Articles
Russia Starts Importing Gasoline from Turkey Due to Refinery Constraints
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Suffering from reduced refinery capacity and fuel shortages due to Ukrainian attacks, Russia has started buying gasoline from Turkey, following Morocco and India.
Markets Focus on US Data and Fed Developments
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The direction of the week in the markets, closing expectations, and Medium-Term Program studies are evaluated with expert guests on the Economy Desk program.
Consumer complaints regarding hotels and resorts surged rapidly in July
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According to Şikayetvar data, consumer complaints regarding hotels and resorts showed a significant increase in July. Total complaints across five holiday categories reached thousands.
Economic management takes steps toward selective tightening and financing
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Pursuing a selective tightening policy instead of a general interest rate cut, the economic management maintains strict conditions on consumer loans while expanding financing opportunities for manufacturers and exporters.
Bank of America's CBRT Interest Rate and Inflation Expectations
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Evaluating the CBRT's normalization steps, BofA forecasted that the interest rate will remain unchanged in September and a 100 basis point cut will be made in October.
EspressoLab Founder Requests Change in Initial Public Offering Criteria
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Esat Kocadağ stated that they continue to grow and make a profit despite boycotts, and argued that IPO criteria need to be updated due to the asset size requirement.
Brent crude falls on diplomacy signals and Pakistan contacts
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Signals that tensions between the US and Iran will be resolved through negotiation and a Pakistani delegation's talks in Tehran have caused prices in the oil market to decline.
New Sanctions Move from the US and Record Drop in the Iranian Rial
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With new sanctions announced by US Treasury Secretary Scott Bessent targeting Iran's financial channels, the dollar rose rapidly on the free market.
Heavy Penalties for Misleading Advertisements from the Ministry of Trade Advertising Board
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The Ministry of Trade Advertising Board has fined a café that failed to fulfill its unlimited tea promise, supermarkets using misleading statements, and a cosmetics company.
Central Bank of the Republic of Turkey's repo auctions boost demand for short-term bonds
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CBRT's resumption of weekly repo auctions led to a decline in short-term benchmark bond yields and strengthened interest in the short-term side in the markets.
Ministry of Finance Prepares 10% Withholding Tax Regulation on Money Market Funds
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The Ministry of Finance is preparing to subject the gains obtained by domestic and foreign institutional investors from money market funds to a 10 percent withholding tax.
August rally in gold prices: Latest on ounce and gram gold
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As US bond moves, a weak dollar, and global risks push gold prices higher, ounce gold refreshed its record, and gram gold exceeded 7,000 liras.