News

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29 May 2023 08:25

Results table of the second round of the presidential election

Daily News

According to the preliminary results, President Erdoğan was the winner of the election. Erdoğan received 52.09 percent of the vote; Kılıçdaroğlu received 47.91 pe...

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26 May 2023 09:26

Biden and McCarthy close to deal on debt ceiling hike

Daily News

Biden, McCarthy close to raising debt ceiling, capping spending for 2 years Republican and White House negotiators are closing in on a deal to raise the debt ceil...

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26 May 2023 09:26

Fed's Collins: Open to pause on rate hikes

Daily News

Boston Fed President Susan Collins said the Fed is open to holding off on raising interest rates at its June meeting to see the impact of the tightening it has do...

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26 May 2023 09:26

Inflation slows in Tokyo

Daily News

The pace of core consumer price increases in Japan’s capital city of Tokyo, which is widely considered the bellwether of overall inflation, has slowed. According ...

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26 May 2023 09:25

Asian stocks mostly higher after tech rally

Daily News

Asia-Pacific stocks were mixed after Wall Street saw a tech rally led by Nvidia and U.S. negotiators neared a debt ceiling deal just a week before the government ...

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Net stable funding ratio of banks will be calculated

Daily News

The "Regulation on Calculation of Net Stable Funding Ratio of Banks" prepared by the Banking Regulation and Supervision Agency was published in the Official Gazet...

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26 May 2023 09:25

Erdoğan: Depositing money from the Gulf has relieved the TCMB

Daily News

President Erdoğan stated that the money deposited into the Central Bank of the Republic of Turkey (TCMB) deposit accounts from the Gulf countries provided relief,...

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26 May 2023 09:25

The application period for debt restructuring has been extended by 1 month

Daily News

The application period for the restructuring of debts to the state has been extended by 1 month. The decision was published in the Official Gazette and entered in...

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26 May 2023 09:24

Germany's Lufthansa buys minority stake in ITA Airlines

Daily News

It was reported that German airline Lufthansa will buy a minority stake in Italy’s flag carrier ITA. In a statement, Lufthansa Group announced that an agreement w...

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26 May 2023 09:24

US chipmaker's market value approaches $1 trillion

Daily News

California-based chipmaker Nvidia's stock value rose nearly 30 percent after revenue estimates exceeded expectations, bringing the company's market value close to...

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26 May 2023 09:24

Denial of purchase claims from BOTAŞ and Gazprom

Daily News

BOTAŞ denied claims in some press outlets that BOTAŞ would be taken over by the Russian oil and natural gas company Gazprom. The Russian energy company Gazprom al...

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25 May 2023 09:21

Germany enters recession

Daily News

The latest reading for Germany's national income in the first quarter of the year was revised down to a 0.3 percent contraction. Thus, the country entered recessi...

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25 May 2023 09:20

Fed Governor Waller stresses 'flexibility' for June rate decision

Daily News

“Whether we raise or skip at the June meeting will depend on how the data comes in over the next three weeks,” Fed Governor Christopher Waller said. While insisti...

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25 May 2023 09:20

South Korea keeps interest rates steady for third time

Daily News

The Bank of South Korea (BoK) did not change interest rates in its third consecutive meeting, as markets expected. The Bank of Korea kept its benchmark interest r...

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25 May 2023 09:20

Asian stock markets fall, led by Hong Kong

Daily News

Asian markets led losses, with Hong Kong stocks down 2%. Hong Kong’s Hang Seng led losses in Asia, falling 2% to hit a two-month low for the first time since Marc...

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25 May 2023 09:19

Fitch puts US credit rating on negative watch

Daily News

International credit rating agency Fitch Ratings has placed the US’s “AAA” credit rating on negative watch due to the debt limit impasse. In a statement, Fitch sa...

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25 May 2023 09:19

Minister Nebati: Our banking sector has demonstrated its strength beyond dispute

Daily News

Minister of Treasury and Finance Nureddin Nebati stated that the banking sector has demonstrated its strength beyond dispute and said, "Despite the recent bankrup...

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25 May 2023 09:19

Limits have changed in the definition of SME

Daily News

The classification, qualifications and types of businesses of SMEs have been redefined. The regulation on Small and Medium-Sized Enterprises (SMEs) entered into f...

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25 May 2023 09:18

Brexit raises UK food bill

Daily News

It has been calculated that Brexit has caused food inflation in the UK to be 30% higher, adding an additional £7 billion to households’ food bills since December ...

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25 May 2023 09:18

Interest rate divergence in Fed minutes

Daily News

The Fed minutes highlighted the division among officials on further rate hikes. The minutes indicated that the extent of possible rate hikes had become less certa...

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24 May 2023 17:34

Copper prices at 6-month low

Daily News

Copper prices fell below $8,000 per tonne for the first time in six months following weak economic data from China following the end of COVID-19 restrictions. Cop...

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