News

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04 Apr 2025 04:02

China's Central Bank makes surprise interest rate cut

Daily News

The People’s Bank of China unexpectedly cut interest rates, assessing that the economy needs support. The People’s Bank of China (PBOC) unexpectedly cut policy ra...

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04 Apr 2025 04:02

Growth in Japan exceeds expectations

Daily News

Japan’s economy grew 6 percent in real terms in the April-June period of this year. Japan’s economy grew 6 percent annually in the three months ending in June. Ec...

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04 Apr 2025 04:02

Argentina-Russia tremors in emerging markets

Daily News

After the devaluation of the Argentine and Russian currencies against the dollar, all eyes turned to emerging markets. The sharp devaluation of the Argentine and ...

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04 Apr 2025 04:02

Hedge funds bullish on tech stocks

Daily News

With hedge funds making their second-quarter positions public, fund managers have largely maintained their optimism about technology stocks. According to the half...

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04 Apr 2025 04:02

New Zealand keeps interest rates steady

Daily News

The Reserve Bank of New Zealand left its policy rate unchanged for the second consecutive meeting, in line with economists’ expectations, at 5.5%. The Reserve Ban...

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04 Apr 2025 04:02

Rocket Lab to launch climate satellite for NASA

Daily News

The aerospace transportation company Rocket Lab will launch two small satellites for NASA that could help scientists better understand how a warming global climat...

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04 Apr 2025 04:02

The 3rd Inflation Report of the Year will be announced on July 27

Daily News

The Central Bank of the Republic of Turkey (TCMB) will announce the 3rd Inflation Report of the year on Thursday, July 27 in Ankara. According to the announcement...

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04 Apr 2025 04:02

Two banks cut China growth forecast

Daily News

Economists at JPMorgan and Barclays have cut their China growth forecasts amid economic woes stemming from weak domestic demand, falling exports and a weakening r...

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04 Apr 2025 04:02

Fed launches payment system FedNow

Daily News

The US Federal Reserve (Fed) announced that its new system for instant payments, "FedNow", has been launched. In a statement from the Fed, it was reported that th...

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04 Apr 2025 04:02

Gold near 7-week low

Daily News

Gold traded near its lowest level since late June as swap investors in the U.S. increased their pricing of a new rate hike to above 50 percent. Gold traded near i...

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04 Apr 2025 04:02

UK rejects cryptocurrencies as ‘gambling’

Daily News

The UK’s Financial Services Minister Andrew Griffith has stated that treating crypto assets as a form of “gambling” will not reduce existing risks. Speaking in th...

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04 Apr 2025 04:02

Private sector's foreign credit debt decreased in June

Daily News

According to CBRT data, as of the end of June, the total loan debt of the private sector from abroad decreased by $3.2 billion compared to the end of 2022 and amo...

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04 Apr 2025 04:02

Minister Şimşek: We are determined to remove our country from the grey list

Daily News

Minister of Treasury and Finance Mehmet Şimşek, stating that in the report shared by the Financial Action Task Force (FATF), Turkey was recorded as compliant with...

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04 Apr 2025 04:02

China's Effort to Support the Yuan

Daily News

The People's Bank of China (PBOC) sent an important message through the reference exchange rate level it set to prevent the yuan from depreciating, which is headi...

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Former Fed Chairman Bernanke expects rate hike one last time

Daily News

Nobel Prize-winning economist and former Fed Chairman Ben Bernanke said the Fed could raise interest rates for the last time next week. Former Fed Chairman Ben Be...

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04 Apr 2025 04:02

ECB's hawkish name sends message of limited additional increase

Daily News

One of the hawkish European Central Bank governors, Latvian central bank governor Martin Kazaks, said any further rate hikes by the ECB would be more limited. Acc...

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04 Apr 2025 04:02

15 percent mandatory reserve requirement for KKM

Daily News

According to the decision published in the Official Gazette, the required reserve ratio for currency protected deposit accounts has become 15 percent for all matu...

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04 Apr 2025 04:02

Gold near 5-month low after Fed minutes

Daily News

Gold remained flat below $1,900 on speculation that interest rate hikes may continue due to inflation still being too high. After closing below $1,900 for the fir...

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04 Apr 2025 04:02

BTK bans Twitter ads

Daily News

According to the statement made by the Information Technologies and Communication Authority (BTK), advertising on Twitter has been banned. BTK banned advertising ...

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04 Apr 2025 04:02

Unemployment rate fell by 0.3 percentage points in the second quarter

Daily News

According to TurkStat data, unemployment decreased by 73 thousand people in the second quarter compared to the previous quarter and became 3 million 400 thousand ...

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04 Apr 2025 04:02

Accelerating inflation in Japan

Daily News

In Japan, an acceleration trend in headline and core inflation in June was striking. June data in Japan gave upward signals in inflation. In Japan, where an ultra...

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