News

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04 Apr 2025 04:02

BOJ's policy change

Daily News

former Bank of Japan director said changes could be made to the yield curve program. The Bank of Japan (BOJ) predicted that it could make adjustments to the yield...

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04 Apr 2025 04:02

Layoffs at Uber

Daily News

Transportation network company Uber Technologies will reportedly lay off 200 employees from its recruiting team due to cost savings. The company said in a note to...

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04 Apr 2025 04:02

Constitutional Court rejects request for annulment of e-Commerce Law

Daily News

The Constitutional Court rejected the request to annul and stay the execution of some provisions of the law known to the public as the "e-commerce law". The Const...

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04 Apr 2025 04:02

Asian stocks rise after Powell

Daily News

Asian markets are mostly higher even as the Fed forecasts more rate hikes to tackle inflation. Asia-Pacific markets were broadly higher after Fed Chairman Jerome ...

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04 Apr 2025 04:02

Atlanta Fed President's interest rate expectations

Daily News

Atlanta Fed President Raphael Bostic said he favors holding interest rates steady through the end of the year. Atlanta Fed President Raphael Bostic said Wednesday...

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04 Apr 2025 04:02

Brazilian Central Bank keeps interest rates steady as expected

Daily News

The Brazilian central bank did not change its benchmark interest rate as expected. The Brazilian central bank kept its benchmark interest rate unchanged for the s...

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04 Apr 2025 04:02

Efforts to remove Turkey from the 'grey list' accelerated

Daily News

The Ministry of Treasury and Finance has reportedly accelerated its efforts to have Turkey removed from the Financial Action Task Force’s (FATF) “gray list.” Acco...

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04 Apr 2025 04:02

China: EU must clarify strategic partnership with Beijing

Daily News

China has said the European Union (EU) should “clarify” its stance on its strategic partnership with Beijing. According to Xinhua, Wang Yi, director of the Office...

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04 Apr 2025 04:02

UAE, India reach agreement on overseas money transfers

Daily News

The United Arab Emirates (UAE) and India have signed an agreement on using the dirham and rupee in overseas money transfers. The news on the UAE-based English-lan...

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04 Apr 2025 04:02

YEKDEM cost revised by EPDK

Daily News

The Renewable Energy Resources Support Mechanism (YEKDEM) cost projected per unit energy amount supplied for July and onwards has been updated. The Energy Market ...

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04 Apr 2025 04:02

TCMB expanded Papel's operating license scope

Daily News

It was announced in the Official Gazette that the Central Bank of the Republic of Turkey (TCMB) has expanded the scope of Papel Elektronik Para ve Ödeme Hizmetler...

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04 Apr 2025 04:02

Citi returns to long position in USD/TL

Daily News

Citi strategists stated in a note issued after the TCMB interest rate decision that the institution’s model portfolio was updated to long USD/TL. Citi strategists...

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04 Apr 2025 04:02

US Treasury Secretary Yellen: India is an indispensable partner

Daily News

US Treasury Secretary Janet Yellen has stated that her country sees India as an “indispensable partner.” According to Indianexpress, Yellen, who turned to India a...

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04 Apr 2025 04:02

Rent increase cap application continues in residences

Daily News

Justice Minister Yılmaz Tunç announced that the upper limit of the rent increase rate for housing rents will be 25 percent for one year from July 2, 2023 to July ...

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04 Apr 2025 04:02

Both production and exports increased in the automotive sector

Daily News

In the first six months of this year, total automotive production increased by 13 percent compared to the same period of the previous year, reaching 735,231, whil...

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04 Apr 2025 04:02

US resale home sales exceed expectations

Daily News

US second-hand home sales increased by 0.2 percent on a monthly basis in May, exceeding expectations. The National Association of Realtors (NAR) announced the sec...

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04 Apr 2025 04:02

TESK reacts to chain markets selling with vending machines

Daily News

Bendevi Palandöken, the General President of the Confederation of Turkish Tradesmen and Craftsmen (TESK), stated that while tradesmen close their shops at 22:00, ...

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04 Apr 2025 04:02

Powell: There could be 1 or 2 more rate hikes

Daily News

Fed Chairman Jerome Powell said in his second day of presentation to the US Congress that 1 or 2 more interest rate hikes may be necessary this year. Powell answe...

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04 Apr 2025 04:02

Saudi Arabia and Japan sign 26 agreements

Daily News

Saudi Arabia and Japan signed 26 agreements and protocols including renewable energy, technology and agriculture. Japanese Prime Minister Kishida Fumio met with I...

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04 Apr 2025 04:02

Stronger capital rules are coming to mid-sized banks in the US

Daily News

U.S. Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg said bank regulators are considering imposing stricter capital rules on banks with ass...

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04 Apr 2025 04:02

Statement from the US on Russia's termination of grain initiative

Daily News

The U.S. has called for a reversal of the decision by Russia to terminate the Black Sea Grain Corridor Agreement, drawing attention to the negative impact it coul...

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