News

image
01 Mar 2023 10:06

Strong recovery in China's manufacturing indicator

Daily News

Manufacturing activity in China posted its fastest monthly growth in 11 years in February as factories reopened following the Lunar New Year holiday. The manufact...

Read More
image
01 Mar 2023 10:06

Japan approves 114.3 trillion yen draft budget for fiscal 2023

Daily News

Japan’s House of Representatives has approved a draft budget for the 2023 fiscal year worth 114.3 trillion yen (about $840 billion). The new fiscal year draft bud...

Read More
image
01 Mar 2023 10:06

Companies that get chip incentives in the US will have to share excess profits

Daily News

In the US, President Joe Biden's administration is requiring chip companies that receive incentives from the program, which also includes $52.7 billion in support...

Read More
image
01 Mar 2023 10:05

Death toll from earthquakes rises to 45,089

Daily News

The Disaster and Emergency Management Presidency (AFAD) reported that 45,089 people lost their lives in the earthquakes centered in Kahramanmaraş on February 6. A...

Read More
image
01 Mar 2023 10:05

Eni buys two major gas fields from BP in Algeria

Daily News

Italian energy company Eni has announced that the closing of the acquisition of BP’s gas fields in Algeria “In Amenas” and “In Salah” has been completed. Italian ...

Read More
image
01 Mar 2023 10:04

Discount on maximum price limit in the day-ahead market for electricity

Daily News

The Energy Market Regulatory Authority (EPDK) has made changes regarding minimum and maximum price limits in the day-ahead and balancing power markets. According ...

Read More
image
01 Mar 2023 10:04

Tesla is preparing to invest in a factory in Mexico

Daily News

US electric vehicle manufacturer Tesla is preparing to invest in a production facility in Mexico. Mexican President Andres Manuel Lopez Obrador said that Tesla wo...

Read More
image
28 Feb 2023 10:10

TMSF puts Turkish Trade Bank up for sale

Daily News

The Savings Deposit Insurance Fund (TMSF) has put 10.7 billion shares of Türk Ticaret Bankası AŞ, currently owned by TMSF at a rate of 98.4 percent, up for sale t...

Read More
image
28 Feb 2023 10:10

Highlights from US Treasury Secretary Yellen's surprise Ukraine visit

Daily News

Following US President Joe Biden, Treasury Secretary Janet Yellen also paid a surprise visit to Ukraine. Janet Yellen, who entered Kiev under the shadow of Russia...

Read More
image
28 Feb 2023 10:09

Earthquake support in US House of Representatives

Daily News

The bill, which includes support for the earthquakes affecting Turkey and Syria and condemns the Assad regime’s efforts to obstruct humanitarian aid in Syria, was...

Read More
image
28 Feb 2023 10:08

Additional time for tax and export credits in earthquake zones

Daily News

The period for tax, duty, fee exemption documents/undocumented export credits in earthquake zones has been extended until the end of the year. The relevant Commun...

Read More
image
28 Feb 2023 10:08

Increased surveillance on smartphone imports

Daily News

The amount of surveillance applied to the import of smartphones has been changed to 350 USD/unit. The amount of surveillance applied to the import of smartphones ...

Read More
image
28 Feb 2023 10:08

Asian stock markets mostly higher

Daily News

Asia-Pacific stocks were mostly higher on Tuesday as investors weighed key economic data in the region. The Hang Seng index rose 0.45% after Hong Kong Chief Execu...

Read More
image
28 Feb 2023 10:07

Japan's industrial production declines

Daily News

Japan’s industrial production fell at its fastest pace in eight months in January, partly due to the pressure from falling overseas demand on the automotive and c...

Read More
image
28 Feb 2023 10:07

Cooperation protocol between Huawei and five Turkish energy companies

Daily News

protocol has been signed between Huawei and five Turkish energy companies for the procurement of 2 GWH of energy storage systems from Huawei. Huawei took the firs...

Read More
image
28 Feb 2023 10:06

Moscow Stock Exchange's decision on TL-denominated futures

Daily News

In a statement made by the Moscow Stock Exchange, it was stated that futures transactions in Turkish lira-Russian ruble and Hong Kong dollar-Russian ruble will st...

Read More
image
27 Feb 2023 10:18

Inflation effect on gold

Daily News

Gold prices are fluctuating after two consecutive weeks of declines, influenced by the inflation data released in the US on Friday. Gold prices are fluctuating as...

Read More
image
27 Feb 2023 10:17

US responds to China mediation

Daily News

US National Security Advisor Jake Sullivan said that China’s stance against the Russian invasion has put the country in an “odd position” in the international are...

Read More
image
27 Feb 2023 10:17

Rapid increase in white goods sales in January

Daily News

According to the data of the Turkish White Goods Manufacturers Association (TÜRKBESD), domestic sales in six main product groups increased by 27 percent in Januar...

Read More
image
27 Feb 2023 10:17

Deferral of customs duty on iron and steel products

Daily News

The effective date of the customs duties to be applied on iron and steel products has been postponed to early April. The implementation of the customs duty on fla...

Read More
image
27 Feb 2023 10:16

Interest rate message from ECB President Lagarde

Daily News

The European Central Bank will raise interest rates by 50 basis points in March, according to European Central Bank President Christine Lagarde. Speaking to the F...

Read More