News

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04 Apr 2023

Negative expectations in global markets

Daily News

Two Wall Street strategists have issued warnings to stock investors. Rising oil prices and weak data from the US real sector are affecting stock and bond markets....

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04 Apr 2023

Australia pauses interest rate hikes

Daily News

The Reserve Bank of Australia has paused its 10-meeting rate hike, keeping interest rates steady at 3.6 percent. The Reserve Bank of Australia (RBA) paused its ra...

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04 Apr 2023

JPMorgan strategist issues stock warning

Daily News

The risk-on mood that has fueled this year’s stock rally, headwinds from banking turbulence, an oil shock and slowing growth are set to send stocks back to their ...

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03 Apr 2023

China's Caixin manufacturing PMI below expectations in March

Daily News

The manufacturing purchasing managers index, compiled by Caixin/Markit, fell to 50.0 in March from 51.6 in February. China’s Caixin/Markit manufacturing purchasin...

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03 Apr 2023

Tesla increases vehicle deliveries by 36 percent in first quarter

Daily News

U.S. electric vehicle maker Tesla reported that total deliveries were 422,875 units in the first quarter of 2023, while total production was 440,808. Tesla on Sun...

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03 Apr 2023

McDonald's reportedly preparing for layoffs

Daily News

American quick-service restaurant chain McDonald's has reportedly temporarily closed its US offices this week and is preparing to lay off employees. The Wall Stre...

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03 Apr 2023

Asian stocks rise after OPEC+ cut

Daily News

Asia-Pacific markets were broadly higher on Monday as investors weighed key manufacturing data from the region. Brent crude futures and U.S. crude (WTI) rose as m...

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03 Apr 2023

Bulgarian voters point to coalition

Daily News

The message from the ballot boxes in Bulgaria is a coalition government The voting process for the 5th parliamentary election held in Bulgaria in the last 2 years...

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03 Apr 2023

Conservatives win the ballot box in Finland

Daily News

Early voting results in Finland show the conservative National Coalition Party in the lead. According to the results of early voting for the general election in F...

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03 Apr 2023

End of an era at Volkswagen

Daily News

Volkswagen does not plan to develop an internal combustion engine for the Golf model It has been reported that German automaker Volkswagen does not plan to develo...

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03 Apr 2023

UBS plans massive layoffs after merger

Daily News

Swiss banking giant UBS, which has signed a historic merger with Credit Suisse, plans to lay off 20-30 percent of its employees. The banking crisis in Switzerland...

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03 Apr 2023

Minister Nebati: Banking has significant capital buffer

Daily News

Minister of Treasury and Finance Nureddin Nebati said, “Our banking sector has a significant amount of capital buffer against potential risks.” Minister of Treasu...

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31 Mar 2023

Turkey's bread wheat sufficiency rate dropped to 79.9 percent

Daily News

Turkish Statistical Institute (TurkStat) has published the Plant Products Balance Tables for the 2021-2022 season. Turkey's bread wheat sufficiency degree decreas...

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31 Mar 2023

Japan tightens export controls on chips to China

Daily News

The Japanese government will add 23 products to the list of products subject to export controls. The move will make it harder for companies to export to China. Th...

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31 Mar 2023

EBRD invests 140 million euros for Antalya Airport

Daily News

The European Bank for Reconstruction and Development is providing a 140 million euro loan to Fraport TAV Antalya Investment for the airport investment in Antalya....

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31 Mar 2023

Reinsurance support for the Receivables Insurance System

Daily News

The State-Supported Commercial Receivables Insurance System, established for the purpose of effectively protecting risks within the scope of commercial receivable...

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31 Mar 2023

BDDK granted operating permit to TOM Participation Bank Inc.

Daily News

The BDDK has granted an operating permit to TOM Participation Bank Inc. The Banking Regulation and Supervision Agency's (BDDK) decision to grant an operating perm...

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31 Mar 2023

Fed's borrowing has decreased

Daily News

In the US, bank applications for the Fed’s lending facilities decreased last week, indicating a reduced need for liquidity. Institutions’ borrowing level, which w...

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31 Mar 2023

Postponement of customs duty on iron and steel

Daily News

The effective date of the customs duties to be applied on iron and steel products has been postponed to early May The effective date of flat-rolled products of al...

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31 Mar 2023

Toyota's February global sales rise 10.3 percent

Daily News

Toyota Motor's global sales in February reached a record level, rising by 10.3 percent compared to the same period last year. According to the Japanese company's ...

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31 Mar 2023

Fitch draws attention to post-election currency risk

Daily News

Fitch Ratings EMEA Senior Director Erich Arispe stated that the first item on the agenda of the government that will come after the elections in Turkey will be fo...

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