News

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28 Nov 2023 11:48

Permission from BDDK to change Adabank to a participation bank

Daily News

The Banking Regulation and Supervision Agency (BDDK) allowed the change of Adabank’s qualification as a participation bank. The Banking Regulation and Supervision...

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28 Nov 2023 11:47

Oil rises on production cut expectations

Daily News

Oil prices rose after a series of losses as the market weighed the possibility of deeper OPEC+ output cuts against signs that global supply is outpacing demand. B...

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13 Nov 2023 09:15

Decision on crypto assets from 48 countries

Daily News

Forty-eight countries and jurisdictions, including the United Kingdom, the United States, Canada, Australia, Germany, Japan, Singapore, and South Africa, have ann...

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13 Nov 2023 09:15

US long-term inflation expectations at 12-year high

Daily News

Consumer confidence in the U.S. continued to decline in November, falling to its lowest level in 6 months. Long-term inflation expectations rose to a 12-year high...

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13 Nov 2023 09:14

Biden and Xi to meet at APEC

Daily News

US President Joe Biden will meet with Chinese President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) Summit scheduled for Nov. 15, senior officials ...

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13 Nov 2023 09:14

Payment of 5 thousand liras to unemployed retirees begins

Daily News

The payment of 5,000 TL to retirees will start tomorrow. SGK payments will be made on November 11-12-13, and Bağkur payments will be made on November 14. One-time...

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13 Nov 2023 09:14

Lagarde's message of long-term tightening

Daily News

European Central Bank (ECB) President Christine Lagarde said keeping the interest rate at 4% would help rein in prices. The European Central Bank (ECB) President ...

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13 Nov 2023 09:13

Famous investor decides to withdraw from Mobius

Daily News

Mobius Investment Trust has announced that Mark Mobius, known as an “investment guru” in international markets, will be leaving Mobius Capital Partners in the com...

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13 Nov 2023 09:13

4.2 billion TL net profit from Emlak Katılım in 9 months

Daily News

Emlak Katılım Bankası's asset size increased by 61.93 percent in the first 9 months of the year compared to the same period of 2022, reaching 150.7 billion TL, wh...

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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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