News

image
11 May 2023

JPMorgan/Dimon: Debt ceiling dispute could cause panic

Daily News

JPMorgan Chase CEO Jamie Dimon has warned that the ongoing disagreement in Congress over the federal debt ceiling, the lack of a solution and the potential for a ...

Read More
image
11 May 2023

Inflation in China falls to 2-year low

Daily News

Consumer inflation in China fell to its lowest level in two years in April. According to data from China’s National Bureau of Statistics, consumer prices rose by ...

Read More
image
11 May 2023

Asian stock markets mixed

Daily News

Asian stock markets were mixed as investors weighed U.S. consumer prices and inflation data in China. Asia-Pacific markets were mixed after Wall Street saw a tech...

Read More

Warning from Biden: The whole world will be in trouble

Daily News

US President Joe Biden warned that "the whole world will be in trouble" if the US defaults. Biden reported at a program he attended in New York that world leaders...

Read More
image
11 May 2023

US budget posted a $176 billion surplus in April

Daily News

The US federal government's budget surplus fell short of expectations at $176 billion in April. The US Treasury Department released its budget balance report for ...

Read More
image
11 May 2023

AP calls for tax on financial transactions and crypto assets

Daily News

The European Parliament (EP) has requested that taxes be levied on companies, financial transactions and crypto assets in order to repay the common debts of the E...

Read More
image
11 May 2023

Pegasus announces first quarter earnings

Daily News

Pegasus announced a higher-than-market loss in the first quarter of 2023, while its foreign exchange-based loss was 22 million euros Pegasus announced a loss of T...

Read More
image
11 May 2023

Fed may pause after inflation data

Daily News

The Fed may pause interest rate hikes after data showing that inflation in the US moderated in April. The latest inflation data released in the US may create an o...

Read More
image
10 May 2023

Billionaire investor warns of 'hard landing'

Daily News

While attention in the US is focused on developments in the debt limit and inflation data, the effects of the Fed's path on economic activity continue to be discu...

Read More
image
10 May 2023

ECB's Schnabel: We will continue to raise interest rates until core inflation falls

Daily News

The European Central Bank will continue to raise borrowing costs until it sees core inflation falling sustainably, ECB executive board member Isabel Schnabel said...

Read More
image
10 May 2023

Oil rises on US reserve plan

Daily News

Oil rose after the U.S. announced plans to replenish strategic reserves. Oil reversed course at midday, extending gains for a fourth day after the Biden administr...

Read More
image
10 May 2023

Asian stock markets eye US inflation

Daily News

Asia-Pacific stocks fell on Wednesday as investors awaited U.S. inflation figures and the Federal Reserve’s subsequent moves for clues about the path ahead. Econo...

Read More
image
10 May 2023

New York jury finds Trump 'liable'

Daily News

In a New York court, a jury has ruled that former US President Donald Trump is "liable" for sexual assault in a case in which he was accused of rape and insult by...

Read More
image
10 May 2023

Fitch expects “weak performance” for US banks

Daily News

International credit rating agency Fitch reported that it expects weaker financial performance for US banks this year, and that this performance may vary dependin...

Read More
image
10 May 2023

Apple to Transfer Executive to Automotive Giant General Motors

Daily News

General Motors has tapped Apple Engineering Vice President Mike Abbott to lead its in-car software efforts. As automakers shift to electric vehicles, software has...

Read More
image
10 May 2023

Additional quota for students in earthquake zones

Daily News

President Erdoğan announced that an additional 25 percent quota will be allocated for high school students in earthquake zones in state universities in their own ...

Read More
image
09 May 2023

Petrol and diesel prices increased

Daily News

The price of gasoline per liter has increased by 43 kuruş, and the price of diesel per liter has increased by 66 kuruş Following the discounts made last week, fue...

Read More
image
09 May 2023

China's exports rise above expectations

Daily News

China’s exports increased by 8.5 percent on an annual basis in April, exceeding economists’ expectations. While China’s exports continued to grow in April, import...

Read More
image
09 May 2023

Asian markets mixed as China's trade surplus beats expectations

Daily News

Asian markets were mixed as China’s trade surplus beat expectations. Asia-Pacific markets were mixed as China’s trade surplus beat expectations and exports rose 8...

Read More
image
09 May 2023

Twitter removes inactive accounts

Daily News

Twitter CEO Elon Musk announced that accounts that have been inactive for several years will be removed from the social media platform. Musk shared a post on his ...

Read More
image
09 May 2023

US banks tighten lending conditions in first quarter

Daily News

The Fed reported that banks in the country tightened credit conditions for companies in the first quarter of this year. The Fed released the "Senior Credit Office...

Read More