News

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30 Jun 2023 08:32

Powell: We continue to monitor banking closely

Daily News

Fed Chairman Jerome Powell said on Thursday that the Fed was monitoring developments in the banking sector “very carefully” due to potential vulnerabilities such ...

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30 Jun 2023 08:31

Powell signals two consecutive rate hikes

Daily News

US Federal Reserve (Fed) Chairman Jerome Powell has signaled that they are open to two consecutive rate hikes at upcoming meetings. Fed Chairman Powell spoke at a...

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29 Jun 2023 08:47

S&P affirms China's credit rating

Daily News

International credit rating agency Standard & Poor's (S&P) has affirmed China's long-term and short-term credit ratings at "A+/A-1" and maintained the credit rati...

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29 Jun 2023 08:46

Powell signals two consecutive rate hikes

Daily News

US Federal Reserve (Fed) Chairman Jerome Powell has signaled that they are open to two consecutive rate hikes at upcoming meetings. Fed Chairman Powell spoke at a...

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29 Jun 2023 08:46

EU prepares for digital euro

Daily News

The EU Commission has announced its proposed regulation to create a legal framework for the use of the digital euro. The aim of the regulation is to make the digi...

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29 Jun 2023 08:45

Erdoğan's 'Sweden' message to Scholz

Daily News

President Recep Tayyip Erdoğan evaluated Sweden’s NATO membership in a phone call with German Chancellor Olaf Scholz. Noting that supporters of the PKK/PYD/YPG in...

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29 Jun 2023 08:45

New limitation on artificial intelligence chips from the US

Daily News

The US is reportedly considering new restrictions on exports of AI chips to China. The Wall Street Journal reported, citing sources familiar with the matter, that...

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29 Jun 2023 08:44

ECB discusses faster reduction of bond portfolio

Daily News

European Central Bank (ECB) officials are reportedly discussing options to accelerate the shrinkage of the institution’s 5 trillion-euro ($5.5 trillion) bond port...

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29 Jun 2023 08:43

$1 billion financing from the World Bank to Turkey

Daily News

The World Bank has approved $1 billion in financing for Turkey to help rebuild rural housing and basic public services in earthquake-affected areas. The World Ban...

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29 Jun 2023 08:43

The scope of e-invoice application is expanding

Daily News

As of July 1, new taxpayers will be included in the scope of the digital transformation process initiated by the Revenue Administration for the electronic prepara...

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29 Jun 2023 08:42

China's industrial companies' profits fall on shrinking demand

Daily News

Profits at Chinese industrial firms fell 12.6 percent in May from a year earlier. The shrinking demand was interpreted as an indicator of the country’s ongoing ec...

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29 Jun 2023 08:42

The decision to extend the withholding tax support at KKM was published in the Official Gazette

Daily News

The decision to extend the 0 percent withholding tax application in KKM accounts until the end of the year was published in the Official Gazette. The decision to ...

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27 Jun 2023 09:24

Fed forecast from Morgan Stanley

Daily News

Morgan Stanley said it expects a 25 basis point rate hike in July, following Fed Chair Powell’s messages last week. After Fed Chair Jerome Powell signaled in his ...

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27 Jun 2023 09:24

Aramco looks to China, India to support oil markets

Daily News

Aramco’s chief executive Amin Nasser believes oil market fundamentals remain broadly “solid” for the rest of the year. Saudi Arabia’s oil giant Aramco is expectin...

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27 Jun 2023 09:24

US Treasury Secretary Yellen Plans to Visit China

Daily News

Treasury Secretary Janet Yellen plans to visit China in July Treasury Secretary Janet Yellen plans to visit Beijing in early July for the first high-level economi...

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27 Jun 2023 09:22

Li: China's Q2 growth to be higher than Q1

Daily News

China's second-quarter economic growth will be faster than the first quarter, Premier Li Qiang said on Tuesday. China is on track to meet its annual growth target...

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27 Jun 2023 09:21

Russia extends retaliatory price ceiling

Daily News

Russia has extended the decree banning the sale of oil and petroleum products to participants in the price ceiling on Russian oil until December 31, 2023. Russian...

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27 Jun 2023 09:21

"EU may not find enough financing for climate targets"

Daily News

The European Court of Auditors has warned that the European Union (EU) may not find sufficient financing to meet its ambitious climate goals. The European Court o...

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26 Jun 2023 08:50

S&P Global cuts China growth forecast

Daily News

S&P Global has cut its 2023 GDP growth forecast for China, the world’s second-largest economy. S&P Global said it was cutting its 2023 GDP growth forecast for Chi...

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26 Jun 2023 08:50

Volatile week for oil

Daily News

Oil was volatile as investors weighed the possibility of more civil unrest in Russia following a brief weekend riot at a major OPEC+ producer. U.S. crude traded a...

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26 Jun 2023 08:49

Mitsotakis wins Greek elections

Daily News

The winner of the general elections in Greece was the New Democracy Party led by Prime Minister Mitsotakis. The New Democracy Party, which received 40.5 percent o...

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