Hyundai to build electric vehicle battery factory in US
Daily NewsSouth Korea-based automaker Hyundai announced that they plan to establish a $5 billion electric vehicle battery factory in the US with SK On. In a statement made ...
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South Korea-based automaker Hyundai announced that they plan to establish a $5 billion electric vehicle battery factory in the US with SK On. In a statement made ...
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The Central Bank of the Republic of Turkey has announced that it has changed the implementation instructions regarding securities facilities and decided that cash...
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Binance’s US-based platform Binance US has canceled a $1.3 billion deal for assets of Voyager Digital Cryptocurrency exchange Binance.US, the US subsidiary of cry...
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In a statement made by the United Nations, it was stated that Turkey was thanked for the efforts it made for the Black Sea Grain Initiative and that the food prod...
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Oil rose, offsetting some of Tuesday’s decline on concerns about the outlook for the global economy. U.S. crude traded above $77 a barrel after falling 2.2 percen...
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The Fed has published the May 2023 issue of its Supervision and Regulation Report. The Fed noted in the report that recent bank failures revealed that the distrib...
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First Republic Bank is considering divesting $50 billion to $100 billion in assets as it tries to extricate itself from the turmoil that gripped the sector last m...
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US Treasury Secretary Janet Yellen reiterated her warning that the US could face a cash crunch by June 1 if the debt limit impasse is not resolved. US Treasury Se...
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The US administration announced that it will purchase up to 3 million barrels of crude oil for its strategic petroleum reserve to be delivered in August. The US, ...
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Asia-Pacific markets were mixed as investors weighed key economic data from China, which missed estimates despite market expectations of a broader recovery. Retai...
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China’s industrial production accelerated to its highest level since September 2022 in April, but fell short of expectations. Industrial production in April rose ...
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Oil rose as the U.S. began searching for crude to fill its strategic reserves, but concerns about China’s economic recovery are growing. U.S. crude closed 1.5% hi...
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The EBRD has lowered its growth forecast for Turkey this year from 3 percent to 2.5 percent. The European Bank for Reconstruction and Development (EBRD) has lower...
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Fitch stated in its assessment of the elections, "The elections advancing to the second round are prolonging the uncertainty in the political and economic policie...
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President Recep Tayyip Erdoğan has also canceled his visit to Mersin today following his illness the day before. Erdoğan will connect to the ceremony in Akkuyu re...
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According to Reuters, the US has allowed JPMorgan to process payments for Russia’s agricultural exports, while Russia wants to be allowed back into SWIFT. The US ...
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Samsung profit falls in the first quarter of 2023 as memory chip prices continue to fall and demand remains weak. South Korean electronics giant Samsung’s operati...
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The U.S. House of Representatives has approved a bill prepared by House Speaker Kevin McCarthy that would increase the federal debt ceiling. The bill, which would...
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Asian markets were mixed as the new Bank of Japan governor presided over his first policy meeting. Asia-Pacific markets were mixed on Thursday as investors focuse...
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Meta, the owner of Facebook, Instagram, and WhatsApp, exceeded market expectations with its revenue of $28.7 billion in the first quarter of this year. Meta annou...
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Türk Traktör shared its balance sheet for the first quarter of 2023. Accordingly, the company achieved a net profit of 1.4 billion TL in the first quarter of 2023...
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