EBRD raises growth forecast for Türkiye
Daily NewsThe EBRD has raised its 2023 growth forecast for Turkey to 3.5 percent. It expects the Turkish economy to grow by 3 percent in 2024. The European Bank for Reconst...
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The EBRD has raised its 2023 growth forecast for Turkey to 3.5 percent. It expects the Turkish economy to grow by 3 percent in 2024. The European Bank for Reconst...
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Tüpraş announced that it will pay a gross 7.52 TL and a net 6.77 TL cash dividend per share. Tüpraş made a statement on the Public Disclosure Platform (KAP) regar...
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The US Federal Trade Commission (FTC) and 17 state attorneys general have filed a lawsuit against Amazon for allegedly using its monopoly power to act anti-compet...
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Following the Fed’s decision that it might raise interest rates once more this year, the yield on two-year U.S. Treasury bonds reached a peak. Strategists are opt...
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According to hedge funds, the direction of oil prices will be upward. According to Commodity Futures Trading Commission data, fund managers increased their positi...
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The recent decline in inflation and the gradual rebalancing of the labor market are good news, but more data is needed to determine whether further policy tighten...
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Oil prices rose for a second day as hedge funds argued that tightening supply would continue the recovery after last week’s pause. U.S. crude rose as much as 0.7%...
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Honda Turkey Senior Deputy General Manager Bülent Kılıçer drew attention to the fact that automotive purchases for investment purposes have ended. Kılıçer said th...
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Morgan Stanley Senior U.S. Economist Ellen Zentner said she does not expect the Fed to raise interest rates at its November meeting. Morgan Stanley Economist Zent...
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Following the Fed’s hawkish stance, attention in domestic markets turned to the interest rate decision of the Central Bank of the Republic of Turkey (TCMB). The C...
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The Bank of England (BOE) will announce its interest rate decision at 14:00 today. Investors are pricing in a 25 basis point rate hike for this year with a 100 pe...
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Brazil’s central bank cut its benchmark Selic interest rate by another 50 basis points as expected. Brazil’s central bank cut its benchmark interest rate by 50 ba...
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Meeting with representatives of the business world at a dinner organized by the Turkish-American Business Council (TAİK), President Recep Tayyip Erdoğan stated th...
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The US Federal Reserve (Fed) announced the interest rate decision that global markets were expecting. While the Fed kept the policy rate steady as expected, most ...
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The European Union (EU) is preparing to ban the labelling of a product or service as green in order to underline its environmental sensitivity without sufficient ...
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According to TurkStat data, in August 2023, it increased by 59.24 percent compared to the same month of the previous year, while manufacturing increased by 1.94 p...
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Despite expectations for an increase in annual inflation in the UK in August, it fell. Inflation in the country was recorded as 6.7 percent. While the recent incr...
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U.S. Treasury Secretary Janet Yellen said any intervention by Japan to support the yen would be understandable if it were aimed at smoothing volatility rather tha...
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Currency traders preparing for policy decisions by the Federal Reserve and the Bank of Japan this week have received fresh reminders that Japanese authorities are...
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Japan’s trade deficit in August was 930.5 billion yen. Japan’s trade deficit fell 66.7 percent to 930.5 billion yen ($6.3 billion) in August, down from a deficit ...
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China has kept its benchmark lending rates steady, as expected, as new signs of economic stability and a weakening yuan have reduced the need for urgent monetary ...
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