Commodity currency carry trades see best returns in yearsThe currency market's carry trade strategy is seeing its best returns in three years. Rising oil prices, triggered by the Iran war, are boo...
18 Mar, 2026, 06.15 AM IST
Turkey says it's engaging with all sides to end Iran war, resume diplomacyTurkey is actively working to end the war in Iran and restart negotiations. Foreign Minister Hakan Fidan confirmed talks with Oman and othe...
03 Mar, 2026, 04.59 PM IST
Morgan Stanley, BofA see more in best carry rally since 2009Investors are finding success by selling dollars and buying emerging-market currencies. This strategy is off to a strong start in 2026. Exp...
27 Jan, 2026, 06.06 AM IST
The 11 big trades of 2025: Bubbles, cockroaches and a 367% jump2025 saw wild swings in global markets, from record-breaking gold and meme-like Fannie-Freddie gains to geopolitical-driven defense rallies...
31 Dec, 2025, 11.16 AM IST
Turkey blocks Israeli ships, closes airspace for Israeli planes amid growing riftTurkey has taken a firm stance against Israel. It has closed its airspace to Israeli planes. Maritime traffic to Israel is also banned. Thi...
29 Aug, 2025, 10.14 PM IST
Turkey bars Israeli ships and flights from its territoryTurkey's top diplomat announced the closure of ports and airspace to Israeli ships and planes. This action follows strained relations due t...
29 Aug, 2025, 09.16 PM IST
Carry trades take off again as EM currencies rallyEmerging market carry trades gain momentum. Currency volatility decreases amid signs of easing US tariffs. An index of carry returns reache...
02 Jun, 2025, 05.29 AM IST
'Why do Indians travel to Europe via Pakistan-friendly Istanbul?' Calls grow to suspend flights, rethink ties with TurkeyAmidst growing concerns over Turkey's backing of Pakistan, voices in India are advocating for a strong response. Suggestions include suspen...
01 May, 2025, 09.56 AM IST
US Journalist Evan Gershkovich, ex-Marine released by Russia. This country facilitated largest prisoner-swap deal since Cold WarWall Street Journal reporter Evan Gershkovich, former US Marine Paul Whelan were released by Russia in the largest prisoner swap in post-So...
01 Aug, 2024, 10.28 PM IST
Turkish President Erdogan visits Gulf Arab states, seeking funds for ailing economyTurkish President, Recep Tayyip Erdogan, began a three-stop tour of Persian Gulf states in Saudi Arabia in a bid to seek trade and investme...
18 Jul, 2023, 02.08 PM IST
Joe Biden to recognise atrocities against Armenians as genocideFriday's call between the two leaders was their first since Biden took office more than three months ago. The delay had become a worrying s...
24 Apr, 2021, 11.02 AM IST
Saudi retail chains join growing informal boycott of Turkish productsTurkey and Saudi Arabia have been at loggerheads since the 2011 "Arab Spring" over Ankara's support for Islamist political groups. The 2018...
19 Oct, 2020, 10.36 PM IST
How Modi government is using aggressive diplomacy to its advantageModi govt is raising the costs for those nations whose leaders spoke against revocation of Article 370.
27 Oct, 2019, 09.55 AM IST
India cuts defence exports to Turkey over Pakistan nexusLicence to sensitive items are being withheld amid security threats. India had started engaging meaningfully with traditional Pakistan ally...
24 Oct, 2019, 10.11 AM IST
EM carry trade returns set for best month since JanuaryAsian currencies could react negatively if US talks with China were to break down
23 Nov, 2018, 09.57 AM IST
Lira crisis hits this Indian firm real hard; analysts see an opportunityTurkish operations contribute 7.5 per cent to Redington India’s FY18 revenues.
16 Aug, 2018, 12.49 PM IST
Risk from dollar's drop may not be what you thoughtAccording to Bank of America Corp's flow data, buying emerging-market currencies made up the biggest long position as of last week.
29 Mar, 2017, 10.04 AM IST