Kategori: Economy

According to the data announced by the Turkish Statistical Institute (TÜİK), a total of 129,979 houses were sold in June. This figure corresponds to a 15.8 percent increase compared to the same month of the previous year. The number of first-hand housing sales in June increased by 23.1 percent compared to the same month of…

A new regulation regarding the working hours of savings finance companies has come into effect. The Financial Institutions Union has set the working hours of branches as 09.00-18.00 as of July 1, 2026. Working hours can be extended until 20.00 if necessary, but no customers will be accepted after this time. The decision regarding the…

The escalating US-Iran conflict in the Middle East has affected oil prices, causing gold prices to drop by over 3% on a weekly basis. The price of gold started the last day of the week with an increase, trading at 6,049 liras per gram. Following the decline in the price of an ounce of gold…

The recent hike in gasoline and diesel prices took effect on July 17th. The fluctuations in oil prices and exchange rates continue to impact fuel prices. Global developments and regional tensions are reflected in gasoline and diesel prices. The current fuel prices in Ankara and Izmir have been updated to include the latest increase. As…

The effects of food inflation in the US are being felt in grocery shopping. A new analysis shows that consumers are buying fewer products, and price increases are not offsetting the decline in sales. According to data shared by Bain & Company, the number of products sold in June decreased by 1.8% compared to the…

The decision to use the 'traction system' criterion in addition to 'engine cylinder volume' in determining the Special Consumption Tax (ÖTV) rates for passenger cars has been made. This regulation allows for different taxation. It was stated that the use of the 'traction system' criterion in addition to the 'engine cylinder volume' in determining the…

The European Union (EU) recorded a trade deficit of 12.1 billion euros in May due to an increase in energy imports. According to data released by the European Statistical Office (Eurostat), the EU's exports increased by 1.1 percent to 215.7 billion euros, while imports rose by 10.8 percent to 227.8 billion euros. The EU's trade…

The United States has decided to impose a 25% tariff on certain products imported from Brazil, citing 'unfair practices that harm American trade.' The announcement was made by the US Trade Representative (USTR), stating that the decision was made under Section 301 of the 1974 Trade Act, following a year-long investigation. The investigation found that…

A prominent agricultural company, Taban Gıda, has filed for conciliation, drawing attention to its financial situation. The Istanbul 1st Commercial Court of First Instance has granted a 3-month provisional stay of proceedings, effective from July 9, 2026. The company's application for conciliation is seen as a result of its financial difficulties. Taban Gıda is involved…

A significant change has been made to the Investor Compensation Center regulations. The arrangement made by the Capital Markets Board has introduced an 'untouchability shield' for the assets of exchange investors. The e-Devlet period has begun for the return of shares and receivables that have expired. The Investor Compensation Center is a public legal entity…