News

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14 Aug 2023

Goldman Fed forecast

Daily News

Goldman Sachs economists expect the Fed to make its first rate cut in the second quarter of 2024. The Fed will begin cutting interest rates by the end of June, at...

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14 Aug 2023

China's auto production and sales fell in July

Daily News

While automobile production and sales in China decreased in July compared to the same period last year, automobile exports increased. According to data from the C...

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14 Aug 2023

China's imports of major industrial raw materials decreased in July

Daily News

In a new sign of the fragility of China's economic recovery, imports of major industrial raw materials decreased in July. According to data from the General Admin...

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14 Aug 2023

China's housing crisis deepens

Daily News

China’s economy is showing little sign of recovery, with new stress on the property market and deflation threatening the growth outlook. Official data in China on...

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14 Aug 2023

Two earthquakes occurred in Malatya

Daily News

Two earthquakes of magnitude 4.8 and 4.40 occurred in the Yeşilyurt district of Malatya at 16:39. According to information on the Disaster and Emergency Managemen...

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11 Aug 2023

New record in card spending

Daily News

According to the data published by the Central Bank of the Republic of Turkey (TCMB), card spending rose to a record level of 181.6 billion TL in the week of Augu...

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11 Aug 2023

The Ministry of Trade has decided to ban some surveillance companies from operating

Daily News

The Ministry of Trade has decided to temporarily ban certain international surveillance companies from operating. The "Communiqué on Temporary Ban of Internationa...

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11 Aug 2023

The second phase of prefabricated houses in Hatay was delivered by Ciner Group

Daily News

The second phase of prefabricated houses constructed by Ciner Group in Hatay has been delivered to the earthquake victims Hatay was the city that suffered the gre...

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11 Aug 2023

Deposit interest rates continue to decline: 15 points in 1.5 months

Daily News

The downward momentum in deposit interest rates continued in the week of August 4. Interest rates on 1-3 month term deposits, which are predominant deposits, fell...

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11 Aug 2023

Mexico's central bank keeps interest rates unchanged

Daily News

The Mexican Central Bank (Banxico) did not change its policy rate for the third consecutive meeting, as expected. The Mexican Central Bank kept its benchmark inte...

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11 Aug 2023

Motor oil prices have increased

Daily News

Diesel fuel price increased by 1.80 liras per liter Following the increase in international fuel prices, there was an increase in the price of diesel fuel. The pr...

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11 Aug 2023

Biden administration seeks Congressional approval for $40 billion in funding

Daily News

The Biden administration has asked Congress to approve $40 billion in additional emergency funding to address, primarily, assistance to Ukraine, disaster relief, ...

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10 Aug 2023

Critical tourist decision from China including Turkey

Daily News

China has allowed group travel to many countries, including Turkey. China has lifted a ban on group travel to many countries, including the US, UK, Australia, Sou...

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10 Aug 2023

Reserve Bank of India keeps interest rates unchanged

Daily News

The Reserve Bank of India kept its policy rate unchanged, taking into account the inflation outlook. The bank also revised its 2024 inflation forecast upwards. Th...

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10 Aug 2023

Oil supply concerns

Daily News

Oil surges to a yearly high as supply risks simmer in tight market. Oil climbed to its highest in almost nine months on concerns that a possible escalation of the...

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10 Aug 2023

Hunter Biden's payments from oligarchs published

Daily News

The chairman of the US House of Representatives Oversight and Accountability Committee, James Comer, has shared bank records showing that President Joe Biden’s so...

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10 Aug 2023

US imposes restrictions on technology investment in China

Daily News

US President Joe Biden has issued an executive order that will ban certain US investments in national security technology products in China and require the report...

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10 Aug 2023

Microsoft partners with Aptos blockchain

Daily News

US technology giant Microsoft has announced a partnership with blockchain Aptos Labs to work on AI and web3. “We anticipate that AI will be incorporated into web3...

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10 Aug 2023

Moody's: Turkey's credit rating may increase if orthodox policies continue

Daily News

Moody's stated in its report on Turkey that the implemented economic policies are positive for the credit outlook, but there is also a risk of a new policy revers...

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10 Aug 2023

Approval for Galatasaray’s capital increase through paid-up

Daily News

According to the decision included in the weekly CMB bulletin; Galatasaray Sportif Sinai ve Ticari Yatırımlar AŞ's paid-up capital increase has been approved. Gal...

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10 Aug 2023

Tekfen reports second quarter profit

Daily News

Tekfen Holding announced a net profit of TL 496 million in the second quarter of 2023. The expectation was for a net profit of TL 518 million. Tekfen Holding anno...

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