When Will Salary Differences Be Paid? When Will Pension Increase Differences Be Deposited? (February Retiree Payment Days)

Following the pension increase in January 2025, the question of when salary differences will be paid arose. As the minimum retirement pension was raised from 12,500 TL to 14,469 TL, the relevant regulation passed through Parliament and was published in the Official Gazette, coming into effect. In light of this development, SSK and Bağ-Kur retirees […]

Stock market declines in the first half

In Borsa Istanbul, the BIST 100 index dropped by 0.5 percent to 9,902 points in the first half of the day. Moving with a downward trend in the first half, the BIST 100 index fell to 9,902.31 points, down 49.34 points and 0.5 percent from the previous closing level by 13:00. The total trading volume […]

Contract Worth 75 Million Euros Signed by ASELSAN

ASELSAN has signed a contract worth 75 million euros for railway signaling systems. A total of 75 million 50 thousand euros contract was signed between ASELSAN and Turkey Rail System Vehicles Industries Inc. within the scope of railway signaling systems. ASELSAN announced the new business relationship on the Public Disclosure Platform (KAP). The statement stated, […]

Galataport expects 225 thousand cruise passengers

Galataport is expected to see a nearly 2.5-fold increase in the number of cruise passengers using Istanbul as the main port by 2025, reaching 225 thousand. There is an anticipation of an increase in the number of ships and passengers using Galataport as the main port for both the start and end of their voyages. […]

Crackdown on Price Gougers and Private Schools After Fire Tragedy

Following the Kartalkaya disaster, businesses that increased prices for fire equipment were fined 7.7 million lira. Private schools that applied high prices also faced penalties of 66.2 million lira. The Ministry of Trade has decided to impose a total of 126.7 million TL in administrative fines on businesses engaging in excessive price increases. The Unfair […]

Impact of DeepSeek on Technology Stocks in China

Stocks of Chinese technology companies have been under pressure for a long time due to concerns about the country’s economy. However, more and more experts believe that an artificial intelligence (AI) model will be a game-changer for these companies. For example, shares of Alibaba Group Holding Ltd. rose rapidly last week on these expectations; the […]

$780 million worth of Bitcoin disappearing into history

A decision has been made to shut down a waste facility believed to harbor thousands of Bitcoins. An investor claimed that a hard drive containing 8,000 Bitcoins is in the landfill. The mentioned amount translates to $780 million today. A waste facility in Wales claimed to hold $768 million worth of Bitcoin is set to […]

Norwegian Wealth Fund Invests $1.5 Billion in Turkish Companies

The Norwegian Wealth Fund invested $1,573,659,000 in 44 Turkish companies in 2024. This amount marked the largest investment by the fund in Turkey. With a state wealth fund approaching a value of nearly $1.75 trillion, by the end of 2024, it invested in the shares of some Turkish companies, totaling $1,573,659,000. According to Norges Bank […]

Forecast Indicates DeepSeek’s Hardware Spending May Exceed $500 Million

This week in the world of technology, one of the most discussed topics was the China-based artificial intelligence company DeepSeek. DeepSeek, in an article detailing their latest artificial intelligence model, mentioned that the total training cost of the model was $5.576 million, calculated based on the rental fees of Nvidia’s graphics processing units (GPUs). The […]

Çayırhan workers marching towards Ankara

Workers in Çayırhan have initiated a march to Ankara in response to the privatization decision of the thermal power plant and mine area in Çayırhan. The workers of Çayırhan Thermal Power Plant have once again started a march towards Ankara. The General President of the Turkish Miners’ Union, Nurettin Akçul, stated, “We paused our progress […]