Mobius Sees Stocks as ‘Best Turkish Bet’ After Pivotal Elections
Veteran emerging-markets investor Mark Mobius says stocks are the most favorable Turkish asset to invest, whether President Recep Tayyip Erdogan loses the elections or not.
Veteran emerging-markets investor Mark Mobius says stocks are the most favorable Turkish asset to invest, whether President Recep Tayyip Erdogan loses the elections or not.
Oil headed for a fourth straight week of gains, supported by signs of a tightening global market as the International Energy Agency warned of higher prices.
China is set to send its defense minister to Russia for the first time since President Vladimir Putin ordered the invasion of Ukraine more than a year ago, the latest sign of close ties between Moscow and Beijing.
Finland’s National Bureau of Investigation asked a court to hold on remand three persons on suspicion they disclosed national secrets.
The Thai fund buying struggling crypto exchange Zipmex is seeking to impose a steep haircut on its creditors under a revised buyout proposal.
Sanctions on Russia appear to be working as intended, with oil exports in March the highest since Covid yet revenue down by nearly half from a year earlier, data from the International Energy Agency show.
The U.S. government is struggling to explain how a 21-year-old man in a junior post was in a position to allegedly leak a massive trove of classified US documents related to the Ukraine conflict.
China said it wants multilateral lenders to participate in the debt restructuring of poorer nations as part of a three-point plan put forward at talks with the World Bank and other creditors in Washington this week.
Investors should avoid US stocks as expectations of a recession have become universal, according to Bank of America Corp.’s Michael Hartnett.
Investors worried about the Bank of Japan’s threat to global markets have a chance to hear from those on the front lines in coming weeks.