News

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31 Jul 2023

Japan's industrial production grows below expectations

Daily News

In June, seasonally adjusted data showed industrial production rose 2.0 percent from the previous month. Economists had expected production to rise 2.4 percent af...

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31 Jul 2023

China's manufacturing activity contracts for fourth consecutive month

Daily News

China’s manufacturing activity rose to 49.3 in July from 49.0, but remained below the 50-point threshold that separates growth from contraction. China’s manufactu...

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31 Jul 2023

Asian stock markets rise after China data

Daily News

Asian stocks rose as China’s factory activity contracted for a fourth straight month. Asia-Pacific stocks rose on Monday as China’s July factory activity remained...

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31 Jul 2023

Contribution of 27.4 billion liras to the Treasury from real estate transactions

Daily News

Minister of Environment, Urbanization and Climate Change Mehmet Özhaseki announced that a contribution of 27.4 billion liras was provided to the Treasury through ...

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31 Jul 2023

Request for 'adaptation' from EYT members

Daily News

The President of the Federation of Those Stuck in Retirement Age (EYT), Arzu Lastikçi, said that the Adaptation Law implemented for those who retired before 2000 ...

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28 Jul 2023

The principles regarding the collection of additional MVT have been determined.

Daily News

According to the principles determined by the Revenue Administration and published in the Official Gazette, the additional MTV will be paid in two equal installme...

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28 Jul 2023

Pimco warns of Fed

Daily News

Daniel Ivascyn, co-manager of Pimco Income Fund, which manages the world’s largest active bond fund, said it was “dangerous” to think the Fed’s job is done. While...

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28 Jul 2023

Oil premium series in its 5th week

Daily News

Oil’s premium streak in its fifth week Oil is heading for its fifth week of gains as the market tightens. Oil is on course for its longest weekly gain in more tha...

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28 Jul 2023

Bank of Japan makes surprise yield control move

Daily News

The BOJ made an unexpected move in yield control when it decided to keep the benchmark interest rate at minus 0.10 percent. Although the Bank of Japan (BOJ) kept ...

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28 Jul 2023

Tokyo inflation beats expectations

Daily News

Tokyo's Consumer Price Index (CPI) rose to 3.2 percent in July. The consumer price index in Tokyo, Japan's capital, rose 3.2 percent year-on-year in July, slightl...

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28 Jul 2023

Asian stock markets fall after BOJ rate decision

Daily News

Asian stocks mostly lower after Bank of Japan rate decision Asia-Pacific stocks were broadly lower after the Bank of Japan kept its benchmark policy rate at minus...

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27 Jul 2023

Restructuring payments extended in earthquake zone

Daily News

The payment period of restructuring installments has been extended in provinces where the state of force majeure continues in the earthquake region The payment pe...

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27 Jul 2023

Additional appropriations for public administrations

Daily News

total of TL 1.1 trillion has been added to the budget arrangements of public administrations. With the law on making changes in the central government budget law ...

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27 Jul 2023

Oil continues to rise

Daily News

Asian Stocks Oil rose after U.S. crude inventories fell and the Federal Reserve said further rate hikes would depend on data. U.S. crude rose for the fifth time i...

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27 Jul 2023

Meta's revenue increased in the second quarter

Daily News

Meta, the owner of Facebook, Instagram, and WhatsApp, saw its revenue increase by 11 percent to $32 billion in the second quarter of this year. Meta announced its...

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27 Jul 2023

Volkswagen to invest $700 million in China's XPeng

Daily News

Volkswagen, one of the world's largest automobile manufacturers, announced that it plans to invest $700 million in Chinese electric vehicle manufacturer XPeng. Ai...

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Fed raises interest rates to 22-year high

Daily News

The US Federal Reserve (Fed), which paused interest rate hikes last month, raised the policy rate by 25 basis points in line with expectations at its July meeting...

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27 Jul 2023

Akbank's net profit in the second quarter exceeds market expectations

Daily News

Akbank made a net profit of TL 20.3 billion in the second quarter of 2023, above market expectations of TL 17.2 billion. The bank's net profit in the previous qua...

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27 Jul 2023

TOBB/Hisarcıklıoğlu: Commercial loans should not be cut suddenly

Daily News

Rifat Hisarcıklıoğlu, President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), stated that the contraction in SME loans had a negative impact ...

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27 Jul 2023

US new home sales miss expectations in June

Daily News

New home sales in the US decreased by 2.5 percent on a monthly basis in June to 697 thousand, falling below expectations. The US Department of Commerce announced ...

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26 Jul 2023

Oil retreats after four days of gains

Daily News

Oil fell after a four-day rally of nearly 6% as investors eyed a U.S. interest rate decision. U.S. crude traded at $79 a barrel after closing at the highest level...

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