Economy, Markets & Tech Finance News Archive — Page 2

Economy

The increase in consumer loans in the USA exceeded expectations in September

Consumer loans in the USA increased above market expectations with 27.8 billion dollars in September.

Economy

Fed/Daly: More interest rate hikes may be necessary

San Francisco Fed President Mary Daly stated that further tightening of monetary policy may be needed to reduce high inflation in the USA.

Economy

Bessent calls on China to fulfill its commitments

In his meeting with Chinese Deputy Prime Minister Hi Lifeig, US Treasury Secretary Scott Bessent emphasized that the Beijing administration must fully and immediately fulfill its commitments within the scope of the Busan Agreement.

Economy

Halkbank's net profit exceeded expectations

Halkbank performed above the market expectation of 7.8 billion TL by announcing a net profit of 8.5 billion TL in the third quarter of 2026.

Economy

Trump appoints Stephen Miller as Private Secretary

US President Donald Trump made a significant change of position in the White House after Republicans lost the majority in the Senate and House of Representatives to Democrats in the midterm elections. Trump announced that he appointed his advisor Stephen Miller to replace Susie W

Economy

"3rd Türkiye-Japan Investment Forum" was held in Japan

"3rd Türkiye-Japan Investment Forum" was held in Tokyo, the capital of Japan.

Economy

The strongest quarterly performance of 2026 from Tüpraş

Tüpraş performed above analyst expectations of 60.4 billion TL by announcing a net profit of 68.7 billion TL in the third quarter of 2026.

Economy

Xi: China is not the cause of Europe's problems, but a solution partner

Chinese President Xi Jinping stated that China's economic growth does not pose a threat to Europe, on the contrary, it can contribute to the solution of the continent's economic problems.

Economy

Two candidates for the presidency of the European Central Bank: De Cos and Knot

Pablo Hernandez de Cos from Spain and Klaas Knot from the Netherlands were nominated in the process of determining the new president, which was initiated due to the President of the European Central Bank (ECB), Christine Lagarde, who will leave her post in February 2027. While th

Economy

Cevdet Yılmaz: Our defense industry exports exceeded 10 billion dollars

Vice President Cevdet Yılmaz stated that Türkiye has developed its defense industry capacity in the last 24 years and announced that defense industry exports exceeded 10 billion dollars last year.

Economy

Background message from Karahan. "We are following the developments closely"

Central Bank Governor Fatih Karahan said that they are closely following the developments in the fund market and said, "We will follow the conditions closely and take all kinds of additional measures."

Economy

6.5 billion TL net loss from Vestel in the third quarter

Vestel Elektronik announced a net loss of 6.5 billion TL in the third quarter of 2026. The company announced a net loss of 6.1 billion TL in the same period last year.

Economy

How much raise will be given to retirees? Statement from Cevdet Yılmaz

A remarkable statement came from Vice President Cevdet Yılmaz regarding the 2027 salary increase awaited by millions of retirees. Stating that there will be an increase in pensions above inflation, Yılmaz announced that the regulation will be presented to the Parliament before th

Economy

Two candidates emerged for the presidency of the European Central Bank

Pablo Hernandez de Cos from Spain and Klaas Knot from the Netherlands were nominated to replace Christine Lagarde, who will leave her post as President of the European Central Bank (ECB).

Economy

Statement from CMB regarding the reopening process of closed funds outside the scope of liquidation

The Capital Markets Board (CMB) announced the process for reopening the funds of A1 Capital, Bulls and Pardus portfolio management companies that were outside the scope of liquidation but were closed to purchase and sale. The Board stated that in order for the funds in question t

Economy

Consumer confidence in the USA rose above expectations

In the USA, the consumer confidence index of the University of Michigan rose to 51.0, exceeding the market expectation of 48.0 in November. While consumers' inflation expectations for the next year decreased from 4.7 percent to 4.3 percent, and their five-year inflation expectati

Economy

National Energy 2040 message from Minister Bayraktar: A very important development move that will provide indirect employment to approximately 250 thousand people.

Reminding that they announced Turkey's National Energy 2040 vision, Minister of Energy and Natural Resources Alparslan Bayraktar said, "We announced Türkiye's energy independence manifesto to both the Turkish public and the whole world. By 2040, Turkey will invest a total of 500

Economy

Statement from CMB regarding closed investment funds

CMB; He explained the process for reopening investment funds that were closed to trading in TEFAS and non-TEFAS distribution channels.

Economy

Performance of investment instruments this week

Stocks traded in Borsa Istanbul gained 6.72 percent on a weekly basis, the gram price of gold gained 3.57 percent, euro/TL 0.37 percent and dollar/TL 0.42 percent.

Economy

Critical message from CBRT Governor Karahan about rents: Will the decline continue?

Fatih Karahan, President of the Central Bank of the Republic of Turkey (CBRT), made remarkable statements regarding rental prices. Stating that annual rent inflation, which was at 66 percent last year, dropped below 40 percent in October, Karahan said that current indicators indi

Economy

"Golden age" again? Trump is defeated, markets experience war uncertainty

Is a golden age beginning again? Trump's defeat in the midterm elections and uncertainties regarding the war increase volatility in global markets. Gold, on the other hand, rises and falls. So, what are the year-end expectations? CNN TÜRK Reporter Emel Telli and Cameraman Yasin K

Economy

BREAKING NEWS | The stock market finished the week with an increase

BIST 100 index at Borsa Istanbul closed the day at 11,482.60 points with an increase of 1.32 percent. While there was an increase in value in banking and holding stocks, the most profitable sector of the day was metal goods and machinery. Analysts drew attention to the economic d

Economy

The stock market finished the day with an increase

BIST 100 index at Borsa Istanbul closed the day at 11,482.60 points, gaining 1.32 percent in value.

Economy

Treasury cash balance had a deficit of 329.9 billion TL

The cash revenues of the Treasury amounted to 1 trillion 391 billion liras and its expenses were 1 trillion 721 billion liras in October. The previous data was at a deficit level of 467.2 billion TL.

Economy

400 billion dollar transformation! New energy age in Turkey! Big goal for 2040

Türkiye aims to increase the electrification rate in total energy consumption to 36 percent by 2040. It is planned to reach 1 percent to 24 percent in transportation, 33 percent in industry, and 30 percent in housing. For this transformation, billions of dollars will be invested

Economy

The rate of increase in card spending is at its lowest level in 5 years

The annual growth rate of card spending decreased to 32.9 percent in the week of October 30, 2026, reaching its lowest level since 2021. The slowdown in the growth rate of expenditure, which rose to 155.3 percent in 2022, became evident starting from the second half of 2024.