TVF completed the syndication loan process worth 1.1 billion euros without a Treasury guarantee.

Foreks - The Turkey Wealth Fund (TVF) successfully completed its first syndication loan agreement without a Treasury guarantee on March 14, 2025, involving 20 ban...

Insurance companies' premium production increased by 55.1% in January-February.

Foreks - The total premium production of insurance companies increased by 55.0% in the January-February period of 2025 compared to the same period last year. Acco...

The morale of the German business world has improved.

The approval of a reform allocating 500 billion euros for defense and infrastructure spending has heightened business sentiment in Germany this month. The Ifo Ins...

BlackRock has launched a Bitcoin exchange-traded product in Europe.

Foreks - The world's largest asset management company, BlackRock, has announced the launch of a Bitcoin exchange-traded product (ETP) in Europe.

The new product...

ECB/Kazimir: I am open to discussing a rate cut or a pause in April.

Foreks - European Central Bank policymaker Peter Kazimir stated that the bank is open to discussing further interest rate cuts or a pause at its upcoming meeting ...

Sabesp ADR earnings of $0.02 fell short of expectations, while profits also came in below forecasts.

According to the Sabesp ADR (NYSE: SBS) report, the earnings per share for the first quarter was $0.359, falling short of analysts' expectations of $0.374 by $0.0...

MARKET OVERVIEW - After the BDDK statement, the rise in Borsa Istanbul accelerated.

After the Banking Regulation and Supervision Agency (BDDK) granted banks flexibility in share buybacks and announced that the shares they acquire would not be ded...

Bolat: We aim to further increase our trade volume with Bulgaria to $7.8 billion.

Foreks - Trade Minister Ömer Bolat stated that they aim to further increase the trade volume with Bulgaria, which currently stands at $7.8 billion, as well as div...

TP Distribution: "We have no affiliation with the company 'Türkpetrol'."

Foreks - TP Petrol Distribution AŞ has announced that it has no connection with the "Türkpetrol" company, stating that the related brand is not operational. In a ...

Canadian Solar Inc's earnings of $1.44 fell short of expectations, while profits exceeded forecasts.

According to Canadian Solar Inc's (NASDAQ: CSIQ) report, the fourth quarter earnings per share were -$1.47, which is $1.44 worse than analysts' expectations of -$...

X4 Pharmaceuticals' earnings are $0.04, falling short of expectations, while profits exceed forecasts.

According to X4 Pharmaceuticals (NASDAQ: XFOR) report, the first-quarter earnings per share were -$0.200, which is $0.04 worse than analysts' expectations of -$0....

CW Enerji met with sales points at the 15th CW Akademi MTS Workshop, 170th Training.

Foreks - CW Enerji gathered with sales points from all over Turkey at the 15th CW Academy MTS Workshop, 170th Training. Participants closely examined the producti...

Capital flexibility for share buybacks in publicly traded banks from the Banking Regulation and Supervision Agency (BDDK).

The Banking Regulation and Supervision Agency (BRSA) announced a decision to provide capital flexibility for publicly traded banks in share buybacks. According to...

Midday on Borsa Istanbul: BIST 100 sees a rise exceeding 5%.

The BIST 100 index opened positively today, climbing to 9,811 points during the first half of the day, marking a 5.51% increase. This surge in the Istanbul Stock ...

S&P Global has downgraded Arçelik's credit rating.

Foreks - S&P Global has downgraded Arçelik's (IS:ARCLK) long-term issuer credit rating from "BB" to "BB-" and its senior unsecured debt rating from "BB" to "B+". ...

ForInvest News: BIST100 closing forecast survey results are in.

In a survey conducted by ForInvest News with analysts, the median forecast for the BIST100 index closing difference value was 220.05 points, while the average for...

Morgan Stanley has removed its "overweight" stance on Turkey's debt.

Morgan Stanley analysts, including Hande Kucuk and Arnav Gupta, have reduced their stance on Turkey's sovereign debt and removed their "buy" rating due to an incr...

MARKET OVERVIEW - The reference price in the spot natural gas market reached 12,368.21 TL.

In the spot natural gas market, the reference price for one thousand cubic meters of natural gas reached 12,368.21 TL yesterday, up from the previous day's price ...

Akfen GYO and Akfen Renewable Energy will buy back shares.

Foreks - Akfen GYO (IS:AKFGY) and Akfen Renewable Energy (IS:AKFYE) have announced a share buyback program. In a statement made by Akfen GYO to the Public Disclos...

According to Bostic, the Fed may only implement one interest rate cut this year.

Atlanta Fed President Raphael Bostic stated that he believes there will only be one interest rate cut this year instead of two, as increases in tariffs hinder pro...

Joint venture between Alfa Solar and Zorlu Holding: Zorlu Alfa Solar Cell Production established.

Alfa Solar Energy (ALFAS) has taken a significant step in Turkey's renewable energy sector by establishing a joint venture with Zorlu Holding. The companies annou...