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12 Jun 2024

Apple monopoly lawsuit spreads in the US

Daily News

The states of Indiana, Massachusetts, Nevada, and Washington have also joined the antitrust lawsuit filed by the US Department of Justice against Apple over its a...

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11 Jun 2024

Lagarde: Interest rates not on linear decline path

Daily News

European Central Bank President Christine Lagarde signaled that the June rate cut would not be quickly followed by new ones. European Central Bank President Chris...

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11 Jun 2024

BOJ expected to scale back bond purchases

Daily News

The Bank of Japan is expected to discuss tapering bond purchases at its policy meeting that ends on Friday. With the Bank of Japan expected to discuss tapering bo...

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Elon Musk's plan to ban Apple devices

Daily News

Elon Musk, the owner of companies such as Tesla, SpaceX, and X, stated that if it integrates its operating system with OpenAI, it will ban Apple devices in its co...

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11 Jun 2024

Biggest gain in oil since March

Daily News

Oil surged the most since March ahead of an OPEC report that will provide an up-to-date look at the market outlook. Brent crude traded around $82 a barrel, while ...

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11 Jun 2024

Apple unveils AI innovations

Daily News

US technology company Apple introduced its new artificial intelligence technology "Apple Intelligence" and announced that it has partnered with OpenAI for the int...

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11 Jun 2024

Cevdet Yılmaz's statement on stock exchange transaction tax

Daily News

Vice President Cevdet Yılmaz said, "There is a debate about whether a small fee will be 1-2 in 10 thousand on stock exchange transactions." Yılmaz stated that no ...

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10 Jun 2024

Pessimistic forecasts for the euro after the far-right victory

Daily News

The European Parliament elections caused a great stir worldwide with the rise of the far-right. French President Emmanuel Macron decided to hold early elections a...

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10 Jun 2024

Macron calls for early elections after far-right victory in EP elections

Daily News

French President Emmanuel Macron has decided to dissolve parliament and call early general elections after the far-right came in first place by a wide margin in t...

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10 Jun 2024

Calm course ahead of critical data for oil

Daily News

Oil prices settled after a weekly decline as investors eagerly awaited a series of industry reports and the Fed’s decision on interest rates, while the market was...

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10 Jun 2024

Additional tax on Chinese automotive imports

Daily News

With the regulation published in the Official Gazette, an additional tax was imposed on all fuel-type passenger vehicles imported from China. Turkey has decided t...

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10 Jun 2024

President Erdoğan: Foreign exchange requirement for exporters reduced to 30 percent

Daily News

President Recep Tayyip Erdoğan stated that they reduced the foreign exchange exchange obligation for exporters from 40 percent to 30 percent and said, "This regul...

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07 Jun 2024

Yellen warns of AI risks in finance

Daily News

US Treasury Secretary Janet Yellen reported that while artificial intelligence offers significant opportunities, such as making financial services less costly and...

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07 Jun 2024

JPM, Citi maintain July rate cut expectations

Daily News

Ahead of the critical US nonfarm payrolls data to be released today at 15:30 GMT, two major Wall Street banks, JPMorgan and Citigroup, maintain their expectations...

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07 Jun 2024

Moody's may downgrade 6 regional banks in the US

Daily News

Moody's said at least six U.S. regional banks are at risk of having their debt ratings downgraded. Moody's said at least six U.S. regional banks with significant ...

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07 Jun 2024

End of an era in the Eurozone

Daily News

In line with expectations, the European Central Bank (ECB) cut interest rates by 25 basis points, lowering the deposit rate to 3.75 percent. The decision text inc...

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06 Jun 2024

Silver forecast from UBS

Daily News

UBS raises silver price forecast, expects outperform relative to gold. UBS strategists raised their silver price forecast on the expectation that silver will outp...

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06 Jun 2024

Concerns over Saudi Arabia’s price cut in oil

Daily News

Oil rises after Saudi Arabia price cut signals demand concerns Oil rose for a second session on Saudi Arabia’s crude price cuts and concerns about the demand outl...

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06 Jun 2024

Nvidia is also in the $3 trillion company club

Daily News

The market value of California-based chipmaker Nvidia has surpassed $3 trillion. Thus, Nvidia became the third company to reach a value of $3 trillion. Nvidia's s...

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06 Jun 2024

US services sector sees strongest growth in 9 months

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Service sector activity in the U.S. rose to a nine-month high in May. The data signaled that the economy is continuing to recover, albeit slowly. The ISM services...

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06 Jun 2024

Şimşek: We envisage a limited transaction tax on crypto and stocks, not based on profits

Daily News

Treasury and Finance Minister Mehmet Şimşek spoke to Bloomberg about tax studies on crypto and stocks. Treasury and Finance Minister Mehmet Şimşek said that they ...

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