News

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29 Mar 2023 11:51

UBS brings back former executive Sergio Ermotti

Daily News

Switzerland’s largest bank, UBS, has announced that former CEO Sergio Ermotti will return to his post, a week and a half after a state-backed emergency buyout by ...

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29 Mar 2023 11:51

Airfryers and deep fryers removed from surveillance

Daily News

According to the circular on amendments to the circular on implementation of surveillance on imports published in today’s Official Gazette, airfryers and fryers w...

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29 Mar 2023 11:50

Record budget passed in Japan

Daily News

The record-breaking budget will cover the period from April 2023 to March 2024 and will be 114.3 trillion yen, or $870 billion. One of the largest items in the bu...

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29 Mar 2023 11:50

Apple launches payment service Apple Pay Later

Daily News

Buy now, pay later solutions have become the new investment area for technology companies. Technology giant Apple announced that they have launched its payment se...

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29 Mar 2023 11:49

Australian inflation below expectations

Daily News

Australia’s inflation rate in February came in at 6.8%, below expectations. Australia’s monthly inflation rate in February came in at 6.8%, slower than the same p...

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29 Mar 2023 11:49

Asian stock markets rise on Alibaba news

Daily News

Asia-Pacific markets rose on Wednesday, with shares of Chinese tech giant Alibaba trading in Hong Kong rising at the open after the company announced it would spl...

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28 Mar 2023 10:25

Deadline for February summary and premium service declarations extended

Daily News

It has been decided to extend the deadlines for submitting the Value Added Tax, Stamp Duty and Withholding Tax and Premium Service Returns that are required to be...

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28 Mar 2023 10:24

JPMorgan recommends defensive stance on stocks

Daily News

JPMorgan Chase & Co. Strategist Marko Kolanovic advised stock investors to remain defensive due to the uncertainty in the economic outlook. JPMorgan Chase & Co. S...

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28 Mar 2023 10:24

The contraction trend in white goods exports continues

Daily News

According to the data of the Turkish White Goods Manufacturers Association (TÜRKBESD), although production in six main groups increased by 2 percent compared to t...

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28 Mar 2023 10:23

"BOE will not raise interest rates to pre-crisis highs"

Daily News

Bank of England Governor Andrew Bailey said interest rates were likely to remain below the highs seen before the financial crisis The Bank of England Governor And...

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28 Mar 2023 10:23

Transfer arrangements for BES receivables to banks

Daily News

The regulation that allows all or part of the individual retirement system receivables to be transferred to banks has been published in the Official Gazette. The ...

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28 Mar 2023 10:22

Asian stock markets rise

Daily News

Asia-Pacific markets were broadly higher on Tuesday as investors’ fears over the recent banking turmoil continued to show signs of easing. Australia’s S&P/ASX 200...

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28 Mar 2023 10:21

Disney lays off 7,000 employees

Daily News

The first thing Bob Iger, who returned to Disney for the second time as CEO in November, did was to cut the workforce. The CEO of the American media giant announc...

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28 Mar 2023 10:21

The regulation to increase the lowest retirement salary was passed by the Commission

Daily News

The bill that foresees the minimum retirement salary to be increased to 7,500 liras was accepted in the TBMM Planning and Budget Committee. With the amendment mad...

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28 Mar 2023 10:20

Fed Governor: SVB's bankruptcy a case of 'mismanagement'

Daily News

Fed Vice Chairman of Financial Institutions Michael Barr noted that the bankruptcy of Silicon Valley Bank (SVB) was a "case of mismanagement" and that the bank's ...

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28 Mar 2023 10:20

CMB approves Halkbank and Vakıfbank's allocated capital increase

Daily News

The Capital Markets Board has approved the capital increases of Halkbank and Vakıfbank. The CMB has approved the capital increases of Halkbank and Vakıfbank. Acco...

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27 Mar 2023 11:13

Sectoral confidence rises in services, falls in retail and construction

Daily News

According to TurkStat data, the seasonally adjusted confidence index increased by 1.1 percent in the services sector, decreased by 4.4 percent in the retail trade...

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27 Mar 2023 11:12

Fed and India pricing in gold

Daily News

The inflationary emphasis coming from the Fed in gold created pressure on pricing on the first trading day of the new week. Signals coming from India are also bei...

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27 Mar 2023 11:12

The person who sparked the Credit Suisse crisis resigns

Daily News

The Chairman of the Board of Directors of the Saudi National Bank, Ammar Al Khudairy, whose statements caused the historic collapse in Credit Suisse shares, has r...

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27 Mar 2023 11:11

Bank that was the 'flare' of the crisis in the US was sold

Daily News

The ‘flagship’ bank of the crisis in the US has been sold Silicon Valley Bank, which brought the banking crisis in the US to the agenda of global markets, has bee...

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27 Mar 2023 11:10

ECB/ Guindos: Banking turmoil casts shadow on interest rate policy

Daily News

European Central Bank Vice President Luis de Guindos said the banking sector was “going through a period of very high uncertainty” and that this required a meetin...

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