The US administration announced that it will purchase up to 3 million barrels of crude oil for its strategic petroleum reserve to be delivered in August. The US, ...
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Asia-Pacific markets were mixed as investors weighed key economic data from China, which missed estimates despite market expectations of a broader recovery. Retai...
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China’s industrial production accelerated to its highest level since September 2022 in April, but fell short of expectations. Industrial production in April rose ...
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Oil rose as the U.S. began searching for crude to fill its strategic reserves, but concerns about China’s economic recovery are growing. U.S. crude closed 1.5% hi...
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The EBRD has lowered its growth forecast for Turkey this year from 3 percent to 2.5 percent. The European Bank for Reconstruction and Development (EBRD) has lower...
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Fitch stated in its assessment of the elections, "The elections advancing to the second round are prolonging the uncertainty in the political and economic policie...
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President Recep Tayyip Erdoğan has also canceled his visit to Mersin today following his illness the day before. Erdoğan will connect to the ceremony in Akkuyu re...
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According to Reuters, the US has allowed JPMorgan to process payments for Russia’s agricultural exports, while Russia wants to be allowed back into SWIFT. The US ...
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Samsung profit falls in the first quarter of 2023 as memory chip prices continue to fall and demand remains weak. South Korean electronics giant Samsung’s operati...
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The U.S. House of Representatives has approved a bill prepared by House Speaker Kevin McCarthy that would increase the federal debt ceiling. The bill, which would...
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Asian markets were mixed as the new Bank of Japan governor presided over his first policy meeting. Asia-Pacific markets were mixed on Thursday as investors focuse...
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Meta, the owner of Facebook, Instagram, and WhatsApp, exceeded market expectations with its revenue of $28.7 billion in the first quarter of this year. Meta annou...
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Türk Traktör shared its balance sheet for the first quarter of 2023. Accordingly, the company achieved a net profit of 1.4 billion TL in the first quarter of 2023...
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In a statement made by the United Nations, it was announced that they were at a sensitive point in the Black Sea Grain Initiative and that if the parties did not ...
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Akbank made a net profit of TL 10.71 billion in the first quarter of 2023, in line with the market expectation of TL 10.78 billion. The bank's net profit in the f...
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Fed Vice Chairman for Supervision Michael Barr said the agency will consider rule changes for large regional banks in the wake of bank failures and will require m...
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First Republic, one of the banks mentioned in the banking crisis in the US, lost around 30% of its shares. The decline in First Republic Bank’s shares accelerated...
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Indian Foreign Minister Subrahmanyam Jaishankar said that according to EU Council regulations, Russian crude oil will not be subject to EU sanctions after being p...
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Bosch has announced that it will acquire US chipmaker TSI Semiconductors for $1.5 billion. Commenting on the investment, US Vice President Kamala Harris said, “Th...
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Sam Altman, CEO of OpenAI, the company that created ChatGPT, testified before the US Senate that he welcomes regulation of AI technology and that there is a reaso...
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US House of Representatives Speaker McCarthy stated that an agreement on the debt limit is possible US House of Representatives Speaker Kevin McCarthy said, "It i...
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