News

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02 Mar 2023 11:53

February record for automotive sales

Daily News

According to the data of the Automotive Distributors and Mobility Association (ODMD), light commercial and automobile sales were realized as 81 thousand 148 units...

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02 Mar 2023 11:52

China warns bankers of 'hedonistic' lifestyle

Daily News

In China, the relevant regulatory agency has asked bankers to “put aside their hedonistic lifestyle” and “stop copying Western styles.” The latest in a series of ...

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02 Mar 2023 11:52

Fed's Kashkari: Open to rate hikes of 25 or 50 basis points

Daily News

Minneapolis Fed President Neel Kashkari said the Fed is open to raising interest rates by 25 or 50 basis points at its next meeting. Minneapolis Fed President Nee...

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02 Mar 2023 11:52

Fed Chair Powell to Speak to Senate and House of Representatives

Daily News

Fed Chair Jerome Powell will present to the House Financial Services Committee. Fed Chair Jerome Powell will present to the Senate Banking Committee on Tuesday, M...

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02 Mar 2023 11:51

Asian stock markets fall

Daily News

Asia-Pacific stocks traded lower as Fed officials reiterated that more rate hikes are needed to control inflation, with investors bracing for more hikes ahead. Mi...

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02 Mar 2023 11:51

The history of Tofaş, which acquired Stellantis Turkey, from 1968 to the present

Daily News

Turkish automotive giant Tofaş announced that it has signed a Framework Agreement to acquire all rights of Stellantis Turkey. We have compiled the development of ...

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01 Mar 2023 10:07

New chip manufacturing facility from Japan

Daily News

Japanese semiconductor chip consortium Rapidus announced that it will establish a chip manufacturing facility in the northernmost Hokkaido region of the country w...

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01 Mar 2023 10:07

Moody's Türkiye raises growth forecast

Daily News

The international credit rating agency Moody's has raised its growth forecasts for many G20 economies, including Turkey. Moody's raised its growth forecast for th...

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01 Mar 2023 10:07

Asian stock markets rise on data from China

Daily News

Asia-Pacific stocks were mostly higher as investors assessed a range of key economic data in the region. China’s National Bureau of Statistics reported that its m...

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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...

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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...

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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...

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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...

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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 ...

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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 ...

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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...

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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...

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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...

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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...

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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...

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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 ...

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