News

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16 Dec 2022

Hawkish Fed concerns over gold

Daily News

Gold performed negatively in a week where the Fed signaled that it would continue its aggressive monetary tightening path for longer than expected. Gold is set to...

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15 Dec 2022

Economic activity slows in China

Daily News

Measures implemented to curb the COVID-19 pandemic have caused China’s industrial production to slow further and retail sales to experience their biggest drop sin...

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15 Dec 2022

Elon Musk Continues to Sell Tesla Shares

Daily News

Tesla CEO Elon Musk reportedly sold another $3.58 billion worth of Tesla stock this week. According to a filing with the U.S. Securities and Exchange Commission (...

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15 Dec 2022

Japan's trade deficit falls below expectations

Daily News

Japan’s trade deficit narrowed less than expected in November, despite commodity prices holding steady, and the yen’s depreciation continued to weigh on imports. ...

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15 Dec 2022

Hürriyet is closing its printing house in Izmir

Daily News

Hürriyet Gazetecilik decided to end the printing operations of its İzmir DPC branch. The company laid off 62 employees working there. According to a statement mad...

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15 Dec 2022

Hong Kong raises interest rates after Fed

Daily News

Following the 50 basis point hike by the US Federal Reserve (Fed), the Hong Kong Special Administrative Region of China increased its benchmark interest rate by t...

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15 Dec 2022

Vakıfbank secured 400 million euros of foreign funding

Daily News

New international resource with a sustainability theme from VakıfBank, amounting to 400 million Euros VakıfBank has realized a new secured funding transaction bas...

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15 Dec 2022

Europe and the UK are also expected to slow down the pace of interest rates

Daily News

Following yesterday's meeting where the Fed slowed down its tightening pace, the European Central Bank (ECB) and the Bank of England (BOE) are also expected to sl...

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15 Dec 2022

Private sector's foreign credit debt decreased in October

Daily News

The total credit debt of the private sector from abroad decreased by $7.5 billion compared to the end of 2021, reaching $160.9 billion in October. The Central Ban...

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15 Dec 2022

The number of paid employees increased by 7.4 percent in October

Daily News

The number of paid employees in the industry, construction and trade-services sectors increased by 7.4 percent in October compared to the same month last year. Th...

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15 Dec 2022

Car sales in Europe rise for 4th month

Daily News

Although car sales in Europe accelerated in November due to the decrease in supply chain problems, there are concerns that the worsening economic outlook will red...

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15 Dec 2022

Budget balance turned positive in November

Daily News

The central government budget posted a surplus in November after two months. The budget posted a surplus of 108.3 billion TL in November and a deficit of 20.45 bi...

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13 Dec 2022

Garanti BBVA sells 690 million TL worth of past due receivables

Daily News

In a statement made by Garanti BBVA to the Public Disclosure Platform, it was stated that its past due receivables portfolio as of different dates was sold to Gel...

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13 Dec 2022

Energy Sector CEOs Worried About Interest Rates, Inflation, and Recession

Daily News

According to KPMG’s Global Energy Sector CEO Survey, interest rates, inflation, and recession are the top three risks CEOs worry about. While 87 percent of CEOs s...

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13 Dec 2022

Minister Karaismailoğlu: We will build the 3rd runway in Esenboğa

Daily News

The government will renew the Esenboğa Airport’s operating tender on December 20, 2.5 years before TAV’s term expires. Minister of Transport and Infrastructure Ad...

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13 Dec 2022

Musk's $5.7 billion donation went to his own foundation

Daily News

It was revealed that the $5.7 billion Tesla stock donation announced by famous billionaire Elon Musk in November 2021 went to his own foundation. According to the...

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13 Dec 2022

Minister Bilgin spoke about the delay in EYT

Daily News

Minister of Labor and Social Security Bilgin responded to criticisms regarding the delay in the EYT regulation. Bilgin said, "There is nothing hidden, the delay i...

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13 Dec 2022

"There are no more ships waiting in the Straits because they did not provide a confirmation letter"

Daily News

According to the statement made by the General Directorate of Maritime Affairs, 22 out of 26 tankers have provided appropriate confirmation letters. The passage o...

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13 Dec 2022

Huawei signs licensing deal with its biggest Chinese rival

Daily News

Chinese consumer electronics giant Huawei has signed a patent license agreement with its largest Chinese rival Oppo. Oppo, which operates under the umbrella of BB...

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13 Dec 2022

Minister Koca's assessment of the medicine shortage

Daily News

Health Minister Koca said regarding the claims that some drugs cannot be found on the market, "This is the most important issue on our agenda. We will solve the p...

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12 Dec 2022

China's consumer confidence hits 2.5-year low

Daily News

China’s November consumer confidence fell to its lowest level since early 2020. The latest consumer confidence data from China before the easing of pandemic measu...

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