Turkey’s central bank hikes interest rate to 30%
The move is a 500 basis point jump from the month prior, as Ankara continues to battle double-digit inflation.
Saudi crown prince says Israel diplomatic normalization closer every day
Prince Mohammed dismissed reports that the two countries had suspended talks.
India suspends visa services for Canadians, demands parity in diplomatic staffing as bilateral crisis deepens
Canada is currently investigating “credible allegations” that New Delhi orchestrated the extra-judicial slaying of Sikh separatist Hardeep Singh Nijjar in June.
Dow tumbles more than 300 points to notch third day of losses amid fears of higher rates, government shutdown
Stocks fell, deepening losses for the week, as yields climbed to multiyear highs amid the Fed’s plan to keep interest rates at higher levels for longer.
Sweden’s central bank raises rates to 4%, in line with expectations
Sweden’s central bank hiked interest rates for the eighth consecutive time Thursday, as the country continues to battle high inflation.
Shares of YG tumble over 13% after report three Blackpink members will not renew contracts
Members Jisoo, Jennie and Lisa will reportedly sign with other labels, while Rosé will renew her contract with YG.
Swiss National Bank holds rates unchanged, ending hike streak
The Swiss National Bank kept interest rates unchanged at its quarterly monetary policy meeting on Thursday.
Asia markets fall after Fed holds rates, but signals higher rates for longer
The U.S. Federal Reserve held rates steady, but indicated it still expects one more hike before the end of the year and fewer cuts than previously indicated next year.
One of Ukraine’s strongest allies says it will no longer supply Kyiv with weapons
A recent dispute over Ukraine’s agricultural exports has threatened to break the alliance with its neighbors.
Chinese EV maker Nio releases a smartphone it expects at least half of its users to buy
Chinese electric car brand Nio released an Android smartphone on Thursday. CEO William Li spoke with CNBC in an exclusive interview ahead of the launch.
