’ despite U.S. rate cuts: JPMorgan
The U.S. dollar is expected to remain resilient despite possible Fed rate cuts this year. Jackal Pan | Moment | Getty Images Asian currencies could be on the “back foot” …
Nigeria battles to halt spiraling currency crisis and rising food insecurity
IBADAN, Nigeria – Feb. 19, 2024: Demonstrators hold placards during a protest against the hike in price and hard living conditions in Ibadan on February 19, 2024. Samuel Alabi | …
Binance to discontinue Nigerian currency services as legal squabble deepens
The Binance logo is displayed on a screen in San Anselmo, California, June 6, 2023. Justin Sullivan | Getty Images Binance on Tuesday announced that it will discontinue all Nigerian …
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 …
Disney’s Reliance merger is a streaming wars win
Disney+ Hotstar logo is seen on a smartphone and flag of India on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | …
China’s Country Garden gets liquidation petition from creditor
Aerial photo shows a Country Garden residential area in Nanjing, East China’s Jiangsu province, Feb 5, 2024. Future Publishing via Getty Images Future Publishing | Future Publishing | Getty Images …
South Korea unveils measures to boost stock markets, tackle ‘Korea discount’
A man leads a bull during a ceremony celebrating the New Year’s opening of the South Korea stock market at the Korea Exchange in Seoul on January 2, 2023. Jung …
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 …
Africa’s largest economy is battling a currency crisis and a crumbling economy
IBADAN, Nigeria – Feb. 19, 2024: Demonstrators are seen at a protest against the hike in price and hard living conditions in Ibadan on February 19, 2024. Samuel Alabi | …