News

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29 Nov 2022

Oil supply concerns

Daily News

Oil extended its recovery from a near one-year low on speculation that the Organization of the Petroleum Exporting Countries and its allies will deepen supply cut...

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29 Nov 2022

China to hold press conference on Covid today

Daily News

China will hold a press conference today on its COVID measures. According to a statement from the NHC, representatives from the National Health Commission, the Na...

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29 Nov 2022

Richmond Fed President Barkin calls for slowdown

Daily News

“I am a big supporter of raising interest rates on a slower path,” Richmond Fed President Thomas Barkin said. Richmond Fed President Thomas Barkin said he favors ...

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29 Nov 2022

Asian stock markets are monitoring developments in China

Daily News

Hong Kong shares rose 4% in the Asian session. The focus on Asian stock markets remains on China’s Covid situation. Hong Kong stocks led the Asia-Pacific’s mixed ...

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29 Nov 2022

Rishi Sunak: So-called 'golden era' in relations with China is over

Daily News

British Prime Minister Rishi Sunak has stated that his country’s so-called “golden age” in relations with China is over, and that they need to change their approa...

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29 Nov 2022

$150 billion oil investment from UAE

Daily News

UAE plans $150 billion investment to expand oil and gas sector The national oil company of the United Arab Emirates (UAE), ADNOC, aims to increase the company’s c...

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29 Nov 2022

WTO warns of slowdown in global goods trade

Daily News

The World Trade Organization (WTO) reported that the Merchandise Trade Barometer fell below trend as global import demand weakened. The report published by the or...

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28 Nov 2022

Biden calls for "shopping from small businesses"

Daily News

US President Joe Biden and Vice President Kamala Harris joined the discount shopping season, known as Black Friday, which began the day after Thanksgiving with me...

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28 Nov 2022

Asian stock markets fall

Daily News

Asian stocks fall as Covid protests lead Hong Kong stocks led losses in a negative Asia-Pacific session on Monday amid unrest in China over its ongoing zero-Covid...

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28 Nov 2022

ECB/Makhlouf: If interest rate hikes are needed, smaller hikes will be made

Daily News

“If further rate hikes are needed next year, they will be smaller,” said Gabriel Makhlouf, a member of the European Central Bank and president of the Central Bank...

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28 Nov 2022

US breaks record for online spending on Black Friday

Daily News

Despite high inflation, the U.S.’s biggest shopping event of the year, Black Friday, has broken records for online spending. Online spending in the U.S. is expect...

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28 Nov 2022

Zero-Covid protests flare up in China

Daily News

Protests against China’s zero-Covid policy have spread to multiple cities. On Sunday, protesters and police clashed in Shanghai. Protests against China’s strict C...

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28 Nov 2022

Türkiye lost 30 thousand software developers in one year

Daily News

The President of the Software Industrialists Association (YASAD), Gönül Kamalı, stated that 30 thousand software developers went abroad in 2021 and that this numb...

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28 Nov 2022

Foreign capital in China increased by 14.4 percent

Daily News

In the first 10 months of the year, foreign capital actually used in China increased by 14.4 percent on an annual basis, reaching 1 trillion 89 billion 860 millio...

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28 Nov 2022

Zero Covid pressure underneath

Daily News

Gold fell as the dollar, which has strengthened amid turmoil in China due to zero Covid measures, put downward pressure on the precious metal. Gold fell as turmoi...

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28 Nov 2022

Minister Nebati met with the President of the Islamic Development Bank

Daily News

Treasury and Finance Minister Nureddin Nebati said on his Twitter account, "We met with the President of the Islamic Development Bank, Mr. Muhammed Al Jasser. In ...

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28 Nov 2022

All eyes on Powell's speech

Daily News

Global markets are focused on Fed Chair Jerome Powell's speech this week. Powell is expected to give a message at the December meeting that the pace of interest r...

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25 Nov 2022

Anti-dumping measures on imports of certain products from China

Daily News

It was decided to continuation of the anti-dumping measure against imports of "frameless glass mirrors" of Chinese origin It was decided to continuation of the an...

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25 Nov 2022

Garanti BBVA secured a syndicated loan

Daily News

Garanti BBVA provided a syndicated loan of USD 155 million and EUR 238.5 million with a maturity of 367 days. According to the statement made by Garanti BBVA, the...

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25 Nov 2022

JPMorgan predicts sharp decline in global bond supply

Daily News

Wall Street bank JPMorgan, which stated that the worst is over for global bonds, predicted that a supply-demand gap of around $1 trillion will push bond yields do...

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25 Nov 2022

Oil's losing streak continues for third week

Daily News

Oil headed for a third weekly loss as concerns about a slowdown threatened the demand outlook. Oil headed for a third weekly loss after the European Union imposed...

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