News

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10 Oct 2023 10:17

Fed official supports plan to increase bank capital

Daily News

Michael Barr, the Vice Chairman of the Federal Reserve (Fed) for Supervision, stated that the proposed regulation to increase bank capital could increase banks’ f...

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09 Oct 2023 11:04

The decline in export climate continued

Daily News

ISO Turkey Manufacturing Sector Export Climate Index remained below the threshold value at 49.0 in September The Istanbul Chamber of Industry (ISO) Turkey Manufac...

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09 Oct 2023 11:04

Germany's industrial production contraction continues

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German industrial production fell by 0.2 percent in August, more than expected. Germany’s industrial production fell for the fourth month in August. Led by the co...

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09 Oct 2023 11:03

Oil rises as tensions rise in Middle East

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Following the escalation of tensions in the Middle East, oil prices rose by 5 percent, erasing some of last week’s losses. The barrel price of US crude oil exceed...

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09 Oct 2023 11:03

Israel takes foreign exchange selling precaution after currency falls sharply

Daily News

The Israeli currency, the shekel, has fallen by up to 2 percent, after the attacks. The Bank of Israel has announced a program to sell up to $30 billion in foreig...

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09 Oct 2023 11:03

Economic analysis from IMF after completing its visit to Türkiye

Daily News

IMF economists completed their visit to Turkey and announced their growth forecasts over the weekend. Accordingly, the IMF estimates that Turkey's growth will slo...

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09 Oct 2023 11:02

Citigroup sells China consumer assets portfolio to HSBC

Daily News

Citigroup has agreed to sell its China consumer asset portfolio to HSBC Holdings. Citigroup said on Monday that it has agreed to sell its China consumer asset por...

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09 Oct 2023 11:02

Lagarde: We will reach 2% inflation target

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European Central Bank (ECB) President Christine Lagarde said she was confident they would hit their 2% inflation target. “We want to bring inflation to 2% and we ...

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09 Oct 2023 11:02

Apple's virtual reality glasses are coming to rival Vision Pro

Daily News

Meta is developing a product that can compete with Apple's virtual reality glasses, the Vision Pro. Meta's AR glasses, which it plans to introduce next year, will...

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05 Oct 2023 10:03

Türkiye-UAE discuss construction of railway for 3rd bridge

Daily News

According to Bloomberg, the United Arab Emirates fund ADQ is negotiating a railway project with Turkey for the 3rd bridge. It was reported that the United Arab Em...

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05 Oct 2023 10:02

Sales positions in local banks in the USA

Daily News

Reflecting expectations of losses in U.S. local bank stocks, positions rose above the peak of concerns about a global banking crisis in March. The ratio of short ...

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05 Oct 2023 10:02

Citigroup raises China growth forecast

Daily News

Citigroup Inc. raised its growth forecast for China to 5 percent this year after encouraging data supported expectations that the official growth target could be ...

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05 Oct 2023 10:01

TCMB Governor Erkan to meet with international funds in Marrakesh

Daily News

The Governor of the Central Bank of the Republic of Turkey (TCMB) Hafize Gaye Erkan will meet with international funds and investment banks as part of the Annual ...

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05 Oct 2023 10:01

Pimco: BOJ may end yield curve control policy this year

Daily News

The Bank of Japan (BOJ) could end its yield curve control program before the end of the year if rising prices prove more persistent than expected, said Richard Cl...

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05 Oct 2023 10:01

Walmart's shopping assistant is equipped with generative AI

Daily News

Walmart is testing new generative AI tools. Its new shopping assistant will allow customers to have a more interactive, conversational shopping experience by bein...

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05 Oct 2023 10:00

Asian stock markets rise

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Asia-Pacific stocks rose after U.S. Treasury yields retreated from 16-year highs Asia-Pacific stocks rose after U.S. Treasury yields retreated from 16-year highs ...

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05 Oct 2023 10:00

Sharp drop in oil prices

Daily News

Oil prices have fallen sharply on concerns that dark clouds over economies will dampen demand. U.S. crude fell 5.6 percent to below $85 a barrel, the biggest one-...

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05 Oct 2023 10:00

Trump fraud trial enters third day

Daily News

Former US President Donald Trump again criticized the judge and attorney general on the third day of the trial against him in New York regarding accusations that ...

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05 Oct 2023 09:59

Sabancı Holding acquired Oriana Solar LLC in the US

Daily News

Sabancı Renewables Inc., whose entire capital is indirectly owned by Hacı Ömer Sabancı Holding AŞ, has acquired 100 percent of the shares of Oriana Solar LLC, whi...

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04 Oct 2023 11:23

A first in the history of the US House of Representatives

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US House Speaker Kevin McCarthy’s term was terminated following a motion by the far-right group within the Republican Party, of which he is also a member. US Hous...

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04 Oct 2023 11:23

Japan warns of 'appropriate' steps against excessive decline in yen

Daily News

Finance Minister Shunichi Suzuki said markets would be on alert for intervention in yen buying. Finance Minister Shunichi Suzuki said on Wednesday that Japan woul...

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