News

image
03 Apr 2023 09:27

UBS plans massive layoffs after merger

Daily News

Swiss banking giant UBS, which has signed a historic merger with Credit Suisse, plans to lay off 20-30 percent of its employees. The banking crisis in Switzerland...

Read More
image
03 Apr 2023 09:27

Minister Nebati: Banking has significant capital buffer

Daily News

Minister of Treasury and Finance Nureddin Nebati said, “Our banking sector has a significant amount of capital buffer against potential risks.” Minister of Treasu...

Read More
image
31 Mar 2023 10:35

Turkey's bread wheat sufficiency rate dropped to 79.9 percent

Daily News

Turkish Statistical Institute (TurkStat) has published the Plant Products Balance Tables for the 2021-2022 season. Turkey's bread wheat sufficiency degree decreas...

Read More
image
31 Mar 2023 10:35

Japan tightens export controls on chips to China

Daily News

The Japanese government will add 23 products to the list of products subject to export controls. The move will make it harder for companies to export to China. Th...

Read More
image
31 Mar 2023 10:34

EBRD invests 140 million euros for Antalya Airport

Daily News

The European Bank for Reconstruction and Development is providing a 140 million euro loan to Fraport TAV Antalya Investment for the airport investment in Antalya....

Read More
image
31 Mar 2023 10:34

Reinsurance support for the Receivables Insurance System

Daily News

The State-Supported Commercial Receivables Insurance System, established for the purpose of effectively protecting risks within the scope of commercial receivable...

Read More
image
31 Mar 2023 10:34

BDDK granted operating permit to TOM Participation Bank Inc.

Daily News

The BDDK has granted an operating permit to TOM Participation Bank Inc. The Banking Regulation and Supervision Agency's (BDDK) decision to grant an operating perm...

Read More
image
31 Mar 2023 10:33

Fed's borrowing has decreased

Daily News

In the US, bank applications for the Fed’s lending facilities decreased last week, indicating a reduced need for liquidity. Institutions’ borrowing level, which w...

Read More
image
31 Mar 2023 10:32

Postponement of customs duty on iron and steel

Daily News

The effective date of the customs duties to be applied on iron and steel products has been postponed to early May The effective date of flat-rolled products of al...

Read More
image
31 Mar 2023 10:32

Toyota's February global sales rise 10.3 percent

Daily News

Toyota Motor's global sales in February reached a record level, rising by 10.3 percent compared to the same period last year. According to the Japanese company's ...

Read More
image
31 Mar 2023 10:32

Fitch draws attention to post-election currency risk

Daily News

Fitch Ratings EMEA Senior Director Erich Arispe stated that the first item on the agenda of the government that will come after the elections in Turkey will be fo...

Read More
image
31 Mar 2023 10:31

Inflation slows in Tokyo

Daily News

Tokyo's consumer price index rises 3.2 percent, inflation slows from December Tokyo's consumer price index excluding fresh food rose 3.2 percent in March, governm...

Read More
image
31 Mar 2023 10:30

Asian stock markets rise

Daily News

Markets in Asia-Pacific were higher on Friday as technology stocks continued to gain traction on Wall Street amid concerns about a new banking crisis. Markets in ...

Read More
image
29 Mar 2023 11:51

UBS brings back former executive Sergio Ermotti

Daily News

Switzerland’s largest bank, UBS, has announced that former CEO Sergio Ermotti will return to his post, a week and a half after a state-backed emergency buyout by ...

Read More
image
29 Mar 2023 11:51

Airfryers and deep fryers removed from surveillance

Daily News

According to the circular on amendments to the circular on implementation of surveillance on imports published in today’s Official Gazette, airfryers and fryers w...

Read More
image
29 Mar 2023 11:50

Record budget passed in Japan

Daily News

The record-breaking budget will cover the period from April 2023 to March 2024 and will be 114.3 trillion yen, or $870 billion. One of the largest items in the bu...

Read More
image
29 Mar 2023 11:50

Apple launches payment service Apple Pay Later

Daily News

Buy now, pay later solutions have become the new investment area for technology companies. Technology giant Apple announced that they have launched its payment se...

Read More
image
29 Mar 2023 11:49

Australian inflation below expectations

Daily News

Australia’s inflation rate in February came in at 6.8%, below expectations. Australia’s monthly inflation rate in February came in at 6.8%, slower than the same p...

Read More
image
29 Mar 2023 11:49

Asian stock markets rise on Alibaba news

Daily News

Asia-Pacific markets rose on Wednesday, with shares of Chinese tech giant Alibaba trading in Hong Kong rising at the open after the company announced it would spl...

Read More
image
28 Mar 2023 10:25

Deadline for February summary and premium service declarations extended

Daily News

It has been decided to extend the deadlines for submitting the Value Added Tax, Stamp Duty and Withholding Tax and Premium Service Returns that are required to be...

Read More
image
28 Mar 2023 10:24

JPMorgan recommends defensive stance on stocks

Daily News

JPMorgan Chase & Co. Strategist Marko Kolanovic advised stock investors to remain defensive due to the uncertainty in the economic outlook. JPMorgan Chase & Co. S...

Read More