News

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04 May 2023

Brazilian Central Bank keeps interest rates unchanged

Daily News

The Brazilian Central Bank (BCB) did not change the benchmark interest rate as expected. The Brazilian Central Bank (BCB) did not change the benchmark interest ra...

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04 May 2023

Hong Kong raises interest rates after Fed

Daily News

China’s Hong Kong Special Administrative Region has increased its benchmark interest rate by the same percentage point due to its exchange rate regime pegged to t...

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04 May 2023

Asian stock markets mixed after Fed

Daily News

The Asia-Pacific region was mixed after the Fed raised interest rates by 25 basis points as widely expected, bringing the federal funds rate range to 5%-5.25%, th...

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04 May 2023

Gmail gets blue tick

Daily News

Google announced that starting today, Gmail will receive a blue tick. This feature, which was introduced for security purposes, will allow users to understand whe...

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04 May 2023

Microsoft to provide $350,000 loan to startups

Daily News

Microsoft has launched the Pegasus program, which provides loans of up to $350,000 for entrepreneurs. “Given the current economic environment, Microsoft’s Pegasus...

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04 May 2023

France rejects referendum to lower retirement age to 62

Daily News

In France, the Constitutional Council rejected the parliamentarians’ request to hold a “referendum to lower the retirement age to 62.” The Constitutional Council,...

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04 May 2023

Fed, which has been raising interest rates, signals a 'break' in June

Daily News

The US Federal Reserve raised its policy rate by 25 basis points, as expected. The bank signaled that the fastest tightening cycle in history was paused. The phra...

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04 May 2023

100 million TL investment from Letven Capital to Linktera

Daily News

Letven Capital invested 100 million TL in Linktera. Linktera CEO Taşkın Osman Aksoy stated that with this investment and partnership, they will accelerate their t...

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03 May 2023

Automotive sales hit record in April

Daily News

The automobile and light commercial vehicle market in April increased by 62.7 percent compared to the previous year, reaching 97,679 units. Thus, a record number ...

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03 May 2023

Dubai Islamic Bank prepares for acquisition in Turkey

Daily News

Dubai Islamic Bank has received approval from its board of directors for a digital banking acquisition in Turkey. The Board of Directors of Dubai Islamic Bank has...

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03 May 2023

New regulation regarding the presentation of checks in earthquake zones

Daily News

The deadlines for presenting checks of real and legal persons in the earthquake zone have been suspended until June 9. The deadlines for presenting checks of real...

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03 May 2023

appointments to BDDK

Daily News

Three members of the Banking Regulation and Supervision Agency (BDDK) have been appointed. Ahmet Aksu, Süleyman Çelik and Mehmet Ertürkmen were appointed to three...

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03 May 2023

South Korea's Central Bank Governor issues interest rate cut message

Daily News

The governor of the Bank of Korea said it was "too early" to talk about rate cuts. Bank of Korea Governor Rhee Chang-yong said it was too early to talk about rate...

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03 May 2023

Asian stocks down ahead of Fed

Daily News

Asia-Pacific stocks fell broadly on Wednesday as investors awaited the Federal Reserve’s policy decision overnight. Most economists said they expected the Fed to ...

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03 May 2023

Halkbank's compensation lawsuit statement

Daily News

In a statement made to the Public Disclosure Platform (KAP) regarding the legal case filed against the bank in the US by Halkbank, it was stated that "The Second ...

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03 May 2023

Erdemir announced its first quarter balance sheet

Daily News

Erdemir made a net profit of TL 90 million in the first quarter of 2023, slightly above the market expectation of TL 22 million Erdemir made a net profit of TL 90...

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03 May 2023

Koç Holding's first quarter profit in line with expectations

Daily News

Koç Holding's first quarter net profit was TL 16.772 billion, in line with expectations. Koç Holding's net profit in the first quarter of the year increased by 15...

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02 May 2023

Hamdi Ulukaya is the new President of the American-Turkish Business Council

Daily News

Hamdi Ulukaya has appointed as the new president of the American-Turkish Business Council, which was established within the U.S. Chamber of Commerce in 2013 to im...

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02 May 2023

Surprise move from the Reserve Bank of Australia

Daily News

Despite the decline in inflation, the Reserve Bank of Australia (RBA) has increased its policy rate once again, contrary to analysts' estimates. In a surprise mov...

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02 May 2023

Oil holds on to losses on banking concerns

Daily News

Oil held on to losses as worries about China’s economic outlook and cautious sentiment in financial markets triggered by the banking crisis took hold. U.S. crude ...

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02 May 2023

Asian stock markets mixed

Daily News

Asia-Pacific markets were mixed on Tuesday as most markets bounced back from Labor Day. Investors will be watching closely to see if the Reserve Bank of Australia...

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