News

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06 Jun 2023

New test for US banks

Daily News

As depositors in the US turn to higher-yielding investment instruments, banks that are having difficulty holding deposits face a new test: The intensive bond issu...

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06 Jun 2023

Supreme Court's Uber decision

Daily News

The Court of Cassation approved the court decision, and the decision to suspend Uber’s activities and block access on the grounds that “unfair competition occurre...

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06 Jun 2023

Twitter ad revenue declines

Daily News

Twitter's U.S. ad revenue for the five weeks from April 1 to the first week of May was $88 million, down 59 percent from a year earlier, according to the New York...

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06 Jun 2023

Surprise move from the Reserve Bank of Australia

Daily News

The Reserve Bank of Australia (RBA) surprised markets again by raising interest rates by another 25 basis points. The Reserve Bank of Australia defied market expe...

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06 Jun 2023

Oil falls as optimism over output cut fades rapidly

Daily News

Oil fell slightly as investors weighed the outlook for supply and demand following Saudi Arabia’s surprise pledge for additional supply cuts. U.S. crude fell belo...

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06 Jun 2023

Household spending in Japan falls more than expected

Daily News

In Japan, all household spending fell 4.4 percent annually in April. The data was expected to rise by 2.3 percent. Japanese household spending fell 4.4 percent in...

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06 Jun 2023

Low appetite in Asian stock markets

Daily News

Asian stocks were broadly lower on Tuesday as Wall Street’s rally took a breather. The Reserve Bank of Australia (RBA) surprised markets again by hiking interest ...

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06 Jun 2023

Akif Çağatay Kılıç was appointed as the Chief Advisor to the President

Daily News

Akif Çağatay Kılıç has been appointed as Chief Advisor to the President. Kılıç was given the title of "Ambassador." Presidential appointment decisions are publish...

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05 Jun 2023

High buffer preparations for major banks in the US

Daily News

While the effects of the banking crisis experienced in small-scale local banks in the US are still fresh in our memories, according to the Wall Street Journal, a ...

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05 Jun 2023

Morgan warns about US stocks

Daily News

Morgan Stanley predicts a sharp decline in corporate earnings will put the brakes on the U.S. stock market rally. Instead, the investment bank is bullish on stock...

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05 Jun 2023

Oil rises on news of additional production cuts

Daily News

Oil rose after Saudis pledged 1 million barrels per day cuts at OPEC+ meeting Oil rose at the start of the week after Saudi Arabia said it would cut an extra 1 mi...

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05 Jun 2023

Asian stocks rise as debt ceiling bill approved

Daily News

Asian markets rose after Biden signed debt ceiling bill. Asia-Pacific markets rose broadly after U.S. President Joe Biden signed the debt ceiling bill over the we...

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05 Jun 2023

Yumaklı: The goal is to provide structural transformation in agriculture

Daily News

İbrahim Yumaklı took over the Ministry of Agriculture and Forestry from Vahit Kirişci. Stating that they set out to ensure that consumers have access to safe food...

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05 Jun 2023

"We have reached an agreement for the strong continuation of the joint mechanism"

Daily News

Stating that they addressed Turkey’s legitimate security concerns, Stoltenberg said, “We would like to underline the trilateral agreements between Sweden, Finland...

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05 Jun 2023

67 billion lira worth of incentives were given in April

Daily News

The Ministry of Industry and Technology issued 1,309 investment incentive certificates for April. The investment amount of the projects that received certificates...

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05 Jun 2023

Ömer Bolat: The goal is to increase production and trade

Daily News

Bolat, who took over the Ministry of Trade from Muş, stated that the main goal is to increase production and trade, and underlined that he wants to improve the cu...

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05 Jun 2023

France's retirement law published in the Official Gazette

Daily News

The decrees regarding the implementation of the controversial reform that extended the retirement age by two years in France and became law in April have begun to...

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02 Jun 2023

Oil set to finish the week lower

Daily News

Oil headed for its biggest weekly loss in a month as persistent demand concerns weighed on the market ahead of the OPEC+ meeting. U.S. crude rose to $71 a barrel ...

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02 Jun 2023

Ueda: Inflation will take time to reach BOJ target

Daily News

Japan’s trend inflation is likely to rise in the coming period, but the BOJ’s price stability target of 2 percent will take time to be achieved, Bank of Japan (BO...

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02 Jun 2023

Asian stock markets rise, led by Hong Kong

Daily News

In Asian markets, Hong Kong’s Hang Seng index led the gains. Hong Kong’s Hang Seng index rose 3 percent in the first hour of trading, leading gains in the broader...

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02 Jun 2023

US Senate passes debt limit bill

Daily News

The US Senate has approved a bill that would prevent the country from defaulting by increasing the debt limit. A vote was also held in the US Senate on the Fiscal...

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