News

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29 Mar 2024 09:43

Oil is set to finish the week on a higher note

Daily News

Oil eked out a quarterly gain as OPEC+ restrictions tightened the market. Oil rose 16% in the quarter in the latest sign that export curbs by OPEC and its allies ...

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29 Mar 2024 09:42

Former FTX CEO Bankman-Fried sentenced to 25 years in prison

Daily News

Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, has been sentenced to 25 years in prison in a criminal case charged with fraud and m...

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29 Mar 2024 09:41

Deposit interest rate reached 60 percent

Daily News

The total deposits of the banking sector increased by 79.3 billion Turkish lira in the week ending March 22 compared to the previous week, reaching approximately ...

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29 Mar 2024 09:40

US grew above expectations

Daily News

The US economy grew by 3.4 percent in the fourth quarter of 2023, above expectations. Market expectations were that the economy would grow by 3.2 percent in the f...

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28 Mar 2024 09:39

Oil continues to rise

Daily News

Oil climbed on a quarterly rally on expectations that OPEC+ supply cuts will tighten the global market. U.S. crude rose to $82 a barrel after a modest two-day dec...

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28 Mar 2024 09:38

JPMorgan issues stock market warning

Daily News

Investors crowding into top-performing stocks increases the risk of a correction, according to JPMorgan’s global equity strategist. The clustering of investors in...

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28 Mar 2024 09:37

Trace of real estate crisis in Chinese banks

Daily News

The real estate crisis in China is having a negative impact on the balance sheets of the country’s major banks. The real estate crisis in China is having a negati...

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28 Mar 2024 09:36

Yen to Strengthen Against US Dollar: Nomura

Daily News

Nomura expects the yen to strengthen against the dollar later this year. “We think the yen should get back to 140 against the dollar,” Willcox, head of trading an...

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27 Mar 2024 09:38

Yen hits lowest level since 1990

Daily News

The yen has reached its weakest level since 1990, raising expectations for intervention. The Japanese yen hit its weakest level against the dollar in nearly 34 ye...

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27 Mar 2024 09:37

Why is the shipwreck in the US important to the global economy?

Daily News

bridge collapse in the US is expected to disrupt shipments of products ranging from cars to coal for weeks or even months. Economists say the impact on the econom...

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27 Mar 2024 09:36

Oil prices continue to fall

Daily News

Oil extended its decline after an industry report showed a significant increase in U.S. inventories and broader markets looked weak ahead of the quarter. Brent fe...

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27 Mar 2024 09:36

The Fed's operating loss last year was $114.3 billion

Daily News

The US Federal Reserve (Fed) announced that its total expenses exceeded its earnings by $114.3 billion in 2023. The Fed has published its annual audited balance s...

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27 Mar 2024 09:35

Apple's iPhone sales in China drop 33 percent

Daily News

In China, one of Apple’s most important markets, iPhone shipments fell by 33 percent in February compared to the same period the previous year. Thus, sales fell f...

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26 Mar 2024 09:35

Gold nears record high

Daily News

Gold is hovering near a record high ahead of U.S. inflation data. Gold held on to Monday’s gains as investors turned cautious ahead of U.S. inflation data, which ...

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26 Mar 2024 09:34

Oil calms down after rally

Daily News

Oil settled after the biggest gain in a week as OPEC+ reaffirmed its policy of production cuts amid tensions in the Middle East and Russia. Brent traded around $8...

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26 Mar 2024 09:33

Bitcoin above $70,000 again

Daily News

Bitcoin, which has gained about $ 6,000 in value in the last day, increased by 7.15 percent to $ 70,900. The cryptocurrency Bitcoin increased by about $ 6,000 in ...

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26 Mar 2024 09:31

Russia orders oil companies to reduce production

Daily News

Russia has reportedly ordered oil companies to cut production in order to meet a target set by the Organization of the Petroleum Exporting Countries (OPEC) and so...

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26 Mar 2024 09:30

Suzuki: Won't rule out intervention against weak yen

Daily News

Japanese Finance Minister Shunichi Suzuki said on Tuesday he would not rule out any measures to rein in yen weakness. Suzuki said a weak yen has both positive and...

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25 Mar 2024 09:30

Verbal intervention on Japanese yen

Daily News

The deputy minister responsible for exchange rate policies in Japan stated that they will not allow speculative movements in the yen. The most effective verbal in...

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25 Mar 2024 09:29

Oil on the rise

Daily News

Oil rose after three days of declines on signs the market is tightening due to sanctions, geopolitical risks and OPEC+ supply cuts. Brent crude rose to $86 a barr...

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25 Mar 2024 09:28

Goldman's commodity forecast

Daily News

Goldman Sachs predicts that interest rate cuts will benefit commodity prices this year, with raw material prices set to rise 15%. Commodities will rise this year ...

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