News

image
04 Apr 2025 04:02

appointments to BDDK

Daily News

Three members of the Banking Regulation and Supervision Agency (BDDK) have been appointed. Ahmet Aksu, Süleyman Çelik and Mehmet Ertürkmen were appointed to three...

Read More
image
04 Apr 2025 04:02

New regulation regarding the presentation of checks in earthquake zones

Daily News

The deadlines for presenting checks of real and legal persons in the earthquake zone have been suspended until June 9. The deadlines for presenting checks of real...

Read More
image
04 Apr 2025 04:02

Dubai Islamic Bank prepares for acquisition in Turkey

Daily News

Dubai Islamic Bank has received approval from its board of directors for a digital banking acquisition in Turkey. The Board of Directors of Dubai Islamic Bank has...

Read More
image
04 Apr 2025 04:02

Automotive sales hit record in April

Daily News

The automobile and light commercial vehicle market in April increased by 62.7 percent compared to the previous year, reaching 97,679 units. Thus, a record number ...

Read More
image
04 Apr 2025 04:02

Fitch warns: US consumer spending could be further constrained

Daily News

International credit rating agency Fitch Ratings reported that weakening consumer confidence due to inflation and tight credit standards due to stress at regional...

Read More
image
04 Apr 2025 04:02

Netflix starts charging for account sharing in the US

Daily News

Global internet television network Netflix has announced that users in the US will be able to share their account information with others for $8 per month. Netfli...

Read More
image
04 Apr 2025 04:02

Asian stock markets fall

Daily News

Asia-Pacific markets were mostly lower on Wednesday. Hong Kong’s Hang Seng index fell 1.05 percent and the Hang Seng Technology Index lost 1.16 percent, led by he...

Read More
image
04 Apr 2025 04:02

New Zealand raises interest rates again

Daily News

The Reserve Bank of New Zealand (RBNZ) raised its policy rate by another 25 basis points, in line with market expectations, warning that inflation is still too hi...

Read More
image
04 Apr 2025 04:02

Oil rises after Saudi Arabia's warning

Daily News

Oil rose for a third session after Saudi Arabia issued a warning to short sellers and suggested OPEC+ could reduce output to boost prices. U.S. crude rose to $74 ...

Read More
image
04 Apr 2025 04:02

Saudi Arabia and Kazakhstan sign memorandum of understanding on energy

Daily News

Saudi Arabia and Kazakhstan signed a memorandum of understanding in the field of energy. According to the news in the official Saudi Arabian agency SPA, Energy Mi...

Read More
image
04 Apr 2025 04:02

The richest man in the world lost $11 billion of his fortune

Daily News

The world’s richest man, Bernard Arnault, lost $11 billion after LVMH stock crash. The world’s richest man, Bernard Arnault, had $11.2 billion wiped from his fort...

Read More
image
04 Apr 2025 04:02

US budget deficit hits $240 billion in May

Daily News

The US federal government's budget deficit came in above expectations at $240 billion in May. The US Treasury Department released its budget balance report for Ma...

Read More
image
04 Apr 2025 04:02

UK inflation hits steepest fall in 30 years

Daily News

The downward momentum in annual inflation in the UK continued in April. Annual inflation in the country fell to its lowest level in a year at 8.7 percent. It was ...

Read More
image
04 Apr 2025 04:02

Ghana becomes Africa's largest gold producer again

Daily News

The West African country of Ghana has once again become the continent’s largest gold producer, with a 32 percent increase in gold production last year. Ghana Cham...

Read More
image
04 Apr 2025 04:02

Asian stocks rise ahead of Fed

Daily News

Asian stocks were mostly higher on Tuesday as U.S. inflation forecasts were down and the Nikkei hit new highs for 2023. Asia-Pacific stocks were broadly higher on...

Read More
image
04 Apr 2025 04:02

Inflation in India at lowest level since January 2021

Daily News

India’s inflation rate falls to lowest level since January 2021 India’s consumer price index rose 4.25 percent year-on-year in May, the lowest inflation rate sinc...

Read More
image
04 Apr 2025 04:02

China's central bank cuts short-term lending rate for first time in 10 months

Daily News

The People's Bank of China has cut its short-term lending rate for the first time since August 2022. The interest rate was cut from 2.0% to 1.90% in the bank's se...

Read More
image
04 Apr 2025 04:02

US inflation outlook falls to two-year low

Daily News

U.S. inflation expectations for the next 12 months fell to the lowest level since May 2021, according to a New York Fed survey. Consumers are increasingly optimis...

Read More
image
04 Apr 2025 04:02

Erdemoğlu sells Sasa shares to foreigners

Daily News

Erdemoğlu Holding sold 3.55 billion TL worth of Sasa shares to foreign institutional investors. Erdemoğlu Holding sold shares in Sasa to foreigners. According to ...

Read More
image
04 Apr 2025 04:02

Attention on US inflation

Daily News

Global markets have turned their attention to US inflation. A moderate softening is expected in US core consumer inflation to be announced today. US May inflation...

Read More
image
04 Apr 2025 04:02

New incentive package preparations in China

Daily News

It was reported that China is working on an incentive plan that includes regulations and interest rate cuts for the real estate sector. While China has made a sur...

Read More