News

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22 Aug 2023 09:13

EU supports Western Balkans, Ukraine and Moldova’s membership

Daily News

The European Union (EU) reiterated its support for the EU membership perspectives of the Western Balkan countries, Ukraine and Moldova. EU Council President Charl...

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22 Aug 2023 09:12

Bond pressure on Asian stock markets

Daily News

Asian markets rose as the yield on the 10-year U.S. Treasury note rose to a 16-year high. Asia-Pacific markets were broadly higher despite yields on the 10-year U...

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21 Aug 2023 08:50

Hopes for a soft landing in the US rise

Daily News

survey conducted by the National Association for Business Economics (NABE) in the US indicated that confidence is growing that the Fed can deliver a soft landing ...

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21 Aug 2023 08:50

Country Garden Holdings to be delisted from Hang Seng Index

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Chinese property company Country Garden Holdings is being removed from Hong Kong’s Hang Seng Index. Chinese property company Country Garden Holdings will be remov...

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21 Aug 2023 08:49

China cuts 1-year prime loan interest rate

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In an effort to support the economy, the People’s Bank of China (PBOC) also lowered its one-year prime lending rate but surprised markets by leaving the five-year...

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21 Aug 2023 08:49

China's message of "support for ASEAN's central role"

Daily News

Chinese Foreign Minister Wang Yi said his country supports the central role of the Association of Southeast Asian Nations (ASEAN) in regional development and inte...

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21 Aug 2023 08:48

China's central bank calls on banks to increase lending

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People’s Bank of China (PBoC) officials have asked banks to increase lending. Chinese banks issued the lowest monthly loan amount since 2009 in July. The central ...

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21 Aug 2023 08:47

Access to nearly 253 thousand malicious internet addresses was blocked

Daily News

Minister of Transport and Infrastructure Abdulkadir Uraloğlu stated that the risks related to vulnerabilities can be proactively detected through regular scans fo...

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21 Aug 2023 08:46

Russian spacecraft Luna-25 crashed into the Moon's surface

Daily News

The Russian Federal Space Agency (Roscosmos) announced that the Russian spacecraft Luna-25 crashed into the surface of the Moon and broke apart. In a written stat...

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18 Aug 2023 11:19

Vietnam's richest man's fortune melted away in 2 days

Daily News

VinFast owner Pham Nhat Vuong’s fortune has slumped 40 percent in two days, to $26.2 billion. VinFast Auto Ltd. is coming back down to earth after an astronomical...

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18 Aug 2023 11:18

Turkey's IIP deficit reached $252.9 billion in June

Daily News

The net International Investment Position (IIP) deficit, defined as the difference between Turkey's assets abroad and its liabilities abroad, stood at 252.9 billi...

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18 Aug 2023 11:17

67 million lira fine from the Ministry of Trade

Daily News

The Ministry of Trade made a statement about the inspections conducted within the scope of consumer protection and market surveillance and the penalties imposed o...

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18 Aug 2023 11:14

Şekerbank secured a 7-year term loan from US-based DFC

Daily News

Şekerbank signed a $100 million loan agreement with the US Government agency US International Development Finance Corporation (DFC). Şekerbank's 7-year term loan ...

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18 Aug 2023 11:14

China's yuan move

Daily News

China is trying to strengthen the weakening yuan with the daily reference exchange rate weapon. The People's Bank of China set the yuan fix at 7.2006 per dollar. ...

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18 Aug 2023 11:13

Core inflation falls in Japan

Daily News

The annual increase in consumer prices excluding fresh food in Japan fell to 3.1 percent in July, in line with economists’ expectations. While the inflation data ...

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18 Aug 2023 11:13

China Evergrande files for bankruptcy in US

Daily News

China Evergrande has filed for protection from creditors in U.S. bankruptcy court. Real estate giant China Evergrande Group, whose default two years ago precipita...

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17 Aug 2023 12:30

Param acquires Czech fintech firm Twisto

Daily News

Param announced that it has acquired the Czech fintech company Twisto in line with its growth strategy abroad. Param has acquired the Czech “Buy now, pay later” p...

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17 Aug 2023 12:30

Partial start of oil production in northern Iraq

Daily News

The Norwegian DNO ASA, which produces oil in northern Iraq, announced last month that it had begun test oil production from the Tawke field and was continuing pro...

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17 Aug 2023 12:29

Signal of continued tightening from the Norwegian Central Bank, which increased interest rates

Daily News

The Norwegian Central Bank lowered its policy rate to 4 percent, in line with expectations, and signaled a final increase for September. The Norwegian Central Ban...

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17 Aug 2023 12:29

Short-term external debt stock increased in June

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As of the end of June, short-term external debt stock increased by 9.2 percent compared to the end of 2022, reaching 162.8 billion dollars. According to data publ...

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17 Aug 2023 12:28

Şimşek: Simplification and tightening steps will continue

Daily News

Treasury and Finance Minister Mehmet Şimşek stood before the cameras at the 66th General Assembly of the Banks Association of Turkey. Şimşek said in his speech th...

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