News

image
20 Feb 2023 10:52

Insurance experts in the earthquake zone to assess damage

Daily News

Ahmet Nedim Erdem, Chairman of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) Insurance Experts Executive Committee (SEİK) and the Turkish Insuran...

Read More
image
20 Feb 2023 10:52

Highest monthly increase in overseas PPI in 7 months

Daily News

According to TurkStat data, overseas PPI increased by 4.00 percent in January 2023 compared to the previous month, 4.00 percent compared to December of the previo...

Read More
image
20 Feb 2023 10:51

Minister Çavuşoğlu met with his US counterpart Blinken

Daily News

Foreign Minister Mevlüt Çavuşoğlu met with US Secretary of State Antony Blinken at the Presidential Complex. The two ministers participated in inter-delegation ta...

Read More
image
20 Feb 2023 10:50

TPAO's exploration licenses in the Black Sea have been extended

Daily News

It has been decided to extend the license period of 21 oil exploration fields of the Turkish Petroleum Corporation (TPAO) located in the Exclusive Economic Zone i...

Read More
image
20 Feb 2023 10:50

Automotive started the year with increased production

Daily News

According to OSD data, automobile production increased by 48 percent to 70,723 units. The Automotive Manufacturers Association (OSD) announced the production and ...

Read More
image
20 Feb 2023 10:49

Vakıfbank provided $1.8 billion in funding

Daily News

VakıfBank has completed a Diversifed Payment Rights (DPR) securitization transaction totaling approximately $1.8 billion, including $1.7 billion and €75 million. ...

Read More
image
20 Feb 2023 10:49

US plans new sanctions on Russia

Daily News

The Biden administration is planning to impose new export controls and sanctions on Russia. According to Bloomberg News, citing sources familiar with the matter, ...

Read More
image
20 Feb 2023 10:48

The People's Bank of China has not changed the benchmark loan interest rate

Daily News

As the Chinese economy shows more signs of recovery from the pandemic-induced recession, the People's Bank of China, as expected, left its benchmark lending rate ...

Read More
image
20 Feb 2023 10:48

Asian stock markets mixed

Daily News

Asian stock markets were mostly mixed on Monday ahead of economic data releases. Asia-Pacific markets were mixed on Monday as investors awaited a raft of economic...

Read More
image
17 Feb 2023 14:36

Swiss Re: Earthquake damages for Turkey still under assessment

Daily News

Swiss Re CFO John Dacey announced that the damage caused by the earthquake in Turkey and Syria is still being assessed. John Dacey, CFO of Zurich-based insurance ...

Read More
image
17 Feb 2023 14:36

976.5 million TL and 97 million dollar contract from Aselsan

Daily News

An additional contract worth 976.5 million lira and 97 million dollars was signed between Aselsan and the Presidency of Defense Industries for radar procurement. ...

Read More
image
17 Feb 2023 14:35

Futures natural gas prices in Europe hit 17-month low

Daily News

Natural gas futures in Europe continued their decline due to mild weather and LNG shipments as an alternative to Russian gas, falling below 50 euros for the first...

Read More
image
17 Feb 2023 14:34

158,183 damage reports were made to DASK from the earthquake area

Daily News

It was stated that the first damage payment was made by the Natural Disaster Insurance Institution (DASK) less than 24 hours after the earthquake and that damage ...

Read More
image
17 Feb 2023 14:34

448 out of 870 bank branches are providing service in the earthquake zone

Daily News

According to the statement by the Banks Association of Turkey, 448 out of 870 bank branches are providing service, while 2,977 out of 4,131 ATMs are operational i...

Read More
image
16 Feb 2023 11:42

Death toll from earthquakes exceeds 36,000

Daily News

AFAD announced that as of 09:00, 36,187 people lost their lives and 108,068 people were injured in the earthquakes. A total of 36,187 people lost their lives in t...

Read More
image
16 Feb 2023 11:42

EBRD cuts growth forecast for Türkiye

Daily News

The European Bank for Reconstruction and Development (EBRD) stated that it found it reasonable that the disasters would reduce Turkey’s GDP by 1 percent, and lowe...

Read More
image
16 Feb 2023 11:41

Private sector's foreign debt decreased in December

Daily News

As of the end of December, the total credit debt of the private sector from abroad decreased by $7.0 billion compared to the end of 2021, reaching $160.1 billion....

Read More
image
16 Feb 2023 11:41

Investment incentive for Cengiz Holding company

Daily News

The investment project to be made by Eti Alüminyum AŞ in Konya will benefit from incentives such as 100 percent tax reduction and 85 percent investment contributi...

Read More
image
16 Feb 2023 11:41

10 thousand lira household support payments to earthquake victims have begun

Daily News

AFAD announced that the ‘Household Support Payments’ amounting to 10,000 Turkish Lira to be given to earthquake victims whose homes were damaged in the earthquake...

Read More
image
16 Feb 2023 11:40

Lagarde: ECB to continue raising rates due to price pressures

Daily News

European Central Bank President Christine Lagarde said that inflation pressures in the euro zone remain high and the ECB will continue to raise interest rates to ...

Read More
image
16 Feb 2023 11:40

Japan core machinery orders growth falls short of expectations

Daily News

Japan’s core machinery orders rose below market expectations. According to data from the Japanese Cabinet Office, core machinery orders rose 1.6 percent in Decemb...

Read More