News

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10 Aug 2023 09:21

Moody's: Turkey's credit rating may increase if orthodox policies continue

Daily News

Moody's stated in its report on Turkey that the implemented economic policies are positive for the credit outlook, but there is also a risk of a new policy revers...

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10 Aug 2023 09:20

Approval for Galatasaray’s capital increase through paid-up

Daily News

According to the decision included in the weekly CMB bulletin; Galatasaray Sportif Sinai ve Ticari Yatırımlar AŞ's paid-up capital increase has been approved. Gal...

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10 Aug 2023 09:19

Tekfen reports second quarter profit

Daily News

Tekfen Holding announced a net profit of TL 496 million in the second quarter of 2023. The expectation was for a net profit of TL 518 million. Tekfen Holding anno...

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08 Aug 2023 09:12

There are three countries on TAV's investment radar

Daily News

TAV CEO Serkan Kaptan said, “We operate 15 airports in 8 countries. We are following Lagos in Nigeria, Podgorica and Tivat in Montenegro, and Kuwait airports.” Ka...

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08 Aug 2023 09:12

Moody's downgrades US banks

Daily News

Moody’s has downgraded the credit ratings of 10 small and midsize banks in the U.S. The credit rating agency Moody’s has downgraded the credit ratings of 10 small...

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08 Aug 2023 09:12

Interest rate expectations from New York Fed President

Daily News

New York Fed President John Williams is predicting possible rate cuts in 2024. New York Fed President John Williams said rate cuts could happen next year if the d...

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08 Aug 2023 09:11

Household spending in Japan falls rapidly

Daily News

Household spending in Japan fell 4.2 percent year on year in June. Household spending in Japan fell 4.2 percent year on year in June, official data showed. The de...

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08 Aug 2023 09:11

Double-digit decline in China trade

Daily News

China saw double-digit declines in both imports and exports in July. China’s trade fell more than expected in July, with exports falling 14.5 percent and imports ...

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08 Aug 2023 09:10

Asian stock markets mixed after China data

Daily News

Asian markets mixed as China trade fell more than expected. Asia-Pacific markets were mixed on Tuesday after China’s July trade came in lower than expected. China...

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08 Aug 2023 09:10

20 percent additional tax on imports of certain jewellery

Daily News

According to the Presidential Decree published in the Official Gazette; an additional financial liability of 20 percent will be applied to imports of products mad...

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08 Aug 2023 09:09

US-Taiwan trade deal becomes law with Biden's signature

Daily News

US President Joe Biden has signed the trade agreement with Taiwan into law. It was reported that US President Joe Biden has signed the trade agreement between Tai...

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08 Aug 2023 09:09

US consumer loans rise more than expected

Daily News

Consumer loans in the US increased by $17.85 billion in June, above expectations. The US Federal Reserve (Fed) announced consumer loan data for June. Accordingly,...

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04 Aug 2023 10:12

Deposit interest rates continue to decline

Daily News

The downward momentum in deposit rates continues. Average deposit rates have fallen below 30 percent. While the latest data in Turkey show a significant increase ...

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04 Aug 2023 10:11

Funding support from the People's Bank of China to the private sector

Daily News

The People's Bank of China announced that it will increase funding support for the private sector after the private sector meeting. The People's Bank of China ann...

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04 Aug 2023 10:11

Reserve Bank of Australia cuts growth forecast

Daily News

The Reserve Bank of Australia has cut its growth outlook for 2023 to 1%. The Reserve Bank of Australia has cut its growth outlook for the country to 1% from its p...

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04 Aug 2023 10:11

Apple and Amazon announce their second quarter earnings

Daily News

US technology giant Apple’s revenue decreased by 1 percent annually in the April-June period, while e-commerce giant Amazon’s revenue increased by 11 percent. App...

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04 Aug 2023 10:10

Trump appears before judge

Daily News

Former US President Donald Trump has pleaded not guilty to charges brought against him in a federal court in Washington, DC, as part of the investigation into the...

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03 Aug 2023 12:11

Mehmet Şimşek's comment on inflation: We are in a transition period

Daily News

Minister of Treasury and Finance Mehmet Şimşek evaluated the July inflation data and stated that they are going through a process where disinflation and price sta...

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03 Aug 2023 12:10

The impact of rising US debt issuance on gold

Daily News

Gold traded sideways after falling to a three-week low on signs that the US labor market remains strong and bond yields rose. Gold traded sideways after falling t...

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03 Aug 2023 12:10

JPMorgan's No. 1 reacts to Fed plan

Daily News

According to JPMorgan CEO Jamie Dimon, the tightening capital rules will reduce the appetite of US banks for housing and SME loans. The Fed plan, which will tight...

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03 Aug 2023 12:09

Recovery after oil crash

Daily News

Oil rose after posting its biggest loss in five weeks as investors considered moving away from riskier assets amid signs of a tighter global crude market, includi...

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