Regulation on Electric Vehicle Infrastructure for Sites and Apartments: Permit Requirement Removed

The requirement for permits for electric vehicle charging units in site and apartment parking lots has been abolished. Additionally, the installation of rainwater and greywater systems in newly built buildings of specific sizes has become mandatory. The Ministry of Environment, Urbanization, and Climate Change made changes to the Planned Areas Zoning Regulation. Published in the […]

Chinese company makes a major move: $13 billion investment in humanoid robots

Xpeng, a China-based automotive company, is planning to make long-term investments in humanoid robots. The company has targeted significant investments that could reach up to $13.8 billion. One of China’s leading vehicle manufacturers, Xpeng, is aiming to make substantial investments in humanoid robot technology. During the annual parliament session, the CEO He Xiaopeng mentioned that […]

Substantial Damage in Earthquake! Generated $819 Million in Two Years

Malatya, which suffered significant damage from the earthquakes centered in Kahramanmaras on February 6, managed to generate $818,965,000 in revenue from apricots. Ramazan Özcan, President of the Malatya Commodity Exchange, mentioned that apricots have a geographical indication registration within the European Union (EU), and revenue increased alongside the rise in export figures after the earthquakes. […]

Stock market rose in the first half of the day

The BIST 100 index in Borsa Istanbul gained 0.57% in the first half of the day, rising to 10,481.58 points. Moving in an upward trend in the first half of the day, the BIST 100 index reached 10,481.58 points at 13:00, with an increase of 59.34 points and 0.57% compared to the previous closing. The […]

Record Expectation in Tourism

Early reservation figures point to a new record in tourism. There is particularly strong demand from Germany. It is expected that the number of German tourists, which was 6 million last year, will reach 7.5 million. Exchange rates increased significantly below inflation last year. The Turkish Lira became relatively more valuable. A holiday in Turkey […]

Construction Costs at Lowest Level in 4 Years

Construction costs rose by 26.61 percent on an annual basis in January. This led to the lowest level of construction cost inflation in four years. The Turkish Statistical Institute (TÜİK) released the construction cost index data for January. According to the data, the index increased by 9.1 percent compared to the previous month and by […]

Bitcoin funding rates fluctuating: Have we reached a bottom level?

The price of Bitcoin faced resistance at the $80,000 level, with perpetual futures funding rates turning slightly negative and reaching -2% on an annual basis. This movement in funding rates indicates an increase in market uncertainty and shows that investors are searching for direction. The funding rate set for perpetual futures contracts maintains the cost […]

Trump Shows Support for Musk: Plans to Purchase a Tesla Car

United States President Donald Trump has shown his support for Elon Musk by announcing his intention to buy a new Tesla car. As Elon Musk’s electric vehicle company Tesla faces tough times, President Trump declared his plan to support Musk and Tesla by purchasing a new Tesla car. Trump described Musk as a true American […]

New competitor from China to the US: Is artificial intelligence leadership at risk?

A company based in China called Butterfly Effect has released its first autonomous artificial intelligence vehicle named Manus. It was noted that Manus’s success could threaten the US leadership in this field. China’s efforts to take the lead in the artificial intelligence race continue unabated. A group of Chinese software engineers claimed to have developed […]

Cryptocurrency Funds Lost $4.75 Billion Due to Market Decline

Over the past four weeks, crypto investment funds have experienced continuous outflows, resulting in a total withdrawal of $4.75 billion. The majority of these outflows came from U.S. investors, while investors in Europe and Canada continued to enter at relatively low levels. The overall downward trend in markets largely erased the gains following Donald Trump’s […]