News

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09 May 2023

ECB Chief Economist: Inflation momentum remains high

Daily News

European Central Bank (ECB) Chief Economist Philip Lane said that inflation momentum in the Eurozone is still high but will slow down by the end of the year. ECB ...

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09 May 2023

US consumers' short-term inflation expectations fall

Daily News

The US Federal Reserve (Fed) New York Branch announced that American consumers’ short-term inflation expectations decreased from 4.7 percent in April to 4.4 perce...

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09 May 2023

Treasury cash balance posted a deficit of 159.1 billion TL in April

Daily News

The Treasury cash balance had a deficit of 159 billion 62 million Turkish Lira in April. The Ministry of Treasury and Finance announced the cash realizations for ...

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08 May 2023

Oil eases after weekly losses

Daily News

Oil was flat as investors weighed a mixed outlook for global crude demand after a period of volatile trading. U.S. crude rose more than 4% on Friday to hold above...

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08 May 2023

China increases gold reserves

Daily News

China increased its gold reserves for a sixth straight month as central banks around the world expanded their bullion holdings amid rising geopolitical and econom...

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08 May 2023

Japan's service sector grows at record pace

Daily News

Japan’s services sector activity expanded at a record pace in April. Au Jibun Bank’s services sector purchasing managers’ index (PMI) came in at 55.4 in April, ab...

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08 May 2023

Asian stocks rise after Wall Street rally

Daily News

Asian stocks were broadly higher on Friday after Wall Street rebounded. Asia-Pacific stocks were broadly higher on Monday after Wall Street snapped a four-day los...

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08 May 2023

Yellen: We must raise debt ceiling to avoid disaster

Daily News

US Treasury Secretary Janet Yellen emphasized that the US would not be able to pay its “bills” if Congress does not raise the debt limit and said, “We need to rai...

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08 May 2023

Statement from SGK on holiday bonus for EYT employees

Daily News

The Social Security Institution (SGK) announced that the Eid bonuses of those whose income and monthly connection processes were concluded in April and whose mont...

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08 May 2023

Education will be suspended for 1 day after the elections

Daily News

Minister of National Education Mahmut Özer announced that there will be a 1-day break in education on May 15, the day after the Presidential and 28th Term General...

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05 May 2023

Ziraat Bank's $1 billion securitization transaction

Daily News

Ziraat Bank provided $1 billion in foreign financing through securitization based on remittance flows. Ziraat Bank announced that it completed the establishment o...

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05 May 2023

New discount on diesel

Daily News

Following the discount on diesel yesterday, there was a 49 kuruş discount on the liter price today as well. The average liter price in Istanbul dropped below 18 l...

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05 May 2023

Approval from BRSA for the establishment of SLM Investment Bank

Daily News

The Banking Regulation and Supervision Agency (BDDK)'s decision regarding the establishment permit for SLM Investment Bank Inc. was published in the Official Gaze...

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05 May 2023

Teknopark Istanbul will host 400 entrepreneurs from the gaming sector

Daily News

Teknopark İstanbul General Manager Bilal Topçu said that they will take 400 entrepreneurs who develop projects in the fields of game sector technologies, AR, and ...

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05 May 2023

Asian stocks mixed on banking concerns

Daily News

Asia-Pacific markets were mixed as banking concerns reignited on Wall Street Asia-Pacific markets were mixed as banking concerns reignited on Wall Street. The thr...

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05 May 2023

China's economic development message to the US

Daily News

China has sent a message to the U.S. that “economic pressure and restrictions cannot stop our development.” China has sent a message that the U.S.’s efforts to ob...

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05 May 2023

Free natural gas usage principles in the Official Gazette

Daily News

The Energy Market Regulatory Authority (EMRA) decision determining the principles of free natural gas use has been published in the Official Gazette. The Energy M...

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05 May 2023

Apple's revenue beats estimates on iPhone sales

Daily News

US technology giant Apple’s revenue in the January-March period decreased by 3 percent annually to $94.8 billion, yet it exceeded market expectations. Apple annou...

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05 May 2023

Denial of sales claims from US Western Alliance

Daily News

US regional bank Western Alliance has denied reports that it has hired consultants to explore strategic options for a sale. The Phoenix-based bank said in a state...

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05 May 2023

First Horizon and TD Bank terminate merger agreement

Daily News

Tennessee-based First Horizon and Canadian TD Bank announced that they have mutually terminated the merger agreement they announced last year. In a joint statemen...

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04 May 2023

China's Caixin manufacturing PMI down on weak demand

Daily News

China’s manufacturing activity unexpectedly fell in April on weak demand, adding to signs of an uneven economic recovery. The China Caixin manufacturing purchasin...

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