Consumers will now be informed about the origin of the animal used in the products they purchase. The labeling of such information will be compulsory. The Ministry of Trade’s regulation concerning consumer products with animal parts has been published in the Official Gazette. Henceforth, it will be mandatory to indicate on the label and packaging […]
China has opened a new front in trade wars by restricting the export of certain rare earth elements. This is expected to impact the supply of high-tech products. As tariff escalations between the U.S. and its trading partners continue, it creates uncertainties about the course of global trade. Following U.S. President Donald Trump’s announcement of […]
President Donald Trump’s reciprocal tariffs have taken effect. The increasing tension in trade has supported a negative atmosphere in global markets. While the selling trend continues in stock markets, gold has again risen above $3,000. Oil, on the other hand, continues to be priced at its lowest level in 4 years. President Donald Trump’s tariff […]
The BIST 100 index in Borsa Istanbul opened the day with a 0.83% decrease at 9,399 points. The selling pressure in global markets is also impacting Borsa Istanbul. At the opening, the BIST 100 index dropped to 9,398.73 points, a decrease of 78.41 points and 0.83% from the previous close. The banking index lost 1.06%, […]
The USA has officially implemented new customs duties. Consequently, the tax rate applied by the USA to China came into effect at 104 percent. Trump stated that they earned $2 billion a day from tariffs. China, on the other hand, announced that they have sufficient means to combat tariffs. The USA’s trade tariffs have been […]
A reduction of 2 lira 24 kuruş in the price per liter of gasoline is expected to take effect tonight. The decline in petrol prices is reflecting on fuel prices. An expected reduction of 2 lira 24 kuruş in gasoline prices is anticipated starting tomorrow. CURRENT GASOLINE PRICES The liter of gasoline is being sold […]
In the market, the prevalence of counterfeit gold is increasing. In this environment where even jewelers are being deceived, experts have explained ways to protect investors. There has been a rise in counterfeit or low-carat gold sales recently. With gram gold prices rising to 3,800 TL, there is also an increase in fraud in the […]
Gold continued its rise due to the impact of trade wars. Trading above $3,000, gold saw a 1% increase per ounce. Global trade wars have fueled the rise in gold prices. Trade tariffs have increased economic slowdown and inflation expectations. This situation has boosted the safe-haven demand for the yellow metal. Gold started the day […]
European stock markets ended the day on the rise, fueled by optimism that the US could start negotiations to reduce tariffs. By the closing bell, the benchmark index Stoxx Europe 600 rose by 2.72%, reaching 486.91 points. In the UK, the FTSE 100 index increased by 2.71% to 208.45 points, while in France, the CAC […]
Financial markets are usually averse to uncertainty, which experts attribute to the recent turmoil experienced by Wall Street. Markets represent the actions of millions of individuals driven by self-interest, fears, optimism, and other factors, inherently rendering them unpredictable. The uncertainty surrounding President Trump’s tariff program brings about a different kind of uncertainty. Consider an American […]
