MARKET OUTLOOK - US Inflation Figures Do Not Trigger Major Market Movement

Forex - Michael Brown from Pepperstone argued that the monthly US headline inflation figures are not causing as significant market movements as they did at the be...

Southeast's Grain Exports Reach $2.8 Billion in 10 Months

According to recent reports, the agriculture sector, particularly in grains, pulses, oilseeds, and their products, has achieved an export revenue of $2.8 billion ...

CW Energy to Host the 14th Annual Points of Sale Meeting

Foreks - CW Enerji will bring together its sales points operating throughout Turkey at the ‘CW Enerji Traditional Sales Points Meeting’.

The countdown has begun...

ATO/Baran: Significant Developments in Tourism Over Two Decades

Foreks - Gürsel Baran, the Chairman of the Ankara Chamber of Commerce (ATO), stated that despite the issues faced by Turkey's geography, significant developments ...

Setur Named 'Best Tour Operator for Customer Experience'

Setur has achieved first place in the category of "Best Customer Experience Provider" at the ALFA Awards 2024, organized by Marketing Türkiye. The awards ceremony...

FOREX NEWS SURVEY: Economists Expect TCMB to Maintain Interest Rates This Month

Foreks - Foreks News TCMB interest survey has concluded. The median expectation for the Central Bank of the Republic of Turkey's (CBRT) Monetary Policy Committee ...

7-Eleven Initiates Talks for $47 Billion Takeover Bid with ACT - FT

Seven & i Holdings, the owner of 7-Eleven stores, has initiated negotiations with Canadian Alimentation Couche-Tard for a $47 billion takeover offer. The Canadian...

Kuwait Türk's Assets Grew to 825.6 Billion TL in the Third Quarter of the Year

Kuwait Turkish announced its financial results for the third quarter of 2024. The total funding base (collected funds and non-deposit resources) of Kuwait Turkish...

Akbank Private Banking Named "Turkey's Best Private Banking Unit"

Akbank Private Banking has been awarded the title of "Best in Turkey" at the Global Private Banking Awards 2024, organized by Professional Wealth Management (PWM)...

Copper Faces Worst Week in Four Months on LME

Forex - Copper in London has seen a slight increase, but it is on track for its worst week in four months due to the rising dollar and concerns over demand from t...

Euro Weakens Against the US Dollar: All Eyes on US Inflation Data

Forex - ING pointed out that the euro has fallen to its lowest level against the dollar in a year, due to further deterioration in interest rate differentials. IN...

Central Government Budget Posts a Deficit of 186.27 Billion TL in October

In October 2023, the central government budget recorded a deficit of 95 billion 461 million TL, while in October 2024, the deficit rose to 186 billion 271 million...

Housing Sector News: Recovery in First-Hand Home Sales Continues

Foreks - The President of Konutder, Ramadan Kumova, stated regarding the October 2024 Housing Sales Statistics announced by TÜİK today, "The recovery in first-han...

Competition Authority Fines Viking Paper 9 Million TL in Settlement Investigation

According to the decision dated April 18, 2024, numbered 24-19/407-M, the investigation regarding whether Viking Kağıt ve Selüloz Sanayi ve Ticaret AŞ violated Ar...

Akiş REIT Awarded as the “Highest Rated Real Estate Investment Trust in Corporate Governance” at the 19th GYODER Summit.

Akiş Gayrimenkul Yatırım Ortaklığı (Akiş GYO (IS:AKSGY)), one of the strategic business areas of Akkök Holding, has once again strengthened its prominent position...

Competition Authority Fines Viking Kağıt Nearly 9 Million TL in Settlement Case

According to the decision dated April 18, 2024, numbered 24-19/407-M, the investigation regarding whether Viking Kağıt ve Selüloz Sanayi ve Ticaret AŞ violated Ar...

Bank of England Governor: "Brexit Has Harmed the British Economy"

In a speech at the Mansion House dinner in London on Thursday evening, Andrew Bailey stated that he did not take a “stand alone” position on Brexit, but added, “I...

Tencent's Q3 Revenue Sees an 8% Increase from Gaming Division

Tencent Holdings, the world's largest video game company, reported an 8% increase in third-quarter revenue, matching average analyst expectations. This increase, ...

EU Commission Lowers Turkey's Economic Growth Forecast for 2024, Raises Inflation Estimate

The European Commission's "Economic Forecasts for Europe, Autumn 2024" report presents a growth forecast of 3.0% for the Turkish economy in 2024. It estimates tha...

BNP Paribas Cuts Jobs Amid Slowing Business Volume in China

French banking giant BNP Paribas (EPA:BNPP) has reportedly reduced its workforce in mainland China and Hong Kong by a dozen positions, according to a source famil...

Futures Iron Ore Prices in China Hit a Two-Month Low

Forex - China's futures iron ore contracts fell to their lowest level in nearly two months on Friday, registering a weekly decline due to weakness in the country'...