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Türkiye's central bank expected to hike interest rate: media

STORY: Türkiye's central bank expected to hike interest rate: media DATELINE: July 20, 2023 LENGTH: 0:00:32 LOCATION: ISTANBUL, Türkiye CATEGORY: ECONOMY SHOTLIST: 1. various of Türkiye's central bank 2. various of Istanbul STORYLINE: Türkiye's central bank is likely to raise its main interest rate by 500 basis points to 20 percent, economists told the state-run Anadolu news agency on Wednesday. The bank's rate decision will be announced on Thursday at 2 p.m. local time (1100 GMT). Marek Drimal, an expert at Societe Generale's Emerging Markets Strategy research team, predicted that the central bank's rate decision would be compatible with its policy of gradual return to the economic orthodoxy. He forecast the bank would increase its rate to 20 percent from 15 percent, according to Anadolu. Last month, the bank, led by its new governor Hafize Gaye Erkan, raised the interest rate from 8.5 percent to 15 percent, the first such hike in more than two years. The rate hike marks a return to more orthodox mon

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Tokyo stocks up sharply on Wall Street gains

A roadside financial data screen in Tokyo on May 18, 2023, shows the 225-issue Nikkei Stock Average briefly rising more than 500 points in the morning, propelled by Wall Street gains overnight amid hope debt ceiling negotiations in the United States will prevent a default.

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Nikkei surges on Wall St. rally, weaker yen

TOKYO, March 1 Kyodo - An electric board in Tokyo shows the Nikkei Stock Average gaining more than 500 points, or 3 percent, on March 2, 2016, as U.S. stocks rallied overnight and a weaker yen lifted shares of Japanese exporters.

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Tokyo stocks plunge in early trading on China fears, strong yen

TOKYO, July 9 Kyodo - An electronic board in Tokyo shows the Nikkei stock index plunging more than 500 points in the morning of July 9, 2015, as risk sentiment remained bowed by pessimism over China's economy and as the yen held firm against the U.S. dollar. The Nikkei lost as many as 622 points, or 3.1 percent, earlier.

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Nikkei ends above 14,000

TOKYO, Japan - An electronic signboard in central Tokyo's Yaesu district shows Japan's key Nikkei Stock Average above 14,000, up more than 500 points from May 2, the preceding business day, on the afternoon of May 7, 2013. The index finished at 14,180.24, its highest close since June 18, 2008, as sentiment was buoyed following robust U.S. jobs data for April and the yen's weak tone against the U.S. dollar.

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Dow tumbles more than 500 points

TOKYO, Japan - A signboard in the Yaesu district of central Tokyo shows the 30-issue Dow Jones Industrial Average's fall by 512.76 points to 11,383.68 on Aug. 5, 2011.

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Nikkei nosedives more than 500 points on plunges in global stocks

TOKYO, Japan - The bulletin board of a brokerage in Tokyo shows the Nikkei index plunged 590.89 points as Tokyo stocks nosedived on Feb. 28 in tandem with a general fall in world stocks following a sell-off in the Shanghai stock market the previous day. The 225-issue Nikkei Stock Average shed more than 700 points at one point, more than the loss registered immediately after the Sept. 11, 2001 attacks on the United States, and closed 515.80 points, or 2.85 percent, lower at 17,604.12.

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Dow soars 3.7 pct as Wall Street scores best day since 2020

STORY: Dow soars 3.7 pct as Wall Street scores best day since 2020 DATELINE: Nov. 11, 2022 LENGTH: 00:02:41 LOCATION: NEW YORK, U.S. CATEGORY: ECONOMY SHOTLIST: 1. various of the exterior of New York Stock Exchange in Wall Street 2. various of the trading floor of New York Stock Exchange 3. various of the exterior of Nasdaq MarketSite at Times Square 4. various of the exterior of the U.S. Federal Reserve 5. various of U.S. Federal Reserve Chairman Jerome Powell announcing the rate decision 6. various of local residents shopping in a supermarket in New York STORYLINE: Wall Street notched its biggest daily advance in more than two years on Thursday, as a softer-than-expected October U.S. consumer price index (CPI) report raised hopes for a less hawkish Federal Reserve. The Dow Jones Industrial Average popped 1,201.43 points, or 3.70 percent, to 33,715.37. The S&P 500 increased 207.80 points, or 5.54 percent, to 3,956.37. The Nasdaq Composite Index spiked 760.98 points, or 7.35 percent, to 11,114.15. All th

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U.S.-NEW YORK-STOCK MARKET-FALL

(220914) -- NEW YORK, Sept. 14, 2022 (Xinhua) -- A monitor displays stock market information at the New York Stock Exchange (NYSE) in New York, the United States, Sept. 13, 2022. Wall Street's three major averages plummeted on Tuesday as a hotter-than-expected U.S. inflation report stoked fears that the Federal Reserve is likely to deliver more outsized rate hikes. The Dow Jones Industrial Average tumbled 1,276.37 points, or 3.94 percent, to 31,104.97. The S&P 500 dropped 177.72 points, or 4.32 percent, to 3,932.69. The Nasdaq Composite Index shed 632.84 points, or 5.16 percent, to 11,633.57. (Photo by Michael Nagle/Xinhua)

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U.S.-NEW YORK-STOCK MARKET-FALL

(220914) -- NEW YORK, Sept. 14, 2022 (Xinhua) -- A trader works at the New York Stock Exchange (NYSE) in New York, the United States, Sept. 13, 2022. Wall Street's three major averages plummeted on Tuesday as a hotter-than-expected U.S. inflation report stoked fears that the Federal Reserve is likely to deliver more outsized rate hikes. The Dow Jones Industrial Average tumbled 1,276.37 points, or 3.94 percent, to 31,104.97. The S&P 500 dropped 177.72 points, or 4.32 percent, to 3,932.69. The Nasdaq Composite Index shed 632.84 points, or 5.16 percent, to 11,633.57. (Photo by Michael Nagle/Xinhua)

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U.S.-NEW YORK-STOCK MARKET-FALL

(220914) -- NEW YORK, Sept. 14, 2022 (Xinhua) -- A trader works at the New York Stock Exchange (NYSE) in New York, the United States, Sept. 13, 2022. Wall Street's three major averages plummeted on Tuesday as a hotter-than-expected U.S. inflation report stoked fears that the Federal Reserve is likely to deliver more outsized rate hikes. The Dow Jones Industrial Average tumbled 1,276.37 points, or 3.94 percent, to 31,104.97. The S&P 500 dropped 177.72 points, or 4.32 percent, to 3,932.69. The Nasdaq Composite Index shed 632.84 points, or 5.16 percent, to 11,633.57. (Photo by Michael Nagle/Xinhua)

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U.S.-NEW YORK-STOCK MARKET-FALL

(220914) -- NEW YORK, Sept. 14, 2022 (Xinhua) -- A trader works at the New York Stock Exchange (NYSE) in New York, the United States, Sept. 13, 2022. Wall Street's three major averages plummeted on Tuesday as a hotter-than-expected U.S. inflation report stoked fears that the Federal Reserve is likely to deliver more outsized rate hikes. The Dow Jones Industrial Average tumbled 1,276.37 points, or 3.94 percent, to 31,104.97. The S&P 500 dropped 177.72 points, or 4.32 percent, to 3,932.69. The Nasdaq Composite Index shed 632.84 points, or 5.16 percent, to 11,633.57. (Photo by Michael Nagle/Xinhua)

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Tokyo stocks drop on Europe rate hike fears

A financial data screen in Tokyo shows the 225-issue Nikkei Stock Average tumbling more than 500 points, or about 2 percent, on June 17, 2022, following sell-offs in international markets overnight on fears over the adverse impact of monetary tightening by European central banks.

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U.S.-NEW YORK-STOCK MARKET-UKRAINE TENSIONS

(220224) -- NEW YORK, Feb. 24, 2022 (Xinhua) -- A trader works at the New York Stock Exchange in New York, the United States, Feb. 24, 2022. U.S. stocks finished higher on Thursday, reversing the massive losses earlier in the session, as investors assessed the geopolitical tensions over Ukraine. The Dow Jones Industrial Average rose 92.07 points, or 0.28 percent, to 33,223.83. The S&P 500 climbed 63.20 points, or 1.50 percent, to 4,288.70. The Nasdaq Composite Index increased 436.09 points, or 3.34 percent, to 13,473.58. Earlier in the day, all the three major indexes fell sharply with the Dow dropping more than 800 points at the lows. (Courtney Crow/NYSE/handout via Xinhua)

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U.S.-NEW YORK-STOCK MARKET-UKRAINE TENSIONS

(220224) -- NEW YORK, Feb. 24, 2022 (Xinhua) -- Traders work at the New York Stock Exchange in New York, the United States, Feb. 24, 2022. U.S. stocks finished higher on Thursday, reversing the massive losses earlier in the session, as investors assessed the geopolitical tensions over Ukraine. The Dow Jones Industrial Average rose 92.07 points, or 0.28 percent, to 33,223.83. The S&P 500 climbed 63.20 points, or 1.50 percent, to 4,288.70. The Nasdaq Composite Index increased 436.09 points, or 3.34 percent, to 13,473.58. Earlier in the day, all the three major indexes fell sharply with the Dow dropping more than 800 points at the lows. (Courtney Crow/NYSE/handout via Xinhua)

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U.S.-NEW YORK-STOCK MARKET-UKRAINE TENSIONS

(220224) -- NEW YORK, Feb. 24, 2022 (Xinhua) -- Traders work at the New York Stock Exchange in New York, the United States, Feb. 24, 2022. U.S. stocks finished higher on Thursday, reversing the massive losses earlier in the session, as investors assessed the geopolitical tensions over Ukraine. The Dow Jones Industrial Average rose 92.07 points, or 0.28 percent, to 33,223.83. The S&P 500 climbed 63.20 points, or 1.50 percent, to 4,288.70. The Nasdaq Composite Index increased 436.09 points, or 3.34 percent, to 13,473.58. Earlier in the day, all the three major indexes fell sharply with the Dow dropping more than 800 points at the lows. (Courtney Crow/NYSE/handout via Xinhua)

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U.S.-NEW YORK-STOCK MARKET-UKRAINE TENSIONS

(220224) -- NEW YORK, Feb. 24, 2022 (Xinhua) -- Traders work at the New York Stock Exchange in New York, the United States, Feb. 24, 2022. U.S. stocks finished higher on Thursday, reversing the massive losses earlier in the session, as investors assessed the geopolitical tensions over Ukraine. The Dow Jones Industrial Average rose 92.07 points, or 0.28 percent, to 33,223.83. The S&P 500 climbed 63.20 points, or 1.50 percent, to 4,288.70. The Nasdaq Composite Index increased 436.09 points, or 3.34 percent, to 13,473.58. Earlier in the day, all the three major indexes fell sharply with the Dow dropping more than 800 points at the lows. (Courtney Crow/NYSE/handout via Xinhua)

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U.S.-NEW YORK-STOCK MARKET-UKRAINE TENSIONS

(220224) -- NEW YORK, Feb. 24, 2022 (Xinhua) -- Traders work at the New York Stock Exchange in New York, the United States, Feb. 24, 2022. U.S. stocks finished higher on Thursday, reversing the massive losses earlier in the session, as investors assessed the geopolitical tensions over Ukraine. The Dow Jones Industrial Average rose 92.07 points, or 0.28 percent, to 33,223.83. The S&P 500 climbed 63.20 points, or 1.50 percent, to 4,288.70. The Nasdaq Composite Index increased 436.09 points, or 3.34 percent, to 13,473.58. Earlier in the day, all the three major indexes fell sharply with the Dow dropping more than 800 points at the lows. (Courtney Crow/NYSE/handout via Xinhua)

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U.S.-NEW YORK-STOCK MARKET-UKRAINE TENSIONS

(220224) -- NEW YORK, Feb. 24, 2022 (Xinhua) -- Traders work at the New York Stock Exchange in New York, the United States, Feb. 24, 2022. U.S. stocks finished higher on Thursday, reversing the massive losses earlier in the session, as investors assessed the geopolitical tensions over Ukraine. The Dow Jones Industrial Average rose 92.07 points, or 0.28 percent, to 33,223.83. The S&P 500 climbed 63.20 points, or 1.50 percent, to 4,288.70. The Nasdaq Composite Index increased 436.09 points, or 3.34 percent, to 13,473.58. Earlier in the day, all the three major indexes fell sharply with the Dow dropping more than 800 points at the lows. (Courtney Crow/NYSE/handout via Xinhua)

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U.S.-NEW YORK-STOCK MARKET-UKRAINE TENSIONS

(220224) -- NEW YORK, Feb. 24, 2022 (Xinhua) -- Traders work at the New York Stock Exchange in New York, the United States, Feb. 24, 2022. U.S. stocks finished higher on Thursday, reversing the massive losses earlier in the session, as investors assessed the geopolitical tensions over Ukraine. The Dow Jones Industrial Average rose 92.07 points, or 0.28 percent, to 33,223.83. The S&P 500 climbed 63.20 points, or 1.50 percent, to 4,288.70. The Nasdaq Composite Index increased 436.09 points, or 3.34 percent, to 13,473.58. Earlier in the day, all the three major indexes fell sharply with the Dow dropping more than 800 points at the lows. (Courtney Crow/NYSE/handout via Xinhua)

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U.S.-NEW YORK-STOCK MARKET-UKRAINE TENSIONS

(220224) -- NEW YORK, Feb. 24, 2022 (Xinhua) -- Traders work at the New York Stock Exchange in New York, the United States, Feb. 24, 2022. U.S. stocks finished higher on Thursday, reversing the massive losses earlier in the session, as investors assessed the geopolitical tensions over Ukraine. The Dow Jones Industrial Average rose 92.07 points, or 0.28 percent, to 33,223.83. The S&P 500 climbed 63.20 points, or 1.50 percent, to 4,288.70. The Nasdaq Composite Index increased 436.09 points, or 3.34 percent, to 13,473.58. Earlier in the day, all the three major indexes fell sharply with the Dow dropping more than 800 points at the lows. (Courtney Crow/NYSE/handout via Xinhua)

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U.S.-NEW YORK-STOCK MARKET-UKRAINE TENSIONS

(220224) -- NEW YORK, Feb. 24, 2022 (Xinhua) -- Traders work at the New York Stock Exchange in New York, the United States, Feb. 24, 2022. U.S. stocks finished higher on Thursday, reversing the massive losses earlier in the session, as investors assessed the geopolitical tensions over Ukraine. The Dow Jones Industrial Average rose 92.07 points, or 0.28 percent, to 33,223.83. The S&P 500 climbed 63.20 points, or 1.50 percent, to 4,288.70. The Nasdaq Composite Index increased 436.09 points, or 3.34 percent, to 13,473.58. Earlier in the day, all the three major indexes fell sharply with the Dow dropping more than 800 points at the lows. (Courtney Crow/NYSE/handout via Xinhua)

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U.S.-NEW YORK-STOCK MARKET-UKRAINE TENSIONS

(220224) -- NEW YORK, Feb. 24, 2022 (Xinhua) -- A trader works at the New York Stock Exchange in New York, the United States, Feb. 24, 2022. U.S. stocks finished higher on Thursday, reversing the massive losses earlier in the session, as investors assessed the geopolitical tensions over Ukraine. The Dow Jones Industrial Average rose 92.07 points, or 0.28 percent, to 33,223.83. The S&P 500 climbed 63.20 points, or 1.50 percent, to 4,288.70. The Nasdaq Composite Index increased 436.09 points, or 3.34 percent, to 13,473.58. Earlier in the day, all the three major indexes fell sharply with the Dow dropping more than 800 points at the lows. (Courtney Crow/NYSE/handout via Xinhua)

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Nikkei nosedives more than 500 points on plunges in global stock

TOKYO, Japan - The bulletin board of a brokerage in Tokyo shows the Nikkei index plunged 590.89 points as Tokyo stocks nosedived on Feb. 28 in tandem with a general fall in world stocks following a sell-off in the Shanghai stock market the previous day. The 225-issue Nikkei Stock Average shed more than 700 points at one point, more than the loss registered immediately after the Sept. 11, 2001 attacks on the United States, and closed 515.80 points, or 2.85 percent, lower at 17,604.12. (Kyodo)

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Tokyo stocks plunge amid "Brexit" worries

A financial data screen shows the Nikkei Stock Average losing more than 500 points, or about 3 percent, in Tokyo on June 13, 2016, amid persistent worries about the possibility of Britain voting to leave the European Union later in the month. (Kyodo) ==Kyodo

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Tokyo stocks slide over 3% after BOJ stands pat

A financial data screen in Tokyo shows the Nikkei Stock Average losing more than 500 points in intraday trading on April 28, 2016. The key index ended down 624.44 points, or 3.6 percent, after the Bank of Japan kept its monetary policy unchanged despite market expectations of additional easing to revitalize the economy. (Kyodo) ==Kyodo

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Nikkei temporarily loses more than 500 points

An electric board in Tokyo shows the benchmark Nikkei stock index losing more than 500 points on April 18, 2016, as sentiment was dented by concerns over the powerful earthquakes that have rattled southwestern Japan and failed negotiations in Doha on a production freeze by major oil producers. (Kyodo) ==Kyodo

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Tokyo stocks open sharply lower

An electronic board in Tokyo shows the key Nikkei stock index having fallen more than 500 points during the morning session on Feb. 3, 2016. The sharp decline followed an overnight drop by U.S. stocks on a further oil price fall. (Kyodo) ==Kyodo

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Tokyo stocks dive in morning

A monitor in Tokyo shows the Nikkei Stock Average falling more than 500 points to around 18,500 during the morning session on Jan. 4, 2016, the first trading day of the year, on selling attributed to a slide in Chinese manufacturing conditions in December and declines in New York stocks on New Year's Eve. (Kyodo) ==Kyodo

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Tokyo stocks dive in early trading as Greek default feared imminent

Electronic board in Tokyo shows the benchmark Nikkei stock index plunging more than 500 points temporarily on June 29, 2015, as a Greek debt default looked likely, smothering investor sentiment and sending the safe-haven yen soaring. (Kyodo) ==Kyodo

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Dow tumbles more than 500 points

TOKYO, Japan - A signboard in the Yaesu district of central Tokyo shows the 30-issue Dow Jones Industrial Average's fall by 512.76 points to 11,383.68 on Aug. 5, 2011. (Kyodo)

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Tokyo stocks climb on U.S. stimulus hopes

A financial data screen in Tokyo shows the 225-issue Nikkei Stock Average rising more than 500 points, or about 1.9 percent, on Jan. 7, 2021, as Democrats winning U.S. Senate runoff elections in the southern state of Georgia boosted U.S. stimulus hopes.

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Plunge in Tokyo stocks

A roadside financial data screen in Tokyo shows the Nikkei Stock Average plunging more than 500 points to close below 22,000 on June 29, 2020, amid growing concerns over coronavirus infections around the world. (Kyodo) ==Kyodo

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Plunge in Tokyo stocks

A roadside financial data screen in Tokyo shows the Nikkei Stock Average plunging more than 500 points to close below 22,000 on June 29, 2020, amid growing concerns over coronavirus infections around the world. (Kyodo) ==Kyodo

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Plunge in Tokyo stocks

A roadside financial data screen in Tokyo shows the Nikkei Stock Average plunging more than 500 points to close below 22,000 on June 29, 2020, amid growing concerns over coronavirus infections around the world. (Kyodo) ==Kyodo

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Plunge in Tokyo stocks

A roadside financial data screen in Tokyo shows the Nikkei Stock Average plunging more than 500 points to close below 22,000 on June 29, 2020, amid growing concerns over coronavirus infections around the world. (Kyodo) ==Kyodo

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Tokyo stock market tumbles

A financial data screen in Tokyo shows the Nikkei Stock Average falling more than 500 points on June 12, 2020, following a heavy sell-off on Wall Street overnight. (Kyodo) ==Kyodo

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Tokyo stocks jump after coronavirus state-of-emergency lifting

A financial data screen in Tokyo shows the 225-issue Nikkei Stock Average surging more than 500 points on May 26, 2020, a day after Japan completely lifted a state of emergency imposed to fight the new coronavirus. (Kyodo) ==Kyodo

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Nikkei, foreign exchange rate

A finance monitor shows the 225-issue Nikkei Stock Average plunging more than 500 points and the U.S. dollar falling to the lower 106 yen level on March 6, 2020, in Tokyo. (Kyodo) ==Kyodo

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Tokyo stocks surge

A stock price board in Tokyo shows the Nikkei index temporarily rising more than 500 points on Sept. 5, 2019, amid growing hopes for progress in the U.S.-China trade dispute. (Kyodo) ==Kyodo

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Tokyo markets react to possible Trump victory

A financial data screen in Tokyo shows the Nikkei Stock Average losing more than 500 points, or about 3 percent, at one point and the U.S. dollar tumbling to the mid-102 yen range on Nov. 9, 2016, amid growing speculation that Donald Trump may win the U.S. presidential election. (Kyodo) ==Kyodo