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Turkey's central bank on Thursday raised its key interest rate, the one-week repurchase rate, from 45% to 50%, citing the continuing need to counter climbing inflation in the country.
Gold prices still have room to rise after hitting all-time highs early this month, as several central banks continue to purchase bullion in record amounts.
Apple has reached a $490 million settlement to resolve a class-action lawsuit that alleged Chief Executive Tim Cook defrauded shareholders by concealing falling demand for iPhones in China.
US Secretary of State Antony Blinken arrived on Sunday in South Korea on the first stop of a brief Asia tour also including the Philippines, as Washington moves to reinforce ties with two key regional allies.
It is ten years since Russia illegally annexed Crimea on March 18, 2014. Subsequent efforts to firmly integrate the peninsula into the Russian Federation, however, have been far from the success story that the Kremlin often likes to portray.
Turkey's central bank is opting for a different monetary tightening method as it grapples with climbing inflation, after previously signaling that its rate-hiking cycle was over.
Muslims around the world are observing the holy month of Ramadan, with worship, charity, dawn-to-dusk fasting and nightly feasts.
BATAM, Indonesia (AP) — A Japanese man accused of helping to run a $90 million investment scam will be sent home after four years on the run, Indonesian authorities said Tuesday.