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14 Jun 2023 10:49

$549 million financing from the World Bank to Turkey

Daily News

The World Bank announced that it has approved $549 million in funding for Turkey to increase the use of renewable energy in central government and municipalities....

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14 Jun 2023 10:49

Putin's statement on grain corridor

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Russian President Vladimir Putin said, “We entered into the agreement to support developing countries and to lift the embargo on our agricultural sector. We have ...

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14 Jun 2023 10:49

Germany suspends visa refusal appeals

Daily News

According to a written statement by the German Foreign Ministry, Germany has launched a pilot application to reduce the delay in visa applications and shorten the...

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14 Jun 2023 10:48

Inflation warning from BoE Monetary Policy Committee member

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The Bank of England’s current series of rate hikes may take longer to be felt than previous tightening cycles and may have limited impact on inflation in the very...

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14 Jun 2023 10:48

El-Erian: Fed may be about to make policy mistake

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The Fed would make a big mistake if it skips a rate hike this week, senior economist Mohamed El-Erian warned in a Financial Times op-ed on Monday that “skipping” ...

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14 Jun 2023 10:47

China's real estate slump expected to last for years

Daily News

Economists on Wall Street are warning that weakness in China’s property market could be a drag on the economy in the coming years. “We see persistent weakness in ...

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14 Jun 2023 10:47

South Korea's unemployment hits record low in May

Daily News

South Korea’s unemployment rate fell by 2.5 percent in May. South Korea’s unemployment rate hit a record low of 2.5 percent in May, a level last seen in August 20...

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14 Jun 2023 10:46

South Korea's unemployment hits record low in May

Daily News

South Korea’s unemployment rate fell by 2.5 percent in May. South Korea’s unemployment rate hit a record low of 2.5 percent in May, a level last seen in August 20...

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14 Jun 2023 10:46

Asian stock markets mixed ahead of Fed

Daily News

Asian markets were mixed after the Fed meeting and the U.S. inflation rate hit a two-year low. Asia-Pacific markets were mixed after U.S. inflation rose to a two-...

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13 Jun 2023 10:05

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...

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13 Jun 2023 10:05

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...

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13 Jun 2023 10:04

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 ...

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13 Jun 2023 10:04

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...

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13 Jun 2023 10:03

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

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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...

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13 Jun 2023 10:03

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...

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13 Jun 2023 10:02

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...

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13 Jun 2023 10:02

Ghana becomes Africa's largest gold producer again

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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...

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13 Jun 2023 10:01

US budget deficit hits $240 billion in May

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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...

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13 Jun 2023 10:01

Saudi Arabia and Kazakhstan sign memorandum of understanding on energy

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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...

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12 Jun 2023 09:58

Ebebek's public offering application

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Ebebek Mağazacılık announced that it has filed an IPO application for its shares to be traded on Borsa İstanbul. The global coordinator and book-raising instituti...

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12 Jun 2023 09:55

Summers warns of 'hot economy'

Daily News

Former Treasury Secretary Lawrence Summers said the US economy remains “very, very hot,” although not as hot as it was 6 to 12 months ago. Former US Treasury Secr...

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