Turkey could attract $45 billion to $50 billion in inflows within 12 months after May elections, Citi economists estimate, assuming monetary policy normalization and improvement in the macroeconomic outlook.
Thousands of UK households have a decision to make ahead of a bumper remortgaging deadline — lock in a pricier fixed-rate deal or bet on a Bank of England rate cut.
Lai Ching-te’s mother was bitterly disappointed when the Harvard-educated doctor told her in the 1990s that he was giving up his medical career to enter politics.
Bitcoin’s stellar 2023 rally may have room to run if flows between cryptocurrency exchanges and personal digital wallets are any guide, according to strategists at Bank of America Corp.
Deutsche Bank AG is reviving a push to cut reliance on its IT center in Russia as it seeks to further pull out of the country after Moscow’s invasion of Ukraine last year.
Russia is resorting to a number of murky practices to sell a lesser-known oil product to buyers wary of breaching sanctions, and to beat a financial cap set by the European Union and its allies.
The Philippines is preparing for the first storm to pass the archipelago this year, with some areas evacuating residents as thousands were stranded.
Newcrest Mining Ltd.’s Telfer gold mine is expected to get a deluge of heavy rain later this week after the biggest cyclone to hit the Western Australian coast in almost a decade makes landfall.
Norway’s economy contracted for the first time in seven months, led by weaker construction and services linked to fossil fuel extraction, adding evidence of fallout from higher prices and credit costs.
Poland’s central bank should raise interest rates to show it wants to get inflation under control and rebuff the growing perception that it lacks the resolve to do so quickly, policymaker Ludwik Kotecki said.
