News

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14 Sep 2022 09:26

Limited fall in inflation in the UK

Daily News

Inflation in the UK recorded a limited decline in August. Economists had predicted some decline in inflation in the country due to the decline in oil prices. Annu...

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14 Sep 2022 09:23

Russia's energy revenues hit 14-month low

Daily News

Russia’s energy revenues have fallen to their lowest level in more than a year as it cuts gas flows to Europe and sanctions force the country to sell oil at a dis...

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12 Sep 2022 09:10

Chinese aircraft spotted around Taiwan

Daily News

Taiwan reported that 42 Chinese warplanes, 1 military drone and 9 ships were seen around the island. China had been observed to have increased its military patrol...

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12 Sep 2022 09:09

S&P upgrades Portugal's credit rating

Daily News

The international credit rating agency Standard and Poors (S&P) has upgraded Portugal's credit rating. According to the statement made by S&P, the country's long-...

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12 Sep 2022 09:09

Oil falls on demand concerns

Daily News

Oil started the week losing ground as speculation about weakening global demand grew and investors weighed a raft of details about a U.S.-led plan to try to cap t...

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12 Sep 2022 09:08

Asian markets rose

Daily News

Stocks in the Asia-Pacific region started the week on a positive note. Shares in Asia-Pacific rose on Monday amid heightened risk sentiment. The Nikkei 225 rose 1...

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12 Sep 2022 09:06

Nuclear power plant in the middle of the war has completely stopped

Daily News

The production activities at the Zaporizhia Nuclear Power Plant, Europe’s largest nuclear power plant located in Ukraine, have been completely halted. The Ukraini...

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09 Sep 2022 09:49

Yellen's statement on tax hikes for high-income earners

Daily News

US Treasury Secretary Janet Yellen stated that tax rates for high-income earners and corporations should be “returned to historical norms” and that tax reforms wo...

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09 Sep 2022 09:46

Global markets are monitoring interest rate hike expectations and exchange rate movements

Daily News

On the last trading day of the week, markets are monitoring expectations of a 75 basis point rate hike from the Fed and ECB, data released in Asia and exchange ra...

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09 Sep 2022 09:43

Fed to hike interest rates by 75 basis points

Daily News

Fed Chairman Jerome Powell signaled yesterday that the Fed could hike interest rates by 75 basis points at the Federal Open Market Committee meeting on September ...

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09 Sep 2022 09:42

ECB expectations also turned hawkish after historic interest rate hike

Daily News

The European Central Bank (ECB), which increased the main refinancing rate, marginal lending facility and deposit rate by 75 basis points yesterday, may also incr...

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08 Sep 2022 10:02

UK and German Chancellors Discuss Energy Crisis

Daily News

British Prime Minister Liz Truss and German Chancellor Olaf Scholz discussed energy challenges and stressed the importance of energy independence in a phone call....

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08 Sep 2022 09:59

Italy: Gas price cap should apply to all gas purchases

Daily News

Italy will propose that the gas price cap be applied to all gas purchases, not just imports from Russia. If a decision is made to impose a cap on natural gas pric...

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08 Sep 2022 09:58

Petkim announced a planned shutdown as part of maintenance

Daily News

Petkim announced that the major maintenance that is carried out every four years has started at its ethylene and aromatics plants. In a statement made to the Publ...

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08 Sep 2022 09:57

Fed highlights weak economic growth in Beige Book

Daily News

The US Federal Reserve (Fed) stated in its “Beige Book” report that the outlook for future economic growth remains weak in general. The Fed reported in its “Beige...

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08 Sep 2022 09:49

Opening exchange rates in the free market (08.09.2022)

Daily News

In the Istanbul free market, the dollar started the day at 18.2360 liras and the euro at 18.2310 liras. The dollar bought at 18.2340 liras in the free market is b...

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07 Sep 2022 09:47

Lufthansa and pilots union reach agreement

Daily News

The German pilots’ union VC has announced that significant progress has been made in a dispute with Lufthansa over wages, and that a strike planned for this week ...

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07 Sep 2022 09:47

Erdogan: Travel between Bosnia and Herzegovina will be possible with ID cards

Daily News

President Erdogan, who met with the Chairman of the Presidential Council of Bosnia and Herzegovina, Şefik Caferovic, said, "We have now decided that we can now tr...

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07 Sep 2022 09:47

Gazprom plans to switch 25% of Turkey's gas payments to rubles

Daily News

It was reported that the Russian gas company Gazprom plans to switch 25 percent of its gas payments from Turkey to rubles. Gazprom also announced that an agreemen...

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07 Sep 2022 09:46

Automotive exports fell in August

Daily News

According to the data from the Uludağ Automotive Industry Exporters’ Association (OİB), the automotive industry’s exports in August decreased by 6 percent to 2 bi...

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07 Sep 2022 09:46

Petrol and diesel prices increased

Daily News

The price of gasoline has increased by 55 cents per liter and diesel by 69 cents per liter. The increases are reflected in the pump price as of today. Gasoline an...

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