Economy, Markets & Tech Finance News Archive — Page 5

Economy

Gold poised for biggest weekly gain since August

Gold is poised for its biggest weekly gain since August, although it lost momentum after the US midterm elections dragged down dollar and bond yields.

Economy

Economy and politics agenda - 6 November 2026

Highlights on the economic and political agenda...

Economy

Tesla and SpaceX lost more than $420 billion in combined market value in two days

Tesla and SpaceX lost more than $420 billion in combined market value in two days. This remarkable development in the field of Economy & Finance is closely followed by industry professionals and the technology world.

Economy

Minister Şimşek: An increase in income, corporate and value added tax rates is not on the agenda

Minister of Treasury and Finance Şimşek made a statement: "An increase in the general rates of income tax, corporate tax and value added tax in 2027 is not on our agenda."

Economy

Minister of Treasury and Finance Şimşek: The regulation will cover all our retirees

Minister of Treasury and Finance Mehmet Şimşek said, "We think it would be right to differentiate the increase according to the age and number of premium payment days of our retirees. Because this would be a more fair approach. This issue will be taken into account, even if it is

Economy

DISCOUNT ON GASOLINE: How much is the price per liter of gasoline? How much is Fuel, Gasoline, Diesel, LPG? Istanbul, Ankara, Izmir Current Fuel Prices

After the gasoline discount, research on new pump prices accelerated in Istanbul, Ankara and Izmir. There was no increase or discount in diesel and LPG prices. Fuel prices may vary depending on the distribution company and station. So what was the price of a liter of gasoline? Ho

Economy

Golden Global Investment Bank's operating license has been revoked

Banking Regulation and Supervision Agency (BDDK) decided to revoke the operating license of Golden Global Yatırım Bankası AŞ.

Economy

Profit performance exceeding expectations from Tofaş

Tofaş announced a net profit of 4.3 billion TL in the third quarter of 2026, performing significantly above the market expectation of 2.5 billion TL.

Economy

Russia's oil and gas revenues more than doubled in October

Russia's oil and natural gas revenues more than doubled in October compared to the previous month, reaching 971.2 billion rubles (about 11.9 billion dollars).

Economy

BRSA removed the operating license of Golden Global Investment Bank

Banking Regulation and Supervision Agency (BDDK) revoked the operating license of Golden Global Yatırım Bankası A.Ş.

Economy

10.4 billion TL net profit from İşbank in the third quarter

İşbank demonstrated a performance above the market consensus of 9.4 billion TL by announcing a net profit of 10.4 billion TL in the third quarter of 2026.

Economy

EU and IEA coordinate steps to utilize oil stocks

European Union (EU) Commission President Ursula von der Leyen stated that she and International Energy Agency (IEA) President Fatih Birol are coordinating the steps towards making the oil stocks agreed upon by the G7 available.

Economy

Şok Marketler returned to net profit after three quarters

Şok Marketler performed above the market expectation of 966 million TL by announcing a net profit of 989 million TL in the third quarter of 2026.

Economy

Google will invest $17 billion in data centers in the US state of Wyoming

Google announced that it will make a long-term investment of $17 billion in the state of Wyoming, within the scope of the first data center it will build in the US state of Wyoming.

Economy

Statements from Minister Şimşek regarding the pensions and fund investigation

Minister of Treasury and Finance Mehmet Şimşek announced that the legal regulation prepared for pensions will cover all retirees, and that the increases are being evaluated to differentiate according to age and number of premium payment days. Stating that these criteria will be t

Economy

Minister Şimşek: The regulation will cover all our retirees

Minister of Treasury and Finance Mehmet Şimşek said, "The technical work we have carried out to support the purchasing power of our retirees has not been completed yet. The regulation will cover all our retirees." he said.

Economy

BREAKING NEWS | Statement from Minister Şimşek about the pension increase: Details of the regulation have been announced

Breaking news...Minister of Treasury and Finance Mehmet Şimşek announced that they are working on a new increase regulation for pensions. Stating that the regulation is expected to cover all retirees, Şimşek said that the increases may differ depending on the premium date and age

Economy

Ford Otosan's net profit exceeding expectations in the third quarter

Ford Otosan announced a net profit of 8.4 billion TL in the third quarter of 2026, outperforming the market consensus of 7.3 billion TL.

Economy

While US stock markets fall sharply, oil prices rise again

While there were sharp sales in global markets, led by technology stocks after the US elections, uncertainties regarding the Iran-US conflict and statements that tankers caught fire in the Strait of Hormuz increased oil prices again.

Economy

Trump collapsed, gold rose

The midterm elections in the USA closely affected the markets. Gold is on the rise once again. The safe haven gained approximately 5%. Here is the latest situation below.

Economy

As the smartphone market declines, Qualcomm has its eyes on data centers

Qualcomm aims to compensate for the decline in smartphone sales with data center investments. The company expects $15 billion in revenue in this area by 2029.

Economy

Şişecam announced a loss in the third quarter

Şişecam announced a net loss of 295 million TL in the third quarter of 2026, significantly below the net profit expectation of 2.2 billion TL.

Economy

German minister found dead in hotel

Germany was shaken by the shocking news of his death. Deputy Prime Minister and Minister of Economy of Bavaria, Hubert Aiwanger, was found dead in his luxury hotel room.

Economy

The debt burden of developing countries is getting heavier

According to the World Bank, the external debt of developing countries will increase by 5.5 percent in 2025, reaching a record level of 9.4 trillion dollars. High financing costs risk limiting basic development investments, especially in the poorest countries.

Economy

BREAKING NEWS | The stock market ended Thursday with decline

Breaking news... BIST 100 index in Borsa Istanbul closed the day at 11,333.27 points, with a decrease of 1.26 percent. While the total transaction volume reached 145.9 billion lira, an increase was seen in banking and holding shares. Analysts showed 11,200 and 11,100 points as su

Economy

1000th delivery of domestic jet engines that fly national missiles was made

Presidency Defense Industry President Haluk Görgün, regarding the work carried out to meet the domestic engine needs of national missiles, said, "We ensured that a resource of 200 million dollars remained in our country in this project." he said.