News

image
07 Sep 2023 09:16

September signals continue on the Fed front

Daily News

Former and new Fed officials have made statements regarding forward-looking monetary policies. Boston Fed President Susan Collins emphasized that policymakers sho...

Read More
image
07 Sep 2023 09:15

China plans to expand ban on public iPhones

Daily News

China is considering expanding its ban on iPhones in the workplace to include state-owned companies and enterprises. China plans to expand its ban on iPhones in g...

Read More
image
07 Sep 2023 09:15

Decline in China's exports and imports

Daily News

China reported another monthly decline in imports and exports, albeit smaller than expected. The country fell 8.8 percent in August from a year earlier, according...

Read More
image
07 Sep 2023 09:14

BoE Governor Bailey: Interest rates approach peak level

Daily News

Bank of England (BoE) Governor Andrew Bailey said that inflation in the country is expected to fall significantly by the end of this year and that current interes...

Read More
image
07 Sep 2023 09:14

VAT exemption for houses donated to disaster victims

Daily News

Within the scope of the protocol signed with the Disaster and Emergency Management Presidency in the provinces affected by the February 6 earthquake, deliveries a...

Read More
image
07 Sep 2023 09:13

Migros opened 47 stores in August

Daily News

Migros Ticaret AŞ announced that it opened 47 stores in various categories in August, bringing its total number of stores to 3,176. In the statement made by the c...

Read More
image
06 Sep 2023 09:35

Companies rush to issue bonds

Daily News

Global bond markets have initiated issuance processes to raise funds ahead of the Fed’s interest rate decision. Global bond markets have witnessed intense private...

Read More
image
06 Sep 2023 09:35

Japan and China intervene in the draw

Daily News

The recent lows in Asian currencies have prompted Japan and China to intervene in the exchange rate. The recent lows in Asian currencies, in response to the dolla...

Read More
image
06 Sep 2023 09:35

Oil rises as supply cuts extend

Daily News

Oil tested its highest level since November after OPEC+ leaders extended supply cuts. Oil is trading near its highest level since November after OPEC+ leaders Sau...

Read More
image
06 Sep 2023 09:34

Qualcomm chips to be used in Mercedes and BMW vehicles

Daily News

US semiconductor company Qualcomm has announced that it is collaborating with Mercedes and BMW to supply advanced chips for in-car infotainment systems. Under thi...

Read More
image
06 Sep 2023 09:34

Grain initiative thanks from the US to Turkey

Daily News

The U.S. State Department thanked President Recep Tayyip Erdoğan and our NATO ally Turkey for their efforts to relaunch the Black Sea Grain Initiative. U.S. Deput...

Read More
image
06 Sep 2023 09:33

Mastercard and Visa not planning to increase card fees

Daily News

Mastercard and Visa, the US-based financial services companies, have announced that reports that they plan to increase credit card fees in the US are not true. Ma...

Read More
image
06 Sep 2023 09:33

Flood in Istanbul claims two lives

Daily News

The Istanbul Governor's Office announced that 2 people who were swept away by flood waters in Başakşehir and Küçükçekmece lost their lives. Governor Davut Gül war...

Read More
image
06 Sep 2023 09:33

Saudi Arabia's telecommunications company STC Group has become the largest shareholder in Madrid-based Spanish multinational Telefónica, by purchasing 9.9 percent of the company for 2.1 billion euros.

Daily News

In a written statement from Telefonica, it was announced that the shares representing 4.9 percent of the company's capital and the financial instruments represent...

Read More
image
05 Sep 2023 08:36

Goldman downgrades US recession chances

Daily News

Economists at Goldman Sachs said they now see the chance of a U.S. recession at 15%, up from 20% previously. Goldman Sachs now sees the chance of a U.S. recession...

Read More
image
05 Sep 2023 08:35

China's service activities expand at slowest pace in 8 months

Daily News

The world’s second-largest economy, China, saw its services activity expand at its slowest pace in eight months in August, amid weak demand and a lack of stimulus...

Read More
image
05 Sep 2023 08:34

Oil continues to rise

Daily News

Oil continues to rise as investors await OPEC+’s next steps on supply. Oil traded near its highest level this year after a rally led by OPEC+’s supply cuts that h...

Read More
image
05 Sep 2023 08:34

Household spending in Japan falls more than expected

Daily News

Households in Japan, one of Asia’s largest economies, cut spending in July as persistent inflation continued to erode purchasing power. Households in Japan cut sp...

Read More
image
05 Sep 2023 08:33

Minister Bolat met with Novak

Daily News

Minister of Trade Ömer Bolat said, "We expressed our priorities regarding the balanced continuation of our bilateral trade volume, and our expectations in the fie...

Read More
image
05 Sep 2023 08:32

UN: Focus on reviving Black Sea Grain Initiative

Daily News

Jens Laerke, spokesperson for the United Nations (UN) Office for the Coordination of Humanitarian Affairs (OCHA), stated that they are focused on reviving the Bla...

Read More
image
04 Sep 2023 09:43

Automotive and light commercial vehicle market increased by 78.9 percent

Daily News

According to the Automotive Distributors and Mobility Association (ODMD) data, the automobile and light commercial vehicle market grew by 78.9 percent in August, ...

Read More