News

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07 Nov 2022 09:27

UN Climate Summit takes place in Egypt

Daily News

At the UN Climate Summit, issues such as greenhouse gas emission reduction plans, adaptation to climate change, and climate compensation commitments to developing...

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07 Nov 2022 09:27

Asian stock markets rise

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Asia-Pacific stocks rose early Monday as investors priced in the latest U.S. jobs report and awaited midterm elections. The Hang Seng index in Hong Kong rose 3.5 ...

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07 Nov 2022 09:26

Apple lowers iPhone 14 target

Daily News

Apple has warned that iPhone 14 production will be temporarily curtailed due to Covid restrictions in China. The company previously forecast that it would produce...

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07 Nov 2022 09:25

Unexpected decline in China's foreign trade

Daily News

China's exports and imports unexpectedly decreased in October. Exports and imports fell simultaneously for the first time since May 2020. Rising inflation, rising...

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07 Nov 2022 09:25

The Presidential Cabinet will meet today

Daily News

The Presidential Cabinet will convene today under the presidency of President Recep Tayyip Erdoğan. As always, the economic agenda of the meeting will focus on po...

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07 Nov 2022 09:24

Tech layoffs wave widens

Daily News

The massive layoff wave that Elon Musk created after purchasing Twitter, along with the participation of companies such as Amazon and Lyft, has emerged as a new d...

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04 Nov 2022 09:33

Institutions raise Fed rate forecasts

Daily News

Following the messages given by Fed Chair Jerome Powell at the press conference, some institutions such as TD Securities and Nomura revised upward their estimates...

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04 Nov 2022 09:08

US car app Lyft announces layoffs

Daily News

The turbulence in technology companies in the US is also reflected in employment. Along with the news that Amazon is pausing corporate hiring, it was announced th...

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04 Nov 2022 09:07

Layoffs begin at Twitter

Daily News

Social media company Twitter reportedly plans to begin layoffs on Friday. According to reports in the US press, Twitter management sent an email to employees rega...

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04 Nov 2022 09:07

Asian stocks mixed ahead of US jobs report

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Asian stocks mixed as Hong Kong’s Hang Seng index rose around 5% Hong Kong stocks rose 5% in the Asia-Pacific composite session on Friday as markets continued to ...

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04 Nov 2022 09:06

Oil prices rise on supply concerns

Daily News

Oil rose as investors weighed the tightening outlook for energy supplies against persistent concerns about a global economic slowdown. U.S. crude rose to $89 a ba...

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04 Nov 2022 09:06

BoE's Mann: Inflation drivers still strong

Daily News

Catherine Mann, a member of the Bank of England's Monetary Policy Committee, said the UK was still facing strong domestic drivers of inflation, as well as the aft...

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03 Nov 2022 09:40

White House's Fed assessment

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White House Spokesperson Karine Jean-Pierre said that the Fed's latest rate hike will curb inflation. Following the Fed's interest rate decision, White House Spok...

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03 Nov 2022 09:39

Hong Kong raises interest rates after Fed

Daily News

Following the U.S. Federal Reserve’s (Fed) increase in its benchmark interest rate by 75 basis points, the Hong Kong Special Administrative Region of China increa...

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03 Nov 2022 09:38

China's manufacturing PMI narrows in October

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China’s Caixin Manufacturing Purchasing Managers’ Index fell to 48.4 in October. China’s services activity contracted again in October as COVID-19 measures hit bu...

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03 Nov 2022 09:37

Anti-dumping measures will continue on imports of certain products from China

Daily News

It was decided to continue the anti-dumping measure against imports of "certain fabrics or textile products made of artificial or synthetic fibers" of Chinese ori...

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03 Nov 2022 09:37

BoE prepares for biggest rate hike since 1989

Daily News

The Bank of England (BoE) Monetary Policy Committee is expected to make the biggest increase in policy rates since 1989 at its meeting today. The Bank of England ...

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03 Nov 2022 09:36

Bundesbank warns of 'growing risks'

Daily News

The Bundesbank Vice President warned that risks to the financial system are growing, saying, "If too many risks materialize at the same time, it can be dangerous....

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02 Nov 2022 09:47

Germany may have to double its debt next year

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Germany may have to borrow twice as much next year due to slowing economy The German Finance Ministry has sent a letter to the Bundestag, saying that due to the s...

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02 Nov 2022 09:46

Sony has sold over 25 million PS5s

Daily News

Sony sold 3.3 million PlayStation 5s in the second quarter. That’s flat compared to the same period a year ago, and the company announced that it has sold 25 mill...

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02 Nov 2022 09:37

China closes down Foxconn iPhone factory

Daily News

China has closed the area around the main factory of Foxconn, Apple’s biggest iPhone supplier, in Zhengzhou for seven days as COVID-19 cases surge. China has orde...

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