News

image
17 Apr 2023 10:28

Car production increased by 34 percent

Daily News

In the first quarter, total automotive production increased by 21 percent annually to 366 thousand 597 units. Automobile production increased by 34 percent to 222...

Read More
image
17 Apr 2023 10:28

Lagarde: Limited tightening of credit could make ECB's job easier

Daily News

European Central Bank President Christine Lagarde said a limited tightening of credit could make the ECB’s job easier. European Central Bank President Christine L...

Read More
image
17 Apr 2023 10:27

The search for balance in oil

Daily News

Oil seeks stability after four weeks of gains as International Energy Agency warns of price hikes Oil prices were flat after advancing for a fourth week on signs ...

Read More
image
17 Apr 2023 10:27

China's central bank keeps interest rates unchanged

Daily News

The People’s Bank of China kept the one-year Medium-Term Credit Facility (MLF) rate unchanged at 2.75%. The People’s Bank of China injected 170 billion yuan ($25 ...

Read More
image
17 Apr 2023 10:27

Yellen: Fed may have less need to raise interest rates further

Daily News

U.S. banks are likely to become more cautious after recent bank failures and may tighten lending further, Treasury Secretary Janet Yellen said on Friday. Banks ar...

Read More
image
17 Apr 2023 10:26

Asian markets started the week on a mixed note

Daily News

Asia-Pacific markets were mixed on Monday. Quarterly earnings reports will shed light on the health of the U.S. financial sector in the wake of the collapse of Si...

Read More
image
14 Apr 2023 10:31

ECB sends message of 'continued tightening'

Daily News

The number of officials who are of the opinion that interest rate hikes should continue at the European Central Bank (ECB) is increasing. Messages of interest rat...

Read More
image
14 Apr 2023 10:31

Fed Chair Powell Meets with Chinese Counterpart Yi Gang

Daily News

Fed Chair Powell and People's Bank of China Governor Yi Gang have met face to face for the first time since 2020. Fed Chair Jerome Powell and People's Bank of Chi...

Read More
image
14 Apr 2023 10:31

Highways and bridges are free on the Sugar Feast and April 23

Daily News

Due to the Sugar Feast holiday and April 23 National Sovereignty and Children's Day, there will be no tolls on highways and bridges under the responsibility of th...

Read More
image
14 Apr 2023 10:30

BOJ Governor Ueda's forecast on wages and global economy

Daily News

Bank of Japan Governor Kazuo Ueda said on his first international call that he expects the global economy to recover after a period of slowdown, which would help ...

Read More
image
14 Apr 2023 10:30

Oil on track for fourth consecutive week of gains

Daily News

Oil headed for a fourth straight weekly gain, supported by a tightening global market and a weaker dollar. U.S. crude rose nearly 2 percent on the week and rose t...

Read More
image
14 Apr 2023 10:28

Number of firms going bankrupt in Japan increases in fiscal 2022

Daily News

It was reported that corporate bankruptcies increased in Japan in the 2022 fiscal year, which ended in March. Credit research organization Teikoku Databank invest...

Read More
image
14 Apr 2023 10:28

Growth forecast from China's central bank governor

Daily News

The Governor of the People's Bank of China, Yi Gang, said that the Chinese economy will likely grow by around 5% this year. The Governor of the People's Bank of C...

Read More
image
14 Apr 2023 10:27

Singapore makes surprise decision to keep monetary policy unchanged

Daily News

The Reserve Bank of Singapore left monetary policy unchanged on Friday. The Monetary Authority of Singapore (MAS) made a surprise decision not to change its monet...

Read More
image
14 Apr 2023 10:27

Asian stock markets mostly higher

Daily News

Asia-Pacific stocks were broadly higher on Friday, following Wall Street’s moves as the U.S. producer price index gave further signs that inflation is cooling. Th...

Read More
image
13 Apr 2023 10:14

Akbank secured a syndicated loan

Daily News

Akbank secured a social themed syndicated loan from international markets consisting of two tranches in dollars and euros. Akbank secured a social themed syndicat...

Read More
image
13 Apr 2023 10:13

IEA/Birol: Supply contraction will push oil prices up

Daily News

The President of the International Energy Agency (IEA), Fatih Birol, stated that OPEC+’s decision to cut production will push prices up. The President of the Inte...

Read More
image
13 Apr 2023 10:13

Global markets test interest rates

Daily News

Global markets are trying to assess the level at which interest rates will peak after the US inflation data released yesterday, the Fed minutes and the statements...

Read More
image
13 Apr 2023 10:12

Apple in talks with suppliers to produce MacBooks in Thailand

Daily News

Apple is also negotiating with suppliers to produce MacBooks after Apple Watch production in Thailand. According to the Nikkei newspaper, Apple is negotiating wit...

Read More
image
13 Apr 2023 10:12

China's exports rise unexpectedly

Daily News

China’s exports unexpectedly rose in March, its first gain in six months. Exports rose 14.8 percent in dollar terms last month from a year earlier, while imports ...

Read More
image
13 Apr 2023 10:12

Softbank sells majority of its stake in Alibaba

Daily News

Japanese investment firm SoftBank Group is to sell almost all of its stake in China’s Alibaba Group Holding. Softbank is preparing to sell all of its remaining st...

Read More