News

image
31 Aug 2022

Russian e-commerce platform Ozon opens an office in Turkey

Daily News

Russia’s leading e-commerce platform Ozon announced that they will open an office in Turkey and aim to provide their customers with easier access to a wide range ...

Read More
image
31 Aug 2022

Cautious trend in global markets

Daily News

Expectations that the Fed will make aggressive interest rate hikes are causing global markets to be 'cautious'. US index futures contracts rose today, while Asian...

Read More
image
31 Aug 2022

Sri Lanka signs preliminary loan agreement with IMF

Daily News

Sri Lanka, facing its worst economic crisis in history, has reached a preliminary agreement with the International Monetary Fund (IMF). Four sources with direct k...

Read More
image
30 Aug 2022

Honda and LG Energy to build $4.4 billion lithium-ion battery manufacturing plant

Daily News

Automaker Honda has announced that it has established a joint venture with LG Energy Solution to power electric vehicles and supply batteries to the North America...

Read More
image
30 Aug 2022

China: US sending warship to Taiwan is trespassing on property

Daily News

China stated that the passage of two U.S. Navy warships through the Taiwan Strait yesterday could not be considered as freedom of navigation, describing the passa...

Read More
image
30 Aug 2022

US signs $11 million deal for monkeypox vaccine

Daily News

The US Department of Health and Human Services has reached an $11 million agreement with US-based firm Grand River Aseptic Manufacturing (GRAM) for the smallpox a...

Read More
image
30 Aug 2022

Production of domestic passport has begun

Daily News

Minister of the Interior Süleyman Soylu announced that the production of local and national passports will be started and the green passport will be printed first...

Read More
image
29 Aug 2022

Goldman predicts UK recession

Daily News

Goldman Sachs expects the UK economy to enter recession from the fourth quarter of 2022 Goldman Sachs expects the UK economy to enter recession from the fourth qu...

Read More
image
29 Aug 2022

US senator worries about recession

Daily News

A Senator Warren is worried that the Fed will push the US economy into a recession In the US, Democratic Senator Elizabeth Warren said she is worried that the Fed...

Read More
image
29 Aug 2022

Goldman's optimistic commodity forecast

Daily News

While recession pricing continues at full speed in the stock markets, Goldman Sachs has made a rather optimistic commodity forecast. Goldman Sachs analysts, inclu...

Read More
image
29 Aug 2022

Pessimism about China's economy grows

Daily News

Economists’ expectations for the Chinese economy in 2022 are deteriorating due to the ongoing COVID-19 cases and the turmoil in the real estate sector. Economists...

Read More
image
29 Aug 2022

Global stocks hit 1-month low

Daily News

Fed Chairman Jerome Powell's Friday speech signaling that interest rates will be raised for a long time caused a decline in stocks and stock futures, while the 2-...

Read More
image
26 Aug 2022

Switzerland is saving energy

Daily News

The Swiss government has set a goal of reducing natural gas consumption by 15 percent during the winter season in order to prevent the possible negative effects o...

Read More
image
26 Aug 2022

EU cuts corn production forecast

Daily News

EU lowers its corn production forecast for the second time and raises its wheat production forecast due to drought The EU Commission has lowered its forecast for ...

Read More
image
26 Aug 2022

ECB to end reinvestment guidance

Daily News

According to sources familiar with the matter, the European Central Bank will end reinvestment, but the decision will not come in September. According to sources ...

Read More
image
26 Aug 2022

Mexico's Central Bank Discusses 'Decoupling' with the Fed

Daily News

The Board of Directors of the Mexican Central Bank discussed how closely they would monitor the Fed in raising interest rates amidst slowing economic growth and a...

Read More
image
26 Aug 2022

Hawkish message from St. Louis Fed President

Daily News

St. Louis Fed President James Bullard stated that they need to act quickly in the face of rising inflation and that they need to raise the policy rate to 3.75-4 p...

Read More
image
25 Aug 2022

State support for debts under execution

Daily News

With the regulation to be submitted to the Turkish Grand National Assembly, the debts of nearly 6 million citizens, amounting to approximately 30 billion liras, w...

Read More
image
25 Aug 2022

US responds to Iran nuclear deal

Daily News

The US State Department announced that they were responding to Iran’s views regarding the draft text of the nuclear deal with Iran. US State Department spokesman ...

Read More
image
25 Aug 2022

New stimulus package in China

Daily News

The slowdown in economic activity in China has prompted the government to take action. The State Council, which is China’s executive body, has announced a new $14...

Read More
image
25 Aug 2022

Tightening warning from two market giants

Daily News

Global markets are closely following the Fed’s moves regarding policy rates as well as the steps regarding balance sheet reduction. Two important players in the m...

Read More