News

image
03 Jul 2023

TPAO's two oil exploration licenses extended

Daily News

The term of Turkish Petroleum Corporation's (TPAO) oil exploration licenses covering an area of 87 thousand 985 hectares in Istanbul, Tekirdağ, and Adana has been...

Read More
image
30 Jun 2023

Google to remove news links in Canada

Daily News

Google has announced that it will remove news links from media outlets from its services in Canada. Following the Canadian government’s passage of Bill C-18, whic...

Read More
image
30 Jun 2023

US unemployment claims drop sharply

Daily News

Applications for unemployment benefits in the U.S. fell by the most since October 2021 last week. Applications for unemployment benefits in the U.S. fell by 26,00...

Read More
image
30 Jun 2023

Erdogan gave a timetable for civil servant salary regulation

Daily News

President Recep Tayyip Erdoğan made statements regarding the regulation of civil servant salaries. President Erdoğan said, "We will present the regulation regardi...

Read More
image
30 Jun 2023

Critical revision in US growth data

Daily News

In the US, the third reading for the first quarter of the year showed that growth was revised from 1.4% to 2%. While expectations that the Fed would accelerate it...

Read More
image
30 Jun 2023

Inflation accelerates again in Germany, below target in Spain

Daily News

In June, annual inflation in Germany rose to 6.8 percent, while in Spain it fell below the 2 percent target set by the European Central Bank for the entire Eurozo...

Read More
image
30 Jun 2023

Atlanta Fed President: Wait-and-see, not hike

Daily News

Atlanta Fed President Raphael Bostic reiterated his view that Fed Chairman Jerome Powell feels a greater urgency to tighten than he does, and that he wants rates ...

Read More
image
30 Jun 2023

Biden wants to persuade undecided voters with 'Bidenomics'

Daily News

US President Joe Biden made statements about his economic plan “Bidenomics” in Chicago, Illinois. Biden’s economic plan highlights regulations that will increase ...

Read More
image
30 Jun 2023

Powell: We continue to monitor banking closely

Daily News

Fed Chairman Jerome Powell said on Thursday that the Fed was monitoring developments in the banking sector “very carefully” due to potential vulnerabilities such ...

Read More
image
30 Jun 2023

Powell signals two consecutive rate hikes

Daily News

US Federal Reserve (Fed) Chairman Jerome Powell has signaled that they are open to two consecutive rate hikes at upcoming meetings. Fed Chairman Powell spoke at a...

Read More
image
29 Jun 2023

S&P affirms China's credit rating

Daily News

International credit rating agency Standard & Poor's (S&P) has affirmed China's long-term and short-term credit ratings at "A+/A-1" and maintained the credit rati...

Read More
image
29 Jun 2023

Powell signals two consecutive rate hikes

Daily News

US Federal Reserve (Fed) Chairman Jerome Powell has signaled that they are open to two consecutive rate hikes at upcoming meetings. Fed Chairman Powell spoke at a...

Read More
image
29 Jun 2023

EU prepares for digital euro

Daily News

The EU Commission has announced its proposed regulation to create a legal framework for the use of the digital euro. The aim of the regulation is to make the digi...

Read More
image
29 Jun 2023

Erdoğan's 'Sweden' message to Scholz

Daily News

President Recep Tayyip Erdoğan evaluated Sweden’s NATO membership in a phone call with German Chancellor Olaf Scholz. Noting that supporters of the PKK/PYD/YPG in...

Read More
image
29 Jun 2023

New limitation on artificial intelligence chips from the US

Daily News

The US is reportedly considering new restrictions on exports of AI chips to China. The Wall Street Journal reported, citing sources familiar with the matter, that...

Read More
image
29 Jun 2023

ECB discusses faster reduction of bond portfolio

Daily News

European Central Bank (ECB) officials are reportedly discussing options to accelerate the shrinkage of the institution’s 5 trillion-euro ($5.5 trillion) bond port...

Read More
image
29 Jun 2023

$1 billion financing from the World Bank to Turkey

Daily News

The World Bank has approved $1 billion in financing for Turkey to help rebuild rural housing and basic public services in earthquake-affected areas. The World Ban...

Read More
image
29 Jun 2023

The scope of e-invoice application is expanding

Daily News

As of July 1, new taxpayers will be included in the scope of the digital transformation process initiated by the Revenue Administration for the electronic prepara...

Read More
image
29 Jun 2023

China's industrial companies' profits fall on shrinking demand

Daily News

Profits at Chinese industrial firms fell 12.6 percent in May from a year earlier. The shrinking demand was interpreted as an indicator of the country’s ongoing ec...

Read More
image
29 Jun 2023

The decision to extend the withholding tax support at KKM was published in the Official Gazette

Daily News

The decision to extend the 0 percent withholding tax application in KKM accounts until the end of the year was published in the Official Gazette. The decision to ...

Read More
image
27 Jun 2023

Fed forecast from Morgan Stanley

Daily News

Morgan Stanley said it expects a 25 basis point rate hike in July, following Fed Chair Powell’s messages last week. After Fed Chair Jerome Powell signaled in his ...

Read More