Keywords: Financial markets


Erdoğan moves to contain Turkey’s investment fund crisis as authorities probe market allegations

Turkish President Recep Tayyip Erdoğan is stepping up efforts to contain the fallout from a widening investment fund crisis that has unsettled financial markets and prompted an investigation into suspected market manipulation and irregularities. Erdoğan said after a cabinet meeting on Monday that......

Gold prices fall 2.7% as investors reassess US interest-rate outlook

Gold prices fell sharply on Monday, extending recent pressure on the precious metals market as higher oil prices and expectations of further monetary tightening in the United States weighed on investor sentiment. Spot gold declined 2.7% to $4,171.85 per ounce, while US gold futures also lost 2.7%, settling......

Anthropic and OpenAI: Stock Market Ambitions Amidst AI Security Challenges

After shaking up the tech industry, Anthropic and OpenAI may soon take a new step by turning towards the financial markets. The creator of Claude is still viewed as a potential candidate for a short-term IPO, while OpenAI now aims for 2027. However, these prospects come in a more complex context for......

AI investment helps support global economic resilience despite energy shock

Strong investment in artificial intelligence is helping sustain global economic activity as countries face renewed pressure from higher energy prices and geopolitical uncertainty, according to the OECD’s latest Interim Economic Outlook. The organisation said the global economy has absorbed the......

Global bond yields ease as energy concerns and geopolitical tensions recede

Government bond yields across major markets moved lower on Tuesday as easing energy prices and renewed hopes for diplomatic progress in the Middle East reduced some of the inflation concerns that had weighed on fixed-income markets in recent weeks. The move followed a period of sharp increases in sovereign......

Goldman Sachs highlights German stocks’ resilience amid political risks

German equities may prove relatively resilient to domestic political uncertainty, partly because many of the companies listed on the DAX derive a substantial share of their revenues from international markets. According to Sharon Bell, European equity strategist at Goldman Sachs, Germany’s political......

Bitcoin climbs above $85,000 to reach its highest level since January

Bitcoin rose above the $85,000 mark on Monday, reaching its highest level since late January as the cryptocurrency market recorded broad gains. The move highlighted renewed buying activity in major digital assets after a period of heightened price volatility. Bitcoin gained 5.08% during the session......

South Korea moves closer to round-the-clock won settlement for global investors

South Korea is taking another step toward opening its currency market to international investors by testing a new settlement system designed to allow transactions in the Korean won around the clock. The initiative, led by the Bank of Korea, is part of a broader effort to modernize the country’s......

Bank of Japan raises interest rate to 1.25%, highest level since 1995

The Bank of Japan has raised its benchmark interest rate by 25 basis points to 1.25%, marking its highest level since 1995 as policymakers seek to contain persistent inflationary pressures. The decision, announced on September 18 after a two-day monetary policy meeting, was approved by a 7-2 majority. The......