Global markets observed a mixed trend following the higher-than-expected inflation data in the US and statements by Fed Chairman Jerome Powell. Investors are looking to follow the US producer prices today. Amid the higher-than-expected inflation data in the US and the announcements by the Federal Reserve (Fed) Chairman Jerome Powell, there is uncertainty in the […]
The BIST 100 index in Borsa Istanbul started the day with a 0.78% increase, opening at 9,855.84 points. The stock market began the new day positively. At the opening, the BIST 100 index rose to 9,855.84 points, an increase of 76.27 points and 0.78% compared to the previous closing. While the banking index gained 1.11% […]
The current account balance, in 2024, showed a deficit exceeding expectations at 9.97 billion dollars. In December, the current account deficit amounted to 4.65 billion dollars. The Central Bank of the Republic of Turkey (CBRT) released the balance of payments data. According to the data, the current account balance showed a deficit of 9.97 billion […]
The Turkey Retirees Association has launched the “Emek Pazarı” platform for retirees. On this online shopping platform, retirees will be able to sell products they have produced. There will be no shipping fee for products directly sourced from producers. The Turkey Retirees Association (TÜED) established the Emek Pazarı, a digital marketplace, to prevent retirees from […]
Recently, the incidence of credit fraud victimization is on the rise. Without citizens’ knowledge, loans are being taken out through applications on their own phones. One victim sought the court’s help to avoid paying the debt demanded by the bank. The court ruled in favor of the citizen. Scammers are obtaining loans in the names […]
Gold prices started near record levels amid uncertainties in the global economy and trade. In early trading, an ounce of gold was priced around $2,918. Meanwhile, a gram of gold changed hands at 3,390 Turkish Liras. The uncertainty in global trade and US inflation data kept gold prices near record levels. Gold began the day […]
The CEO of Alphabet, Sundar Pichai, noted the exceptional performance of the artificial intelligence model DeepSeek developed by a Chinese-based company. Connecting online to the 2025 World Government Summit held in Dubai, United Arab Emirates (UAE), Pichai evaluated the latest technological advancements. Expressing his close monitoring of developments in artificial intelligence, Pichai mentioned that the […]
American investment bank Goldman Sachs revealed in its 13F filing that it holds significant positions in spot Bitcoin exchange-traded funds (ETFs). While this announcement has sparked excitement among Bitcoin investors, analysts emphasize that the ownership represents Goldman Sachs’ clients rather than the bank’s own position. Goldman Sachs’ Bitcoin ETF Positions According to the 13F filing […]
The company İş Gıda AŞ, which has been managing KFC and Pizza Hut brands since 2020, issued a written statement related to the unilateral termination of their contracts with “Yum! Brands”. The statement, which also shared a roadmap regarding the employees, emphasized, “Our priority is to protect the acquired rights of our employees and ensure […]
The Consumer Price Index (CPI) showed a monthly increase of 5.03% in January, while the Domestic Producer Price Index (D-PPI) rose by 3.06%. The annual inflation rates were recorded at 42.12% for consumer prices and 27.2% for domestic producer prices. All eyes are now on the latest inflation data for February. So, when are the […]
