MARKET OVERVIEW - Iron Ore Retreats Amid Risk Aversion Sentiment but Prepares for Weekly Gains

Iron ore futures have declined due to the risk-off sentiment in financial markets caused by the Ukraine-Russia tensions, but are still on track for weekly gains d...

European Battery Manufacturer Northvolt Files for Bankruptcy

Northvolt AB has filed for bankruptcy protection in the United States, stating that the struggling battery manufacturer has only one week of cash left in its acco...

Market Outlook: HSBC Forecasts RBNZ May Cut Rates by 50 Basis Points Next Week

HSBC forecasts that the Reserve Bank of New Zealand (RBNZ) may implement a 50 basis point interest rate cut next week. According to HSBC economist Paul Bloxham, s...

BKM: In October, 1.63 billion card payment transactions worth 1.49 trillion TL were conducted

In October, a total of 1.63 billion card payment transactions amounting to 1.49 trillion TL were recorded. According to a statement from the Interbank Card Center...

TANKER REPORT - 24 Tankers Currently Docked at Black Sea Ports

In the Black Sea ports, a total of 24 tankers are currently present, serving as the first leg for oil arriving in the region to reach the world via the Istanbul a...

TANKER REPORT - One Tanker Is Loading at Ceyhan BTC, Two Tankers Have Departed from the Port

Foreks - A tanker is loading at the Ceyhan BTC Terminal, which is the second step in delivering oil from the Baku-Tbilisi-Ceyhan (BTC) pipeline to countries aroun...

TANKER REPORT - 10 Tankers to Transit the Dardanelles and Bosphorus Today

Foreks - In the Istanbul Strait, one of the most important routes used to transport oil from the Black Sea region to the world, tankers are not allowed to pass at...

Diesel Prices Set to Surge

Forex - A price increase for diesel fuel is imminent. According to information obtained, a price hike of 1.25 TL is expected for the diesel group. No change in pr...

Fed Member's Rate Assessment, ECB's Trade War Warning, Japan's Stimulus Moves: What's Happening in the Global Economy?

In recent developments in the global economy, the comments from the President of the Chicago Fed indicate that interest rates may decline next year, while the Eur...

Citigroup: The Likelihood of a Central Bank Rate Cut Strengthened in December

The Central Bank of the Republic of Turkey (CBRT) decided to keep the policy rate unchanged at 50% during its Monetary Policy Committee (MPC) meeting in November....

Capital Increase Approval for 17 Companies by the CMB

The Capital Markets Board (CMB) announced in its weekly bulletin that it has approved capital increase requests from 16 different companies listed on BIST.

Manas...

Turkish Airlines Crowned Leader in Passenger Transportation Services at the 6th Service Exporters Association Awards

Turkish Airlines (IS: THYAO) has been recognized as a leader in the Passenger Transport Services Category at the 6th Service Exporters Association Awards Ceremony...

Digital Assets Marked as Unregistered Securities by SEC Surge in Value

Forex - Digital assets labeled as unregistered securities by the U.S. Securities and Exchange Commission (SEC) surged following the announcement that SEC Chairman...

TAV Security Launches Services at Vadistanbul Mall

TAV Security has started providing security services at Vadistanbul Shopping Mall. The company offers an integrated approach that includes not only physical secur...

JPMorgan Anticipates First Rate Cut from Central Bank of Turkey in December, Forecasts Rate to Fall to 30% by September 2025

Forex - JPMorgan (NYSE:JPM) forecasts that the first interest rate cut by the Central Bank of the Republic of Turkey (CBRT) will come in December following the Mo...

Kordsa Awarded Gold Medal by EcoVadis

Kordsa, a subsidiary of Sabancı Holding, continues to be recognized globally for its successful sustainability practices. Leading the green transformation of the ...

UPDATE - Morgan Stanley Brings Forward Expectations for First Rate Cut from the Central Bank of Turkey to December

Morgan Stanley (NYSE:MS), following the announcement after the Central Bank of the Republic of Turkey’s (CBRT) Monetary Policy Committee meeting held yesterday, r...

Employment Index Increased by 3.0% Year-Over-Year

Forex - The employment index increased by 3.0% year-on-year in the third quarter. According to the announcement made by the Turkish Statistical Institute (TÜİK), ...

Financial Services Confidence Index Rises by 6 Points

In October 2024, the Financial Services Confidence Index (FHGE) recorded an increase of 6.0 points compared to the previous month, reaching a level of 173.6. Acco...

Indirect R&D Incentives Reached 59.33 Billion TL in 2023

In 2022, the total tax incentives for R&D activities amounted to 26 billion 169 million TL, showing an increase of 126.7% to reach 59 billion 332 million TL in 20...

Number of Newly Established Companies Decreased by 2.8% in October, While Number of Closed Companies Increased by 8.6%

According to data released by the Union of Chambers and Commodity Exchanges of Turkey, the number of newly established companies increased by 5.5% month-on-month ...