News

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14 Apr 2023 10:31

Fed Chair Powell Meets with Chinese Counterpart Yi Gang

Daily News

Fed Chair Powell and People's Bank of China Governor Yi Gang have met face to face for the first time since 2020. Fed Chair Jerome Powell and People's Bank of Chi...

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14 Apr 2023 10:31

Highways and bridges are free on the Sugar Feast and April 23

Daily News

Due to the Sugar Feast holiday and April 23 National Sovereignty and Children's Day, there will be no tolls on highways and bridges under the responsibility of th...

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14 Apr 2023 10:30

BOJ Governor Ueda's forecast on wages and global economy

Daily News

Bank of Japan Governor Kazuo Ueda said on his first international call that he expects the global economy to recover after a period of slowdown, which would help ...

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14 Apr 2023 10:30

Oil on track for fourth consecutive week of gains

Daily News

Oil headed for a fourth straight weekly gain, supported by a tightening global market and a weaker dollar. U.S. crude rose nearly 2 percent on the week and rose t...

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14 Apr 2023 10:28

Number of firms going bankrupt in Japan increases in fiscal 2022

Daily News

It was reported that corporate bankruptcies increased in Japan in the 2022 fiscal year, which ended in March. Credit research organization Teikoku Databank invest...

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14 Apr 2023 10:28

Growth forecast from China's central bank governor

Daily News

The Governor of the People's Bank of China, Yi Gang, said that the Chinese economy will likely grow by around 5% this year. The Governor of the People's Bank of C...

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14 Apr 2023 10:27

Singapore makes surprise decision to keep monetary policy unchanged

Daily News

The Reserve Bank of Singapore left monetary policy unchanged on Friday. The Monetary Authority of Singapore (MAS) made a surprise decision not to change its monet...

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14 Apr 2023 10:27

Asian stock markets mostly higher

Daily News

Asia-Pacific stocks were broadly higher on Friday, following Wall Street’s moves as the U.S. producer price index gave further signs that inflation is cooling. Th...

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13 Apr 2023 10:14

Akbank secured a syndicated loan

Daily News

Akbank secured a social themed syndicated loan from international markets consisting of two tranches in dollars and euros. Akbank secured a social themed syndicat...

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13 Apr 2023 10:13

IEA/Birol: Supply contraction will push oil prices up

Daily News

The President of the International Energy Agency (IEA), Fatih Birol, stated that OPEC+’s decision to cut production will push prices up. The President of the Inte...

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13 Apr 2023 10:13

Global markets test interest rates

Daily News

Global markets are trying to assess the level at which interest rates will peak after the US inflation data released yesterday, the Fed minutes and the statements...

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13 Apr 2023 10:12

Apple in talks with suppliers to produce MacBooks in Thailand

Daily News

Apple is also negotiating with suppliers to produce MacBooks after Apple Watch production in Thailand. According to the Nikkei newspaper, Apple is negotiating wit...

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13 Apr 2023 10:12

China's exports rise unexpectedly

Daily News

China’s exports unexpectedly rose in March, its first gain in six months. Exports rose 14.8 percent in dollar terms last month from a year earlier, while imports ...

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13 Apr 2023 10:12

Softbank sells majority of its stake in Alibaba

Daily News

Japanese investment firm SoftBank Group is to sell almost all of its stake in China’s Alibaba Group Holding. Softbank is preparing to sell all of its remaining st...

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13 Apr 2023 10:12

Limits increased in urban transformation loans

Daily News

The Presidency's "Decision on Amendments to the Decision on Interest Support to be Provided for Loans to be Used from Banks by Rightholders within the Scope of La...

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13 Apr 2023 10:11

Asian stock markets mixed after Fed minutes

Daily News

Asia-Pacific markets were mixed on Thursday after minutes of the March Federal Open Market Committee meeting showed that Fed officials believe the U.S. economy ha...

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13 Apr 2023 10:11

G7's message to protect macroeconomic and financial stability

Daily News

The G7 finance ministers committed to maintaining macroeconomic and financial stability and increasing supply chain diversity. The finance ministers and central b...

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12 Apr 2023 09:58

Energy protocol discussed with Türkiye in Saudi Arabia

Daily News

Diplomatic normalization with Iran and energy protocol with Turkey were discussed in Saudi Arabia. The Saudi Arabian Council of Ministers discussed developments r...

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12 Apr 2023 09:58

Collective labor agreement signed at Migros

Daily News

According to the agreement between Migros and Tez-Koop. Labor Union, employees will receive a raise at rates varying between 56 percent and 71 percent in January ...

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12 Apr 2023 09:58

Oil continues to rise on expectation of increased stocks

Daily News

Crude oil prices continue to rise ahead of data expected to show that inventories are falling in the US sector report. Oil prices are trading near their highest l...

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12 Apr 2023 09:58

Oil continues to rise on expectation of increased stocks

Daily News

Crude oil prices continue to rise ahead of data expected to show that inventories are falling in the US sector report. Oil prices are trading near their highest l...

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