News

image
10 Nov 2022

Minister Nebati: Renewal rate in Treasury-backed KKM accounts is around 70%

Daily News

Treasury and Finance Minister Nureddin Nebati announced that approximately 91.6 billion TL has been paid to the KKM accounts supported by the Treasury to date. Tr...

Read More
image
10 Nov 2022

Competition Board launches investigation into 6 cosmetics companies

Daily News

The Competition Board has decided to launch an investigation into 6 undertakings operating in the cosmetics and personal care products sector. According to the an...

Read More
image
10 Nov 2022

Cuban, US officials meet to discuss visas

Daily News

Cuban and US State Department officials met in Havana to discuss expanding consular and visa services on the island. The meeting in Havana, the Cuban capital, was...

Read More
image
09 Nov 2022

US agenda in global markets

Daily News

All attention in global markets has turned to the US. Market players will be closely monitoring the results of the US midterm elections and US inflation on Thursd...

Read More
image
09 Nov 2022

The process for the 2023 minimum wage has begun

Daily News

The Ministry of Labor and Social Security has launched a study as part of the work to determine the minimum wage that will be valid in 2023. The Ministry of Labor...

Read More
image
09 Nov 2022

Exit from Chinese assets accelerates

Daily News

The outflow, which was $2.1 billion in September, reached $8.8 billion from Chinese assets in October, according to the Institute of International Finance data. W...

Read More
image
09 Nov 2022

All eyes on US inflation

Daily News

Gold fell as investors sought clues about the direction of inflation data due on Thursday. Gold fell after posting its biggest gain in a month as investors sought...

Read More
image
09 Nov 2022

Istanbul business world goes to the polls for the Istanbul Chamber of Commerce elections

Daily News

Business people representing 700 thousand companies in the Istanbul Chamber of Commerce, Turkey’s largest chamber, are heading to the polls to elect their represe...

Read More
image
08 Nov 2022

Midterm election day in the USA

Daily News

As the US midterm elections take place today, polls indicate a difficult picture for President Joe Biden. Elon Musk, who has drawn attention with the radical chan...

Read More
image
08 Nov 2022

Russia steps in the US from the back door

Daily News

As sanctions against Russia continue to have an impact on the global economy, it has been reported that the Biden administration in the US is seeking to mitigate ...

Read More
image
08 Nov 2022

Minister Nebati: SME loans grew more than 3 times the historical average

Daily News

Treasury and Finance Minister Nureddin Nebati said on his Twitter account that SME loans have grown more than 3 times their historical average. Treasury and Finan...

Read More
image
08 Nov 2022

Treasury: $1.5 billion Eurobond issue received 3 times more demand

Daily News

The Ministry of Treasury and Finance announced that there was 3 times more demand for the 1.5 billion dollar Eurobond issue and the yield rate was 10 percent. The...

Read More
image
07 Nov 2022

UN Climate Summit takes place in Egypt

Daily News

At the UN Climate Summit, issues such as greenhouse gas emission reduction plans, adaptation to climate change, and climate compensation commitments to developing...

Read More
image
07 Nov 2022

Asian stock markets rise

Daily News

Asia-Pacific stocks rose early Monday as investors priced in the latest U.S. jobs report and awaited midterm elections. The Hang Seng index in Hong Kong rose 3.5 ...

Read More
image
07 Nov 2022

Apple lowers iPhone 14 target

Daily News

Apple has warned that iPhone 14 production will be temporarily curtailed due to Covid restrictions in China. The company previously forecast that it would produce...

Read More
image
07 Nov 2022

Unexpected decline in China's foreign trade

Daily News

China's exports and imports unexpectedly decreased in October. Exports and imports fell simultaneously for the first time since May 2020. Rising inflation, rising...

Read More
image
07 Nov 2022

The Presidential Cabinet will meet today

Daily News

The Presidential Cabinet will convene today under the presidency of President Recep Tayyip Erdoğan. As always, the economic agenda of the meeting will focus on po...

Read More
image
07 Nov 2022

Tech layoffs wave widens

Daily News

The massive layoff wave that Elon Musk created after purchasing Twitter, along with the participation of companies such as Amazon and Lyft, has emerged as a new d...

Read More
image
04 Nov 2022

Institutions raise Fed rate forecasts

Daily News

Following the messages given by Fed Chair Jerome Powell at the press conference, some institutions such as TD Securities and Nomura revised upward their estimates...

Read More
image
04 Nov 2022

US car app Lyft announces layoffs

Daily News

The turbulence in technology companies in the US is also reflected in employment. Along with the news that Amazon is pausing corporate hiring, it was announced th...

Read More
image
04 Nov 2022

Layoffs begin at Twitter

Daily News

Social media company Twitter reportedly plans to begin layoffs on Friday. According to reports in the US press, Twitter management sent an email to employees rega...

Read More