DAILYSABAH https://www.dailysabah.com Daily Sabah - Business - - Finance en-US Fri, 29 Mar 2024 01:16:51 +0300 DAILYSABAH Software Team Copyright © 2003-2020 TURKUVAZ HABERLEŞME VE YAYINCILIK A.Ş <![CDATA[Onetime crypto mogul Bankman-Fried gets 25 years for FTX fraud]]> https://www.dailysabah.com/business/tech/onetime-crypto-mogul-bankman-fried-gets-25-years-for-ftx-fraud https://www.dailysabah.com/business/tech/onetime-crypto-mogul-bankman-fried-gets-25-years-for-ftx-fraud Thu, 28 Mar 2024 20:30:00 +0300 <![CDATA[Uganda introduces groundbreaking interest-free Islamic banking]]> https://www.dailysabah.com/business/finance/uganda-introduces-groundbreaking-interest-free-islamic-banking https://www.dailysabah.com/business/finance/uganda-introduces-groundbreaking-interest-free-islamic-banking Thu, 28 Mar 2024 09:15:00 +0300 <![CDATA[China, Türkiye, UAE banking scrutiny hampers Russia's oil payments]]> https://www.dailysabah.com/business/economy/china-turkiye-uae-banking-scrutiny-hampers-russias-oil-payments https://www.dailysabah.com/business/economy/china-turkiye-uae-banking-scrutiny-hampers-russias-oil-payments Wed, 27 Mar 2024 12:21:00 +0300 <![CDATA[Spanish bank rivalry heats up as BBVA narrows gap to Santander]]> https://www.dailysabah.com/business/economy/spanish-bank-rivalry-heats-up-as-bbva-narrows-gap-to-santander https://www.dailysabah.com/business/economy/spanish-bank-rivalry-heats-up-as-bbva-narrows-gap-to-santander Mon, 25 Mar 2024 11:39:00 +0300 <![CDATA[ECB chief Lagarde warns of risk of acting 'too late' on rates]]> https://www.dailysabah.com/business/economy/ecb-chief-lagarde-warns-of-risk-of-acting-too-late-on-rates https://www.dailysabah.com/business/economy/ecb-chief-lagarde-warns-of-risk-of-acting-too-late-on-rates Wed, 20 Mar 2024 13:44:00 +0300 <![CDATA[CBRT to hold rate steady again but economists see hike coming]]> https://www.dailysabah.com/business/economy/cbrt-to-hold-rate-steady-again-but-economists-see-hike-coming https://www.dailysabah.com/business/economy/cbrt-to-hold-rate-steady-again-but-economists-see-hike-coming Tue, 19 Mar 2024 11:50:56 +0300 <![CDATA[Bank of Japan bids farewell to years of negative interest rates]]> https://www.dailysabah.com/business/economy/bank-of-japan-bids-farewell-to-years-of-negative-interest-rates https://www.dailysabah.com/business/economy/bank-of-japan-bids-farewell-to-years-of-negative-interest-rates Tue, 19 Mar 2024 10:16:00 +0300 <![CDATA[Turkish central bank unveils new steps to bolster tightening]]> https://www.dailysabah.com/business/finance/turkish-central-bank-unveils-new-steps-to-bolster-tightening https://www.dailysabah.com/business/finance/turkish-central-bank-unveils-new-steps-to-bolster-tightening Sun, 17 Mar 2024 12:14:00 +0300 <![CDATA[Fed to provide clues on rates path after inflation uptick]]> https://www.dailysabah.com/business/economy/fed-to-provide-clues-on-rates-path-after-inflation-uptick https://www.dailysabah.com/business/economy/fed-to-provide-clues-on-rates-path-after-inflation-uptick Sun, 17 Mar 2024 10:56:00 +0300 <![CDATA[JPMorgan slapped with $350M fine over inadequate trade reporting]]> https://www.dailysabah.com/business/economy/jpmorgan-slapped-with-350m-fine-over-inadequate-trade-reporting https://www.dailysabah.com/business/economy/jpmorgan-slapped-with-350m-fine-over-inadequate-trade-reporting Thu, 14 Mar 2024 22:25:00 +0300 <![CDATA[Europe's private credit ties to banks deepen as default risk rises]]> https://www.dailysabah.com/business/economy/europes-private-credit-ties-to-banks-deepen-as-default-risk-rises https://www.dailysabah.com/business/economy/europes-private-credit-ties-to-banks-deepen-as-default-risk-rises Thu, 14 Mar 2024 09:42:00 +0300 <![CDATA[Türkiye's CBRT targets lira reserve requirements in latest step]]> https://www.dailysabah.com/business/finance/turkiyes-cbrt-targets-lira-reserve-requirements-in-latest-step https://www.dailysabah.com/business/finance/turkiyes-cbrt-targets-lira-reserve-requirements-in-latest-step Wed, 13 Mar 2024 13:48:00 +0300 <![CDATA[Historic policy shift heralds new era for Japanese financial markets]]> https://www.dailysabah.com/business/economy/historic-policy-shift-heralds-new-era-for-japanese-financial-markets https://www.dailysabah.com/business/economy/historic-policy-shift-heralds-new-era-for-japanese-financial-markets Wed, 13 Mar 2024 13:07:00 +0300 <![CDATA['Building Bridges' event promotes Turkish startup investment]]> https://www.dailysabah.com/business/finance/building-bridges-event-promotes-turkish-startup-investment https://www.dailysabah.com/business/finance/building-bridges-event-promotes-turkish-startup-investment Fri, 08 Mar 2024 14:50:00 +0300 <![CDATA[CBRT introduces reserve requirement based on loan growth]]> https://www.dailysabah.com/business/economy/cbrt-introduces-reserve-requirement-based-on-loan-growth https://www.dailysabah.com/business/economy/cbrt-introduces-reserve-requirement-based-on-loan-growth Thu, 07 Mar 2024 12:24:00 +0300 <![CDATA[Turkish fintech firm Papara to acquire T-Bank, expands further]]> https://www.dailysabah.com/business/finance/turkish-fintech-firm-papara-to-acquire-t-bank-expands-further https://www.dailysabah.com/business/finance/turkish-fintech-firm-papara-to-acquire-t-bank-expands-further Wed, 06 Mar 2024 16:18:00 +0300 <![CDATA[Bitcoin rallies again amid drift after climbing to new record]]> https://www.dailysabah.com/business/economy/bitcoin-rallies-again-amid-drift-after-climbing-to-new-record https://www.dailysabah.com/business/economy/bitcoin-rallies-again-amid-drift-after-climbing-to-new-record Wed, 06 Mar 2024 14:00:00 +0300 <![CDATA[Egypt allows currency to fall sharply, hikes interest rates]]> https://www.dailysabah.com/business/economy/egypt-allows-currency-to-fall-sharply-hikes-interest-rates https://www.dailysabah.com/business/economy/egypt-allows-currency-to-fall-sharply-hikes-interest-rates Wed, 06 Mar 2024 13:37:00 +0300 <![CDATA[Dollar bears sent into hibernation by robust US economy]]> https://www.dailysabah.com/business/economy/dollar-bears-sent-into-hibernation-by-robust-us-economy https://www.dailysabah.com/business/economy/dollar-bears-sent-into-hibernation-by-robust-us-economy Tue, 05 Mar 2024 11:17:00 +0300 <![CDATA[Türkiye's inflation climbs to over 67% to maintain pressure on CBRT]]> https://www.dailysabah.com/business/economy/turkiyes-inflation-climbs-to-over-67-to-maintain-pressure-on-cbrt https://www.dailysabah.com/business/economy/turkiyes-inflation-climbs-to-over-67-to-maintain-pressure-on-cbrt Mon, 04 Mar 2024 10:00:00 +0300 <![CDATA[Turkish finance chief Şimşek meets US counterpart Yellen in Brazil]]> https://www.dailysabah.com/business/economy/turkish-finance-chief-simsek-meets-us-counterpart-yellen-in-brazil https://www.dailysabah.com/business/economy/turkish-finance-chief-simsek-meets-us-counterpart-yellen-in-brazil Thu, 29 Feb 2024 10:24:56 +0300 <![CDATA[European investment pushes Turkish fintech firm's value past $600M]]> https://www.dailysabah.com/business/finance/european-investment-pushes-turkish-fintech-firms-value-past-600m https://www.dailysabah.com/business/finance/european-investment-pushes-turkish-fintech-firms-value-past-600m Tue, 27 Feb 2024 16:26:00 +0300 <![CDATA[Jacob Rothschild, head of Rothschild empire, dies aged 87]]> https://www.dailysabah.com/business/economy/jacob-rothschild-head-of-rothschild-empire-dies-aged-87 https://www.dailysabah.com/business/economy/jacob-rothschild-head-of-rothschild-empire-dies-aged-87 Mon, 26 Feb 2024 17:44:00 +0300 <![CDATA[Turkish finance minister, CBRT chief head to Brazil for G-20 meet]]> https://www.dailysabah.com/business/economy/turkish-finance-minister-cbrt-chief-head-to-brazil-for-g-20-meet https://www.dailysabah.com/business/economy/turkish-finance-minister-cbrt-chief-head-to-brazil-for-g-20-meet Mon, 26 Feb 2024 13:29:00 +0300 <![CDATA[Türkiye in last stage of getting out of financial crimes gray list]]> https://www.dailysabah.com/business/finance/turkiye-in-last-stage-of-getting-out-of-financial-crimes-gray-list https://www.dailysabah.com/business/finance/turkiye-in-last-stage-of-getting-out-of-financial-crimes-gray-list Sat, 24 Feb 2024 23:28:00 +0300 <![CDATA[UAE removed from international money laundering watch list]]> https://www.dailysabah.com/business/finance/uae-removed-from-international-money-laundering-watch-list https://www.dailysabah.com/business/finance/uae-removed-from-international-money-laundering-watch-list Fri, 23 Feb 2024 19:07:00 +0300 <![CDATA[Turkish central bank leaves interest rate unchanged at 45%]]> https://www.dailysabah.com/business/finance/turkish-central-bank-leaves-interest-rate-unchanged-at-45 https://www.dailysabah.com/business/finance/turkish-central-bank-leaves-interest-rate-unchanged-at-45 Thu, 22 Feb 2024 13:58:00 +0300 <![CDATA[Capital One to acquire Discover Financial in $35.3B deal]]> https://www.dailysabah.com/business/economy/capital-one-to-acquire-discover-financial-in-353b-deal https://www.dailysabah.com/business/economy/capital-one-to-acquire-discover-financial-in-353b-deal Tue, 20 Feb 2024 09:26:00 +0300 <![CDATA[Norway to assist in frozen tax fund transfer to Palestinian Authority]]> https://www.dailysabah.com/business/economy/norway-to-assist-in-frozen-tax-fund-transfer-to-palestinian-authority https://www.dailysabah.com/business/economy/norway-to-assist-in-frozen-tax-fund-transfer-to-palestinian-authority Mon, 19 Feb 2024 11:11:00 +0300 <![CDATA[Turkish central bank expected to keep rates steady at 45%]]> https://www.dailysabah.com/business/finance/turkish-central-bank-expected-to-keep-rates-steady-at-45 https://www.dailysabah.com/business/finance/turkish-central-bank-expected-to-keep-rates-steady-at-45 Sun, 18 Feb 2024 15:13:00 +0300 <![CDATA[Türkiye's budget deficit declines to $4.9 billion in January]]> https://www.dailysabah.com/business/finance/turkiyes-budget-deficit-declines-to-49-billion-in-january https://www.dailysabah.com/business/finance/turkiyes-budget-deficit-declines-to-49-billion-in-january Thu, 15 Feb 2024 14:02:00 +0300 <![CDATA[Türkiye hails $100B services export mark, narrowing current account gap]]> https://www.dailysabah.com/business/economy/turkiye-hails-100b-services-export-mark-narrowing-current-account-gap https://www.dailysabah.com/business/economy/turkiye-hails-100b-services-export-mark-narrowing-current-account-gap Wed, 14 Feb 2024 15:34:00 +0300 <![CDATA[UK inflation holds steady at 4% to ignite BoE rate-cut debate]]> https://www.dailysabah.com/business/economy/uk-inflation-holds-steady-at-4-to-ignite-boe-rate-cut-debate https://www.dailysabah.com/business/economy/uk-inflation-holds-steady-at-4-to-ignite-boe-rate-cut-debate Wed, 14 Feb 2024 10:47:00 +0300 <![CDATA[Türkiye's current account gap expected to shrink below 2023's $45.2B]]> https://www.dailysabah.com/business/economy/turkiyes-current-account-gap-expected-to-shrink-below-2023s-452b https://www.dailysabah.com/business/economy/turkiyes-current-account-gap-expected-to-shrink-below-2023s-452b Tue, 13 Feb 2024 14:01:00 +0300 <![CDATA[Türkiye's Akbank plans to invest $200M in technology this year]]> https://www.dailysabah.com/business/economy/turkiyes-akbank-plans-to-invest-200m-in-technology-this-year https://www.dailysabah.com/business/economy/turkiyes-akbank-plans-to-invest-200m-in-technology-this-year Tue, 13 Feb 2024 12:10:00 +0300 <![CDATA[CBRT sticks to tight policy but new chief keeps all options open]]> https://www.dailysabah.com/business/economy/cbrt-sticks-to-tight-policy-but-new-chief-keeps-all-options-open https://www.dailysabah.com/business/economy/cbrt-sticks-to-tight-policy-but-new-chief-keeps-all-options-open Thu, 08 Feb 2024 11:13:00 +0300 <![CDATA[UBS plans $1B in share buybacks as Credit Suisse takeover on track]]> https://www.dailysabah.com/business/finance/ubs-plans-1b-in-share-buybacks-as-credit-suisse-takeover-on-track https://www.dailysabah.com/business/finance/ubs-plans-1b-in-share-buybacks-as-credit-suisse-takeover-on-track Tue, 06 Feb 2024 11:39:00 +0300 <![CDATA[US public debt 'unsustainable' in long run: Fed chief Powell]]> https://www.dailysabah.com/business/finance/us-public-debt-unsustainable-in-long-run-fed-chief-powell https://www.dailysabah.com/business/finance/us-public-debt-unsustainable-in-long-run-fed-chief-powell Mon, 05 Feb 2024 10:45:00 +0300 <![CDATA[Türkiye's annual inflation climbs to nearly 65% in January]]> https://www.dailysabah.com/business/economy/turkiyes-annual-inflation-climbs-to-nearly-65-in-january https://www.dailysabah.com/business/economy/turkiyes-annual-inflation-climbs-to-nearly-65-in-january Mon, 05 Feb 2024 09:58:00 +0300 <![CDATA[New Turkish central bank governor vows to prioritize disinflation]]> https://www.dailysabah.com/business/finance/new-turkish-central-bank-governor-vows-to-prioritize-disinflation https://www.dailysabah.com/business/finance/new-turkish-central-bank-governor-vows-to-prioritize-disinflation Sun, 04 Feb 2024 15:11:00 +0300 <![CDATA[Russia seeks solutions to Turkish banks tightening rules]]> https://www.dailysabah.com/business/finance/russia-seeks-solutions-to-turkish-banks-tightening-rules https://www.dailysabah.com/business/finance/russia-seeks-solutions-to-turkish-banks-tightening-rules Fri, 02 Feb 2024 16:02:00 +0300 <![CDATA[BoE, like US Fed, edges toward rate cuts – but not quite yet]]> https://www.dailysabah.com/business/economy/boe-like-us-fed-edges-toward-rate-cuts-but-not-quite-yet https://www.dailysabah.com/business/economy/boe-like-us-fed-edges-toward-rate-cuts-but-not-quite-yet Thu, 01 Feb 2024 20:33:43 +0300 <![CDATA[Norway's sovereign fund invested $1.3B in Türkiye by end of 2023]]> https://www.dailysabah.com/business/finance/norways-sovereign-fund-invested-13b-in-turkiye-by-end-of-2023 https://www.dailysabah.com/business/finance/norways-sovereign-fund-invested-13b-in-turkiye-by-end-of-2023 Thu, 01 Feb 2024 10:44:00 +0300 <![CDATA[Russia plans new system as dollar-based mechanism 'unreliable, dangerous']]> https://www.dailysabah.com/business/economy/russia-plans-new-system-as-dollar-based-mechanism-unreliable-dangerous https://www.dailysabah.com/business/economy/russia-plans-new-system-as-dollar-based-mechanism-unreliable-dangerous Sun, 28 Jan 2024 16:28:00 +0300 <![CDATA[US Fed rate cuts become question of not if but when]]> https://www.dailysabah.com/business/economy/us-fed-rate-cuts-become-question-of-not-if-but-when https://www.dailysabah.com/business/economy/us-fed-rate-cuts-become-question-of-not-if-but-when Sun, 28 Jan 2024 12:07:00 +0300 <![CDATA[Dilemma over cuts remains as ECB keeps interest rates on hold]]> https://www.dailysabah.com/business/finance/dilemma-over-cuts-remains-as-ecb-keeps-interest-rates-on-hold https://www.dailysabah.com/business/finance/dilemma-over-cuts-remains-as-ecb-keeps-interest-rates-on-hold Thu, 25 Jan 2024 16:35:00 +0300 <![CDATA[Türkiye, Israel to drive surge in 2024 EM bond issuance: JPMorgan]]> https://www.dailysabah.com/business/economy/turkiye-israel-to-drive-surge-in-2024-em-bond-issuance-jpmorgan https://www.dailysabah.com/business/economy/turkiye-israel-to-drive-surge-in-2024-em-bond-issuance-jpmorgan Wed, 24 Jan 2024 16:03:00 +0300 <![CDATA[Turkish banks' head expects credit card restrictions after 160% growth]]> https://www.dailysabah.com/business/finance/turkish-banks-head-expects-credit-card-restrictions-after-160-growth https://www.dailysabah.com/business/finance/turkish-banks-head-expects-credit-card-restrictions-after-160-growth Wed, 24 Jan 2024 11:57:43 +0300 <![CDATA[Final rate hike to 45% to end Turkish central bank's tightening cycle]]> https://www.dailysabah.com/business/economy/final-rate-hike-to-45-to-end-turkish-central-banks-tightening-cycle https://www.dailysabah.com/business/economy/final-rate-hike-to-45-to-end-turkish-central-banks-tightening-cycle Tue, 23 Jan 2024 13:26:00 +0300 <![CDATA[Bank of Japan keeps policy lax, signals conviction on inflation goal]]> https://www.dailysabah.com/business/economy/bank-of-japan-keeps-policy-lax-signals-conviction-on-inflation-goal https://www.dailysabah.com/business/economy/bank-of-japan-keeps-policy-lax-signals-conviction-on-inflation-goal Tue, 23 Jan 2024 09:32:00 +0300