News

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04 Apr 2025 04:02

UBS faces hundreds of millions of dollars in fines

Daily News

According to the Financial Times, UBS Group AG is facing hundreds of millions of dollars in fines due to its acquisition of Credit Suisse and its dealings with Ar...

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04 Apr 2025 04:02

New Zealand pauses rate hikes

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New Zealand has held its benchmark interest rate steady, after pausing several rate hikes since October 2021. The Reserve Bank of New Zealand (RBNZ) has held its ...

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04 Apr 2025 04:02

China's Premier Li: Risk reduction decision should be made by companies

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Chinese Premier Li Qiang said during a visit to Germany that “risk reduction” decisions should be made by companies rather than governments. Chinese Premier Li Qi...

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04 Apr 2025 04:02

Unemployment in South Korea increased in June

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South Korea's unemployment rate rose to 2.6 percent in June South Korea's seasonally adjusted unemployment rate rose slightly to 2.6 percent in June after reachin...

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04 Apr 2025 04:02

Third meeting for minimum wage

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The Minimum Wage Determination Commission will hold its third meeting for the interim raise at 11:00. The parties will come together for the third time for the in...

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04 Apr 2025 04:02

Oil maintains gains

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Oil held on to gains on news that Russian crude production is starting to ease. Brent crude oil prices held firm this morning after gaining 2% on Tuesday on signs...

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04 Apr 2025 04:02

New collaboration from SASA

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SASA will build the world’s largest propane dehydrogenation unit using Honeywell Oleflex technology. SASA will build the world’s largest Propane Dehydrogenation (...

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04 Apr 2025 04:02

Arm move from the world's most valuable chipmaker

Daily News

Chip designer Arm is reportedly in talks with Nvidia, the world’s most valuable chipmaker, about an initial public offering. Chip designer Arm Ltd., backed by Sof...

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04 Apr 2025 04:02

PayPal move from US investment fund

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US-based investment fund Kohlberg Kravis Roberts (KKR) will reportedly take over up to 40 billion euros of "buy now, pay later" (BNPL) loans from online payment s...

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04 Apr 2025 04:02

Venezuela to join Russian payment system Mir

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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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04 Apr 2025 04:02

Grain corridor message from the USA

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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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04 Apr 2025 04:02

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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04 Apr 2025 04:02

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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04 Apr 2025 04:02

Asian stocks mostly down after Wall Street rally

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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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04 Apr 2025 04:02

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

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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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04 Apr 2025 04:02

Fed official's inflation assessment

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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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04 Apr 2025 04:02

Elon Musk plans to invest in India

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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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04 Apr 2025 04:02

US chipmaker Nvidia invests $50 million

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US-based chipmaker Nvidia will invest $50 million in biotechnology company Recursion to accelerate the development of artificial intelligence models for drug disc...

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04 Apr 2025 04:02

Greens dominate Asian stock markets

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Asian stocks were mostly higher on Friday after softer-than-expected U.S. inflation data. Asia-Pacific stocks were mostly higher on Friday as softer-than-expected...

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04 Apr 2025 04:02

Salary increase bill approved in the Turkish Grand National Assembly

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The "Bill Proposal on the Establishment of Additional Motor Vehicles Tax for Compensation of Economic Losses Caused by the Earthquakes on February 6, 2023 and the...

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04 Apr 2025 04:02

New governor for Reserve Bank of Australia

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Australia has appointed Michele Bullock as its new central bank governor, the Australian Treasury said on Friday. Reserve Bank of Australia deputy governor Michel...

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