Baumit Turkey to Accelerate Investments

Foreks - Baumit Turkey, a leading player in the thermal insulation sector, made significant contributions to both the economy and the environment throughout 2024 ...

MAYA Now Available to All Users on the Migros Virtual Market App

Foreks - Online grocery retail leader Migros (IS:MGROS) takes shopping to the next level with its AI-powered platform, MAYA, which hyper-personalizes the shopping...

MARKET OVERVIEW - The Stock Exchange Kicked Off with Buyers

Forex - The BIST 100 index started the day with an increase of 50.76 points at 10109.23.
According to the Forex News survey, the BIST 100 index was expected to ...

Current Account Surplus of $1.88 Billion in October

In October, the current account recorded a surplus of 1.880 billion US dollars. According to the Foreks news survey, a surplus of 1.3 billion US dollars was expec...

TURKSTAT: Istanbul Takes the Largest Share of Gross Domestic Product in 2023 at 30.4%

According to calculations of Gross Domestic Product (GDP) at current prices at the provincial level, in 2023, Istanbul reached the highest GDP of 8 trillion 60 bi...

STOCK EVALUATION - Investment Finance removes Aydem and Migros from its model portfolio, adds Anadolu Group Holding

Forex -

TANKER REPORT - Transit Passages in the Dardanelles Strait to Resume at 1:00 PM

Due to reduced visibility caused by fog, the Dardanelles Strait, which was closed to transit traffic, will reopen at noon. According to information received, fog ...

IfW Kiel Predicts Economic Slowdown for Germany in 2025

Foreks - The IfW Kiel Institute for the World Economy stated that the German economy is expected to stagnate next year after contracting for two consecutive years...

Electronics Industry Comes Together at TESİD Summit

Forex - The TESİD Summit, organized by the Turkish Electronics Industrialists Association (TESİD) on December 11, aimed to bring together leading figures in the e...

ATO/Baran: Access to Financing is a Challenge for the Business World, KGF Should Be Activated

Forex - The President of the Ankara Chamber of Commerce (ATO), Gürsel Baran, along with ATO Council President Mustafa Deryal, ATO Board and Council Members, hoste...

China Prepares to Launch Nationwide Private Pension System

China, the world's second-largest economy, is facing a rapidly aging population and a dwindling public pension fund, prompting preparations for the rollout of a n...

IDMIB/Karaca: Leather Export Decline Slows, Sector on the Rise

Foreks - The 13th Leather and Fur Fashion Fair, organized by the Turkish Leather Garment Manufacturers Association (TDKD), has opened its doors in Antalya. Despit...

Fidan: We've Reached a Significant Milestone in Resolving Disputes Between Somalia and Ethiopia

Foreign Minister Hakan Fidan noted that an important milestone has been reached in resolving the long-standing disputes between Somalia and Ethiopia.

In a state...

Garanti BBVA Offers Convenient Financial Data Sharing Opportunity for Businesses and Individuals

Forex - Garanti BBVA’s corporate and individual business customers can now transmit their financial data to the bank through digital channels with a single click,...

Swiss National Bank Cuts Policy Rate by 50 Basis Points, Surpassing Expectations

Forex - The Swiss National Bank (SNB) made a move that exceeded market expectations by reducing the policy rate by 50 basis points. According to the SNB's announc...

India Considers Implementing Safeguard Duty on Steel

India's Steel Minister H.D. Kumaraswamy announced that India is considering implementing a safeguard duty or temporary tax to curb cheap imports from China.

Dur...

Bolat: Strong Improvement in Current Account Balance Continues to Present a Positive Outlook for the Economy’s Future

Forex - Trade Minister Ömer Bolat stated that the strong improvement in the current account balance continues to paint a positive picture for the future of the ec...

Uzbekistan Central Bank Holds Steady on Interest Rates

Forex - The Central Bank of Uzbekistan (CBU) did not change its policy interest rate. According to the statement from the CBU, the benchmark interest rate remaine...

Bolat: We Place Great Importance on Diversifying Collaboration Areas to Reach the $30 Billion Bilateral Trade Volume with Iran

The Minister of Trade, Ömer Bolat, emphasized the importance of diversifying cooperation areas to achieve the bilateral trade volume target of 30 billion dollars ...

Market Outlook: Dollar Could Strengthen After US PPI Data and ECB Interest Rate Decision

Forex - Chris Turner from ING stated that if the data released at 1630 GMT shows that U.S. producer price inflation is higher than expected, the U.S. dollar could...

Citi: Stablecoins Could Strengthen the Dollar's Dominance

A report published by Citi (C) analysts highlights that stablecoins account for more than three-quarters of the cryptocurrency trading volume and are largely pegg...