News

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18 Apr 2023

Bank of America and Goldman Sachs report first quarter earnings

Daily News

The second largest bank in the US, Bank of America, reported first quarter profits that exceeded estimates. Another banking giant, Goldman Sachs, reported profits...

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18 Apr 2023

EU: We should reduce risks instead of decoupling from China

Daily News

European Union (EU) Commission President Ursula von der Leyen said that the EU, instead of diverging in its relations with China, needs to reduce risks by clearly...

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18 Apr 2023

Ernst&Young is preparing to lay off 3,000 people

Daily News

International consulting, auditing and tax company EY (Ernst&Young) announced that it will reduce its workforce in the US by 5 percent due to the current economic...

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18 Apr 2023

Fixed price period extended in Agricultural Credit markets

Daily News

It was reported that the fixed price campaign launched for basic food and cleaning products in Agricultural Credit Cooperative Markets has been extended for 1 mon...

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18 Apr 2023

BofA survey suggests stocks will fall in Europe

Daily News

According to a survey conducted by Bank of America among 150 European fund managers, 70 percent of respondents expect a downward movement in European stocks, whil...

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17 Apr 2023

DASK's damage payment exceeded 19 billion TL

Daily News

The Natural Disaster Insurance Institution (DASK) has made damage payments exceeding 19 billion TL to date following the earthquakes centered in Kahramanmaraş. In...

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17 Apr 2023

Europower Energy IPO size reached 2.44 billion TL

Daily News

In Europower Energy's IPO, 60 million shares were sold at a price of 40.60 TL. In Europower Energy's IPO, 60 million shares were sold at a price of 40.60 TL. Acco...

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17 Apr 2023

Internal processing permit for 497 companies

Daily News

The Ministry of Trade issued permits for 497 companies in March within the scope of the inward processing regime. The Ministry's lists of inward processing permit...

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17 Apr 2023

Car production increased by 34 percent

Daily News

In the first quarter, total automotive production increased by 21 percent annually to 366 thousand 597 units. Automobile production increased by 34 percent to 222...

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17 Apr 2023

Lagarde: Limited tightening of credit could make ECB's job easier

Daily News

European Central Bank President Christine Lagarde said a limited tightening of credit could make the ECB’s job easier. European Central Bank President Christine L...

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17 Apr 2023

The search for balance in oil

Daily News

Oil seeks stability after four weeks of gains as International Energy Agency warns of price hikes Oil prices were flat after advancing for a fourth week on signs ...

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17 Apr 2023

China's central bank keeps interest rates unchanged

Daily News

The People’s Bank of China kept the one-year Medium-Term Credit Facility (MLF) rate unchanged at 2.75%. The People’s Bank of China injected 170 billion yuan ($25 ...

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17 Apr 2023

Yellen: Fed may have less need to raise interest rates further

Daily News

U.S. banks are likely to become more cautious after recent bank failures and may tighten lending further, Treasury Secretary Janet Yellen said on Friday. Banks ar...

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17 Apr 2023

Asian markets started the week on a mixed note

Daily News

Asia-Pacific markets were mixed on Monday. Quarterly earnings reports will shed light on the health of the U.S. financial sector in the wake of the collapse of Si...

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14 Apr 2023

ECB sends message of 'continued tightening'

Daily News

The number of officials who are of the opinion that interest rate hikes should continue at the European Central Bank (ECB) is increasing. Messages of interest rat...

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14 Apr 2023

Fed Chair Powell Meets with Chinese Counterpart Yi Gang

Daily News

Fed Chair Powell and People's Bank of China Governor Yi Gang have met face to face for the first time since 2020. Fed Chair Jerome Powell and People's Bank of Chi...

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14 Apr 2023

Highways and bridges are free on the Sugar Feast and April 23

Daily News

Due to the Sugar Feast holiday and April 23 National Sovereignty and Children's Day, there will be no tolls on highways and bridges under the responsibility of th...

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14 Apr 2023

BOJ Governor Ueda's forecast on wages and global economy

Daily News

Bank of Japan Governor Kazuo Ueda said on his first international call that he expects the global economy to recover after a period of slowdown, which would help ...

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14 Apr 2023

Oil on track for fourth consecutive week of gains

Daily News

Oil headed for a fourth straight weekly gain, supported by a tightening global market and a weaker dollar. U.S. crude rose nearly 2 percent on the week and rose t...

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14 Apr 2023

Number of firms going bankrupt in Japan increases in fiscal 2022

Daily News

It was reported that corporate bankruptcies increased in Japan in the 2022 fiscal year, which ended in March. Credit research organization Teikoku Databank invest...

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14 Apr 2023

Growth forecast from China's central bank governor

Daily News

The Governor of the People's Bank of China, Yi Gang, said that the Chinese economy will likely grow by around 5% this year. The Governor of the People's Bank of C...

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