Last year, the Advertising Board imposed a fine of 92.4 million Turkish lira on misleading advertisements, such as dark commercial designs and discounted sales, which deceive consumers. The Ministry of Trade published the Advertising Board Report for 2024, which includes monitoring of advertisements, consumer rights, deceptive commercial practices, and sectoral regulations. The Board focused on […]
The surge in China’s artificial intelligence efforts has caught the attention of investors. Chinese companies’ stocks have reached the highest levels in the past 3 years. China’s push for artificial intelligence is positively impacting technology companies’ stocks. The Chinese startup DeepSeek has disrupted the industry with low-cost artificial intelligence tools. DeepSeek’s technology has countered the […]
Sam Altman, the CEO of OpenAI, has taken Elon Musk’s $97 billion offer to court. Altman claimed that Musk’s recent actions contradicted with his previous statements. The technology world was caught off guard by Elon Musk’s $97 billion offer. Under Musk’s leadership, a consortium had made an offer to acquire OpenAI, the developer of the […]
President Donald Trump of the United States has issued an instruction for a comprehensive investigation regarding customs duties. Trump announced that VAT would be considered as a tariff. The completion of the studies is planned by the 1st of April. President Donald Trump signed a presidential decree regarding the implementation of customs duties based on […]
Minister of Treasury and Finance Mehmet Şimşek will meet with investors in Munich to evaluate the Turkish economy. According to information from the Ministry, Şimşek’s Munich meetings that started yesterday will be completed on February 15. In addition to attending the Munich Security Conference, Şimşek, who is in Germany for the conference, also participated in […]
Gold continues to rise due to uncertainties in trade. The price of an ounce of gold is trading at 2,936 dollars on the last trading day of the week. Meanwhile, the price of a gram of gold has hit a record high at 3,417 TL. Global trade uncertainties are keeping the positive momentum in gold […]
The year-end inflation expectation of market participants increased to 28.30 percent. However, a slight decrease was recorded in the 12-month inflation expectation. The Central Bank of the Republic of Turkey (CBRT) announced the Market Participants Survey results for February. According to the results, market participants’ year-end Consumer Price Index (CPI) expectation rose from 27.05 percent […]
Housing sales in Turkey started rapidly in 2025. In January, 112,173 housing units were sold. Sales saw a 40% increase compared to the same month last year. It is worth noting the 183% increase in mortgage-backed housing sales during this period. Housing sales nationwide in January increased by 39.7% compared to the same month the […]
Gold has been hovering near record levels due to uncertainties in trade. The price of an ounce of gold started the last trading day of the week at $2,930. Meanwhile, the price of a gram of gold changed hands at 3,413 Turkish Liras. Gold prices continue to show a positive trend due to uncertainties in […]
A total of 11.5 kilograms of speckled mottle mosaic virus-infected tomato seeds seized at Antalya Airport were returned to China. A statement from the Ministry of Agriculture and Forestry General Directorate of Food and Control on their social media account reported that 11.5 kilograms of Chinese-origin tomato seeds intended to enter the country were intercepted […]
