News

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04 Apr 2025 04:02

Asian stocks fall on SVB concerns

Daily News

Asia-Pacific markets fell in a choppy session on Tuesday after sharp losses on Wall Street overnight as investors grappled with failed U.S. banks including Silico...

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04 Apr 2025 04:02

Sunak: There is no systematic risk in our banks, liquidity is strong

Daily News

UK Chancellor Rishi Sunak said there was “no systemic risk” to UK banks after the SVB collapse and liquidity was strong. UK Chancellor Rishi Sunak said there was ...

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04 Apr 2025 04:02

Efes Holding buys shares in Şişecam

Daily News

Efes Holding purchased shares with a nominal value of 1 million TL at a price range of 46.34-46.96 TL on March 13. Efes Holding increased its shares in Şişecam. A...

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04 Apr 2025 04:02

SVB comment from 2008 crisis prophet

Daily News

Michael Burry, Founder of Scion Asset Management, who foresaw the housing bubble that led to the 2008 financial crisis in the US, stated that the SVB crisis could...

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04 Apr 2025 04:02

448 out of 870 bank branches are providing service in the earthquake zone

Daily News

According to the statement by the Banks Association of Turkey, 448 out of 870 bank branches are providing service, while 2,977 out of 4,131 ATMs are operational i...

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04 Apr 2025 04:02

158,183 damage reports were made to DASK from the earthquake area

Daily News

It was stated that the first damage payment was made by the Natural Disaster Insurance Institution (DASK) less than 24 hours after the earthquake and that damage ...

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04 Apr 2025 04:02

Futures natural gas prices in Europe hit 17-month low

Daily News

Natural gas futures in Europe continued their decline due to mild weather and LNG shipments as an alternative to Russian gas, falling below 50 euros for the first...

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04 Apr 2025 04:02

976.5 million TL and 97 million dollar contract from Aselsan

Daily News

An additional contract worth 976.5 million lira and 97 million dollars was signed between Aselsan and the Presidency of Defense Industries for radar procurement. ...

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04 Apr 2025 04:02

Swiss Re: Earthquake damages for Turkey still under assessment

Daily News

Swiss Re CFO John Dacey announced that the damage caused by the earthquake in Turkey and Syria is still being assessed. John Dacey, CFO of Zurich-based insurance ...

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04 Apr 2025 04:02

Asian stock markets mixed

Daily News

Asian stock markets were mostly mixed on Monday ahead of economic data releases. Asia-Pacific markets were mixed on Monday as investors awaited a raft of economic...

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04 Apr 2025 04:02

The People's Bank of China has not changed the benchmark loan interest rate

Daily News

As the Chinese economy shows more signs of recovery from the pandemic-induced recession, the People's Bank of China, as expected, left its benchmark lending rate ...

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04 Apr 2025 04:02

US plans new sanctions on Russia

Daily News

The Biden administration is planning to impose new export controls and sanctions on Russia. According to Bloomberg News, citing sources familiar with the matter, ...

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04 Apr 2025 04:02

Vakıfbank provided $1.8 billion in funding

Daily News

VakıfBank has completed a Diversifed Payment Rights (DPR) securitization transaction totaling approximately $1.8 billion, including $1.7 billion and €75 million. ...

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04 Apr 2025 04:02

Automotive started the year with increased production

Daily News

According to OSD data, automobile production increased by 48 percent to 70,723 units. The Automotive Manufacturers Association (OSD) announced the production and ...

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04 Apr 2025 04:02

TPAO's exploration licenses in the Black Sea have been extended

Daily News

It has been decided to extend the license period of 21 oil exploration fields of the Turkish Petroleum Corporation (TPAO) located in the Exclusive Economic Zone i...

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04 Apr 2025 04:02

Asian stocks rise as bank stocks rally

Daily News

Asia-Pacific stocks rose after Wall Street bank stocks rebounded on optimism about the risk of a spillover from the Silicon Valley Bank takeover. U.S. consumer pr...

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04 Apr 2025 04:02

Minister Çavuşoğlu met with his US counterpart Blinken

Daily News

Foreign Minister Mevlüt Çavuşoğlu met with US Secretary of State Antony Blinken at the Presidential Complex. The two ministers participated in inter-delegation ta...

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04 Apr 2025 04:02

Fed prepares to tighten banking rules

Daily News

The Fed is considering changes to its rules governing midsize banks that could include stricter capital and liquidity requirements and steps to strengthen annual ...

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04 Apr 2025 04:02

Highest monthly increase in overseas PPI in 7 months

Daily News

According to TurkStat data, overseas PPI increased by 4.00 percent in January 2023 compared to the previous month, 4.00 percent compared to December of the previo...

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04 Apr 2025 04:02

China/Fu: We are in a position to achieve inflation target of around 3%

Daily News

China's National Bureau of Statistics spokesperson Fu Linghui said that despite some pressure, China is in a position to achieve its inflation target of around 3 ...

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04 Apr 2025 04:02

Insurance experts in the earthquake zone to assess damage

Daily News

Ahmet Nedim Erdem, Chairman of the Union of Chambers and Commodity Exchanges of Turkey (TOBB) Insurance Experts Executive Committee (SEİK) and the Turkish Insuran...

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