News

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04 Apr 2025 04:02

EBRD cuts growth forecast for Türkiye

Daily News

The European Bank for Reconstruction and Development (EBRD) stated that it found it reasonable that the disasters would reduce Turkey’s GDP by 1 percent, and lowe...

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04 Apr 2025 04:02

HSBC to buy SVB UK

Daily News

According to Sky News, HSBC is buying the UK assets of Silicon Valley Bank (SVB), which was the biggest bank failure in the US in a decade. According to Sky News,...

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04 Apr 2025 04:02

Death toll from earthquakes exceeds 36,000

Daily News

AFAD announced that as of 09:00, 36,187 people lost their lives and 108,068 people were injured in the earthquakes. A total of 36,187 people lost their lives in t...

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04 Apr 2025 04:02

Bank crisis doping under

Daily News

Gold rose by 3 percent since Wednesday, reaching its highest level in a month, as the market turned to safer instruments following the bankruptcy of SVB, one of t...

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04 Apr 2025 04:02

All eyes on ECB decision this week

Daily News

The European Central Bank is preparing to announce its interest rate decision amid increasing uncertainty in global financial markets. The bank is expected to con...

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04 Apr 2025 04:02

SVB fluctuation in oil

Daily News

Oil had a volatile start to the week due to the impact of the collapse of SVB, the second-largest bank failure in US history, and Aramco’s forecast that daily con...

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04 Apr 2025 04:02

Pfizer acquires cancer drug maker Seagen

Daily News

US drugmaker Pfizer announced that it has acquired Seagen for approximately $43 billion in a bid to expand its cancer treatment portfolio Pfizer Inc has acquired ...

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04 Apr 2025 04:02

Biden Plans to Meet with Chinese President Jinping

Daily News

US President Biden said he plans to meet with Chinese President Jinping US President Joe Biden announced that he plans to meet with Chinese President Xi Jinping. ...

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04 Apr 2025 04:02

US: World needs Black Sea Grain Shipping Initiative

Daily News

US Department of State Spokesperson Ned Price stated that negotiations to extend the Black Sea Grain Shipment Initiative are at a critical point, and said that th...

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04 Apr 2025 04:02

Election calendar in the Official Gazette

Daily News

The election calendar prepared by the Supreme Electoral Council (YSK) for the Presidential Election and 28th Term General Election to be held on May 14, 2023 has ...

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04 Apr 2025 04:02

Asian stocks fall on SVB concerns

Daily News

Asia-Pacific markets fell in a choppy session on Tuesday after sharp losses on Wall Street overnight as investors grappled with failed U.S. banks including Silico...

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04 Apr 2025 04:02

Sunak: There is no systematic risk in our banks, liquidity is strong

Daily News

UK Chancellor Rishi Sunak said there was “no systemic risk” to UK banks after the SVB collapse and liquidity was strong. UK Chancellor Rishi Sunak said there was ...

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04 Apr 2025 04:02

Efes Holding buys shares in Şişecam

Daily News

Efes Holding purchased shares with a nominal value of 1 million TL at a price range of 46.34-46.96 TL on March 13. Efes Holding increased its shares in Şişecam. A...

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04 Apr 2025 04:02

SVB comment from 2008 crisis prophet

Daily News

Michael Burry, Founder of Scion Asset Management, who foresaw the housing bubble that led to the 2008 financial crisis in the US, stated that the SVB crisis could...

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04 Apr 2025 04:02

448 out of 870 bank branches are providing service in the earthquake zone

Daily News

According to the statement by the Banks Association of Turkey, 448 out of 870 bank branches are providing service, while 2,977 out of 4,131 ATMs are operational i...

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04 Apr 2025 04:02

158,183 damage reports were made to DASK from the earthquake area

Daily News

It was stated that the first damage payment was made by the Natural Disaster Insurance Institution (DASK) less than 24 hours after the earthquake and that damage ...

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04 Apr 2025 04:02

Futures natural gas prices in Europe hit 17-month low

Daily News

Natural gas futures in Europe continued their decline due to mild weather and LNG shipments as an alternative to Russian gas, falling below 50 euros for the first...

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04 Apr 2025 04:02

976.5 million TL and 97 million dollar contract from Aselsan

Daily News

An additional contract worth 976.5 million lira and 97 million dollars was signed between Aselsan and the Presidency of Defense Industries for radar procurement. ...

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04 Apr 2025 04:02

Swiss Re: Earthquake damages for Turkey still under assessment

Daily News

Swiss Re CFO John Dacey announced that the damage caused by the earthquake in Turkey and Syria is still being assessed. John Dacey, CFO of Zurich-based insurance ...

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04 Apr 2025 04:02

Asian stock markets mixed

Daily News

Asian stock markets were mostly mixed on Monday ahead of economic data releases. Asia-Pacific markets were mixed on Monday as investors awaited a raft of economic...

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04 Apr 2025 04:02

The People's Bank of China has not changed the benchmark loan interest rate

Daily News

As the Chinese economy shows more signs of recovery from the pandemic-induced recession, the People's Bank of China, as expected, left its benchmark lending rate ...

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