Turkey's central bank said on Friday it aims to increase the share of Turkish lira deposits to 50% in the banking system and to sustain the fall in the fx-protected deposit scheme in 2024.
Indian solar panel-maker
Waaree Energies filed for an initial public offering to raise 30
billion rupees ($361 million), its draft papers showed on
Friday.
Japanese government bond yields ticked higher on Friday in a subdued end to the most volatile year since the global financial crisis, but with yields set to end only marginally higher than where they started.
Activity in Russia's manufacturing sector expanded at its fastest pace in almost seven years in December, a business survey showed on Friday, though new export orders contracted for the second month running.
Oil prices are set to end 2023 about 10% lower, the first annual decline in two years, after geopolitical concerns, production cuts and global measures to rein in inflation triggered wild fluctuations in prices.
Chicago corn was on track for its biggest annual drop in a decade on Friday, while wheat lost a fifth of its value, as easing supply bottlenecks in the Black Sea region and higher production added pressure on prices.
Cocoa and iron ore prices surged in 2023, while natural gas and coal prices tumbled, with most agricultural products expected to outperform energy and industrial metals in the New Year amid supply constraints and dry weather.
The United Arab Emirates telecoms group e& said on Friday it had ended talks to raise its stake in Saudi Arabia's Etihad Etisalat (Mobily) to 50% and one share.
The Indian rupee was little changed on Friday, and is on course for its smallest annual percentage change in 20 years, on the back of sustained foreign exchange interventions from the Reserve Bank of India.
Nicaraguan police detained on Thursday two senior Catholic priests who are close to the country's top church leader, a person with knowledge of the matter said, raising to at least six the number of clergymen detained this week.
Apple Inc., the largest stock in the world, continues to lead the pack with its famous cutting-edge products. Despite the company’s continued success, some recent statistics reveal a possible obstacle to Apple’s continued growth. With revenue down 3% compared to last
Malaysian palm oil futures declined on Friday as gains in the ringgit and expectations of lower demand weighed on sentiment, with the benchmark contract set to post a second consecutive annual loss.
An Indonesian navy vessel in Aceh drove away a boat carrying Rohingya from Myanmar, a military spokesperson said, as growing numbers of would-be refugees from the strife-torn country face hostility from locals.
Year-end holidaymakers across China were bracing for possible transport disruptions after the weather bureau on Friday warned that heavy fog and haze would shroud areas from Hebei province in the north to southern Shanghai for more than 24 hours.
China and Hong Kong stocks are set for their best week in five months, but will end 2023 with yearly losses exceeding 10% as the world's worst-performing major equity markets.
Indonesia exported 12,962.36 metric tons of robusta coffee beans from the island of Sumatra, data from local trade office showed on Friday, down 77.5% from the same month last year.
Copper prices, often seen as an economic indicator, were set for a yearly gain thanks to low global stocks and solid demand from top consumer China, and as prospect of U.S. interest rate cuts brightened outlook for the metal.
Indian government bond yields trended lower as traders bade farewell to 2023 with some buying after a recent rise in yields made for attractive entry points, while valuation-triggered purchases at the end of the quarter also helped sentiment.
India's Nifty 50 and Sensex benchmarks were subdued on Friday, the last session of 2023, weighed down by a pullback in high-weightage financials, information technology (IT) and energy shares after their recent rally.