News

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07 Jul 2023

Asian stocks fall after US jobs data

Daily News

Asian stocks extend declines as U.S. jobs data sparks sell-off on Wall Street. Asia-Pacific markets fell for a second straight day after Wall Street reported stro...

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07 Jul 2023

Increase in duties and taxes

Daily News

With the Presidential decree published in the Official Gazette, the fixed fee amount in the tariffs affiliated with the Fees Law No. 492 has been increased by 50 ...

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07 Jul 2023

Increase in Value Added Tax

Daily News

The Presidential decree published in the Official Gazette has increased the Value Added Tax (VAT) applied to goods and services The Presidential decree regarding ...

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07 Jul 2023

Twitter Threatens to Sue Meta Over Threads

Daily News

Twitter has reportedly warned of legal action against Meta over its new text-based social media platform Threads. News site Semafor has published a letter from Tw...

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07 Jul 2023

Fire breaks out at SASA factory in Adana

Daily News

fire broke out in one of the containers where workers at the construction site of the SASA Polyester factory in Adana were staying. In a statement, SASA stated th...

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07 Jul 2023

US ISM services index at 4-month high

Daily News

In the US, the Institute for Supply Management (ISM) service sector Purchasing Managers Index (PMI) rose to 53.9 in June, reaching a 4-month high. ISM announced t...

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06 Jul 2023

Message from the People's Bank of China to defend the yuan

Daily News

The People's Bank of China has stated that it has many tools against possible panic in the country's currency, the yuan. An article published in the bank's offici...

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06 Jul 2023

Second-hand vehicles cannot be marketed above the list price of new vehicles.

Daily News

Second-hand vehicles will not be able to be marketed above the list price of new vehicles until the end of the year Second-hand vehicles will not be able to be ma...

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06 Jul 2023

New York Fed President signals further increases

Daily News

New York Fed President John Williams said the Fed was right to keep interest rates steady in June, but that it may be necessary to raise them again at some point ...

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06 Jul 2023

Meta's Twitter-rival social media platform Threads is now available

Daily News

Meta, the owner of Facebook, Instagram, and WhatsApp, has launched its new social media platform Threads, a rival to Twitter. In a statement from Meta, it was rep...

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06 Jul 2023

Asian stocks fall after Fed minutes

Daily News

Asia-Pacific stocks fell after Fed minutes showed more rate hikes, with Hong Kong shares down 3%. Asia-Pacific stocks fell after the Fed said in its minutes that ...

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06 Jul 2023

OPEC holds membership talks with 4 countries

Daily News

The Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), Heysem al-Ghais, said that they are holding consultation talks with four co...

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06 Jul 2023

Fed minutes highlight more rate hikes

Daily News

The minutes of the June meeting, where the Fed decided to keep interest rates unchanged, show that some members wanted to continue raising interest rates in June,...

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06 Jul 2023

Arçelik begins solar panel production

Daily News

Having realized a significant investment in the field of renewable energy, Arçelik is starting solar panel production. Fatih Kemal Ebiçlioğlu, President of Koç Ho...

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06 Jul 2023

UAE to attract $23 billion in foreign investment in 2022

Daily News

Vice President, Prime Minister and Ruler of Dubai of the United Arab Emirates (UAE), Sheikh Mohammed bin Rashid Al Maktoum, said that his country reached the high...

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06 Jul 2023

LME to reduce daily price limits on aluminium and copper contracts

Daily News

The London Metal Exchange (LME) will reduce daily price limits on aluminium and copper open contracts from 15% to 12% as of July 24. According to the LME’s statem...

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New restrictions from the US to China

Daily News

According to the Wall Street Journal, the US is preparing to restrict Chinese companies’ access to cloud computing services of American giants such as Amazon and ...

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05 Jul 2023

Japan's service sector declines in May

Daily News

Japan’s services sector activity fell in May from the previous month but remained in expansion territory. Services activity in Japan remained in expansion territo...

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05 Jul 2023

China's Caixin services PMI falls

Daily News

The purchasing managers index (PMI), one of the most important indicators of services activity in China, pointed to a slower recovery in the sector. The Caixin se...

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05 Jul 2023

Twitter's statement regarding content viewing limits

Daily News

Social media platform Twitter stated that the content viewing limit is temporary, and that it is implemented in order to detect and eliminate bots and other bad a...

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05 Jul 2023

China cancels EU High Representative Borrell's visit to Beijing

Daily News

China has cancelled next week’s visit to Beijing by the High Representative of the European Union (EU) for Foreign Affairs and Security Policy Josep Borrell. Acco...

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