Turkish stocks plunge 5.54% as $1 billion fund run hits BIST 100
Turkey's BIST 100 index dropped 5.54% on September 16, closing at 13,122.58, after retail investors pulled roughly $1 billion from…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
Fed’s Warsh raises rates over Trump’s objections, reviving independence fight
Federal Reserve Chairman Kevin Warsh voted with a unanimous FOMC to raise interest rates by a quarter-point, defying weeks of…
Gulf central banks raise rates in lockstep with the Fed
Gulf central banks lifted key interest rates on Wednesday, matching a quarter-point increase from the U.S. Federal Reserve. Saudi Arabia,…
Treasury convenes global banks to advance Iran financial isolation push
The US Treasury's FinCEN convened global financial institutions this week to advance Operation Economic Outcast, the campaign isolating Iran financially….
House set to pass Russia sanctions bill named for Lindsey Graham
The U.S. House is set to pass a Russia sanctions bill on Wednesday, sending it to President Donald Trump's desk….
