News

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16 May 2023 09:08

Asian stock markets mixed on data from China

Daily News

Asia-Pacific markets were mixed as investors weighed key economic data from China, which missed estimates despite market expectations of a broader recovery. Retai...

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16 May 2023 09:08

US to buy 3 million barrels of oil for strategic petroleum reserves

Daily News

The US administration announced that it will purchase up to 3 million barrels of crude oil for its strategic petroleum reserve to be delivered in August. The US, ...

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16 May 2023 09:08

US Treasury Secretary warns about debt limit

Daily News

US Treasury Secretary Janet Yellen reiterated her warning that the US could face a cash crunch by June 1 if the debt limit impasse is not resolved. US Treasury Se...

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16 May 2023 09:07

Fed releases Oversight and Regulation Report

Daily News

The Fed has published the May 2023 issue of its Supervision and Regulation Report. The Fed noted in the report that recent bank failures revealed that the distrib...

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16 May 2023 09:07

UN thanks Turkey for "Black Sea Grain Initiative"

Daily News

In a statement made by the United Nations, it was stated that Turkey was thanked for the efforts it made for the Black Sea Grain Initiative and that the food prod...

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16 May 2023 09:07

Changes in the application of securities facility from the Central Bank

Daily News

The Central Bank of the Republic of Turkey has announced that it has changed the implementation instructions regarding securities facilities and decided that cash...

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15 May 2023 10:34

Oil falls as demand concerns persist

Daily News

Oil prices fell for a fourth day as concerns about the U.S. economy and China’s slower-than-expected recovery weighed on the outlook. U.S. crude fell below $70 a ...

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15 May 2023 10:34

Asian stock markets mixed amid debt ceiling concerns

Daily News

Asian stock markets were mixed after worries about the U.S. debt ceiling and two of the three major U.S. indexes posted second straight losses. Asia-Pacific marke...

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15 May 2023 10:34

China's central bank keeps interest rates unchanged

Daily News

The People's Bank of China has kept the benchmark medium-term credit facility (MLF) interest rate unchanged. The People's Bank of China has kept the interest rate...

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15 May 2023 10:33

SoftBank’s losses narrow in 2022

Daily News

SoftBank reported a loss of $7.2 billion in fiscal 2022. Thus, the company reported a loss for the second year in a row, and its loss decreased by 43 percent comp...

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15 May 2023 09:59

Eyes on YSK for the 2nd round

Daily News

According to data by Anadolu Agency in the presidential and general parliamentary elections, after 96 percent of the ballot boxes were opened, the candidate of th...

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15 May 2023 09:59

Biden's debt limit statement: Breaking point not reached

Daily News

U.S. President Joe Biden said talks on the debt limit were continuing but had not yet reached a critical point. U.S. President Joe Biden said talks with Congress ...

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15 May 2023 09:58

Car rental sector reaches 240 thousand vehicles

Daily News

The operational vehicle rental sector made an investment of 10 billion 400 million TL in the first quarter of 2023, adding 13,500 vehicles to its fleet. While the...

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15 May 2023 09:58

Real Madrid lost the 400 million euro 'battle'

Daily News

Real Madrid has lost a €400m legal dispute with Abu Dhabi fund Mubadala over a sponsorship. Spanish football team Real Madrid has lost a €400m court case with Abu...

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12 May 2023 09:28

Biden issues circular on Iranian oil

Daily News

US President Joe Biden has issued a circular stating that there are sufficient supplies of oil and petroleum products in other countries to reduce purchases of Ir...

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12 May 2023 09:27

Nissan's 2022 fiscal year net profit increases

Daily News

Nissan Motor's net profit for fiscal 2022 increased by 3 percent from the previous year to 221.9 billion yen, approximately $1.65 billion. The manufacturer's stat...

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12 May 2023 09:27

SoftBank's Vision Fund reports 5.28 trillion yen investment loss

Daily News

SoftBank Group shares fell after its Vision Fund investment arm lost 5.28 trillion yen for the full year. SoftBank Group shares fell after its Vision Fund investm...

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12 May 2023 09:26

Interest rate message from BOE Governor Bailey

Daily News

Bank of England Governor Andrew Bailey said he hopes interest rates in the U.K. are now near their peak and that the pace of rate hikes could end as inflation wea...

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12 May 2023 09:26

Asian stock markets mixed

Daily News

Asian markets were mixed as U.S. inflation showed signs of easing further. Asia-Pacific markets were mixed after the U.S. released more data showing inflation was...

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12 May 2023 09:26

Biden's 'debt limit' meeting with Congressional leaders postponed

Daily News

White House officials reported that US President Joe Biden’s debt limit meeting with four congressional leaders, scheduled for Friday, has been postponed until ne...

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12 May 2023 09:25

Elon Musk is stepping down as Twitter CEO

Daily News

Twitter CEO Elon Musk has announced that he has hired a new CEO for the company. Musk shared on his Twitter account, "I'm excited to announce that I've hired a ne...

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