Turkish Lira Drops To Record Low Against U.S. Dollar As Erdogan Wins Runoff Election

RTTNews | 674 days ago
Turkish Lira Drops To Record Low Against U.S. Dollar As Erdogan Wins Runoff Election

(RTTNews) - The Turkish lira dipped against the U.S. dollar on Monday, as Tayyip Erdogan won the country's presidential run-off election on Sunday.

Erdogan attained 52 percent of the vote in the second round of voting, whereas his opponent Kemal Kilicdaroglu got 47.86 percent.

The win gives him another five-year term, extending power until 2028.

The Turkish lira touched a record low of 20.07 against the greenback from yesterday's close of 19.87.

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Walker's Wine Juice Recalls Pumpkin Juice For Botulism Concern

Walker's Wine Juice Recalls Pumpkin Juice For Botulism Concern

Forestville, New York-based Walker's Wine Juice LLC is recalling its pumpkin juice citing the potential contamination with Botulism, a foodborne illness, according to the U.S. Food and Drug Administration. Botulism, a rare but potentially fatal disease, is caused by a toxin produced by the bacterium Clostridium botulinum.
RTTNews | 5h 59min ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, following the mixed cues from Wall Street overnight, as traders remain cautious as uncertainty prevails over the size and the scope of new reciprocal tariffs on imports to the US to be announced later in the day. Some traders also continue to pick up stocks at a bargain after heavy selling in the previous sessions.
RTTNews | 7h 48min ago
Australian Market Trims Early Gains In Mid-market

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Wednesday, but extends the gains in the previous session, with the benchmark S&P/ASX 200 staying well above the 7,900 level, following the mixed cues from Wall Street overnight, with gains in financial and some technology stocks partially offset by weakness in mining and energy stocks.
RTTNews | 8h 35min ago
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Wednesday after opening in the green, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling to near the 35,500 level, with weakness in exporters, automakers and financial stocks partially offset by gains in technology stocks.
RTTNews | 10h 3min ago