News

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27 Jul 2023 09:37

Volkswagen to invest $700 million in China's XPeng

Daily News

Volkswagen, one of the world's largest automobile manufacturers, announced that it plans to invest $700 million in Chinese electric vehicle manufacturer XPeng. Ai...

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Fed raises interest rates to 22-year high

Daily News

The US Federal Reserve (Fed), which paused interest rate hikes last month, raised the policy rate by 25 basis points in line with expectations at its July meeting...

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27 Jul 2023 09:36

Akbank's net profit in the second quarter exceeds market expectations

Daily News

Akbank made a net profit of TL 20.3 billion in the second quarter of 2023, above market expectations of TL 17.2 billion. The bank's net profit in the previous qua...

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27 Jul 2023 09:36

TOBB/Hisarcıklıoğlu: Commercial loans should not be cut suddenly

Daily News

Rifat Hisarcıklıoğlu, President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), stated that the contraction in SME loans had a negative impact ...

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27 Jul 2023 09:35

US new home sales miss expectations in June

Daily News

New home sales in the US decreased by 2.5 percent on a monthly basis in June to 697 thousand, falling below expectations. The US Department of Commerce announced ...

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26 Jul 2023 09:17

Oil retreats after four days of gains

Daily News

Oil fell after a four-day rally of nearly 6% as investors eyed a U.S. interest rate decision. U.S. crude traded at $79 a barrel after closing at the highest level...

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26 Jul 2023 09:17

Inflation continues to fall in Australia

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Australia’s inflation rate slows to 6% for second consecutive quarter Australia’s consumer price index increased by 6% on an annual basis in the second quarter, f...

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26 Jul 2023 09:16

Spotify raises subscription prices

Daily News

Spotify has reached 551 million monthly active users while also increasing subscription prices worldwide. The company, which increased its number of paying subscr...

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26 Jul 2023 09:16

Microsoft and Alphabet's revenues increase

Daily News

The revenues of US technology companies Microsoft and Alphabet, the parent company of Google, increased in the April-June period. Microsoft's revenue increased by...

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26 Jul 2023 09:16

Apple brand shoes put up for auction

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Apple brand sneakers made by US technology giant Apple for its employees in the 1990s were put up for auction. New York-based Sotheby's Auction House offered a pa...

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26 Jul 2023 09:15

Moody's to Israel: Judicial regulation harms economy

Daily News

International credit rating agency Moody's warned in its report published yesterday regarding the approval in parliament of a bill limiting the Supreme Court's ov...

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26 Jul 2023 09:15

EBRD provides 70 million euro loan to Türk Traktör

Daily News

Türk Traktör and Ziraat Makineleri AŞ announced that it has reached an agreement with the European Bank for Reconstruction and Development (EBRD) to use a loan of...

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26 Jul 2023 09:14

Kremlin: Plans are being made for Putin's visit to Türkiye

Daily News

Kremlin foreign policy advisor Yuriy Ushakov said regarding Russian President Vladimir Putin’s visit to Turkey, “I can confirm that both the Turkish and Russian s...

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25 Jul 2023 09:53

5.5 magnitude earthquake in Adana

Daily News

An earthquake measuring 5.5 magnitude occurred in the Kozan district of Adana at 8:44 a.m. The earthquake was felt in surrounding provinces, and citizens panicked...

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25 Jul 2023 09:52

China vows to support real estate sector

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China’s top leaders have vowed to “timely adjust and optimize policies” for its beleaguered property sector. China’s top leaders have vowed to “timely adjust and ...

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25 Jul 2023 09:52

Oil hovers near 3-month high

Daily News

Oil is trading near a three-month high as China moves to shore up growth. Oil traded at a three-month high as global markets showed signs of tightening, with Chin...

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25 Jul 2023 09:51

South Korea's economy grew 0.9 percent in the second quarter

Daily News

South Korea’s GDP grew by 0.9 percent in the first quarter of 2023. According to preliminary data released by the Bank of Korea (BoK), South Korea’s gross domesti...

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25 Jul 2023 09:51

Selective credit and quantitative tightening steps from the CBRT

Daily News

In order to support the efficient use of financial resources by the CBRT, it was decided to determine the growth limit for vehicle loans, which was 3 percent, as ...

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25 Jul 2023 09:51

Cyber attack on ministries in Norway

Daily News

The Norwegian government has announced that 12 ministries in the country have been subjected to cyberattacks. In a written statement, the Norwegian government sai...

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25 Jul 2023 09:50

Twitter's X logo is sending users to Mastodon

Daily News

While popular social media platform Twitter has ditched its iconic branding in favor of owner Elon Musk’s favorite letter, the “X,” its open-source rival Mastodon...

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25 Jul 2023 09:50

Google to pay damages for 'patent infringement'

Daily News

In a federal court in the United States, Google was ordered to pay $338.7 million in damages for violating a software developer's patent rights. In federal court ...

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