News

image
12 Sep 2022

S&P upgrades Portugal's credit rating

Daily News

The international credit rating agency Standard and Poors (S&P) has upgraded Portugal's credit rating. According to the statement made by S&P, the country's long-...

Read More
image
12 Sep 2022

Oil falls on demand concerns

Daily News

Oil started the week losing ground as speculation about weakening global demand grew and investors weighed a raft of details about a U.S.-led plan to try to cap t...

Read More
image
12 Sep 2022

Asian markets rose

Daily News

Stocks in the Asia-Pacific region started the week on a positive note. Shares in Asia-Pacific rose on Monday amid heightened risk sentiment. The Nikkei 225 rose 1...

Read More
image
12 Sep 2022

Nuclear power plant in the middle of the war has completely stopped

Daily News

The production activities at the Zaporizhia Nuclear Power Plant, Europe’s largest nuclear power plant located in Ukraine, have been completely halted. The Ukraini...

Read More
image
09 Sep 2022

Yellen's statement on tax hikes for high-income earners

Daily News

US Treasury Secretary Janet Yellen stated that tax rates for high-income earners and corporations should be “returned to historical norms” and that tax reforms wo...

Read More
image
09 Sep 2022

Global markets are monitoring interest rate hike expectations and exchange rate movements

Daily News

On the last trading day of the week, markets are monitoring expectations of a 75 basis point rate hike from the Fed and ECB, data released in Asia and exchange ra...

Read More
image
09 Sep 2022

Fed to hike interest rates by 75 basis points

Daily News

Fed Chairman Jerome Powell signaled yesterday that the Fed could hike interest rates by 75 basis points at the Federal Open Market Committee meeting on September ...

Read More
image
09 Sep 2022

ECB expectations also turned hawkish after historic interest rate hike

Daily News

The European Central Bank (ECB), which increased the main refinancing rate, marginal lending facility and deposit rate by 75 basis points yesterday, may also incr...

Read More
image
08 Sep 2022

UK and German Chancellors Discuss Energy Crisis

Daily News

British Prime Minister Liz Truss and German Chancellor Olaf Scholz discussed energy challenges and stressed the importance of energy independence in a phone call....

Read More
image
08 Sep 2022

Italy: Gas price cap should apply to all gas purchases

Daily News

Italy will propose that the gas price cap be applied to all gas purchases, not just imports from Russia. If a decision is made to impose a cap on natural gas pric...

Read More
image
08 Sep 2022

Petkim announced a planned shutdown as part of maintenance

Daily News

Petkim announced that the major maintenance that is carried out every four years has started at its ethylene and aromatics plants. In a statement made to the Publ...

Read More
image
08 Sep 2022

Fed highlights weak economic growth in Beige Book

Daily News

The US Federal Reserve (Fed) stated in its “Beige Book” report that the outlook for future economic growth remains weak in general. The Fed reported in its “Beige...

Read More
image
08 Sep 2022

Opening exchange rates in the free market (08.09.2022)

Daily News

In the Istanbul free market, the dollar started the day at 18.2360 liras and the euro at 18.2310 liras. The dollar bought at 18.2340 liras in the free market is b...

Read More
image
07 Sep 2022

Lufthansa and pilots union reach agreement

Daily News

The German pilots’ union VC has announced that significant progress has been made in a dispute with Lufthansa over wages, and that a strike planned for this week ...

Read More
image
07 Sep 2022

Erdogan: Travel between Bosnia and Herzegovina will be possible with ID cards

Daily News

President Erdogan, who met with the Chairman of the Presidential Council of Bosnia and Herzegovina, Şefik Caferovic, said, "We have now decided that we can now tr...

Read More
image
07 Sep 2022

Gazprom plans to switch 25% of Turkey's gas payments to rubles

Daily News

It was reported that the Russian gas company Gazprom plans to switch 25 percent of its gas payments from Turkey to rubles. Gazprom also announced that an agreemen...

Read More
image
07 Sep 2022

Automotive exports fell in August

Daily News

According to the data from the Uludağ Automotive Industry Exporters’ Association (OİB), the automotive industry’s exports in August decreased by 6 percent to 2 bi...

Read More
image
07 Sep 2022

Petrol and diesel prices increased

Daily News

The price of gasoline has increased by 55 cents per liter and diesel by 69 cents per liter. The increases are reflected in the pump price as of today. Gasoline an...

Read More
image
07 Sep 2022

How did the Central Bank of Turkey explain the inflation rate that reached its highest level in 24 years?

Daily News

The Central Bank of the Republic of Turkey (TCMB) published its monthly price developments assessment for August. In the assessment, it was stated that the most s...

Read More
image
06 Sep 2022

Erdoğan: We are liquidating enforcement debts under 2 thousand liras

Daily News

President Recep Tayyip Erdoğan, in his statement following the Cabinet Meeting, said, "We are liquidating the debts of 2 thousand liras and below, which have caus...

Read More
image
06 Sep 2022

Reserve Bank of Australia raises interest rates to 7-year high

Daily News

The Reserve Bank of Australia raised its policy rate by 50 basis points to 2.35 percent, in line with expectations. Thus, the policy rate in the country reached i...

Read More