News

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04 Nov 2022 09:33

Institutions raise Fed rate forecasts

Daily News

Following the messages given by Fed Chair Jerome Powell at the press conference, some institutions such as TD Securities and Nomura revised upward their estimates...

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04 Nov 2022 09:08

US car app Lyft announces layoffs

Daily News

The turbulence in technology companies in the US is also reflected in employment. Along with the news that Amazon is pausing corporate hiring, it was announced th...

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04 Nov 2022 09:07

Layoffs begin at Twitter

Daily News

Social media company Twitter reportedly plans to begin layoffs on Friday. According to reports in the US press, Twitter management sent an email to employees rega...

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04 Nov 2022 09:07

Asian stocks mixed ahead of US jobs report

Daily News

Asian stocks mixed as Hong Kong’s Hang Seng index rose around 5% Hong Kong stocks rose 5% in the Asia-Pacific composite session on Friday as markets continued to ...

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04 Nov 2022 09:06

Oil prices rise on supply concerns

Daily News

Oil rose as investors weighed the tightening outlook for energy supplies against persistent concerns about a global economic slowdown. U.S. crude rose to $89 a ba...

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04 Nov 2022 09:06

BoE's Mann: Inflation drivers still strong

Daily News

Catherine Mann, a member of the Bank of England's Monetary Policy Committee, said the UK was still facing strong domestic drivers of inflation, as well as the aft...

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03 Nov 2022 09:40

White House's Fed assessment

Daily News

White House Spokesperson Karine Jean-Pierre said that the Fed's latest rate hike will curb inflation. Following the Fed's interest rate decision, White House Spok...

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03 Nov 2022 09:39

Hong Kong raises interest rates after Fed

Daily News

Following the U.S. Federal Reserve’s (Fed) increase in its benchmark interest rate by 75 basis points, the Hong Kong Special Administrative Region of China increa...

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03 Nov 2022 09:38

China's manufacturing PMI narrows in October

Daily News

China’s Caixin Manufacturing Purchasing Managers’ Index fell to 48.4 in October. China’s services activity contracted again in October as COVID-19 measures hit bu...

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03 Nov 2022 09:37

Anti-dumping measures will continue on imports of certain products from China

Daily News

It was decided to continue the anti-dumping measure against imports of "certain fabrics or textile products made of artificial or synthetic fibers" of Chinese ori...

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03 Nov 2022 09:37

BoE prepares for biggest rate hike since 1989

Daily News

The Bank of England (BoE) Monetary Policy Committee is expected to make the biggest increase in policy rates since 1989 at its meeting today. The Bank of England ...

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03 Nov 2022 09:36

Bundesbank warns of 'growing risks'

Daily News

The Bundesbank Vice President warned that risks to the financial system are growing, saying, "If too many risks materialize at the same time, it can be dangerous....

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02 Nov 2022 09:47

Germany may have to double its debt next year

Daily News

Germany may have to borrow twice as much next year due to slowing economy The German Finance Ministry has sent a letter to the Bundestag, saying that due to the s...

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02 Nov 2022 09:46

Sony has sold over 25 million PS5s

Daily News

Sony sold 3.3 million PlayStation 5s in the second quarter. That’s flat compared to the same period a year ago, and the company announced that it has sold 25 mill...

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02 Nov 2022 09:37

China closes down Foxconn iPhone factory

Daily News

China has closed the area around the main factory of Foxconn, Apple’s biggest iPhone supplier, in Zhengzhou for seven days as COVID-19 cases surge. China has orde...

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02 Nov 2022 09:36

8 billion TL net profit from SASA in 9 months

Daily News

SASA's total net profit for the first 9 months reached 8 billion TL. SASA's total net profit for the first 9 months was 8 billion TL. The company's net profit for...

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02 Nov 2022 09:35

Automobile and light commercial vehicle market grew by 14.9 percent in October

Daily News

According to the Automotive Distributors Association data; the automobile and light commercial vehicle market increased by 14.9 percent annually in October. The a...

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01 Nov 2022 08:52

Çavuşoğlu discussed grain corridor with Russian counterpart

Daily News

Foreign Minister Çavuşoğlu discussed the grain corridor with his Russian counterpart Sergey Lavrov. Relevant Turkish ministers continue to be in contact with thei...

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01 Nov 2022 08:52

Reserve Bank of Australia raises interest rates

Daily News

The Reserve Bank of Australia (RBA) increased interest rates by 25 basis points, in line with market expectations. In a statement made after the RBA's meeting tha...

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01 Nov 2022 08:51

Oil on the rise ahead of Fed

Daily News

Oil rose along with Asian stocks ahead of interest rate decisions by major central banks. U.S. crude rose above $87 a barrel after losing nearly 3 percent in the ...

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01 Nov 2022 08:50

BOJ/Kuroda: Ultra-loose monetary policy should continue

Daily News

Bank of Japan Governor Haruhiko Kuroda said the Bank should continue its ultra-loose monetary policy to support the economy. Bank of Japan Governor Haruhiko Kurod...

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