News

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11 May 2023 09:16

Pegasus announces first quarter earnings

Daily News

Pegasus announced a higher-than-market loss in the first quarter of 2023, while its foreign exchange-based loss was 22 million euros Pegasus announced a loss of T...

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11 May 2023 09:16

Fed may pause after inflation data

Daily News

The Fed may pause interest rate hikes after data showing that inflation in the US moderated in April. The latest inflation data released in the US may create an o...

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10 May 2023 09:14

Billionaire investor warns of 'hard landing'

Daily News

While attention in the US is focused on developments in the debt limit and inflation data, the effects of the Fed's path on economic activity continue to be discu...

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10 May 2023 09:12

ECB's Schnabel: We will continue to raise interest rates until core inflation falls

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The European Central Bank will continue to raise borrowing costs until it sees core inflation falling sustainably, ECB executive board member Isabel Schnabel said...

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10 May 2023 09:11

Oil rises on US reserve plan

Daily News

Oil rose after the U.S. announced plans to replenish strategic reserves. Oil reversed course at midday, extending gains for a fourth day after the Biden administr...

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10 May 2023 09:11

Asian stock markets eye US inflation

Daily News

Asia-Pacific stocks fell on Wednesday as investors awaited U.S. inflation figures and the Federal Reserve’s subsequent moves for clues about the path ahead. Econo...

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10 May 2023 09:10

New York jury finds Trump 'liable'

Daily News

In a New York court, a jury has ruled that former US President Donald Trump is "liable" for sexual assault in a case in which he was accused of rape and insult by...

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10 May 2023 09:10

Fitch expects “weak performance” for US banks

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International credit rating agency Fitch reported that it expects weaker financial performance for US banks this year, and that this performance may vary dependin...

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10 May 2023 09:10

Apple to Transfer Executive to Automotive Giant General Motors

Daily News

General Motors has tapped Apple Engineering Vice President Mike Abbott to lead its in-car software efforts. As automakers shift to electric vehicles, software has...

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10 May 2023 09:09

Additional quota for students in earthquake zones

Daily News

President Erdoğan announced that an additional 25 percent quota will be allocated for high school students in earthquake zones in state universities in their own ...

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09 May 2023 09:23

Petrol and diesel prices increased

Daily News

The price of gasoline per liter has increased by 43 kuruş, and the price of diesel per liter has increased by 66 kuruş Following the discounts made last week, fue...

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09 May 2023 09:23

China's exports rise above expectations

Daily News

China’s exports increased by 8.5 percent on an annual basis in April, exceeding economists’ expectations. While China’s exports continued to grow in April, import...

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09 May 2023 09:22

Asian markets mixed as China's trade surplus beats expectations

Daily News

Asian markets were mixed as China’s trade surplus beat expectations. Asia-Pacific markets were mixed as China’s trade surplus beat expectations and exports rose 8...

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09 May 2023 09:22

Twitter removes inactive accounts

Daily News

Twitter CEO Elon Musk announced that accounts that have been inactive for several years will be removed from the social media platform. Musk shared a post on his ...

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09 May 2023 09:22

US banks tighten lending conditions in first quarter

Daily News

The Fed reported that banks in the country tightened credit conditions for companies in the first quarter of this year. The Fed released the "Senior Credit Office...

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09 May 2023 09:21

ECB Chief Economist: Inflation momentum remains high

Daily News

European Central Bank (ECB) Chief Economist Philip Lane said that inflation momentum in the Eurozone is still high but will slow down by the end of the year. ECB ...

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09 May 2023 09:21

US consumers' short-term inflation expectations fall

Daily News

The US Federal Reserve (Fed) New York Branch announced that American consumers’ short-term inflation expectations decreased from 4.7 percent in April to 4.4 perce...

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09 May 2023 09:20

Treasury cash balance posted a deficit of 159.1 billion TL in April

Daily News

The Treasury cash balance had a deficit of 159 billion 62 million Turkish Lira in April. The Ministry of Treasury and Finance announced the cash realizations for ...

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08 May 2023 09:23

Oil eases after weekly losses

Daily News

Oil was flat as investors weighed a mixed outlook for global crude demand after a period of volatile trading. U.S. crude rose more than 4% on Friday to hold above...

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08 May 2023 09:22

China increases gold reserves

Daily News

China increased its gold reserves for a sixth straight month as central banks around the world expanded their bullion holdings amid rising geopolitical and econom...

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08 May 2023 09:22

Japan's service sector grows at record pace

Daily News

Japan’s services sector activity expanded at a record pace in April. Au Jibun Bank’s services sector purchasing managers’ index (PMI) came in at 55.4 in April, ab...

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