Kategori: Economy

Commerzbank has updated its year-end forecasts for precious metal prices. The bank significantly revised its gold price forecast downward, from $4,800 to $4,500 per ounce. As part of its downward revision of year-end precious metal price forecasts, Commerzbank also updated its expectations for other metals. The bank lowered its price forecasts for silver, platinum, and…

The Competition Authority has launched an investigation into the procurements of nuclear medicine services used in public hospitals for cancer diagnosis and treatment. The allegations of 11 companies collaborating to restrict competition will be investigated. The Competition Authority initiated an inquiry to determine whether the rules of competition were violated in the procurement of nuclear…

German luxury car manufacturer Porsche has announced that it will lay off approximately 9,000 employees by 2035 due to the downturn in the Chinese market and difficulties in the transition to electric vehicles. This decision comes after the company's sales in China, once its most profitable market, have plummeted, and its electric vehicle strategy has…

Recent developments in the gold market have led to pressure due to concerns over the Fed's potential interest rate hike and diplomatic traffic between the US and Iran. Gram gold followed a buying-heavy trend parallel to the limited increase in ounce prices yesterday and completed the day with a 0.61% increase to 6,205 lira. Newly…

The Revenue Administration announced that the system will be closed due to technical work. However, this closure will not affect all declarations. Which sections will continue to operate? The Revenue Administration announced that the system will be closed for three days due to infrastructure updates. During the technical work to be carried out at the…

A significant update was made to fuel prices from midnight. The decline in oil prices following the easing of tensions between the US and Iran led to a discount on diesel prices. After the 1 lira 34 kuruş discount on diesel per liter, the new prices reflected on the pumps met users with lower rates.…

Financial markets expert Islam Memis evaluated buying gram gold from bank ATMs. Memis examined the use of bank ATMs for physical gold purchases. You can buy gram gold 24/7 through special modules integrated into selected pilot ATMs in major cities. Unfortunately, the gold purchase application from ATMs, which was launched in previous years, ended with…

Minister of Labor and Social Security Vedat Işıkhan announced that a significant step was taken in 2025 for the development of babies with cow's milk and multi-food allergies. Minister Işıkhan stated We continue to support the development of our family structure and the healthy development of our babies. We made medical baby food payments exceeding…

The Revenue Administration Presidency has announced a notice regarding planned work on e-declaration systems. According to the presidency, between August 1, 2026, at 00:00 and August 3, 2026, at 23:59, it will not be possible to submit the Declaration of Withholding Tax and Social Security Premium to systems such as DBS, e-Declaration, and Internet Tax…

ICBC Bank, one of the world's largest banking groups, has made significant changes to its operations in Turkey in order to increase operational efficiency. The bank has decided to close 5 branches and merge 3 others with existing ones. This decision is part of the bank's goal to increase operational efficiency. By restructuring its branches…