Turkey Financial News

Bitcoin has achieved all-time highs against local currencies in several countries across Asia and South America, following a significant 7% surge in its price.

European Commission is set to increase Schengen visa fees from June 11, 2024. Slovenia’s Ministry of Foreign and European Affairs confirmed that while visa fees for adults will increase from €80 to €90 for adult applicants beginning, visas for children aged six to twelve will also increase, from €40 to €45. Furthermore, countries not cooperating with the readmission of their irregularly staying citizens in the EU may face visa fees rising to €135 or €180. «The European Commission adopted a decision to increase short stay Schengen visa (visa type C) fees worldwide by 12 per cent. The increase will apply worldwide as of 11 June 2024,» the Slovenian government said in a statement. The fee increase follows a review of EU visa fees in December 2023, which occurs every three years as mandated by the Schengen Visa Code. The EU cites inflation and civil servants' salaries as reasons for the hike. The last increase was in February 2020 when fees rose from €60 to €80.

Lounge on a recent trip to Bengaluru. In the spring of 2016 in the United States, Phippen learnt after a thorough analysis that he had type 1 diabetes – a shocker considering he was all of 23 with no family history at the time (although his mother was diagnosed years later). “I felt it was time that I did something that meant a lot to me, which was going back to my childhood dream of being a cyclist," he affirms.

BAGHDAD: The Kurdish Regional Security Council announced in a statement on Friday that it captured a senior Islamic State figure, Socrates Khalil. Khalil was known to be a confidant of the late Islamic State leader, Abu Bakr al-Baghdadi. «After spending five years in Turkey, Khalil returned to Kurdistan with a forged passport and was swiftly apprehended,» the statement said.

In a major move, Turkey drafted a crypto bill, tabled by the ruling party (AK Party) Group Chairperson Abdullah Güler on May 16, to regulate the cryptocurrency market in accordance with international standards.

OKX, a world-leading digital asset exchange, has officially launched its operations in Australia, a year after it established an office in Sydney in May 2023.

The leaders of Greece and Turkey have met for talks that were supposed to underline their efforts to put aside decades-old disputes but also revealed deep divisions between them

Money managers are digging in their heels over a popular emerging-market bet in early 2024 even as the trade has unraveled five months into the year. 

Lawmakers in Turkey are reportedly set to submit a draft law on crypto regulation to the parliament this week.

India's G20 Sherpa and former CEO of Niti Aayog Amitabh Kant projected that the country is all set to overtake Japan as 4th largest economy in the world by 2025. The size of India's GDP is currently ranked 5th, after the US, China, Germany, and Japan. It overtook the UK in 2022. Just a decade ago, Indian GDP was the eleventh largest in the world. Currently, India's GDP is estimated to be around USD 3.7 trillion.

India have never won an Olympic medal in archery, but celebrated coach Kim Hyung Tak will not be surprised if they break the duck in Paris. Between 2004 and 2020, India's men's, women's and mixed teams made the quarter-finals six times but could not secure a podium finish. Only Dhiraj Bommadevara has won a quota place for India in archery for the Paris Games, while the recurve archers are chasing a team quota in a qualification tournament in Turkey next month.

Boeing 737 passenger planes were involved in accidents within a matter of hours of each other on Thursday, with one plane’s tire bursting during landing in Turkey, while another plane skidded off the runway in Senegal.A Boeing 737-3 plane carrying 85 people skidded off a runway at the airport in Dakar, Senegal’s capital, injuring 10 people, according to the transport minister, an airline safety group and footage from a passenger that showed the aircraft on fire.“Our plane just caught fire,” wrote Malian musician Cheick Siriman Sissoko in a post on Facebook that showed passengers jumping down the emergency slides at night as flames engulfed one side of the aircraft. In the background, people can be heard screaming.Transport Minister El Malick Ndiaye said the Air Sénégal flight operated by TransAir was headed to Bamako, in neighbouring Mali, late Wednesday with 79 passengers, two pilots and four cabin crew.The injured were being treated at a hospital, while the others were taken to a hotel to rest.

Boeing 737 carrying 85 people caught fire and skidded off a runway at Senegal's main airport, injuring 10 people including the pilot, the country's transport minister said Thursday. Passengers were evacuated from the burning aircraft and some described «complete panic» as they scrambled for their lives. The Air Senegal flight operated by TransAir was headed to Bamako, in neighboring Mali, late Wednesday with 79 passengers, two pilots and four cabin crew, when the crash happened at Blaise Diagne International airport, about 50 kilometers (31 miles) from Dakar.

The most prevalent banking trojan was Bian.h, accounting for 22% of all Android attacks. Geographically, Afghanistan, Turkmenistan, and Tajikistan recorded the highest share of users encountering banking trojans, with Turkey leading mobile banking malware attacks."With the emergence of new and aggressive malware strains, attackers are evolving their tactics to target mobile devices more aggressively.

Democracy Perception Index revealed a striking sentiment among Indians, with nearly 75% expressing concern that global corporations pose a threat to democracy. As per the survey findings, after economic inequality and corruption, global corporations are viewed as the third most significant threat to democracy. The US also stands out as among the countries with the highest levels of the perceived threat from global corporations. India is also ranked top among countries fearing that big tech companies like Google, Amazon and Meta threaten democracy.

An April rout in emerging-market bonds and currencies has some former bulls turning negative on the outlook for the asset class.

As 94 Lok Sabha seats go to polls on Tuesday in the third phase of the ongoing elections, voter turnout will again be under scrutiny. The election season has had a disappointing start, with overall turnout in the first two phases lower than it was in 2019. This trend has sparked concerns over whether Indian voters are less inclined to cast their ballots amid the scorching summer heat.

Hindustan Times reported. Also Read | Apple share price jumps 6% as Q2 earnings, forecast beat estimates; unveils record $110 billion share buyback Speaking about the Apple's iPhone manufacturing in India, Hindustan Times reported that Tim Cook emphasised the strategic importance of local production for maintaining competitiveness.

For one day, workers ruled the world’s biggest streets.

Turkey has announced that it is suspending all imports and exports to Israel over its ongoing military action in Gaza

Ramkrishna Forgings Ltd (RKFL) on Thursday reported a 31 per cent rise in standalone net profit to Rs 87.30 crore for the January-March quarter of 2023-24. Its net profit was at Rs 66.82 crore in the January-March period of 2022-23, the company said in an exchange filing. The company's total income rose by 6 per cent to Rs 886.16 crore in the fourth quarter of FY24 compared to Rs 835.40 crore in the year-ago quarter.