China's Central Bank makes surprise interest rate cut
Daily NewsThe People’s Bank of China unexpectedly cut interest rates, assessing that the economy needs support. The People’s Bank of China (PBOC) unexpectedly cut policy ra...
Read MoreThe People’s Bank of China unexpectedly cut interest rates, assessing that the economy needs support. The People’s Bank of China (PBOC) unexpectedly cut policy ra...
Read MorePegasus announced a net profit of TL 1.9 billion in the second quarter of 2023, above market expectations. Pegasus announced a net profit of TL 1.925 billion in t...
Read MoreThe US Department of Justice announced that Switzerland-based UBS bank has agreed to pay $1.435 billion to settle a “fraud” case in the sale of residential mortga...
Read MoreGoldman Sachs economists expect the Fed to make its first rate cut in the second quarter of 2024. The Fed will begin cutting interest rates by the end of June, at...
Read MoreWhile automobile production and sales in China decreased in July compared to the same period last year, automobile exports increased. According to data from the C...
Read MoreIn a new sign of the fragility of China's economic recovery, imports of major industrial raw materials decreased in July. According to data from the General Admin...
Read MoreChina’s economy is showing little sign of recovery, with new stress on the property market and deflation threatening the growth outlook. Official data in China on...
Read MoreTwo earthquakes of magnitude 4.8 and 4.40 occurred in the Yeşilyurt district of Malatya at 16:39. According to information on the Disaster and Emergency Managemen...
Read MoreAccording to the data published by the Central Bank of the Republic of Turkey (TCMB), card spending rose to a record level of 181.6 billion TL in the week of Augu...
Read MoreThe Ministry of Trade has decided to temporarily ban certain international surveillance companies from operating. The "Communiqué on Temporary Ban of Internationa...
Read MoreThe second phase of prefabricated houses constructed by Ciner Group in Hatay has been delivered to the earthquake victims Hatay was the city that suffered the gre...
Read MoreThe downward momentum in deposit interest rates continued in the week of August 4. Interest rates on 1-3 month term deposits, which are predominant deposits, fell...
Read MoreThe Mexican Central Bank (Banxico) did not change its policy rate for the third consecutive meeting, as expected. The Mexican Central Bank kept its benchmark inte...
Read MoreDiesel fuel price increased by 1.80 liras per liter Following the increase in international fuel prices, there was an increase in the price of diesel fuel. The pr...
Read MoreThe Biden administration has asked Congress to approve $40 billion in additional emergency funding to address, primarily, assistance to Ukraine, disaster relief, ...
Read MoreChina has allowed group travel to many countries, including Turkey. China has lifted a ban on group travel to many countries, including the US, UK, Australia, Sou...
Read MoreThe Reserve Bank of India kept its policy rate unchanged, taking into account the inflation outlook. The bank also revised its 2024 inflation forecast upwards. Th...
Read MoreOil surges to a yearly high as supply risks simmer in tight market. Oil climbed to its highest in almost nine months on concerns that a possible escalation of the...
Read MoreThe chairman of the US House of Representatives Oversight and Accountability Committee, James Comer, has shared bank records showing that President Joe Biden’s so...
Read MoreUS President Joe Biden has issued an executive order that will ban certain US investments in national security technology products in China and require the report...
Read MoreUS technology giant Microsoft has announced a partnership with blockchain Aptos Labs to work on AI and web3. “We anticipate that AI will be incorporated into web3...
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