News

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26 Jun 2023 08:45

Greece goes to the polls again

Daily News

In Greece, where no party achieved a majority to form a government on its own in the elections held on May 21, voters are heading to the polls again. Following th...

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23 Jun 2023 06:27

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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23 Jun 2023 06:26

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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23 Jun 2023 06:25

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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23 Jun 2023 06:24

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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23 Jun 2023 06:23

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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22 Jun 2023 08:24

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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22 Jun 2023 08:23

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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22 Jun 2023 08:23

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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22 Jun 2023 08:22

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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22 Jun 2023 08:22

Interest rate forecast from Fitch

Daily News

Having raised its growth expectation for the global economy from 2 percent to 2.4 percent for 2023, international credit rating agency Fitch Ratings announced tha...

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22 Jun 2023 08:21

UNCTAD: Global trade recovers but outlook remains weak

Daily News

The United Nations Conference on Trade and Development (UNCTAD) stated that global trade in goods and services growth recovered in the first quarter of 2023, but ...

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22 Jun 2023 08:20

The "Agricultural Agreement" crisis in the Netherlands

Daily News

In the Netherlands, talks on an “Agricultural Agreement” between government officials and farmer representatives ended without an agreement after the country’s la...

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21 Jun 2023 08:33

Elon Musk plans to invest in India

Daily News

Tesla CEO Elon Musk said he wants to invest in India “as soon as possible.” Elon Musk said Tesla is likely to make a significant investment in India after meeting...

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21 Jun 2023 08:32

Fed official's inflation assessment

Daily News

The Fed’s Washington-based board of governors is focused on reducing too-high inflation so the U.S. economy can return to sustained growth, two Fed policymakers a...

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21 Jun 2023 08:32

BOJ's Adachi: Too early to change ultra-easy monetary policy

Daily News

Bank of Japan Governing Board Member Seiji Adachi said it was too early to phase out ultra-loose monetary policy given the high uncertainty about the price outloo...

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21 Jun 2023 08:31

Asian stocks mostly down after Wall Street rally

Daily News

Asian stocks fell broadly on Wednesday as Wall Street’s rally cooled from last week. Asia-Pacific stocks fell broadly on Wednesday, mirroring the moves on Wall St...

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21 Jun 2023 08:30

San Francisco Fed: Supply chain still fueling inflation

Daily News

The San Francisco Branch of the US Federal Reserve stated that the disruptions in the global supply chain caused by the Covid-19 outbreak have largely subsided, b...

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21 Jun 2023 08:30

İş Bank's green debt instrument application to CMB

Daily News

İş Bankası announced that it has applied to the Capital Markets Board regarding the issuance of sustainable debt instruments up to a nominal value of 3 billion Tu...

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21 Jun 2023 08:29

Grain corridor message from the USA

Daily News

The US announced that they will continue to support the efforts of Turkish President Recep Tayyip Erdoğan and the United Nations (UN) regarding the extension of t...

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21 Jun 2023 08:28

Venezuela to join Russian payment system Mir

Daily News

Venezuelan President Nicolas Maduro stated that they will join the Russian payment system Mir in order to reduce the impact of economic sanctions against his coun...

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