In the US, the 10-year bond yield decreased to 3.9150%. The bond yield reached its lowest level in October 2024 in the country. The global dilemma of inflation and recession continues. The retaliatory tariffs announced by US President Donald Trump on April 2nd against China reinforce concerns of a slowdown in the global economy and […]
The Ministry of Treasury and Finance made a statement regarding the news about the implementation of a stock tax. The Ministry clarified that there is no such initiative in progress. The Ministry of Treasury and Finance refuted the reports claiming that a stock tax would be introduced. A written statement was issued by the Ministry […]
The tension between the USA and China due to customs duties continues. Following the reciprocal customs duties announced by President Donald Trump on April 2, China’s retaliation turned into a duel between the two countries. In a statement on his own social media platform Truth Social, USA President Donald Trump said, “China took a much […]
Tickets purchased through Turkish Airlines (THY) and AJet’s websites and mobile apps can be refunded without interruption in the first 24 hours. According to the announcement on THY’s website, tickets can be refunded without interruption within the first 24 hours of purchase, ensuring that customers who need to change their plans will not be negatively […]
The fear of trade wars in the global economy is on the rise. Escapes from risky assets accelerated following Trump’s statements. The wealth of the world’s richest individuals dwindled. The only name that has increased its wealth since the beginning of the year is Warren Buffett. Buffett’s success in his long-time stock sales is not […]
Claims had been made that cash withdrawals under 20 thousand liras could only be done through ATMs. The Association of Turkish Banks has announced that these reports are baseless. It was alleged that banks had implemented a new practice for cash withdrawals under 20 thousand liras. It was stated that withdrawals below this amount could […]
Apple, the US tech giant, faces difficulties due to custom taxes. The company’s market value has dropped by 300 billion dollars, marking one of the biggest losses on Wall Street. Significant increase in costs is expected due to the major part of production taking place in China. Experts warn that prices of several products, particularly […]
The Minister of Transportation and Infrastructure, Abdulkadir Uraloğlu, announced that the number of electric vehicle charging stations had increased to 11,037 as of February. Uraloğlu emphasized that with the rise in electric vehicle production and demand, the charging infrastructure across the country was rapidly expanding. He underscored that the spread of electric vehicle usage in […]
Turkish lira-based foreign trade increased by 30.1 percent in the first quarter of the year compared to the same period last year, reaching 334 billion 820 million liras. According to the Ministry of Trade data, last month saw the second-highest export value in March with 23.4 billion dollars. There was also an increase in exports […]
Concerns over trade wars deepened sales in the markets. Investors are now focused on the upcoming US inflation data next week. Global markets ended the week under selling pressure due to the increased risk perception stemming from US President Donald Trump’s announced tariffs and concerns about possible retaliations from other economies. Eyes are now turned […]
