News

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14 Mar 2023

Sunak: There is no systematic risk in our banks, liquidity is strong

Daily News

UK Chancellor Rishi Sunak said there was “no systemic risk” to UK banks after the SVB collapse and liquidity was strong. UK Chancellor Rishi Sunak said there was ...

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14 Mar 2023

Asian stocks fall on SVB concerns

Daily News

Asia-Pacific markets fell in a choppy session on Tuesday after sharp losses on Wall Street overnight as investors grappled with failed U.S. banks including Silico...

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14 Mar 2023

Election calendar in the Official Gazette

Daily News

The election calendar prepared by the Supreme Electoral Council (YSK) for the Presidential Election and 28th Term General Election to be held on May 14, 2023 has ...

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14 Mar 2023

US: World needs Black Sea Grain Shipping Initiative

Daily News

US Department of State Spokesperson Ned Price stated that negotiations to extend the Black Sea Grain Shipment Initiative are at a critical point, and said that th...

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14 Mar 2023

Biden Plans to Meet with Chinese President Jinping

Daily News

US President Biden said he plans to meet with Chinese President Jinping US President Joe Biden announced that he plans to meet with Chinese President Xi Jinping. ...

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13 Mar 2023

Pfizer acquires cancer drug maker Seagen

Daily News

US drugmaker Pfizer announced that it has acquired Seagen for approximately $43 billion in a bid to expand its cancer treatment portfolio Pfizer Inc has acquired ...

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13 Mar 2023

SVB fluctuation in oil

Daily News

Oil had a volatile start to the week due to the impact of the collapse of SVB, the second-largest bank failure in US history, and Aramco’s forecast that daily con...

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13 Mar 2023

All eyes on ECB decision this week

Daily News

The European Central Bank is preparing to announce its interest rate decision amid increasing uncertainty in global financial markets. The bank is expected to con...

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13 Mar 2023

Bank crisis doping under

Daily News

Gold rose by 3 percent since Wednesday, reaching its highest level in a month, as the market turned to safer instruments following the bankruptcy of SVB, one of t...

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13 Mar 2023

HSBC to buy SVB UK

Daily News

According to Sky News, HSBC is buying the UK assets of Silicon Valley Bank (SVB), which was the biggest bank failure in the US in a decade. According to Sky News,...

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13 Mar 2023

Arcelor Mittal sells stake in Erdemir

Daily News

Arcelor Mittal announced that it has reduced its stake in Erdemir to below 5 percent with the share sale carried out in the company on March 8. Global steel compa...

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13 Mar 2023

NASA Crew-5, which produced food in space, returned to Earth

Daily News

NASA’s Crew-5, led by SpaceX, has completed its research at the International Space Station and returned to Earth. “This international team performed critical sci...

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13 Mar 2023

US moves to boost confidence in banking system

Daily News

US President Joe Biden stated that they will continue their efforts to strengthen the supervision and regulation of larger banks in order not to encounter situati...

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13 Mar 2023

Another bank goes bankrupt in the US

Daily News

Following Silicon Valley Bank (SVB), it was reported that a receiver was also appointed to New York-based Signature Bank. In a statement made by the New York Depa...

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10 Mar 2023

EU countries to reduce energy consumption

Daily News

The European Union (EU) institutions have agreed to reduce final energy consumption across the Union by 11.7 percent by 2030, compared to the 2020 consumption tar...

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10 Mar 2023

Unemployment drops to single digits in January after five months

Daily News

The number of unemployed people aged 15 and over decreased by 166 thousand people in January 2023 compared to the previous month, reaching 3 million 424 thousand ...

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10 Mar 2023

Customs duty on container housing imports reduced to zero

Daily News

The customs duty and additional customs duty (IGV) for the import of portable houses (containers) will be applied as zero until July 31. The Presidential Decree r...

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10 Mar 2023

Tesla gets a charging station license in Turkey

Daily News

The Energy Market Regulatory Authority (EPDK) granted Tesla a charging network operator license. Tesla became one of the 119 companies that have won the right to ...

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10 Mar 2023

New regulation on gold imports

Daily News

It has been made mandatory to declare gold and silver imported under the inward processing regime (DİR) to the customs administrations. It will be mandatory for r...

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10 Mar 2023

Ueda Kazuo to head Bank of Japan in new 5-year term

Daily News

In Japan, the parliament has approved the appointment of Ueda Kazuo as the new governor of the Central Bank (BoJ). The two-term term of current BOJ Governor Kurod...

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09 Mar 2023

Billionaires in the US debate tax

Daily News

US President Joe Biden is calling for a 25 percent minimum tax for billionaires in his budget proposal that he is preparing to submit to Congress. US President Jo...

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