News

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29 Jun 2023 08:42

China's industrial companies' profits fall on shrinking demand

Daily News

Profits at Chinese industrial firms fell 12.6 percent in May from a year earlier. The shrinking demand was interpreted as an indicator of the country’s ongoing ec...

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29 Jun 2023 08:42

The decision to extend the withholding tax support at KKM was published in the Official Gazette

Daily News

The decision to extend the 0 percent withholding tax application in KKM accounts until the end of the year was published in the Official Gazette. The decision to ...

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27 Jun 2023 09:24

Fed forecast from Morgan Stanley

Daily News

Morgan Stanley said it expects a 25 basis point rate hike in July, following Fed Chair Powell’s messages last week. After Fed Chair Jerome Powell signaled in his ...

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27 Jun 2023 09:24

Aramco looks to China, India to support oil markets

Daily News

Aramco’s chief executive Amin Nasser believes oil market fundamentals remain broadly “solid” for the rest of the year. Saudi Arabia’s oil giant Aramco is expectin...

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27 Jun 2023 09:24

US Treasury Secretary Yellen Plans to Visit China

Daily News

Treasury Secretary Janet Yellen plans to visit China in July Treasury Secretary Janet Yellen plans to visit Beijing in early July for the first high-level economi...

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27 Jun 2023 09:22

Li: China's Q2 growth to be higher than Q1

Daily News

China's second-quarter economic growth will be faster than the first quarter, Premier Li Qiang said on Tuesday. China is on track to meet its annual growth target...

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27 Jun 2023 09:21

Russia extends retaliatory price ceiling

Daily News

Russia has extended the decree banning the sale of oil and petroleum products to participants in the price ceiling on Russian oil until December 31, 2023. Russian...

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27 Jun 2023 09:21

"EU may not find enough financing for climate targets"

Daily News

The European Court of Auditors has warned that the European Union (EU) may not find sufficient financing to meet its ambitious climate goals. The European Court o...

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26 Jun 2023 08:50

S&P Global cuts China growth forecast

Daily News

S&P Global has cut its 2023 GDP growth forecast for China, the world’s second-largest economy. S&P Global said it was cutting its 2023 GDP growth forecast for Chi...

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26 Jun 2023 08:50

Volatile week for oil

Daily News

Oil was volatile as investors weighed the possibility of more civil unrest in Russia following a brief weekend riot at a major OPEC+ producer. U.S. crude traded a...

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26 Jun 2023 08:49

Mitsotakis wins Greek elections

Daily News

The winner of the general elections in Greece was the New Democracy Party led by Prime Minister Mitsotakis. The New Democracy Party, which received 40.5 percent o...

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26 Jun 2023 08:49

Two new appointments to TMSF

Daily News

Two appointments to the Savings Deposit Insurance Fund (SDIF) memberships were published in the Official Gazette. According to the appointment decisions published...

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26 Jun 2023 08:48

Erdogan meets with NATO Secretary General Stoltenberg

Daily News

President Recep Tayyip Erdoğan’s telephone diplomacy continued with a meeting with NATO Secretary General Jens Stoltenberg. Developments in Russia were discussed ...

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26 Jun 2023 08:47

Eid record on bridges and highways

Daily News

Minister of Transport and Infrastructure Uraloğlu announced that vehicle and passenger records were broken on some bridges, highways, and airports. Minister of Tr...

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26 Jun 2023 08:46

Tax warning from central banks' bank

Daily News

The Bank for International Settlements (BIS), known as the central bankers’ bank, has called for reduced public spending and higher taxes to combat inflation. The...

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26 Jun 2023 08:46

China calls on Europe for economic cooperation

Daily News

Chinese Premier Li sent a message of cooperation to Europe against economic security concerns. At a time when economic security concerns are rising in Europe, Chi...

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26 Jun 2023 08:45

Greece goes to the polls again

Daily News

In Greece, where no party achieved a majority to form a government on its own in the elections held on May 21, voters are heading to the polls again. Following th...

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23 Jun 2023 06:27

Stronger capital rules are coming to mid-sized banks in the US

Daily News

U.S. Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg said bank regulators are considering imposing stricter capital rules on banks with ass...

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23 Jun 2023 06:26

Powell: There could be 1 or 2 more rate hikes

Daily News

Fed Chairman Jerome Powell said in his second day of presentation to the US Congress that 1 or 2 more interest rate hikes may be necessary this year. Powell answe...

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23 Jun 2023 06:25

US resale home sales exceed expectations

Daily News

US second-hand home sales increased by 0.2 percent on a monthly basis in May, exceeding expectations. The National Association of Realtors (NAR) announced the sec...

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23 Jun 2023 06:24

Rent increase cap application continues in residences

Daily News

Justice Minister Yılmaz Tunç announced that the upper limit of the rent increase rate for housing rents will be 25 percent for one year from July 2, 2023 to July ...

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