The Central Bank of the Republic of Turkey held its first Monetary Policy Committee 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 following the TCMB meeting schedule for the March interest rate decision. Throughout 2025, […]
Emlak Konut’s housing campaign aimed at middle-income individuals has garnered significant attention. In the first week of the campaign, 1,623 out of 4,500 housing units were sold. The campaign, initiated in Emlak Konut GYO’s 25 projects in Istanbul, Izmir, Antalya, and Balikesir, attracted citizens interested in becoming homeowners. According to a statement from Emlak Konut, […]
Apple has reached an agreement with the government to lift the sales ban on iPhone 16 in Indonesia. According to Indonesian law, at least 35% of the components of smartphones sold in the country must be locally produced. Apple failed to comply with this rule in the iPhone 16 model, leading the Indonesian Ministry of […]
A restaurant in Ankara has updated its menu to offer choices with and without complimentary items. For those who do not prefer complimentary items with their kebab, prices have decreased by 21 percent. Reporter: Sibel Can In order to retain customers, businesses first reduced portion sizes, and now they have added options on the menu […]
A decrease of 1 lira 43 kurus in diesel prices is expected to take effect starting from tonight. The decline in petrol prices has resulted in a reduction in fuel prices. A reduction of 1 lira 43 kurus is expected in the price per liter of diesel. It is anticipated that the discounted prices will […]
The United Kingdom Competition and Markets Authority (CMA) has approved IBM’s acquisition of HashiCorp for $6.4 billion. The deal had raised antitrust concerns. IBM, one of the technology sector’s leading companies, decided to acquire rival HashiCorp last year to strengthen its hybrid cloud strategy. After lengthy negotiations, the parties agreed on a $6.4 billion deal. […]
President of the United States, Donald Trump, signed an executive order instructing the Department of Commerce to investigate potential tariffs on copper imports. In a signing ceremony at the White House, Trump emphasized the significant impact the copper-related executive order would have. Commerce Secretary Howard Lutnick, present at the ceremony, stated, “Our large American copper […]
Gold prices fell over 2% yesterday, testing below $2,900. The yellow metal stabilized around $2,920 due to buying pressure at the bottom. Meanwhile, gram gold changed hands at 3,425 liras. Correction arrived for record-breaking gold prices. Yesterday, gold prices experienced a drop of over 2%, but balanced around $2,920 due to buying pressure. Gold prices […]
President Donald Trump made a controversial decision to attract investors to the country. Trump announced that foreign investors will be able to purchase a “golden card” for $5 million, which will grant them residency in the US and a pathway to American citizenship. After signing presidential executive orders in the Oval Office, Trump revealed the […]
Following consumer confidence data that fell below expectations, the New York Stock Exchange ended the day with a volatile performance. The Dow Jones index rose by 0.37 percent to 43,621.16 points at the close, while the S&P 500 index fell by 0.47 percent to 5,955.25 points, and the Nasdaq index dipped by 1.35 percent to […]
