News

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07 Sep 2023

Migros opened 47 stores in August

Daily News

Migros Ticaret AŞ announced that it opened 47 stores in various categories in August, bringing its total number of stores to 3,176. In the statement made by the c...

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06 Sep 2023

Companies rush to issue bonds

Daily News

Global bond markets have initiated issuance processes to raise funds ahead of the Fed’s interest rate decision. Global bond markets have witnessed intense private...

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06 Sep 2023

Japan and China intervene in the draw

Daily News

The recent lows in Asian currencies have prompted Japan and China to intervene in the exchange rate. The recent lows in Asian currencies, in response to the dolla...

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06 Sep 2023

Oil rises as supply cuts extend

Daily News

Oil tested its highest level since November after OPEC+ leaders extended supply cuts. Oil is trading near its highest level since November after OPEC+ leaders Sau...

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06 Sep 2023

Qualcomm chips to be used in Mercedes and BMW vehicles

Daily News

US semiconductor company Qualcomm has announced that it is collaborating with Mercedes and BMW to supply advanced chips for in-car infotainment systems. Under thi...

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06 Sep 2023

Grain initiative thanks from the US to Turkey

Daily News

The U.S. State Department thanked President Recep Tayyip Erdoğan and our NATO ally Turkey for their efforts to relaunch the Black Sea Grain Initiative. U.S. Deput...

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06 Sep 2023

Mastercard and Visa not planning to increase card fees

Daily News

Mastercard and Visa, the US-based financial services companies, have announced that reports that they plan to increase credit card fees in the US are not true. Ma...

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06 Sep 2023

Flood in Istanbul claims two lives

Daily News

The Istanbul Governor's Office announced that 2 people who were swept away by flood waters in Başakşehir and Küçükçekmece lost their lives. Governor Davut Gül war...

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06 Sep 2023

Saudi Arabia's telecommunications company STC Group has become the largest shareholder in Madrid-based Spanish multinational Telefónica, by purchasing 9.9 percent of the company for 2.1 billion euros.

Daily News

In a written statement from Telefonica, it was announced that the shares representing 4.9 percent of the company's capital and the financial instruments represent...

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05 Sep 2023

Goldman downgrades US recession chances

Daily News

Economists at Goldman Sachs said they now see the chance of a U.S. recession at 15%, up from 20% previously. Goldman Sachs now sees the chance of a U.S. recession...

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05 Sep 2023

China's service activities expand at slowest pace in 8 months

Daily News

The world’s second-largest economy, China, saw its services activity expand at its slowest pace in eight months in August, amid weak demand and a lack of stimulus...

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05 Sep 2023

Oil continues to rise

Daily News

Oil continues to rise as investors await OPEC+’s next steps on supply. Oil traded near its highest level this year after a rally led by OPEC+’s supply cuts that h...

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05 Sep 2023

Household spending in Japan falls more than expected

Daily News

Households in Japan, one of Asia’s largest economies, cut spending in July as persistent inflation continued to erode purchasing power. Households in Japan cut sp...

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05 Sep 2023

Minister Bolat met with Novak

Daily News

Minister of Trade Ömer Bolat said, "We expressed our priorities regarding the balanced continuation of our bilateral trade volume, and our expectations in the fie...

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05 Sep 2023

UN: Focus on reviving Black Sea Grain Initiative

Daily News

Jens Laerke, spokesperson for the United Nations (UN) Office for the Coordination of Humanitarian Affairs (OCHA), stated that they are focused on reviving the Bla...

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04 Sep 2023

Automotive and light commercial vehicle market increased by 78.9 percent

Daily News

According to the Automotive Distributors and Mobility Association (ODMD) data, the automobile and light commercial vehicle market grew by 78.9 percent in August, ...

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04 Sep 2023

Ebebek IPO size reached 1.86 billion TL

Daily News

Ebebek's public offering size was TL 1.86 billion, and the public offering received 7.7 times the demand from 3.9 million people. In the Ebebek Mağazacılık A.Ş. p...

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04 Sep 2023

China rally in global markets

Daily News

While the US markets are closed for the holiday in global markets, the rally in Chinese real estate stocks is creating a positive atmosphere in Asia Pacific. The ...

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04 Sep 2023

Foreign trade deficit reached $8.88 billion in August

Daily News

According to provisional data from the Ministry of Commerce, the foreign trade deficit was $8.88 billion in August. The Ministry of Commerce announced the foreign...

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04 Sep 2023

Rally in Chinese real estate

Daily News

The easing of mortgage rules for housing purchases in major cities in China has led to a major rally in Chinese stocks, especially real estate companies. The Hong...

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04 Sep 2023

Bond giants' Fed forecast

Daily News

US nonfarm payrolls showed signs of weakening for the first time since the beginning of the Fed's tightening cycle on Friday, reinforcing the thesis that the tigh...

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