News

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18 May 2023 09:28

JPMorgan Asset/Gorain: Fed may cut interest rates in Q3

Daily News

The Fed could cut interest rates in the third quarter as growth slows, JPMorgan Asset Management said. A U.S. recession is all but certain, and the Fed could cut ...

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18 May 2023 09:28

Nomura cuts China growth forecast

Daily News

Nomura has cut its annual growth forecast for China to 5.5%. In a note published on Wednesday, Nomura cut its annual growth forecast for China to 5.5% from 5.9%. ...

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18 May 2023 09:28

Oil calms as crude stocks stabilize

Daily News

Oil steadies as U.S. debt ceiling optimism offsets rising crude inventories. Oil steadied in Asia after rising nearly 3 percent on Wednesday as optimism that the ...

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18 May 2023 09:27

Japan's trade deficit narrows in April

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Japan’s trade deficit narrowed to 432.41 billion in April. Japan’s exports increased by just 2.6 percent in April compared to the same period last year. Imports, ...

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18 May 2023 09:27

Asian stocks rise on debt ceiling deal hopes

Daily News

Asian stocks rose as Wall Street rose on hopes for a debt ceiling deal. Asia-Pacific stocks rose on hopes that U.S. President Joe Biden and congressional leaders ...

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18 May 2023 09:27

CMB approves free capital increase of two companies

Daily News

The Capital Markets Board (CMB) approved the free capital increases of Sasa Polyester Sanayi AŞ and Çemtaş Çelik Makina Sanayi ve Ticaret AŞ. According to the wee...

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18 May 2023 09:26

IMF approves Ghana's $3 billion loan request

Daily News

The Executive Board of the International Monetary Fund (IMF) has unanimously approved a $3 billion bailout package for Ghana, which is facing economic difficultie...

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18 May 2023 09:26

Global debt hits $305 trillion in first quarter

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Global debt increased by $8.3 trillion compared to the previous quarter and reached $305 trillion as of the end of the first quarter. While debt in emerging marke...

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18 May 2023 09:25

Guterres' message on grain corridor

Daily News

United Nations (UN) Secretary-General Antonio Guterres thanked the parties for conducting the negotiations in a positive atmosphere, saying, “I am grateful to Pre...

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17 May 2023 09:38

Interest rate messages from Fed officials

Daily News

Recent speeches by Fed members revealed that there are different ideas within the Fed on whether to hike interest rates in June or hold steady. New York Fed Presi...

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17 May 2023 09:38

Japan grows above expectations

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Japan’s economy grew faster than expected in the first quarter, helped by a recovery in tourism following the lifting of pandemic restrictions, official data show...

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17 May 2023 09:37

Oil calms after losses

Daily News

Oil steadied as a lackluster recovery in China overshadowed bullish outlooks from the International Energy Agency and upbeat U.S. data. U.S. crude traded around $...

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17 May 2023 09:37

Asian stock markets track economic data from the region

Daily News

Asian markets were mixed as investors assessed economic data from the region and uncertainty over the U.S. debt ceiling. Asia-Pacific markets were mixed as invest...

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17 May 2023 09:37

McCarthy says deal on debt limit is possible

Daily News

US House of Representatives Speaker McCarthy stated that an agreement on the debt limit is possible US House of Representatives Speaker Kevin McCarthy said, "It i...

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17 May 2023 09:37

OpenAI/Altman: New rules must be introduced to combat AI risks

Daily News

Sam Altman, CEO of OpenAI, the company that created ChatGPT, testified before the US Senate that he welcomes regulation of AI technology and that there is a reaso...

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17 May 2023 09:35

India-EU dispute over Russian oil

Daily News

Indian Foreign Minister Subrahmanyam Jaishankar said that according to EU Council regulations, Russian crude oil will not be subject to EU sanctions after being p...

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17 May 2023 09:35

Fed/Barr: Banks to be regulated more aggressively

Daily News

Fed Vice Chairman for Supervision Michael Barr said the agency will consider rule changes for large regional banks in the wake of bank failures and will require m...

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17 May 2023 09:34

UN: We are at a sensitive point in the Black Sea Grain Initiative

Daily News

In a statement made by the United Nations, it was announced that they were at a sensitive point in the Black Sea Grain Initiative and that if the parties did not ...

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16 May 2023 09:10

Election assessment from Fitch

Daily News

Fitch stated in its assessment of the elections, "The elections advancing to the second round are prolonging the uncertainty in the political and economic policie...

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16 May 2023 09:09

EBRD lowers Türkiye growth forecast

Daily News

The EBRD has lowered its growth forecast for Turkey this year from 3 percent to 2.5 percent. The European Bank for Reconstruction and Development (EBRD) has lower...

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16 May 2023 09:09

Oil rises on US reserve plan

Daily News

Oil rose as the U.S. began searching for crude to fill its strategic reserves, but concerns about China’s economic recovery are growing. U.S. crude closed 1.5% hi...

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