Moody

Turkish unemployment jumps to highest rate in nearly a decade
Middle East

Turkish unemployment jumps to highest rate in nearly a decade

ANKARA (Reuters) – Turkey’s unemployment rate surged to 14.7 percent in the December-February period, its highest level in nearly a…
Moody’s raises Egypt credit rating to ‘positive’
Business

Moody’s raises Egypt credit rating to ‘positive’

Moody’s Investors Service has upgraded Egypt’s credit outlook rating from “stable” to “positive”, praising the government’s IMF-spurred economic reform. According…
Dollar holds above 6.5-month low, as Moody’s downgrades China
Economy

Dollar holds above 6.5-month low, as Moody’s downgrades China

The dollar on Wednesday held above 6.5-month lows hit in previous days, as comments from a senior Federal Reserve official…
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