News

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06 Jan 2023

Asian stock markets rise

Daily News

Markets in Asia-Pacific traded higher as the Fed signaled more rate hikes ahead. The U.S. ADP special payrolls report said employers added 235,000 jobs in Decembe...

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05 Jan 2023

Asian stock markets rise

Daily News

Asia-Pacific stocks rose as investors ignored the U.S. Federal Reserve’s pledge for higher interest rates to combat inflation. Mainland China’s Shenzhen Composite...

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05 Jan 2023

Service sector activity declines in China

Daily News

In China, service sector activity contracted in December as rising COVID-19 cases hit demand. Although the services sector PMI prepared by Caixin/S&P Global rose ...

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05 Jan 2023

Amazon to make largest layoffs in history

Daily News

Amazon is planning to lay off more than 18,000 people, admitting it hired too quickly during the pandemic. Amazon said Wednesday that it would lay off more than 1...

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05 Jan 2023

BOJ expected to raise core inflation forecast

Daily News

The Bank of Japan is said to be revising upward its core inflation expectations, which exclude fresh food and energy prices, for 2022 and 2023 from its quarterly ...

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05 Jan 2023

Best year in automotive industry since 2017

Daily News

According to the Automotive Distributors and Mobility Association (ODMD) data, automobile and light commercial vehicle sales exceeded 783 thousand in 2022. Althou...

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04 Jan 2023

President Erdoğan: We increased the salary increase for civil servants and retirees to 30 percent

Daily News

President Recep Tayyip Erdoğan announced that they increased the raise for civil servants and retirees, which was announced as 25 percent on Tuesday, to 30 percen...

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04 Jan 2023

Price fixing campaign from Migros in January

Daily News

Migros will fix the prices of 419 Migros branded products including the most basic needs throughout January, while continuously discounting more than 3 thousand b...

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04 Jan 2023

Weather conditions are driving down gas prices

Daily News

Gas futures are falling sharply on lower fuel consumption and a weaker outlook, with warmer temperatures than expected across much of the world, especially in the...

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04 Jan 2023

Authorized to purchase 3 billion TL worth of shares from İşbank partnerships

Daily News

İş Bankası has authorized the purchase of shares, provided that the total amount to be paid is limited to 3 billion liras. İş Bankası announced that it has author...

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04 Jan 2023

TCMB: Decline in inflation in services group remained limited

Daily News

The Central Bank of the Republic of Turkey (CBRT) published its assessment of price developments for December. The report stated that the most significant contrib...

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04 Jan 2023

Records under the gram continue

Daily News

Gold continued its rise for the fourth day as speculations that the Fed will soften its hawkish stance increased and recession warnings provided safe haven suppor...

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04 Jan 2023

Increase in YHT tickets

Daily News

TCDD has increased the prices of high-speed train (YHT) tickets by approximately 15 percent. The price of a ticket between Istanbul and Ankara increased from 215 ...

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04 Jan 2023

Housing campaign for middle-income people

Daily News

Details are being announced for the middle-income housing campaign. Minister of Treasury and Finance Nureddin Nebati had stated on Bloomberg HT that the interest ...

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03 Jan 2023

Request for additional raise from Memur-Sen

Daily News

Reminding that the increase in the minimum wage is an important reflection of the will shown to protect those with a fixed income, Memur-Sen Chairman Ali Yalçın s...

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03 Jan 2023

Increase in Special Consumption Tax on Alcoholic Beverages and Cigarettes

Daily News

With the announcement of the inflation data by the Turkish Statistical Institute, the rate of the SCT increase on alcohol and cigarettes has also been determined....

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03 Jan 2023

UK to offer £900 cost of living support for low-income earners

Daily News

Millions of low-income households in England will receive up to 900 pounds ($1,084) in government support over the financial year, the Department for Work and Pen...

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03 Jan 2023

Nebati: We are closing inflation below the OVP

Daily News

Treasury and Finance Minister Nureddin Nebati said on social media, "We have entered a significant downward trend in inflation since November and we are closing 2...

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03 Jan 2023

The salary increase for civil servants and retirees has been announced

Daily News

With the announcement of the December inflation data by the Turkish Statistical Institute (TurkStat), the raise rate that civil servants, civil servant retirees, ...

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03 Jan 2023

New record under gram

Daily News

Gold rose on statements that the global economy will slow down in 2023. While spot gold is trading around $1,840, gram gold broke a record by reaching 1,109 TL. G...

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03 Jan 2023

UK corporate borrowing appetite at 14-year low

Daily News

UK companies’ appetite for borrowing and issuing bonds has fallen to a 14-year low. According to a quarterly survey of corporate chief financial officers conducte...

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