Amundi's Net Profit Soars by 16%

Amundi, the asset management company, reported a third-quarter adjusted net profit that exceeded analysts' expectations and stated that the increase in assets con...

Sumitomo Corp Resumes Production at Ambatovy, Adjusts Nickel Output Outlook

Forex - Japanese trading company Sumitomo Corp announced that it has resumed production at the Ambatovy nickel and cobalt project in Madagascar at the end of Octo...

Forex News: Stock Exchange Opening Survey Results Announced

In a survey conducted by analysts at Foreks, the median prediction for the opening gap value of the BIST 100 Index was 22.15 points, while the average prediction ...

PAGDER/Benliler: One Machine's Worth of Tax is Paid for Every Five Machines

Foreks - Kenan Benliler, Chairman of the Turkish Plastic Industrialists Association (PAGDER), stated, "A tax equivalent to the value of one machine is paid for ev...

StartupCentrum - Yıldız Tekno GSYO Releases the 2024 Q3 Turkey Startup Ecosystem Investment Report

Forex - The year 2024 has begun as a year filled with new beginnings and opportunities for the Turkish entrepreneurship ecosystem. Strengthened by the experiences...

STOCK VALUATION - Yapı Kredi Investment Maintains Target Price of 160 TL and "Buy" Recommendation for GARAN-Garanti BBVA

Forex -

Russia's Deputy Foreign Minister Meets with Chinese Foreign Minister in Beijing

Forex - According to reports from RIA, Russian Deputy Foreign Minister Andrei Rudenko met with Chinese Foreign Minister Wang Yi in Beijing. Rudenko played a role ...

Codelco's Copper Production Dips 5% in First Nine Months, Recovery Expected

Codelco, Chile's state-owned mining company, reported a 4.9% decline in its copper production to 918,000 tons for the first nine months of the year, compared to t...

STOCK VALUATION - Alnus Investment Lowers Target Price for ARCLK-Arçelik from 220 TL to 200 TL, Upgrades Recommendation from "Hold" to "Buy"

Forex -

TANKER REPORT - One tanker departs the Ceyhan BTC terminal, another is currently loading.

Foreks - A tanker has departed from the Ceyhan BTC Terminal, which is the second step in delivering oil from Azerbaijan via the Baku-Tbilisi-Ceyhan (BTC) pipeline...

Chinese Baosteel Expects First Shipment from Simandou by End of 2025

Baoshan Iron & Steel (Baosteel), China's largest steel producer listed on the stock exchange, announced that it expects to complete the infrastructure constructio...

STOCK VALUATION - Şeker Investment Maintains Target Price of 30.55 TL and "Buy" Recommendation for VESBE-Vestel Beyaz

Forex -

UBS Reports Third Quarter Results That Significantly Exceed Expectations

UBS Group AG announced third-quarter results that significantly exceeded expectations. The bank reported net income of $1.43 billion, nearly double the analysts' ...

MARKET OUTLOOK - Iron Ore Fluctuates Within Narrow Range as Investors Await Clues on New Chinese Stimulus

Forex - Iron ore futures held in a narrow range today as optimistic industrial data from China boosted sentiment; however, gains were limited as investors awaited...

Pilbara Minerals Reduces Production Forecast for Fiscal Year 2025

Forex - Australian Pilbara Minerals has lowered its fiscal production forecasts for 2025 and announced a cash flow improvement of AUD 200 million (USD 131.2 milli...

TANKER REPORT - 17 Tankers to Transit the Dardanelles and Bosphorus Today

Foreks - There are no issues with transit passages through the Dardanelles and Bosphorus straits, which are the most important routes for transporting oil from th...

Alcoa Believes Copper Substitution Will Strengthen Aluminum

Foreks - Alcoa CEO William F. Oplinger stated that there is a significant bullish sentiment in aluminum driven by the increase in demand resulting from the energy...

MARKET OVERVIEW - Iron Ore Drops as EU Tariff Hike Concerns Weigh Heavily on China's Financial Stimulus Optimism

Iron ore prices fell as concerns over steel demand in China outweighed expectations for more fiscal stimulus from Beijing following the European Union's decision ...

TANKER REPORT - Two Tankers Depart from Ceyhan BTC Port

Foreks - Two tankers have departed from the Ceyhan BTC Terminal, marking the second step in delivering oil from the Baku-Tbilisi-Ceyhan (BTC) pipeline to countrie...

MARKET OUTLOOK - Copper Remains Flat Ahead of U.S. Elections and Major China Meeting

Copper prices remained steady as market traders prepared for the contentious U.S. presidential election and anticipated further stimulus measures from China.

At...

TANKER REPORT - 17 Tankers to Transit Through the Dardanelles and Istanbul Straits Today

Forex - There are no issues with transit passes through the Çanakkale and Istanbul Straits, which are among the most important routes for transporting oil from th...