Codelco Seeks Approval for $650 Million Andina Water Project

Codelco, Chile's state-owned copper giant, has submitted an environmental permit application for a $650 million project aimed at making water use in the Andina mi...

TANKER REPORT - No Tankers Found at Ceyhan BTC

Forex - There are no tankers at the Ceyhan BTC Terminal, the second step in delivering oil from the Baku-Tbilisi-Ceyhan (BTC) pipeline in Azerbaijan to countries ...

Ministry of Trade: 29 Cities Exported Over $1 Billion from January to October

Forex - From January to October, 29 cities exported over 1 billion dollars.

In the announcement made by the Ministry of Trade, it was stated:

"By October 2024, ...

Market Outlook: Iron Ore Falls as Focus Shifts to Soft Fundamentals from China’s Stimulus Bets

Forex - Iron ore futures fell as investors focused on the soft fundamentals of the key steel production component amid increased expectations for more stimulus fr...

TANKER REPORT - 15 Tankers to Transit the Dardanelles and Istanbul Straits Today

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

Turkey Exports $506 Million Worth of Liquid Gold to 120 Countries

In the challenging 2023/24 season marked by restrictions and quotas, the Turkish olive oil sector exported 70,750 tons of olive oil, generating $506,374,000 in fo...

Toyota's Operating Profit Falls by 20%

Toyota Motor announced a 20% decrease in its second-quarter profit on Wednesday, impacted by slowing sales and production volumes. This marks the first decline in...

Inflation in Northern Cyprus Accelerates Again in October

In October, the inflation rate accelerated upward again in the Turkish Republic of Northern Cyprus (TRNC). According to the statement made by the TRNC Statistical...

Republicans Gain 1 Seat in the Senate, Tying Seat Distribution at 50-50 in the U.S.

Forex - While a presidential election is taking place in the U.S., one third of the Senate and the House of Representatives are also undergoing elections. Democra...

ISTANBUL PARKING SYSTEM (İSPARK) Tenders for Installation and Operation of Electric Vehicle Charging Stations at 22 Parking Lots

Istanbul Metropolitan Municipality's İSPARK Istanbul Parking Operations Trade Inc. has tendered for the establishment and operation of electric vehicle charging s...

Migros Raises Its 2024 Outlook

Migros (IS:MGROS) has raised its end-of-year 2024 expectations after a strong performance in the third quarter. According to a statement from Migros, based on TMS...

DMM: (Next Week, We'll Have a Completely Different Agenda) There is No Such Statement by Our President

The Forex - Disinformation Combat Center (DMM) reported that there is no statement attributed to President Recep Tayyip Erdoğan saying, "We will have a completely...

Tüpraş Projects Approximately 26 Million Tons of Production and 30 Million Tons of Sales in 2024

Foreks - Tüpraş (IS:TUPRS) forecasts approximately 26 million tons of production and 30 million tons of sales in 2024. According to the information in Tüpraş's In...

Oil Inventories Rise Contrary to Expectations

Foreks - The American Petroleum Institute (API) reported an unexpected increase in oil inventories, contrary to analysts' expectations. According to the API, oil ...

S&P Global Assigns 'B' Rating to Milli Reasürans with a Stable Outlook

Forex - The international credit rating agency S&P Global has assigned a credit rating of "B" to Milli Reasürans and set the outlook as "stable."

In its assessm...

Fitch Upgrades Aydem Energy's Outlook to "Positive"

Fitch Ratings has revised Aydem Renewable Energy's (Aydem) outlook from Stable to Positive, while affirming its Long-Term Issuer Default Rating (IDR) at 'B'.

Fi...

"Turkcell Receives 'Positive EIA' Decision for Siverek 1, 2, and 3 Solar Power Plants"

Foreks - Turkcell (IS:TCELL) received a "positive" decision regarding the Environmental Impact Assessment for the Siverek 1 Solar Power Plant (GES), Turkcell Sive...

Sponsorship Agreement Signed Between Galatasaray Sports and Pasifik Real Estate Investment Construction

A sponsorship agreement has been signed between Foreks - Galatasaray (IS:GSRAY) Sportif and Pasifik Gayrimenkul Yatırım İnşaat. In a statement made to KAP by the ...

MARKET OUTLOOK - No Matter the U.S. Election Results, the Fed Will Cut Rates

Forex - DBS Senior Interest Rate Strategist Eugene Leow argued that the Fed would lower interest rates this week, regardless of the U.S. election outcomes. Leow n...

Voting Continues in Western States, While Election Results Begin to Emerge in the East

Forex - Voting is ongoing in the U.S. states of California, Washington, Oregon, Idaho, Hawaii, and Alaska. However, election results are starting to emerge in the...

Expectations of Trump Winning Boost Futures on Wall Street

Forex - Stock futures on Wall Street rose as President Donald Trump began to gain an advantage in the presidential race. The Dow Jones Industrial Average futures ...