The BIST 100 index in Borsa Istanbul started the day with a decrease of 0.08%, at 9,565.61 points. At the opening, the BIST 100 index dropped to 9,565.61 points, down by 7.60 points and 0.08% compared to the previous closing. While the banking index lost 0.36%, the holding index increased by 0.06%. Among sector indices, […]
In February, the economic confidence index decreased by 0.5% to a value of 99.2 on a monthly basis. The Turkish Statistical Institute (TUIK) released the economic confidence index data for February. Accordingly, the index decreased by 0.5% from 99.7 in January to 99.2 in February. The consumer confidence index reached 82.1 in February, with a […]
In January, exports increased by 5.8% compared to the previous year, reaching $21.165 billion. Imports, on the other hand, increased by 9.6% to $28.703 billion. During this period, the foreign trade deficit saw a 22% annual increase. The Turkish Statistical Institute (TÜİK) revealed the first foreign trade data of the year. Accordingly, in January, the […]
Last week, Bybit, which had $1.4 billion worth of Ethereum stolen due to an attack by a group of hackers, announced that it will reward those who can assist in tracking, identifying, and freezing the funds with $140 million. Ben Zhou, Co-Founder and CEO of Bybit, announced on his official X account that rewards will […]
Microsoft is testing a free but ad-supported version of Office, which includes applications like Word, Excel, and Power Point. The free version allows for project creation and editing, but some features are unavailable. One of the technology industry’s leading companies, Microsoft, has begun testing a free version of Office that includes advertisements. While access to […]
The Central Bank announced that spending on products targeting the high-income group has slowed down more significantly. The Central Bank of the Republic of Turkey (CBRT) stated that with monetary tightening, consumption expenditures have slowed down in all income groups. In order to better understand the recent monetary transmission mechanism, CBRT examined consumption expenditures in […]
During a special event in New York, Amazon unveiled the Alexa+ (plus) assistant that will provide users with a more advanced and personalized experience. Continuing to enhance the virtual assistant and speaker system Alexa, which was launched in 2014, Amazon showcased the more sophisticated version Alexa+ equipped with artificial intelligence technologies at a launch event […]
The European Bank for Reconstruction and Development (EBRD) has kept its 2025 economic growth forecast for Turkey unchanged at 3%. However, the bank announced its 2026 growth expectation at 3.5%. The EBRD released its Regional Economic Prospects report covering the countries it operates in. The bank revised its regional economic growth forecast down by 0.3% […]
The revenue of California-based chip manufacturer Nvidia reached 39.3 billion dollars in a three-month period with an annual increase of 78%, surpassing market expectations. Nvidia announced its financial results for the three-month period ending on January 26, which it considers as the fourth quarter of the 2025 fiscal year. The company’s revenue in that period […]
The Central Bank of the Republic of Turkey (CBRT) held the first Monetary Policy Committee (MPC) meeting of 2025 in January. According to the decision, the one-week repo auction interest rate was reduced by 250 basis points to 45.00 percent levels. The markets are closely following the CBRT’s interest rate decision for March. In 2025, […]
