Following an unexpected steep fall in interest rates by certain central banks in recent weeks, Turkey’s state-owned bank is likely to cut loan borrowing costs by roughly 200 basis points on Monday. According to Reuters, three major public creditors, Ziraat Bank, Hulk Bank, and Bakif Bank, are set to lower interest rates on corporate, individual, … Read More

Municipal bond sales are growing in the corners of the market as banks use ways to secure low-cost financing. The issuance of so-called pay-as-you-go petrol bonds, which encourages local government application companies to get gasoline from the hands of banks that buy and sell basic products over the long term, has risen to about $ … Read More

Tesla Inc. Friday’s stock has risen to an all-time high, and electric car makers are a step closer to joining an elite group company with a market capitalization of at least $ 1 billion. Shares rose 1.8% to a high of $ 910 and then closed at $ 909. It’s $ 68 in New York. … Read More

US oil producers are clearly not responding to crude oil market prices, and this is at least suggested by the latest data from drilling rigs. According to a document from Baker Hughes Co. on Friday, the number of various oil drilling platforms deployed in the United States has decreased by two each week to 443. … Read More

Bitcoin’s record week ended with a negative note. The world’s largest cryptocurrency, which lost a second day for a moment, lost about 8% when it peaked at about $ 67,000 on Wednesday, dropping by more than $ 100 billion. The market is being spent. No cash was saved either. The market value of 2D Ether … Read More

CaixaBank, Spain, said Thursday that it is considering selling its entire 9.92% stake in the Austrian bank Erste Group Bank. According to Refinitiv data, the current market value of this stock is around € 1.65 billion ($ 1.92 billion), given the Austrian lenders 429.8 million shares and Thursday’s closing price of € 38.76. Lenders, mainly … Read More

Since Sept 2, US stocks have risen to their highest level, boosted by a series of strong corporate performance and positive news about the fight against the virus. The temperament deteriorated after currency demand, but more than 25% have sunk in the fallout from reports ignoring Snap Inc. estimates. Owners of the Snapchat app are … Read More

Federal Reserve Board Governor Randal Quarles said that until recently, he was the highest financial regulator of the US central bank and did not understand the debate in favour of the central bank’s issuance of digital currencies. “Until someone solves me the consultation, why doesn’t stop why a large number of sources and the technological … Read More

The Verge reflected on Tuesday that Facebook was renaming and gaining more attention to the so-called Metaverse, a lasting online world where people could communicate with others as if they were talking in real life. I reported that there was. Facebook CEO Mark Zuckerberg will announce the changes during the Augmented Reality, and Virtual Reality … Read More