News

image
02 Dec 2022 11:02

Transportation costs for Russian oil are rising

Daily News

The cost of shipping Russian crude before EU sanctions came into effect is rising rapidly. The cost of shipping Russian crude before EU sanctions on Russian oil i...

Read More
image
02 Dec 2022 11:02

Austan Goolsbee to head Chicago Fed

Daily News

Chicago Booth School of Business economist Austan Goolsbee will take over as head of the Chicago Fed According to the announcement made by the Chicago Fed, Chicag...

Read More
image
02 Dec 2022 11:01

G7 close to deal on price cap for Russian oil

Daily News

The G7 countries are reportedly very close to an agreement on a price cap for Russian oil. According to a senior G7 official, the G7 members are very close to an ...

Read More
image
02 Dec 2022 11:01

Lagarde: Dollar is being watched closely

Daily News

Emphasizing that the ECB does not have an exchange rate target, Lagarde said, “Obviously, we are monitoring the changes in exchange rates and we are very careful ...

Read More
image
02 Dec 2022 11:01

Oil heads for weekly gain ahead of OPEC+

Daily News

Oil headed for its biggest weekly gain in nearly two months as China eases virus controls, Washington considers pausing sales from strategic reserves and a weak d...

Read More
image
02 Dec 2022 11:00

HSBC to lay off one in 10 senior executives

Daily News

HSBC is laying off at least 200 senior operations managers worldwide. According to two people familiar with the matter who spoke to Reuters, HSBC is preparing to ...

Read More
image
02 Dec 2022 10:59

Fed's Williams: We still have a ways to go on interest rates

Daily News

New York Fed President John Williams said that excessively high inflation requires the Fed to continue raising interest rates. New York Fed President John William...

Read More
image
02 Dec 2022 10:59

China may signal reversal of Covid policy

Daily News

China’s top leaders are expected to signal a more pragmatic approach to the COVID-19 restrictions that have sparked protests and emphasize a greater focus on econ...

Read More
image
01 Dec 2022 10:56

Asian stocks rise after Powell

Daily News

Asia-Pacific stocks trade higher as Fed hints at smaller hikes ahead Markets in Asia-Pacific traded higher, extending optimism behind Wall Street’s rally after Fe...

Read More
image
01 Dec 2022 10:56

EU to use Russian assets for Ukraine's reconstruction

Daily News

The EU wants to use frozen Russian assets to finance Ukraine’s reconstruction. Brussels wants to use the Russian central bank’s frozen assets to help rebuild Ukra...

Read More
image
01 Dec 2022 10:56

Fed's Cook: Time to raise rates in smaller increments

Daily News

Fed Board of Governors member Lisa Cook said it may soon be time for the Fed to take its foot off the gas in its efforts to reduce high inflation. Fed Board of Go...

Read More
image
01 Dec 2022 10:53

Operation talks between the US and Türkiye

Daily News

US Secretary of Defense Lloyd Austin has warned Turkey against the possibility of a new military operation in Syria. In a phone conversation with Austin, Minister...

Read More
image
01 Dec 2022 10:52

Share sale from a shareholder in Ayen Energy

Daily News

Ayen Enerji shareholder Aydıner İnşaat announced that it sold 1.8 million nominal shares. Shareholder sales continue in public companies. Following shareholder sa...

Read More
image
01 Dec 2022 10:52

Manufacturing PMI at lowest level since pandemic

Daily News

The Istanbul Chamber of Industry Turkey Manufacturing PMI, which is accepted as a reference in manufacturing industry performance, which is a leading indicator of...

Read More
image
01 Dec 2022 10:49

Oil surges on easing signals from China

Daily News

The oil market fluctuated after signals that China will ease its pandemic measures. Oil fluctuated after a three-day rally, driven by signals of easing China’s ze...

Read More
image
01 Dec 2022 10:48

Japan's 28.9 trillion yen supplementary budget to combat inflation

Daily News

Japan’s legislature has approved a 28.9 trillion yen ($208 billion) supplementary budget to combat inflation. The Japanese legislature has approved a 28.9 trillio...

Read More
image
01 Dec 2022 10:46

TCMB launched its open banking service

Daily News

The Central Bank of the Republic of Turkey (TCMB) announced that it has opened up open banking services in the payments area, which is a component of the digital ...

Read More
image
30 Nov 2022 10:29

China's manufacturing and services sectors at 7-month lows

Daily News

Manufacturing and service sector activity in China fell to their lowest levels in 7 months in November due to the impact of COVID-19 restrictions and slowing glob...

Read More
image
30 Nov 2022 10:29

St. Louis Fed President calls for additional rate hikes

Daily News

St. Louis Federal Reserve President James Bullard reiterated his call for additional rate hikes that would restrain economic growth. St. Louis Federal Reserve Pre...

Read More
image
30 Nov 2022 10:28

Recession could force Fed to cut rates, BofA says

Daily News

Bank of America argued that the Fed will slow down its monetary policy tightening next year to stimulate the shrinking economy and eventually start cutting intere...

Read More
image
30 Nov 2022 10:27

Erdemoğlu: I am uncomfortable with SASA's current market value

Daily News

Erdemoğlu Holding Board Chairman İbrahim Erdemoğlu made a statement saying, "I am disturbed by SASA's current market value." Erdemoğlu Holding Board Chairman İbra...

Read More