News

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15 Jun 2023

Fed keeps interest rates steady after 15 months

Daily News

Following 15 months of tightening, the US Federal Reserve decided to keep the policy rate constant in line with signals from the economy. Authorities revised thei...

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15 Jun 2023

UNICEF: Number of displaced children reaches 43.3 million

Daily News

The United Nations Children's Fund (UNICEF) reported that the number of displaced children reached 43.3 million by the end of 2022. UNICEF published a report on d...

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15 Jun 2023

Erdoğan: Minimum wage talks are progressing on constructive ground

Daily News

President Recep Tayyip Erdoğan said, "The minimum wage commission has started negotiations. Negotiations are progressing on a constructive basis. I believe that i...

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14 Jun 2023

Retail support for UK growth

Daily News

The UK economy recovered in April after contracting in March, driven by growth in the retail sector. Despite the contraction in the manufacturing and construction...

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14 Jun 2023

Attention turns to the Fed

Daily News

Gold rose after investors expected the Fed to pause interest rate hikes after US inflation data indicated a cooling trend. Gold rose after three days of declines,...

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14 Jun 2023

TUI: Demand for Antalya is high

Daily News

German tourism operator TUI has said it is expecting a strong summer season, with bookings rising for the first time compared to the period before the coronavirus...

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14 Jun 2023

$549 million financing from the World Bank to Turkey

Daily News

The World Bank announced that it has approved $549 million in funding for Turkey to increase the use of renewable energy in central government and municipalities....

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14 Jun 2023

Putin's statement on grain corridor

Daily News

Russian President Vladimir Putin said, “We entered into the agreement to support developing countries and to lift the embargo on our agricultural sector. We have ...

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14 Jun 2023

Germany suspends visa refusal appeals

Daily News

According to a written statement by the German Foreign Ministry, Germany has launched a pilot application to reduce the delay in visa applications and shorten the...

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14 Jun 2023

Inflation warning from BoE Monetary Policy Committee member

Daily News

The Bank of England’s current series of rate hikes may take longer to be felt than previous tightening cycles and may have limited impact on inflation in the very...

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14 Jun 2023

El-Erian: Fed may be about to make policy mistake

Daily News

The Fed would make a big mistake if it skips a rate hike this week, senior economist Mohamed El-Erian warned in a Financial Times op-ed on Monday that “skipping” ...

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14 Jun 2023

China's real estate slump expected to last for years

Daily News

Economists on Wall Street are warning that weakness in China’s property market could be a drag on the economy in the coming years. “We see persistent weakness in ...

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14 Jun 2023

South Korea's unemployment hits record low in May

Daily News

South Korea’s unemployment rate fell by 2.5 percent in May. South Korea’s unemployment rate hit a record low of 2.5 percent in May, a level last seen in August 20...

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14 Jun 2023

South Korea's unemployment hits record low in May

Daily News

South Korea’s unemployment rate fell by 2.5 percent in May. South Korea’s unemployment rate hit a record low of 2.5 percent in May, a level last seen in August 20...

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14 Jun 2023

Asian stock markets mixed ahead of Fed

Daily News

Asian markets were mixed after the Fed meeting and the U.S. inflation rate hit a two-year low. Asia-Pacific markets were mixed after U.S. inflation rose to a two-...

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13 Jun 2023

New incentive package preparations in China

Daily News

It was reported that China is working on an incentive plan that includes regulations and interest rate cuts for the real estate sector. While China has made a sur...

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13 Jun 2023

Attention on US inflation

Daily News

Global markets have turned their attention to US inflation. A moderate softening is expected in US core consumer inflation to be announced today. US May inflation...

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13 Jun 2023

Erdemoğlu sells Sasa shares to foreigners

Daily News

Erdemoğlu Holding sold 3.55 billion TL worth of Sasa shares to foreign institutional investors. Erdemoğlu Holding sold shares in Sasa to foreigners. According to ...

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13 Jun 2023

US inflation outlook falls to two-year low

Daily News

U.S. inflation expectations for the next 12 months fell to the lowest level since May 2021, according to a New York Fed survey. Consumers are increasingly optimis...

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13 Jun 2023

China's central bank cuts short-term lending rate for first time in 10 months

Daily News

The People's Bank of China has cut its short-term lending rate for the first time since August 2022. The interest rate was cut from 2.0% to 1.90% in the bank's se...

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13 Jun 2023

Inflation in India at lowest level since January 2021

Daily News

India’s inflation rate falls to lowest level since January 2021 India’s consumer price index rose 4.25 percent year-on-year in May, the lowest inflation rate sinc...

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