News

image
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...

Read More
image
17 May 2023 09:38

Japan grows above expectations

Daily News

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...

Read More
image
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 $...

Read More
image
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...

Read More
image
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...

Read More
image
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...

Read More
image
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...

Read More
image
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...

Read More
image
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 ...

Read More
image
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...

Read More
image
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...

Read More
image
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...

Read More
image
16 May 2023 09:09

China's industrial production falls short of expectations

Daily News

China’s industrial production accelerated to its highest level since September 2022 in April, but fell short of expectations. Industrial production in April rose ...

Read More
image
16 May 2023 09:08

Asian stock markets mixed on data from China

Daily News

Asia-Pacific markets were mixed as investors weighed key economic data from China, which missed estimates despite market expectations of a broader recovery. Retai...

Read More
image
16 May 2023 09:08

US to buy 3 million barrels of oil for strategic petroleum reserves

Daily News

The US administration announced that it will purchase up to 3 million barrels of crude oil for its strategic petroleum reserve to be delivered in August. The US, ...

Read More
image
16 May 2023 09:08

US Treasury Secretary warns about debt limit

Daily News

US Treasury Secretary Janet Yellen reiterated her warning that the US could face a cash crunch by June 1 if the debt limit impasse is not resolved. US Treasury Se...

Read More
image
16 May 2023 09:07

Fed releases Oversight and Regulation Report

Daily News

The Fed has published the May 2023 issue of its Supervision and Regulation Report. The Fed noted in the report that recent bank failures revealed that the distrib...

Read More
image
16 May 2023 09:07

UN thanks Turkey for "Black Sea Grain Initiative"

Daily News

In a statement made by the United Nations, it was stated that Turkey was thanked for the efforts it made for the Black Sea Grain Initiative and that the food prod...

Read More
image
16 May 2023 09:07

Changes in the application of securities facility from the Central Bank

Daily News

The Central Bank of the Republic of Turkey has announced that it has changed the implementation instructions regarding securities facilities and decided that cash...

Read More
image
15 May 2023 10:34

Oil falls as demand concerns persist

Daily News

Oil prices fell for a fourth day as concerns about the U.S. economy and China’s slower-than-expected recovery weighed on the outlook. U.S. crude fell below $70 a ...

Read More
image
15 May 2023 10:34

Asian stock markets mixed amid debt ceiling concerns

Daily News

Asian stock markets were mixed after worries about the U.S. debt ceiling and two of the three major U.S. indexes posted second straight losses. Asia-Pacific marke...

Read More