News

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11 Apr 2023

Kiler Holding to examine digital banking

Daily News

Kiler Holding announced its decision to examine areas such as digital banking, financial leasing, and hydrogen energy in the participation banking sector in line ...

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11 Apr 2023

Weak inflation in China

Daily News

China’s consumer inflation slowed in March despite a recovery in economic activity, while producer prices narrowed further, leaving the central bank with room to ...

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11 Apr 2023

South Korea keeps interest rates steady for second time

Daily News

The Bank of Korea kept interest rates steady at 3.5 percent, in line with expectations. The Korean won strengthened slightly after moving to 1,319.68 against the ...

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11 Apr 2023

Asian stock markets rise

Daily News

Stocks in Asia-Pacific rose on Tuesday, led by the central bank of South Korea. Stocks in Asia-Pacific rose on Tuesday after the Bank of Korea kept interest rates...

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11 Apr 2023

İMECE satellite launch operation postponed

Daily News

It was reported that the launch operation of İMECE, Turkey’s first domestic and national observation satellite with sub-meter resolution, has been postponed. In a...

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11 Apr 2023

National emergency due to Covid-19 has been ended in the US

Daily News

US President Joe Biden has signed the bill to end the national emergency related to the Covid-19 pandemic. Biden approved the bill, which was proposed by Republic...

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11 Apr 2023

Minister Kurum: There are 1.5 million houses in Istanbul that need to be transformed

Daily News

Minister of Environment, Urbanization and Climate Change Murat Kurum said, "There are 1.5 million houses in Istanbul that need urgent and priority transformation....

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11 Apr 2023

US consumers' short-term inflation expectations rise

Daily News

The U.S. Federal Reserve (Fed) New York Branch announced that American consumers’ short-term inflation expectations increased from 4.2 percent in March to 4.7 per...

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10 Apr 2023

End of the global rate hike cycle?

Daily News

According to Bloomberg Economics, most global central banks are either nearing the end of their rate hikes or have already ended their rate hike cycle and are pre...

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10 Apr 2023

Tesla is building a new megafactory in China

Daily News

Tesla has announced that it will open a new megafactory with the capacity to produce 10,000 Megapacks per year. Tesla announced in a tweet on Sunday that it will ...

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10 Apr 2023

Binance is struggling to find a banking partner

Daily News

Binance US, the US subsidiary of Binance, one of the world’s largest cryptocurrency platforms, is struggling to find a bank to handle its customers’ cash after th...

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10 Apr 2023

Koza Gold found new reserves worth $1.2 billion

Daily News

Koza Altın AŞ, managed by the Savings Deposit Insurance Fund (TMSF), has reached new gold reserves worth 1.2 billion dollars as a result of its gold exploration a...

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10 Apr 2023

Record order from France to China's shipbuilding company CSSC

Daily News

During French President Emmanuel Macron’s visit to China, a record-breaking agreement was signed between the two countries in the shipping sector. According to th...

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10 Apr 2023

Minister Nebati: The main issue is inflation

Daily News

Treasury and Finance Minister Nebati stated that their most fundamental issue right now is inflation, and that inflation has entered a downward trend since Novemb...

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07 Apr 2023

Oil's biggest weekly rally of 2023

Daily News

Oil extended its rise for a third week on OPEC+’s decision to cut production and a drop in U.S. inventories. U.S. crude rose above $80 a barrel, extending its wee...

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07 Apr 2023

'2 thousand dollars' defense in gold

Daily News

As recession signals intensify, the trend above this level, which has exceeded $2,000 due to safe haven purchases, continued on the last trading day of the week. ...

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07 Apr 2023

Ziraat Bank provided syndication

Daily News

Ziraat Bank secured a syndicated loan of $423 million and €779 million, totaling $1.3 billion. Ziraat Bank renewed the syndicated loan it received last year. The ...

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07 Apr 2023

TCMB tightened the security requirement for high-interest loans

Daily News

The Central Bank of the Republic of Turkey (TCMB) also made arrangements regarding loans in the amendment it made to the securities facility circular. With the re...

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07 Apr 2023

Holiday mood in Asian markets

Daily News

Most indices in Asia Pacific remained closed for a holiday, while Japan’s Nikkei traded 0.06 percent and the Topix gained 0.22 percent. In Asia, stocks traded hig...

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07 Apr 2023

Additional required reserve for banks that cannot meet the 60% TL share in deposits

Daily News

An additional 5 points of foreign currency required reserve requirement will be applied to banks whose share of TL in total deposits is below 60 percent The amend...

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07 Apr 2023

Amendment to the General Communiqué on Corporate Tax

Daily News

The circular regarding amendments to the General Communiqué on Corporate Tax by the Ministry of Treasury and Finance (Revenue Administration) was published in the...

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