Kategori: Economy

As inflation and interest rate concerns resurfaced in global markets, gold prices turned downward. The escalation of tensions between the US and Iran supported safe-haven demand, but high interest rate expectations put pressure on gold. The increasing tensions between the US and Iran drove oil prices higher, but concerns over inflation and the expectation that…

The price of Brent crude oil rose by more than 6 percent following US President Donald Trump's announcement that negotiations with Iran have ended and the US administration's cancellation of a general license allowing the sale of Iranian oil. The Brent crude oil price rose by approximately 6.3 percent to $78.86. At the same time,…

The Secure Payment System, which will perform title transfer and money transfer simultaneously, is scheduled to be implemented on October 1 after the completion of technical preparations. This new system aims to reduce risks such as carrying cash, counterfeit money, insufficient payment, and security concerns. The countdown has begun for the Secure Payment System, which…

The Social Security Institution (SGK) provides four significant support services to the beneficiaries left behind after the death of an insured person. These services include death pension, funeral allowance, marriage (dowry) allowance, and lump-sum death payment. However, to benefit from these supports, certain premium payment and insurance conditions must be met. SGK Expert and author…

The Ministry of Trade has taken action following allegations of excessive price increases in water and other beverages after the update of the deposit participation fee for plastic, glass, and metal packaging. The Ministry warned market and industry representatives against unfair price increases and announced the start of inspections. According to the Ministry's statement, price…

Sir Hazır Giyim is a textile company that produces for various domestic and foreign brands. The company serves prominent brands such as Armani, Versace, Kiğılı, and Paul Mark. Sir Hazır Giyim has declared conciliation. As a significant player in the men's ready-to-wear sector, the company provides services to its domestic and foreign clients. With over…

Gram gold started the new trading day with a decline and is trading at 6,210 lira. Yesterday, gram gold lost value in line with the decline in gold prices per ounce and completed the day 0.3% below the previous close at 6,268 lira. The eyes are on the Fed, and gold is once again in…

A new increase in diesel prices is expected. The fluctuations in oil prices and exchange rates may lead to a 76 kurus increase in the liter price of diesel. The rise in fuel prices continues. The volatility in oil and exchange rates is likely to reflect on diesel prices as a new increase. Following market…

The Tea Enterprises General Directorate (ÇAYKUR) has once again increased the prices of dried tea. The new prices came into effect on July 6. An average price increase of 15 percent has been applied to dried tea products, and the increased tariffs have started to be reflected on the shelves as of today. ÇAYKUR had…

Microsoft, a leading technology company, has decided to lay off approximately 4,800 employees, affecting about 2.1% of its global workforce. The company emphasized that these layoffs are not due to the replacement of employees by artificial intelligence. Microsoft stated that it has reassigned over 4,000 employees to different roles in the past year, including 500…