News

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04 Apr 2025 04:02

Deposit interest rate reached 60 percent

Daily News

The total deposits of the banking sector increased by 79.3 billion Turkish lira in the week ending March 22 compared to the previous week, reaching approximately ...

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04 Apr 2025 04:02

Oil trending down

Daily News

Oil fell ahead of U.S. inflation data and reports from OPEC and the IEA that could provide clues about the demand outlook this week. Brent futures fell 1.1 percen...

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04 Apr 2025 04:02

Former FTX CEO Bankman-Fried sentenced to 25 years in prison

Daily News

Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, has been sentenced to 25 years in prison in a criminal case charged with fraud and m...

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04 Apr 2025 04:02

Fitch upgrades Turkey's credit rating

Daily News

International credit rating agency Fitch Ratings has upgraded Turkey’s credit rating from “B” to “B+”, while changing the outlook from “stable” to “positive”. Fit...

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04 Apr 2025 04:02

Oil is set to finish the week on a higher note

Daily News

Oil eked out a quarterly gain as OPEC+ restrictions tightened the market. Oil rose 16% in the quarter in the latest sign that export curbs by OPEC and its allies ...

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04 Apr 2025 04:02

Stock rally marked the quarter

Daily News

Global stock markets are preparing to close their best quarter in recent years. Global stock markets are preparing to close their best quarter in recent years, pr...

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Türkiye made its choice locally

Daily News

Turkey went to the polls to elect local administrators who will serve for 5 years. More than 61 million voters cast their votes at approximately 207 thousand ball...

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04 Apr 2025 04:02

Watanabe: BOJ rate hike likely in October at earliest

Daily News

The Bank of Japan will not be in a rush to raise interest rates again and will likely make the next move in October at the earliest, said Tsutomu Watanabe, a form...

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04 Apr 2025 04:02

interest rate cuts expected from ECB official

Daily News

Yannis Stournaras, a member of the European Central Bank Governing Council and the President of the Central Bank of Greece, said that there could be four interest...

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04 Apr 2025 04:02

Gold entered the second quarter of the year with a record

Daily News

Gold rose to a record high at the start of the second quarter and continued to rise as the Fed nears interest rate cuts and geopolitical tensions deepened. Bullio...

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04 Apr 2025 04:02

Deutsche gives positive assessment for TL assets after the election

Daily News

new positive assessment of Turkish lira assets was added to the list of foreign institutions after the elections. Following Goldman Sachs, Deutsche Bank stated th...

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04 Apr 2025 04:02

Oil at five-month high

Daily News

Oil held at a five-month high as rising geopolitical risks in the Middle East and tightening supplies from Mexico helped lift prices. Brent rose 0.5 percent on Mo...

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04 Apr 2025 04:02

Fed lowers crypto expectations

Daily News

Following the strong ISM data announced in the US, the prices that the Fed would make its first interest rate cut in June fell below 50 percent for a while. Bitco...

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04 Apr 2025 04:02

Simulation shows US debt on unsustainable path

Daily News

The Congressional Budget Office (CBO) in the US has warned that the US federal government debt is on track to reach levels higher than those of World War II. The ...

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04 Apr 2025 04:02

Europe's hawkish figure has ruled out easing in April

Daily News

European Central Bank Governing Council Member Robert Holzmann said that April is not on his radar for a rate cut. A new one has been added to the June signals fo...

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04 Apr 2025 04:02

27 Turks in the world billionaires league

Daily News

The number of people on the Forbes Billionaires List, an American business magazine, rose to 2,781 this year, while the total wealth of billionaires reached 14.2 ...

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04 Apr 2025 04:02

Oil rises ahead of OPEC+ meeting

Daily News

Oil prices rose after an industry report showed a decline in U.S. crude inventories ahead of an OPEC+ meeting expected to approve current supply cuts. Brent crude...

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04 Apr 2025 04:02

Gold hits new record with Fed officials' statements

Daily News

Gold hit a new record high after Daly and Mester said they still expect the Fed to cut interest rates three times in 2024, sending gold to a new all-time high and...

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04 Apr 2025 04:02

Interest rate message from two Fed officials: We expect three rate cuts

Daily News

Cleveland Fed President Loretta Mester and San Francisco Fed President Mary Daly have said they expect three rate cuts this year. Fed officials Loretta Mester and...

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04 Apr 2025 04:02

Famous investor defends China positions

Daily News

Billionaire investor Ray Dalio has recently given the message that he will not give up on his investments in China, which he warned of a “lost decade.” Famous inv...

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04 Apr 2025 04:02

Future plans of Apple and Google

Daily News

Apple is exploring entering the “personal robotics” space, which has the potential to be the “next big thing.” According to sources familiar with the matter, Appl...

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