Artificial Intelligence Impact: Incoming Wave of $200 Billion Investment

According to multinational US investment bank Goldman Sachs, artificial intelligence could bring significant transformations to the Chinese market in the coming years, triggering an investment influx of $200 billion. However, analysts state that for this surge to be sustainable, the government needs to take supportive measures for the economy. Goldman Sachs strategists highlight the potential […]

Bitcoin Stuck Below $100,000, Investors Locked In at This Level

Bitcoin continues to trade in a tight range below $100,000, with investors increasing their bullish positions in the options market. The most popular trade on the Deribit exchange was for call options expiring on March 28 at $110,000, with over $6 million in premiums paid for these positions. Bitcoin (BTC) remains in a narrow range […]

Samsung to Buy Back $2 Billion Worth of Shares

South Korean technology company Samsung will be initiating a stock buyback for the first time since 2017. The company is set to carry out a share repurchase of approximately $2.08 billion. Based in South Korea, Samsung has decided to buy back shares for 8 years. According to a statement from Samsung, the company will repurchase […]

16 Million Retirees Concerned: How Much Will Holiday Bonuses and Promotions Increase?

16 million retirees are focused on holiday bonuses and bank promotions. The retirement salary bonuses will be determined by the agreement between SGK and banks. Holiday bonuses will be discussed at the EKK meeting on February 21st. Here are the details about bonuses and promotions…Millions of retirees are eagerly awaiting news on bank promotions and […]

When Will the Central Bank Interest Rate Decision Be Announced? TCMB MPC Meeting Expected

The Central Bank Monetary Policy Committee (MPC) announced the first interest rate decision of the year on January 23, 2025. Accordingly, the MPC reduced the policy rate, which is the one-week repo auction interest rate, by 250 basis points to 45 percent. All eyes are now on this year’s second interest rate decision. The Central […]

Gold Approaching Record Highs: Will It Surpass $3,000?

Global trade tensions and geopolitical developments are being reflected in the price of gold. The price of an ounce of gold started the day above $2,900. Gram gold found buyers at 3,396 Turkish Lira. On the other hand, banks have started to revise their targets upwards for the year 2025. Concerns regarding the global trade […]

Elon Musk Sets His Sights on Gold Reserves

Billionaire Elon Musk hinted that they could oversee the gold reserves stored in Fort Knox, which holds 147 million ounces of gold. At the helm of the US Department of Government Efficiency (DOGE), billionaire Elon Musk signaled his potential oversight of the gold reserves stored in Fort Knox. Musk, in a post on the social […]

Increase in Marriage Loan Applications after “If you love, get married” Sharing

Within a year, 56,256 couples applied for a marriage loan. The Ministry of Family and Social Services announced an increase in marriage loan applications after the “If you love, get married” sharing on February 14th. The first applications to the Family and Youth Fund were started to be received from couples affected by earthquakes as […]

Opportunism in Scrap Vehicle Market: Prices Doubled

The rumor about a Special Consumption Tax deduction for scrap vehicles has been on the agenda for a while. This issue, not on the government’s agenda, started to make headlines with a bill presented to the Parliament by a member of parliament. The proposal presented to the Parliament has not even been discussed in the […]

Samsung to Repurchase $8 Billion Worth of Shares

South Korean tech company Samsung has decided to conduct share buybacks for the first time since 2017. The company will repurchase approximately $8 billion worth of shares. Based in South Korea, Samsung has committed to a share buyback plan for a duration of 8 years. According to a statement from Samsung, from February 19 to […]