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Financial

Demiralp: Inflation Outlook Blocking Turkey Rate Ease

Turkey's central bank said it would resume weekly repo auctions at its 37% policy rate. The decision is a step towards normalizing funding conditions as the central bank bets the worst of the Iran War's economic fallout has passed. Selva Demiralp, Professor of Economics at Koç University spoke to Bloomberg's Abeer Abu Omar on the move from the Central Bank & its impact on inflation in Turkey.

Read more: Demiralp: Inflation Outlook Blocking Turkey Rate Ease
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Financial

Australia's earnings season winners emerge

As Australia's earnings season peaks, the likes of BHP and Woodside Energy are among the winners emerging, as elevated commodity prices offset headwinds. And Bloomberg Intelligence says Australian banks are positioned for significant margin expansion and a structural return on equity uplift in fiscal 2027. Alphinity Investment Management Client Portfolio Manager and Investment Specialist Elfreda Jonker joins "Bloomberg: The Asia Trade" to discuss why Australian stocks are priced for perfection, but delivering for average.

Read more: Australia's earnings season winners emerge
Bloomberg
Financial

California AG Bonta on Mail Ballots, Paramount Talks and Meta Trial

California Attorney General Rob Bonta discusses why he canceled talks with Paramount over the company's merger with Warner Bros. Discovery. Speaking on "Balance of Power: Evening Edition," Bonta also comments on the US Supreme Court siding with President Donald Trump over his plan to use the Postal Service to impose new restrictions on the distribution of mail ballots and Meta Platforms being sued by a bipartisan coalition of states on allegations of deceiving the public.

Read more: California AG Bonta on Mail Ballots, Paramount Talks and Meta Trial

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