News

image
14 Apr 2023

Singapore makes surprise decision to keep monetary policy unchanged

Daily News

The Reserve Bank of Singapore left monetary policy unchanged on Friday. The Monetary Authority of Singapore (MAS) made a surprise decision not to change its monet...

Read More
image
14 Apr 2023

Asian stock markets mostly higher

Daily News

Asia-Pacific stocks were broadly higher on Friday, following Wall Street’s moves as the U.S. producer price index gave further signs that inflation is cooling. Th...

Read More
image
13 Apr 2023

Akbank secured a syndicated loan

Daily News

Akbank secured a social themed syndicated loan from international markets consisting of two tranches in dollars and euros. Akbank secured a social themed syndicat...

Read More
image
13 Apr 2023

IEA/Birol: Supply contraction will push oil prices up

Daily News

The President of the International Energy Agency (IEA), Fatih Birol, stated that OPEC+’s decision to cut production will push prices up. The President of the Inte...

Read More
image
13 Apr 2023

Global markets test interest rates

Daily News

Global markets are trying to assess the level at which interest rates will peak after the US inflation data released yesterday, the Fed minutes and the statements...

Read More
image
13 Apr 2023

Apple in talks with suppliers to produce MacBooks in Thailand

Daily News

Apple is also negotiating with suppliers to produce MacBooks after Apple Watch production in Thailand. According to the Nikkei newspaper, Apple is negotiating wit...

Read More
image
13 Apr 2023

China's exports rise unexpectedly

Daily News

China’s exports unexpectedly rose in March, its first gain in six months. Exports rose 14.8 percent in dollar terms last month from a year earlier, while imports ...

Read More
image
13 Apr 2023

Softbank sells majority of its stake in Alibaba

Daily News

Japanese investment firm SoftBank Group is to sell almost all of its stake in China’s Alibaba Group Holding. Softbank is preparing to sell all of its remaining st...

Read More
image
13 Apr 2023

Limits increased in urban transformation loans

Daily News

The Presidency's "Decision on Amendments to the Decision on Interest Support to be Provided for Loans to be Used from Banks by Rightholders within the Scope of La...

Read More
image
13 Apr 2023

Asian stock markets mixed after Fed minutes

Daily News

Asia-Pacific markets were mixed on Thursday after minutes of the March Federal Open Market Committee meeting showed that Fed officials believe the U.S. economy ha...

Read More
image
13 Apr 2023

G7's message to protect macroeconomic and financial stability

Daily News

The G7 finance ministers committed to maintaining macroeconomic and financial stability and increasing supply chain diversity. The finance ministers and central b...

Read More
image
12 Apr 2023

Energy protocol discussed with Türkiye in Saudi Arabia

Daily News

Diplomatic normalization with Iran and energy protocol with Turkey were discussed in Saudi Arabia. The Saudi Arabian Council of Ministers discussed developments r...

Read More
image
12 Apr 2023

Collective labor agreement signed at Migros

Daily News

According to the agreement between Migros and Tez-Koop. Labor Union, employees will receive a raise at rates varying between 56 percent and 71 percent in January ...

Read More
image
12 Apr 2023

Oil continues to rise on expectation of increased stocks

Daily News

Crude oil prices continue to rise ahead of data expected to show that inventories are falling in the US sector report. Oil prices are trading near their highest l...

Read More
image
12 Apr 2023

Oil continues to rise on expectation of increased stocks

Daily News

Crude oil prices continue to rise ahead of data expected to show that inventories are falling in the US sector report. Oil prices are trading near their highest l...

Read More
image
12 Apr 2023

Steps to increase reserves from major banks

Daily News

In the US, some of the major banks that deposited a total of $30 billion in deposits to First Republic Bank for at least 120 days in order to calm the markets and...

Read More
image
12 Apr 2023

Unemployment in South Korea rises in March

Daily News

South Korea’s unemployment rate rose to 2.7 percent in March South Korea’s unemployment rate rose to 2.7 percent in March from 2.6 percent in February, government...

Read More
image
12 Apr 2023

BRSA granted operating license to Tera Investment Bank

Daily News

The Banking Regulation and Supervision Agency (BDDK) granted an operating permit to Tera Yatırım Bankası AŞ. The BDDK's decision on the subject was published in t...

Read More
image
12 Apr 2023

Minneapolis Fed President comments on inflation

Daily News

Minneapolis Federal Reserve Bank President Neel Kashkari said he believes inflation will reach 3% to 3.8% by the end of this year, well above the Fed’s 2% target....

Read More
image
12 Apr 2023

Fed/Goolsbee: Caution should be exercised on rate hikes

Daily News

Chicago Fed President Austan Goolsbee said the Fed should be cautious about raising interest rates amid recent tensions in the banking sector. Chicago Fed Preside...

Read More
image
12 Apr 2023

Asian stock markets mixed ahead of US inflation data

Daily News

Markets in Asia-Pacific were mixed on Wednesday as investors awaited key U.S. inflation data that will determine the Fed’s progress in its tightening cycle. Econo...

Read More