News

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13 Nov 2023 09:12

Erdogan and Scholz to meet in Berlin

Daily News

A German government spokesperson announced that Chancellor Olaf Scholz will meet with President Recep Tayyip Erdoğan in Berlin on Friday, November 17. The German ...

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13 Nov 2023 09:11

Eximbank provided syndicated loan

Daily News

Türk Eximbank announced that it has renewed its syndicated loan by more than 100 percent and provided resources totaling $658 million to support the Turkish expor...

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10 Nov 2023 10:47

Erdogan: We broke the back of inflation, we will erase its effects

Daily News

President Recep Tayyip Erdoğan also made evaluations regarding the economic agenda in his statements to members of the media upon his return from Uzbekistan. Erdo...

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10 Nov 2023 10:46

World Bank provides $155 million loan to Turkish companies

Daily News

The World Bank Board of Executive Directors approved a $155 million loan to support the green transformation of companies in Turkey and to increase climate financ...

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10 Nov 2023 10:46

Weak bond auction from the US

Daily News

The US bond auctions held about an hour before Powell's speech ignited a new wave of selling in the bond market. The US Treasury's $24 billion 30-year bond auctio...

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10 Nov 2023 10:45

The undying longing of the Turkish nation for 85 years

Daily News

Ata's early departure from life was one of the most painful pages in Turkish history. Gazi Mustafa Kemal Atatürk, who raised the Turkish nation from where it had ...

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10 Nov 2023 10:43

Consumer electronics market grew 30% in the first 3 quarters

Daily News

In the first three quarters of the year, the global consumer electronics market, which experienced a decline of 5 to 10 percent, grew by 30 percent in Turkey, sho...

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10 Nov 2023 10:43

Oil's losing streak continues for third week

Daily News

Oil headed for a third straight weekly decline on rising concerns about global demand and a weakening of the war risk premium, with Saudi Arabia blaming speculato...

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10 Nov 2023 10:43

Sony's net profit declines

Daily News

Electronics manufacturer Sony Group reported that its net profit fell 23.1 percent to 417.6 billion yen ($2.76 billion) for the April-September period. Electronic...

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10 Nov 2023 10:42

Fed releases Oversight and Regulation Report

Daily News

The US Federal Reserve (Fed) has published the November 2023 issue of the "Supervision and Regulation Report" on banking conditions in the country and the Fed's s...

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09 Nov 2023 09:39

Urban transformation law is in force

Daily News

The law containing regulations regarding urban transformation was published in the Official Gazette. The “Law on the Transformation of Areas under Disaster Risk a...

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09 Nov 2023 09:39

Oil rises on demand concerns

Daily News

Oil rises from three-month low as stocks rally eases demand woes

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09 Nov 2023 09:39

BDDK granted operating permit to BLG Asset Management

Daily News

The Banking Regulation and Supervision Agency (BDDK) has published its decision regarding the operating permit of BLG Varlık Yönetim AŞ in the Official Gazette. T...

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09 Nov 2023 09:38

Exporter who saw death agreed to malaria

Daily News

Exporters who could not access credit for a long time have obtained more financing opportunities with Eximbank. However, this time, the high interest rates of the...

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09 Nov 2023 09:38

China's consumer prices fall in October

Daily News

Consumer prices in China fell in October for the first time since July on an annual basis, while the central bank is expected to increase easing steps. Deflation ...

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09 Nov 2023 09:37

Moody's expects global economic growth to slow

Daily News

International credit rating agency Moody's reported that the global economic growth rate is expected to slow down to 2.1 percent in 2024 as high interest rates sp...

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09 Nov 2023 09:37

Sabancı Holding increased its net profit by 58.8% in the third quarter

Daily News

Sabancı Holding achieved a net profit of TL 17 billion 274 million in the third quarter of 2023, 38 percent above market expectations. The holding increased its p...

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08 Nov 2023 09:27

Apple postpones iPhone update

Daily News

Apple has decided to delay software updates for iPhones and Macs to review possible glitches. According to Bloomberg, despite the delay, software updates are stil...

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08 Nov 2023 09:26

IMF: ECB should keep interest at 4%

Daily News

The European Central Bank should keep interest rates at or near 4% through 2024 to curb inflation, the International Monetary Fund said on Wednesday. Rapid wage g...

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08 Nov 2023 09:26

Oil at 3-month low

Daily News

Oil prices remained at three-month lows as expectations of a slowdown in U.S. gasoline consumption added to a raft of indicators suggesting a worsening demand out...

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08 Nov 2023 09:25

"Ford, LG Energy Solution and Koç's battery factory postponement plan"

Daily News

According to the Korea Economic Daily, Ford, LG Energy Solution and Koç Holding are considering postponing the groundbreaking of a joint battery factory in Turkey...

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