News

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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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27 Mar 2023 11:10

Profits of industrial companies in China plummet

Daily News

In China, industrial companies' profits fell by 23 percent in the first two months of the year compared to the same period of the previous year. In the same perio...

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27 Mar 2023 11:09

China's central government borrows at record levels

Daily News

China’s central government has borrowed at record levels to finance more spending and ease provincial debt burdens. The amount of government bonds sold this quart...

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27 Mar 2023 11:09

IMF says China's economy is showing signs of strong recovery

Daily News

International Monetary Fund Managing Director Kristalina Georgieva said China was showing signs of a strong economic recovery. Speaking at the 2023 China Developm...

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27 Mar 2023 11:08

Fed/ Kashkari: Banking woes are pushing US closer to recession

Daily News

Minneapolis Fed President Neel Kashkari said the recent stresses in the banking system could push the U.S. economy closer to a recession. The recent stresses in t...

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27 Mar 2023 11:08

Asian stocks mixed on banking concerns

Daily News

Asia-Pacific markets were mixed on Monday as investors continued to assess the impact of banking problems in the U.S. and Europe. On Friday, Deutsche Bank saw a s...

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24 Mar 2023 10:46

Gram gold tests new record

Daily News

In global markets, gold approached the $2,000 limit on the last trading day of the week following the signals given by the Fed regarding monetary policy, while gr...

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24 Mar 2023 10:46

Two Swiss banks under Russian investigation

Daily News

It has been revealed that prior to the state-backed acquisition of Credit Suisse by UBS, some bankers from both institutions were summoned to testify in the US. I...

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24 Mar 2023 10:45

Manufacturing activity in Japan contracts for fifth month

Daily News

Japan’s manufacturing activity contracted for a fifth straight month in March, showing that the economic recovery is fragile as global demand slows. Japan’s manuf...

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24 Mar 2023 10:44

Inflation slows in Japan

Daily News

Japan’s inflation rate slowed for the first time in 14 months, with consumer prices excluding fresh food rising 3.1 percent in February from a year earlier. Japan...

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24 Mar 2023 10:43

TikTok CEO testifies to US Congress

Daily News

TikTok CEO Shou Zi Chew, who testified in the US Congress, did not satisfy the lawmakers with his answers on a number of issues, including his relationship with C...

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24 Mar 2023 10:42

Yellen: We are ready to take more steps

Daily News

US Treasury Secretary Janet Yellen said that they are ready to do more, if necessary, to ensure the safety of deposits following the crisis in the banking sector ...

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