Sberbank of the Russian Federation, the country’s largest state-owned commercial bank, has assured customers that its operations are running smoothly and there has been no increase in demand for cash or foreign currency. In a statement issued on June 24, the bank stated that customer demand for currency exchange operations and cash withdrawals remains at … Read more
Turkish exports in May reached a total value of $21.659 billion, marking a significant increase of 14.4% compared to the same month last year, according to data from Reuters. The Turkish Statistics Authority released the figures on Friday, revealing that imports also saw a rise of 15.5% to reach $34.186 billion. However, despite the growth … Read more
of 2021, the company’s total liabilities had reached a staggering 100 billion yuan. This aggressive expansion has raised concerns among investors and analysts about the company’s financial stability and ability to repay its debts. The decline in profits and the uncertain market valuation of Dongfang Shenghong have further added to these concerns. The stock price … Read more
Japan and Ukraine held a “Japan-Ukraine Official-Private Roundtable Meeting” on June 22 to discuss potential cooperation between the two countries. The meeting took place alongside the “Ukraine Reconstruction Conference” in London, England, and saw the participation of around 120 individuals from both governments and industries. The main focus of the meeting was to explore ways … Read more
Gold Prices Fall as Federal Reserve Chairman’s Speech Impacts Market In the Egyptian market, the price of gold has reached a new level. According to the latest update, a gram of 21 karat gold is now priced at 2220 pounds, without any industrial addition. This comes as demand for gold remains calm in Egypt. The … Read more
Mixed Close for Major US Stock Indexes as Technology Stocks Rebound On Thursday, the three major U.S. stock indexes closed with mixed results. The Dow Jones Industrial Average fell 0.01%, the Nasdaq Composite rose 0.95%, and the S&P 500 gained 0.37%. Large technology stocks saw a rebound, with Tesla erasing an early decline of over … Read more
Global gold prices have continued to decline, reaching their lowest level in nearly three months, following statements made by the US Federal Reserve President before Congress regarding a potential increase in interest rates early this year. During Thursday’s trading, gold prices fell by 0.2% in spot transactions, reaching $1929.21 an ounce, while the dollar index … Read more
Global oil prices experienced a decline in trading on Thursday due to increasing concerns among investors about the demand for crude from China, the second largest economy in the world. This decline was triggered by the confirmation from Jerome Powell, the Chairman of the US Federal Reserve, regarding the possibility of raising interest rates again … Read more
China’s imports of Russian oil have reached an all-time high, according to data from the General Administration of Customs in China. In May 2023, China imported a total of 9.71 million metric tons of oil from Russia, representing a 15.3% increase compared to the previous year. This translates to an average of 2.29 million barrels … Read more
Japanese Prime Minister Fumio Kishida recently delivered a speech at his alma mater, Waseda University, where he discussed Sino-Japanese relations. Kishida emphasized the importance of non-governmental exchanges in improving these relations, stating that diplomacy extends beyond government-to-government interactions. He expressed his hope for active exchanges among the younger generation to foster stronger ties between Japan … Read more