News

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27 Apr 2023 09:18

US House of Representatives approves debt ceiling increase

Daily News

The U.S. House of Representatives has approved a bill prepared by House Speaker Kevin McCarthy that would increase the federal debt ceiling. The bill, which would...

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27 Apr 2023 09:18

Samsung's profits fall 95% due to falling chip prices

Daily News

Samsung profit falls in the first quarter of 2023 as memory chip prices continue to fall and demand remains weak. South Korean electronics giant Samsung’s operati...

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27 Apr 2023 09:16

US approves Russia's critical agricultural payments

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According to Reuters, the US has allowed JPMorgan to process payments for Russia’s agricultural exports, while Russia wants to be allowed back into SWIFT. The US ...

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27 Apr 2023 09:15

Erdoğan to connect remotely to ceremony in Akkuyu

Daily News

President Recep Tayyip Erdoğan has also canceled his visit to Mersin today following his illness the day before. Erdoğan will connect to the ceremony in Akkuyu re...

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26 Apr 2023 09:15

First Republic Bank considers asset sale

Daily News

First Republic Bank is considering divesting $50 billion to $100 billion in assets as it tries to extricate itself from the turmoil that gripped the sector last m...

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26 Apr 2023 09:14

The search for balance in oil

Daily News

Oil rose, offsetting some of Tuesday’s decline on concerns about the outlook for the global economy. U.S. crude traded above $77 a barrel after falling 2.2 percen...

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26 Apr 2023 09:14

Binance.US backs down from acquiring Voyager Digital

Daily News

Binance’s US-based platform Binance US has canceled a $1.3 billion deal for assets of Voyager Digital Cryptocurrency exchange Binance.US, the US subsidiary of cry...

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26 Apr 2023 09:14

Hyundai to build electric vehicle battery factory in US

Daily News

South Korea-based automaker Hyundai announced that they plan to establish a $5 billion electric vehicle battery factory in the US with SK On. In a statement made ...

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26 Apr 2023 09:13

Asian stock markets mixed on banking concerns

Daily News

Asia-Pacific markets were mixed on Wednesday after banking concerns reignited on Wall Street. Shares in First Republic Bank tumbled more than 49% after the region...

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26 Apr 2023 09:13

Microsoft and Alphabet increase their revenues

Daily News

The revenues of American technology companies Microsoft and Alphabet, the parent company of Google, increased in the January-March period. Microsoft, which accept...

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26 Apr 2023 09:12

Merger statement from Ülker Bisküvi

Daily News

An application was made to the Capital Markets Board (SPK) regarding the merger of Ülker Bisküvi Sanayi AŞ with Ülker Çikolata ve Biskot Bisküvi through takeover....

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26 Apr 2023 09:12

Statement from Fitch regarding the US debt limit increase

Daily News

Fitch Ratings, an international credit rating agency, stated that the path to resolving the debt limit impasse in the US remains unclear, and reported that an inc...

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25 Apr 2023 09:42

KKM regulation in corporate tax exemption

Daily News

The corporate tax exemption will also be applied to foreign currencies included in companies’ balance sheets. The corporate tax exemption regulated by the tempora...

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25 Apr 2023 09:42

Volvo invests in driver monitoring company CorrActions

Daily News

Volvo Cars Tech Fund is making a strategic investment in Israeli driver monitoring technology startup CorrActions. “We have decided to acquire a stake in CorrActi...

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25 Apr 2023 09:41

Credit crisis in oil

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U.S. oil and gas investors are likely to have a harder time borrowing from banks in the coming months because of lower commodity prices and tighter credit conditi...

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25 Apr 2023 09:41

South Korea grew 0.8 percent in the first quarter

Daily News

South Korea's GDP rose 0.8 percent in the first quarter from a year earlier. South Korea's gross domestic product rose 0.8 percent in the first quarter from a yea...

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25 Apr 2023 09:41

Google brings AI to cybersecurity

Daily News

Google has announced its cybersecurity suite Cloud Security AI Workbench, powered by a proprietary “security” AI language model called Sec-PaLM. In March, Microso...

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25 Apr 2023 09:40

Production statement from İsdemir

Daily News

İskenderun Demir ve Çelik (İsdemir) announced that they have gradually and controlledly resumed production and reached pre-earthquake production levels. In the no...

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25 Apr 2023 09:40

President Erdoğan's statement on Togg loan

Daily News

President Recep Tayyip Erdoğan made a statement saying, "Our public banks will provide a loan of 50 percent of the vehicle price for Togg for 36 months and with a...

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25 Apr 2023 09:40

ECB: Decision on digital euro to be made in autumn 2023

Daily News

The European Central Bank (ECB) announced that the decision on the next stage of the creation of the digital euro will be made in the fall of this year. The Europ...

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24 Apr 2023 09:46

Credit Suisse's 'crisis quarter' exit balance sheet announced

Daily News

Credit Suisse reported that the bank experienced an outflow of $69 billion in the first quarter when the crisis that shook global markets broke out. The bank stat...

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