South Korea to Provide $10 Billion Support to Chip Manufacturers Next Year

South Korea plans to increase its financial support for domestic chip manufacturers next year, aiming to bolster an industry that may face challenges from the new...

Oil Prices Edged Higher Amid Reports OPEC+ Will Postpone Supply Increase

Forex - ANZ research analysts noted that oil prices increased in early Asian trading due to news of potential delays in OPEC's planned production increases. Accor...

OPEC+ Deliberates Postponing Restart of Oil Production

According to two sources from OPEC+, member countries are discussing the postponement of the planned increase in oil production set to start in January, ahead of ...

Amazon Workers Plan Global Protests on Black Friday and Cyber Monday

Some Amazon (NASDAQ:AMZN) employees and activists from 20 countries are preparing to strike or protest on Black Friday and Cyber Monday as part of the "Make Amazo...

Dell's Net Profit Surpasses Expectations

Forex - Dell Technologies Inc. reported its third-quarter financial profit as $1.13 billion. The Round Rock, Texas-based company announced a net profit of $1.58 p...

HP Expects Profit Decline in First Quarter

HP reported results in line with expectations for the fourth quarter of its fiscal year ending October 31, but announced that its earnings for the first quarter o...

Vietnam's Prime Minister Urges the U.S. to Lift Certain High-Tech Export Restrictions

Forex - Vietnamese Prime Minister Pham Minh Chinh called on the United States to lift export restrictions on certain technologies and stated that the country wish...

Taiwan's Foxconn Predicts Lesser Impact from Trump's Tariffs Compared to Rivals

On Wednesday, Taiwanese Foxconn announced that it expects the new tariffs proposed by President-elect Donald Trump to affect it less than its competitors, citing ...

Chinese State Media Ignores Trump's Tariff Announcement, Focuses on Fentanyl

Forex - Chinese state media, in late Tuesday editorials, overlooked U.S. President-elect Donald Trump's promise to impose additional tariffs on Chinese goods and ...

U.S. Steel Imports Surge 12.0% Month-over-Month in October

According to the American Iron and Steel Institute (AISI), steel imports in October increased by an estimated 12.0% compared to September, reaching 2.394 million ...

UPDATE - Customs Duties on Oil Sunflower Seeds Revised

Foreks - The customs duties have been rearranged to meet the seed needs of sunflower oil producers and to ensure supply security and price stability in sunflower ...

MARKET OVERVIEW - Iron Ore Rises as Increasing Steel Production Offsets Weak Chinese Data

Iron ore prices rose for the third consecutive session as strong steel production overshadowed a series of weak economic data from China. The January iron ore con...

TANKER REPORT: Two Tankers Departed from Ceyhan BTC Port

Foreks - Two tankers have departed from the Ceyhan BTC Terminal, which serves as the second step in delivering oil from Azerbaijan via the Baku-Tbilisi-Ceyhan (BT...

MARKET OVERVIEW - Copper Trades in a Tight Range as New Catalysts Awaited

Forex - Copper prices rose with the support of a weaker dollar but remained in a narrow range as market participants awaited further clues. On the London Metal Ex...

European Union Opens Doors for Turkish Defense Companies

Forex - The European Union (EU) is opening doors for Turkish defense industry companies in its plans to prepare the local defense industry for war. According to a...

TANKER REPORT - 15 Tankers to Transit the Dardanelles and Bosphorus Today

There are no issues with the transit passage through the Istanbul and Çanakkale Straits, which are the most important routes for transporting oil from the Black S...

TEPAV: Retail Confidence Continues Its Negative Trend

Foreks - The 178th issue of the TEPAV Retail Confidence Index (TEPE) has been published. Accordingly, the TEPAV Retail Confidence Index (TEPE) recorded a value of...

TANKER REPORT - 36 Tankers Docked at Black Sea Ports

According to a report prepared by Tribeca Maritime Services and shared via email, there are a total of 36 tankers in the Black Sea, which serve as the initial poi...

An Increase in Gas Prices Anticipated

Foreks - A price increase for gasoline is anticipated. According to information received, a price increase of 74 kuruş is expected in the gasoline group, effectiv...

Corporate Tax Exemption Rate on Gains from the Sale of Investment Fund Shares Reduced

Forex - The exemption rate for corporate income tax on gains derived from the sale of investment fund shares has been reduced.

The Presidential decision regardi...

MARKET PERSPECTIVE - Rising Protectionism and Financial Risks Create Headwinds for Emerging Markets

The Monetary Authority of Singapore (MAS) stated that increasing protectionism could weaken the capacity of international trade to alleviate domestic inflationary...