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slump

Bitcoin falls below $9,000 in latest slump

7 months, 7 days ago
WASHINGTON: Bitcoin fell below $9,000 Friday afternoon to a daily low of $8,587, according to CoinDesk's Bitcoin Price Index. The latest fall is said to triggered by regulation fears. On Thursday, the US Securities and Exchange…

Turkey tourism income slumps after attacks, coup

1 year, 8 months ago
ANKARA: Turkey tourism revenues fell almost 30 percent in 2016, the country's statistics office said Tuesday, after visitors stayed away following multiple terror attacks and a failed coup. In 2016 income from tourism fell by 29.7…

World stocks resume slump as oil hits new low

2 years, 8 months ago
LONDON: Global stocks suffered another rout Wednesday as oil prices slid to fresh 12-year lows under $28, heaping further pressure on financial markets from London and Paris to Russia and Shanghai. 

When will the oil slump end?

2 years, 9 months ago
NEW YORK: As oil traders have learned time and again, picking a bottom in today's glutted global market can be a fool's game: just when prices start to rebound, as they have three times this year, a wave of renewed bearishness smacks them…