News

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14 Oct 2022 10:28

Food giant Danone prepares to exit Russia

Daily News

French food giant Danone has announced plans to sell its Russian operations. The development could cost the company 1 billion euros ($978 million). French milk an...

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14 Oct 2022 10:27

Inflation expectations increased in TCMB's market survey

Daily News

In the October Market Participants Survey conducted by the Central Bank of the Republic of Turkey with real sector and financial sector representatives and profes...

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14 Oct 2022 10:27

The sharpest decline in housing sales in a year

Daily News

According to TurkStat data, housing sales across Turkey decreased by 22.9 percent in September compared to the same month of the previous year, reaching 113,402. ...

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11 Oct 2022 09:41

Cautious messages from the Fed's number 2

Daily News

Fed Vice Chair Lael Brainard, unlike the Fed members who previously gave hawkish messages, stated that she is also closely monitoring global risks and gave more c...

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11 Oct 2022 09:40

War concerns in commodities

Daily News

Russia's attacks on civilian targets in many Ukrainian cities have increased concerns in the international community, while also causing sharp upward movements in...

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11 Oct 2022 09:40

Taiwanese chip company's shares hit record low

Daily News

The US announced new measures for chip production, which resulted in a record 8.3 percent drop in TSMC shares. The US’s chip measures dealt a major blow to TSMC’s...

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11 Oct 2022 09:39

Bank of England expands scope of daily intervention

Daily News

The Bank of England has announced that it will expand the scope of its daily bond purchases The Bank of England is expanding the scope of its bond operations. The...

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06 Oct 2022 09:35

Fitch changes UK credit rating outlook to 'negative'

Daily News

International credit rating agency Fitch Ratings has confirmed the UK's credit rating at "AA-", while changing the credit rating outlook from "stable" to "negativ...

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06 Oct 2022 09:34

New missile tests from North Korea raise tensions

Daily News

North Korea has fired two ballistic missiles into the Sea of Japan. It was announced that the missiles, one with a maximum altitude of 350 kilometers and the othe...

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06 Oct 2022 09:34

WB: Target to reduce extreme poverty by 2030 will not be met

Daily News

The World Bank has announced that it is unlikely that the target of ending extreme poverty by 2030 will be met. The report estimated that the number of people liv...

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05 Oct 2022 10:43

European leaders to meet in Prague

Daily News

The European Political Community (EC) meeting, to which all 27 European Union (EU) countries and 17 non-EU European countries have been invited, will be held on O...

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05 Oct 2022 10:42

Gazprom to restart gas exports to Italy

Daily News

Russian energy giant Gazprom announced that it will resume gas exports to Italy via Austria. Russian energy giant Gazprom said that it will resume gas exports, pr...

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05 Oct 2022 10:42

Ukraine's National Bank Governor Shevchenko resigns

Daily News

Kyrylo Shevchenko, the Governor of the National Bank of Ukraine, has resigned, citing health issues. The announcement on the National Bank of Ukraine’s website sa...

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04 Oct 2022 09:25

Gas agreement between Türkiye and Libya

Daily News

Turkey signs preliminary agreement with Libya on hydrocarbons and protocol During a visit to Libya, a high-level delegation including Turkey’s foreign, energy and...

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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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