News

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08 Aug 2023 09:10

Asian stock markets mixed after China data

Daily News

Asian markets mixed as China trade fell more than expected. Asia-Pacific markets were mixed on Tuesday after China’s July trade came in lower than expected. China...

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08 Aug 2023 09:10

20 percent additional tax on imports of certain jewellery

Daily News

According to the Presidential Decree published in the Official Gazette; an additional financial liability of 20 percent will be applied to imports of products mad...

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08 Aug 2023 09:09

US-Taiwan trade deal becomes law with Biden's signature

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US President Joe Biden has signed the trade agreement with Taiwan into law. It was reported that US President Joe Biden has signed the trade agreement between Tai...

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08 Aug 2023 09:09

US consumer loans rise more than expected

Daily News

Consumer loans in the US increased by $17.85 billion in June, above expectations. The US Federal Reserve (Fed) announced consumer loan data for June. Accordingly,...

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04 Aug 2023 10:12

Deposit interest rates continue to decline

Daily News

The downward momentum in deposit rates continues. Average deposit rates have fallen below 30 percent. While the latest data in Turkey show a significant increase ...

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04 Aug 2023 10:11

Funding support from the People's Bank of China to the private sector

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The People's Bank of China announced that it will increase funding support for the private sector after the private sector meeting. The People's Bank of China ann...

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04 Aug 2023 10:11

Reserve Bank of Australia cuts growth forecast

Daily News

The Reserve Bank of Australia has cut its growth outlook for 2023 to 1%. The Reserve Bank of Australia has cut its growth outlook for the country to 1% from its p...

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04 Aug 2023 10:11

Apple and Amazon announce their second quarter earnings

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US technology giant Apple’s revenue decreased by 1 percent annually in the April-June period, while e-commerce giant Amazon’s revenue increased by 11 percent. App...

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04 Aug 2023 10:10

Trump appears before judge

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Former US President Donald Trump has pleaded not guilty to charges brought against him in a federal court in Washington, DC, as part of the investigation into the...

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03 Aug 2023 12:11

Mehmet Şimşek's comment on inflation: We are in a transition period

Daily News

Minister of Treasury and Finance Mehmet Şimşek evaluated the July inflation data and stated that they are going through a process where disinflation and price sta...

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03 Aug 2023 12:10

The impact of rising US debt issuance on gold

Daily News

Gold traded sideways after falling to a three-week low on signs that the US labor market remains strong and bond yields rose. Gold traded sideways after falling t...

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03 Aug 2023 12:10

JPMorgan's No. 1 reacts to Fed plan

Daily News

According to JPMorgan CEO Jamie Dimon, the tightening capital rules will reduce the appetite of US banks for housing and SME loans. The Fed plan, which will tight...

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03 Aug 2023 12:09

Recovery after oil crash

Daily News

Oil rose after posting its biggest loss in five weeks as investors considered moving away from riskier assets amid signs of a tighter global crude market, includi...

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03 Aug 2023 12:09

Rapid entry into the interest rate reduction process in Brazil

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Brazil’s central bank has started a more aggressive rate-cutting campaign than expected, cutting it by 50 basis points. The central bank of Brazil cut its interes...

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03 Aug 2023 12:07

Service sector activity grows in China

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China’s services sector activity grew in July on solidly rising business activity across the sector. China’s services sector activity grew stronger in July, accor...

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02 Aug 2023 09:15

Update talks for the Customs Union

Daily News

The EU has made a statement regarding the update of the Customs Union agreement with Turkey. The European Union announced that they are discussing the update of t...

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02 Aug 2023 09:14

Atlanta Fed President calls for caution

Daily News

Atlanta Fed President Raphael Bostic urged the U.S. central bank to be cautious about overtightening monetary policy as inflation continues to ease. “We’ve made s...

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02 Aug 2023 09:14

Oil continues to rise

Daily News

Oil rebounded after an industry forecast pointed to a big drop in U.S. inventories, adding to signs of tightening markets. U.S. crude rebounded from a 0.5 percent...

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02 Aug 2023 09:13

South Korea inflation below expectations

Daily News

South Korea's inflation rate hits 2.3% in July South Korea's consumer price index rose 2.3% year-on-year in July, the weakest growth rate since June 2021 and belo...

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02 Aug 2023 09:13

Asian stocks fall as Fitch downgrades US credit rating

Daily News

Asia-Pacific stocks fell after Fitch downgraded the U.S. credit rating. Asia-Pacific stocks fell on Wednesday after ratings agency Fitch downgraded the U.S. credi...

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02 Aug 2023 09:12

Fitch downgrades US long-term credit rating

Daily News

International credit rating agency Fitch Ratings has downgraded the US’s long-term credit rating from “AAA” to “AA+”, while changing the outlook to stable from ne...

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