News

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09 Sep 2022 09:49

Yellen's statement on tax hikes for high-income earners

Daily News

US Treasury Secretary Janet Yellen stated that tax rates for high-income earners and corporations should be “returned to historical norms” and that tax reforms wo...

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09 Sep 2022 09:46

Global markets are monitoring interest rate hike expectations and exchange rate movements

Daily News

On the last trading day of the week, markets are monitoring expectations of a 75 basis point rate hike from the Fed and ECB, data released in Asia and exchange ra...

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09 Sep 2022 09:43

Fed to hike interest rates by 75 basis points

Daily News

Fed Chairman Jerome Powell signaled yesterday that the Fed could hike interest rates by 75 basis points at the Federal Open Market Committee meeting on September ...

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09 Sep 2022 09:42

ECB expectations also turned hawkish after historic interest rate hike

Daily News

The European Central Bank (ECB), which increased the main refinancing rate, marginal lending facility and deposit rate by 75 basis points yesterday, may also incr...

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08 Sep 2022 10:02

UK and German Chancellors Discuss Energy Crisis

Daily News

British Prime Minister Liz Truss and German Chancellor Olaf Scholz discussed energy challenges and stressed the importance of energy independence in a phone call....

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08 Sep 2022 09:59

Italy: Gas price cap should apply to all gas purchases

Daily News

Italy will propose that the gas price cap be applied to all gas purchases, not just imports from Russia. If a decision is made to impose a cap on natural gas pric...

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08 Sep 2022 09:58

Petkim announced a planned shutdown as part of maintenance

Daily News

Petkim announced that the major maintenance that is carried out every four years has started at its ethylene and aromatics plants. In a statement made to the Publ...

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08 Sep 2022 09:57

Fed highlights weak economic growth in Beige Book

Daily News

The US Federal Reserve (Fed) stated in its “Beige Book” report that the outlook for future economic growth remains weak in general. The Fed reported in its “Beige...

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08 Sep 2022 09:49

Opening exchange rates in the free market (08.09.2022)

Daily News

In the Istanbul free market, the dollar started the day at 18.2360 liras and the euro at 18.2310 liras. The dollar bought at 18.2340 liras in the free market is b...

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07 Sep 2022 09:47

Lufthansa and pilots union reach agreement

Daily News

The German pilots’ union VC has announced that significant progress has been made in a dispute with Lufthansa over wages, and that a strike planned for this week ...

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07 Sep 2022 09:47

Erdogan: Travel between Bosnia and Herzegovina will be possible with ID cards

Daily News

President Erdogan, who met with the Chairman of the Presidential Council of Bosnia and Herzegovina, Şefik Caferovic, said, "We have now decided that we can now tr...

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07 Sep 2022 09:47

Gazprom plans to switch 25% of Turkey's gas payments to rubles

Daily News

It was reported that the Russian gas company Gazprom plans to switch 25 percent of its gas payments from Turkey to rubles. Gazprom also announced that an agreemen...

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07 Sep 2022 09:46

Automotive exports fell in August

Daily News

According to the data from the Uludağ Automotive Industry Exporters’ Association (OİB), the automotive industry’s exports in August decreased by 6 percent to 2 bi...

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07 Sep 2022 09:46

Petrol and diesel prices increased

Daily News

The price of gasoline has increased by 55 cents per liter and diesel by 69 cents per liter. The increases are reflected in the pump price as of today. Gasoline an...

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07 Sep 2022 09:45

How did the Central Bank of Turkey explain the inflation rate that reached its highest level in 24 years?

Daily News

The Central Bank of the Republic of Turkey (TCMB) published its monthly price developments assessment for August. In the assessment, it was stated that the most s...

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06 Sep 2022 09:29

Erdoğan: We are liquidating enforcement debts under 2 thousand liras

Daily News

President Recep Tayyip Erdoğan, in his statement following the Cabinet Meeting, said, "We are liquidating the debts of 2 thousand liras and below, which have caus...

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06 Sep 2022 09:28

Reserve Bank of Australia raises interest rates to 7-year high

Daily News

The Reserve Bank of Australia raised its policy rate by 50 basis points to 2.35 percent, in line with expectations. Thus, the policy rate in the country reached i...

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06 Sep 2022 09:28

Privatization Administration sells 7 properties in 3 provinces

Daily News

The Privatization Administration has put 7 real estates in Istanbul, Izmir, and Kutahya up for sale. The Privatization Administration of the Ministry of Treasury ...

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06 Sep 2022 09:27

Factory orders in Germany fall for 6 months

Daily News

Factory orders in Germany contracted by 1.1 percent in July compared to the previous month, exceeding expectations. Thus, the series of monthly contractions exten...

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06 Sep 2022 09:27

Russia wants to legalize international payments with cryptocurrencies

Daily News

Russian Deputy Finance Minister Aleksey Moiseyev stated that the use of cryptocurrencies in international trade is a necessity, but that they have some disagreeme...

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05 Sep 2022 09:16

Samsung's US user data stolen

Daily News

Samsung announced that some user data may have been stolen in the cyber attack on its US servers. South Korea-based technology giant Samsung announced that it was...

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