Kategori: 2252

  • The banking sector's net profit was 87.2 billion lira in January

    The banking sector's net profit was 87.2 billion lira in January

    The Banking Regulation and Supervision Agency (BRSA) has released the “Turkish Banking Sector Unconsolidated Key Indicators” report for January. Accordingly, the asset size of the Turkish banking sector in January was 48 trillion 574 billion 239 million lira. The sector's total assets increased by 1 trillion 627 billion 441 million lira compared to the end…

  • CMB banned short selling transactions

    CMB banned short selling transactions

    In its statement, CMB said: “Taking into account the developments in the markets of Borsa İstanbul AŞ, it was decided to prohibit short selling transactions in the stock markets of Borsa İstanbul AŞ from March 2, 2026 until the end of the session on March 6, 2026, in order to ensure the functioning of capital…

  • Applications for the Local Development Move open tomorrow

    Applications for the Local Development Move open tomorrow

    According to information compiled from data from the Ministry of Industry and Technology, the program aims to stimulate local development by assessing the potential of regions, mobilizing untapped resources and meeting local needs. In this regard, applications for the Local Development Move Incentive Program open tomorrow and close on May 15, 2026. The Local Development…

  • The ounce of gold reached its longest monthly rise in 53 years

    The ounce of gold reached its longest monthly rise in 53 years

    While February was marked by geopolitical developments, developments in US trade policy and ongoing overvaluation concerns for technology and AI companies, gold's rise continued. The escalation of tensions between the US and Iran increased the risk perception in the markets. Gold prices rose as investors turned to safe havens amid rising geopolitical tensions. Geopolitical developments,…

  • The era of providing your phone number at checkout is coming to an end

    The era of providing your phone number at checkout is coming to an end

    The Personal Data Protection Authority (KVKK) has decided in principle to create verification mechanisms to prevent loyalty cards used for purposes such as discounts, promotions and collecting points when shopping from being used by third parties without the cardholder's knowledge and consent. According to the decision published in the Official Gazette, KVKK received numerous complaints…

  • Change in the regulation to promote cooperative investments

    Change in the regulation to promote cooperative investments

    The “Ordinance Amending the Ordinance on Cooperative Project Funding” drawn up by the Ministry of Commerce came into force after publication in the Official Gazette. The regulation regulates the procedures and principles for supporting investment projects of cooperatives and their parent organizations that contribute to production and employment, ensure the effectiveness and efficiency of their…

  • The global smartphone market is expected to decline

    The global smartphone market is expected to decline

    The US-based market research company International Data Corporation (IDC) shared its forecasts for the smartphone market. IDC's statement said global smartphone shipments are expected to decline 12.9 percent annually this year to 1.12 billion units. The statement emphasized that this decline would reduce the smartphone market to its lowest annual shipment volume in more than…

  • The BIST 100 index ended the day at 13,878.54 points

    The BIST 100 index ended the day at 13,878.54 points

    While the BIST 100 index increased by 68.65 points compared to the previous close, the total transaction volume was 170.3 billion lira. While the banking index gained 1.40 percent, the holding index lost 1.28 percent. Among the industry indices, the biggest winner was finance leasing factoring at 7.60 percent, the biggest loser was sports at…

  • IMF: The Syrian economy continues to recover

    IMF: The Syrian economy continues to recover

    The Fund's statement said that the IMF delegation visited Damascus from February 15 to 19 to assess the economic situation in Syria and discuss with the authorities progress in economic reforms as well as policy and capacity building priorities for the next period. The statement said economic activity in the country has accelerated in recent…

  • The Minutes of the 9th Term Turkiye-South Korea CEC Meeting were Signed

    The Minutes of the 9th Term Turkiye-South Korea CEC Meeting were Signed

    Minister of Energy and Natural Resources Alparslan Bayraktar visited Seoul, the capital of South Korea, to attend the Turkiye-South Korea 9th Semester CEC Meeting. Bayraktar, who also co-chaired the meeting, held a bilateral meeting as part of his contacts in Seoul with South Korean Deputy Prime Minister and Minister of Economy and Finance Koo Yun-cheol,…