August 10, 2020, 2:25

Erdogan Explains Lira’s Record Drop by Money Market Fluctuations

ANKARA (Sputnik) - Turkish President Recep Tayyip Erdogan explained the historic drop in the exchange rate of the national currency, lira, by fluctuations on the money market. The lira fell to 7.2775 against the dollar...

Gold Exodus: Hong Kong’s Wealthy Move Bullion Out of Financial Hub Over New Security...

China's new National Security Law imposed in Hong Kong and penalizing activities deemed by Beijing as secessionist and subversive has been slammed by Western countries as allegedly undermining the city’s unique status, which allowed...

Facebook’s Zuckerberg Becomes World’s Third Centibillionaire

According to the Bloomberg Billionaires Index, Facebook's CEO has joined Amazon's CEO, Jeff Bezos, and Microsoft’s founder Bill Gates, as the only people with centibillionaire status.Mark Zuckerberg’s fortune has topped $100bn for the first...

Asia-Pacific Stocks Trade Lower Ahead of July Economic Data Releases

On Wall Street, major stock indexes rose on Thursday evening after the Labour Department reported that jobless claims were at their lowest level since the start of the novel coronavirus pandemic.Asia-Pacific stocks mostly were...

Wall Street’s Nasdaq Hits Record High 11th Day in Row, Pierces 11,000 Points

NEW YORK (Sputnik) - Wall Street's tech stocks continued their bull run on Thursday, with the key Nasdaq index hitting record highs for a seventh day in a row and breaking above 11,000 points.The...
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