News

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10 Oct 2023 10:18

Oil calms down after rally

Daily News

Oil prices settled after their biggest rise in six months on the prospect of escalating tensions in the Middle East. U.S. crude rose 4.3 percent on Monday to trad...

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10 Oct 2023 10:18

Yellen: We will prevent evasion of Russian oil price cap

Daily News

Treasury Secretary Janet Yellen said she was preparing to block any evasion of the G7’s price cap on Russian oil because recent market prices suggested the mechan...

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10 Oct 2023 10:18

Fed Vice Chairman Jefferson comments on interest rates

Daily News

Fed Vice Chairman Philip Jefferson said the central bank should be careful about further increases in the benchmark federal funds rate, adding that “we are in a d...

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10 Oct 2023 10:18

Truck manufacturer Mack Trucks also begins strike

Daily News

In the US, the United Automotive Workers Union (UAW) announced that approximately 4,000 of its members have decided to strike at the Pennsylvania, Maryland and Fl...

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10 Oct 2023 10:17

Spain reacts to EU decision to halt aid to Palestine

Daily News

Spanish Deputy Prime Minister Yolanda Diaz reacted to the freezing of European Union (EU) development aid to Palestinians while conflict between Israel and Palest...

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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

Daily News

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

Daily News

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

Daily News

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

Daily News

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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