News

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04 Oct 2022 09:25

CBRT forecast from Goldman Sachs

Daily News

Goldman Sachs has predicted that the Central Bank of the Republic of Turkey (TCMB) will cut interest rates by 100 basis points every month this year. Following Pr...

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04 Oct 2022 09:24

Short selling continues upwards in BIST 50

Daily News

The upward step rule in short selling of shares in the BIST 50 index will also be applied today. It was decided that the upward step rule in short selling transac...

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03 Oct 2022 13:48

UK steps back on tax plan

Daily News

In the UK, Finance Minister Kwasi Kwarteng has stated that they will not move forward with the removal of the 45% income tax levied on those earning over £150,000...

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03 Oct 2022 13:47

Russia’s move to trade in local currency in agricultural exports

Daily News

Russian Agriculture Minister Dmitry Patrushev said that they are holding talks on paying for agricultural exports to Turkey, Egypt and Iran in local currency. Rus...

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03 Oct 2022 13:47

Tesla's record did not please investors

Daily News

Tesla broke a record for vehicle deliveries in the third quarter of 2022 despite ongoing production and supply chain issues, but the figure fell short of estimate...

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03 Oct 2022 13:46

Erdogan: We will overcome the inflation issue

Daily News

In his speech at the Participation Finance Strategy Document Presentation Meeting, President Recep Tayyip Erdoğan made the following comment regarding inflation: ...

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30 Sep 2022 10:17

TCMB continues gold purchases

Daily News

According to the data of the World Gold Council, the Central Bank of the Republic of Turkey (TCMB) added 9 tons of gold to its gold reserves in August. Thus, rese...

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30 Sep 2022 10:16

Former US Treasury Secretary Summers' 2007 warning

Daily News

Former US Treasury Secretary Larry Summers stated that a level of anxiety similar to August 2007, when the first signs of the collapse in the US housing market we...

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30 Sep 2022 10:16

First negative quarter for oil since 2020

Daily News

Oil is posting a negative quarterly performance for the first time since 2020 as macro indicators are shaken. Oil lost ground as concerns over a global economic s...

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30 Sep 2022 10:15

Bank of Japan increases bond purchases

Daily News

The Bank of Japan (BOJ) has increased the amount of regular bond purchases amid rising bond yields due to volatility in global markets. The bank is expected to in...

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30 Sep 2022 10:15

Elon Musk: Cybertruck will be able to drive on water

Daily News

Elon Musk announced that the electric pickup Cybertruck can navigate water like a boat. The electric pickup model Cybertruck, announced by electric automotive gia...

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29 Sep 2022 09:35

BMW chooses Amazon Alexa as its voice assistant

Daily News

BMW has chosen Alexa as its next-generation voice assistant. The first vehicles with BMW’s next-generation voice assistant will be released over the next two year...

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29 Sep 2022 09:18

Recession comments from giant fund managers

Daily News

Although US fund managers cannot reach a consensus on the possibility of a recession, according to JPMorgan modeling, the S&P 500 index indicates a 92 percent pro...

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28 Sep 2022 09:47

San Francisco Fed President Daly: We don't want to hurt the economy

Daily News

San Francisco Fed President Mary Daly said the Fed is "determined" to bring down high inflation, but does not want to put the economy in a difficult position or i...

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28 Sep 2022 09:47

UK Chancellor of the Exchequer to meet with Wall Street bankers

Daily News

British Finance Minister Kwasi Kwarteng is set to meet with Wall Street bankers today. Minister Kwarteng met with bankers, insurers and asset managers in the Lond...

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28 Sep 2022 09:46

EBRD raises growth forecast for Türkiye

Daily News

The European Bank for Reconstruction and Development (EBRD) has raised its 2022 growth forecast for Turkey from 2 percent to 4.5 percent. The bank noted in its as...

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28 Sep 2022 09:46

Blinken: Leaks in Nord Stream Could Be Sabotage

Daily News

US Secretary of State Antony Blinken said that the leaks in the Nord Stream pipeline were being investigated and that initial reports suggested they may have been...

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28 Sep 2022 09:46

$512 million disaster financing from the World Bank to Turkey

Daily News

The World Bank has approved a $512 million loan to Turkey to increase financing for the retrofitting of housing and infrastructure against earthquakes and floods....

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28 Sep 2022 09:45

Harris calls for 'increased cooperation in chip procurement'

Daily News

Meeting with representatives of the Japanese business community including Nikon, Fujitsu, Hitachi High-Tech and Tokyo Electron in Tokyo, US Vice President Kamala ...

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27 Sep 2022 09:09

"The Swiss Central Bank will do everything to reduce inflation"

Daily News

Swiss National Bank (SNB) Board Member Andrea Maechler said the bank will do everything to bring inflation down. Strong messages about the fight against inflation...

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27 Sep 2022 09:09

Hawkish message from Cleveland Fed President Mester

Daily News

Fed officials continue to make statements on the path of monetary policy. Cleveland Fed President Loretta Mester said the Fed should raise interest rates and keep...

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