Turkish lira hits fresh record low against the U.S. dollar
Vanishing Turkish Currency: 1 Turkish Lira with the Portrait of Kemal AtatürkTurkish Manuel Augusto Moreno | Moment | Getty Images The Turkish lira hit a fresh record low against the…
India overtakes Hong Kong to become world’s seventh largest stock market
Pedestrians walk towards the Chhatrapati Shivaji Terminus train station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023. Bloomberg | Bloomberg | Getty Images India’s stock market value has…
Turkey’s central bank hikes interest rate by 500 basis points to 40%
Turkey’s Taksim Square, with the figure of Kemal Ataturk, the first president, and the Turkish flag in the background. Sopa Images | Lightrocket | Getty Images Turkey’s central bank on…
Thailand’s economy is slowing, and it could mean trouble
Residents rest in front of a fan in Bangkok, April 25, 2023. Andre Malerba | Bloomberg | Getty Images Thailand’s economy grew at its slowest pace in almost a year…
These ETFs can help after oil, the dollar surged
The stock market rally was derailed in the third quarter in part due to movements of other asset classes, and the end of September could be a good time for…
Western sanctions on Russia could push BRICS alliance closer: APPEC
A general view of flags of (From L to R) South Africa, Brazil, Russia, India and China during the 2023 BRICS Summit at the Sandton Convention Centre in Johannesburg on…
India oil minister Hardeep Singh Puri
Oil trades have sometimes been settled in the Chinese yuan, Russian ruble or Indian rupee, but the idea of “de-dollarization” — or moving away from the U.S. dollar to settle…
Singapore among world’s first to agree stablecoin crypto regulation
Stablecoin Tether and Circle’s USDC dominate the market. Justin Tallis | Afp | Getty Images Singapore’s financial regulator on Tuesday said it had finalized rules for a type of digital…
PayPal launches first dollar-backed stablecoin from a major U.S. financial institution
A sign is posted in front of PayPal headquarters on February 02, 2023 in San Jose, California. Justin Sullivan | Getty Images PayPal on Monday launched a U.S. dollar-backed stablecoin…
These stocks win when the U.S. dollar falls, as it’s doing in July
A group of stocks including Advanced Micro Devices are set to benefit now that the dollar is weakening, according to a stock screen from CNBC Pro. A weaker dollar means…