News

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04 Apr 2025 04:02

Oil retreats after four days of gains

Daily News

Oil fell after a four-day rally of nearly 6% as investors eyed a U.S. interest rate decision. U.S. crude traded at $79 a barrel after closing at the highest level...

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04 Apr 2025 04:02

EU supports Western Balkans, Ukraine and Moldova’s membership

Daily News

The European Union (EU) reiterated its support for the EU membership perspectives of the Western Balkan countries, Ukraine and Moldova. EU Council President Charl...

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04 Apr 2025 04:02

Arm files anticipated filing to go public on Nasdaq

Daily News

Arm Holdings, a British chip designer owned by SoftBank Group Corp, has filed its anticipated filing to go public on Nasdaq. The countdown has begun for the bigge...

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04 Apr 2025 04:02

Motor oil prices have increased

Daily News

Diesel price per liter has increased by 1.02 liras Following the 1.5 lira discount last week, diesel price has been increased this time. The price of diesel per l...

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04 Apr 2025 04:02

Two steps from China to support the yuan

Daily News

China continues to support its currency, the yuan, which fell to its lowest level since November last week. The People's Bank of China (PBOC) set the daily dollar...

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04 Apr 2025 04:02

US new home sales miss expectations in June

Daily News

New home sales in the US decreased by 2.5 percent on a monthly basis in June to 697 thousand, falling below expectations. The US Department of Commerce announced ...

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04 Apr 2025 04:02

TOBB/Hisarcıklıoğlu: Commercial loans should not be cut suddenly

Daily News

Rifat Hisarcıklıoğlu, President of the Union of Chambers and Commodity Exchanges of Turkey (TOBB), stated that the contraction in SME loans had a negative impact ...

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04 Apr 2025 04:02

Akbank's net profit in the second quarter exceeds market expectations

Daily News

Akbank made a net profit of TL 20.3 billion in the second quarter of 2023, above market expectations of TL 17.2 billion. The bank's net profit in the previous qua...

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04 Apr 2025 04:02

TMO announced the corn purchasing price

Daily News

The Soil Products Office (TMO) announced corn purchasing prices. Accordingly, the institution determined the corn purchasing price as 6 thousand TL per ton. In th...

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Fed raises interest rates to 22-year high

Daily News

The US Federal Reserve (Fed), which paused interest rate hikes last month, raised the policy rate by 25 basis points in line with expectations at its July meeting...

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04 Apr 2025 04:02

Richmond Fed President warns about Fed inflation target

Daily News

Richmond Fed President Thomas Barkin said Tuesday that the Fed could lose credibility if it considers changing its 2% inflation target before reaching it. Richmon...

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04 Apr 2025 04:02

Volkswagen to invest $700 million in China's XPeng

Daily News

Volkswagen, one of the world's largest automobile manufacturers, announced that it plans to invest $700 million in Chinese electric vehicle manufacturer XPeng. Ai...

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04 Apr 2025 04:02

Meta prepares to release web version of Threads

Daily News

It has been reported that Meta is preparing to release a web version of Threads, which it launched as a rival to the social media platform X, formerly known as Tw...

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04 Apr 2025 04:02

Meta's revenue increased in the second quarter

Daily News

Meta, the owner of Facebook, Instagram, and WhatsApp, saw its revenue increase by 11 percent to $32 billion in the second quarter of this year. Meta announced its...

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04 Apr 2025 04:02

Putin demands increased capital outflow controls

Daily News

Russian President Vladimir Putin stated that the fluctuations in Russian financial markets that have increased in recent months should be reduced, saying, “We nee...

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04 Apr 2025 04:02

Oil continues to rise

Daily News

Asian Stocks Oil rose after U.S. crude inventories fell and the Federal Reserve said further rate hikes would depend on data. U.S. crude rose for the fifth time i...

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04 Apr 2025 04:02

Major forest fire in Çanakkale

Daily News

Minister of Agriculture and Forestry İbrahim Yumaklı announced that the forest fire that broke out in Çanakkale city center is progressing tangentially, primarily...

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04 Apr 2025 04:02

Additional appropriations for public administrations

Daily News

total of TL 1.1 trillion has been added to the budget arrangements of public administrations. With the law on making changes in the central government budget law ...

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04 Apr 2025 04:02

Modi highlights BRICS' role in tackling economic challenges

Daily News

Prime Minister of India Narendra Modi has said that the role of BRICS countries in tackling economic challenges is significant. Modi was speaking at the 15th BRIC...

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04 Apr 2025 04:02

Restructuring payments extended in earthquake zone

Daily News

The payment period of restructuring installments has been extended in provinces where the state of force majeure continues in the earthquake region The payment pe...

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04 Apr 2025 04:02

Japan's service sector grew in August

Daily News

Business activity in Japan grew faster in August. Au Jibun Bank’s services sector PMI expanded faster in August, supported by “solid” growth in the services secto...

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