There was a decrease of 1 lira 35 kuruş in the price per liter of gasoline. As a result, a total reduction of 3 lira 59 kuruş occurred in the last two days. From tomorrow on, an increase in price of 82 kuruş is expected. The drop in oil prices reflected on fuel prices. There […]
Gold prices hit a record high due to the tension in global trade. The price of an ounce of gold surpassed $3,200, while the price of a gram of gold approached its peak at $4,000. The escalating economic tension between the US and China led to a record-breaking surge in gold prices. On the last […]
There has been a decrease of 1 lira and 35 kuruş in the price per liter of gasoline. As a result, gasoline prices have dropped by 3 lira 59 kuruş in the last two days. The decrease in petrol prices has been reflected in fuel prices. The selling price per liter of gasoline has been […]
The New York Stock Exchange ended the day with a drop due to ongoing concerns about US President Donald Trump’s tariff policy. At the close, the Dow Jones index lost over 1000 points, decreasing by 2.50% to 39,593.66 points. The S&P 500 index fell by 3.46% to 5,268.05 points, and the Nasdaq index declined by […]
The decline in the dollar and the escalation of the trade war between the US and China have led investors to seek safe havens, pushing gold prices to a record high. Gold, one of the “safe haven” assets, continues to break records due to increased uncertainty, geopolitical risks, concerns over economic slowdown, and uncertainties about […]
After the recent tariff move by the US administration against China in the global markets, attention is now focused on the interest rate decision. The Federal Reserve (FED) had kept the policy interest rate unchanged at 4.25-4.50%. This talked-about decision was made with a vote of 11 to 1. Those closely following the economic agenda […]
There is an ongoing intense trade war between the United States and China. According to a recent announcement from the White House, China will be subject to a 145 percent customs duty. It was mentioned that this newly proposed duty by Trump, which originally stood at 125 percent and is an increment from the prior […]
Annual inflation in the US came in below expectations at 2.4% in March. Consumer prices also declined for the first time since May 2020 on a monthly basis. There was a positive signal from the inflation data shadowed by trade wars in the US. The annual inflation in the country was announced below expectations at […]
The Presidency Investment Office and the Presidency Finance Office have been merged under a single roof. The new structure is named the Presidency Investment and Finance Office. Operating under the Presidency, the Presidency Investment and Finance Office will play a central role in both attracting foreign investments directly to the country and enhancing the international […]
The fashion giant Prada is set to acquire Versace for 1.38 billion euros. In negotiations with Capri Holdings, the luxury fashion house Prada reached an agreement to purchase Versace for 1.38 billion dollars in cash. The Milan-based company is expected to complete the acquisition of Versace in the second half of this year. Prada also […]
