Moody's Downgrades France's Credit Rating to Aa3

Moody's Investors Service has downgraded France's credit rating from a previous Aa2 negative outlook to Aa3 stable outlook. This unexpected downgrade follows the ...

CTAs Go Long on U.S. Stocks, Neutral in Europe and Japan: BofA

Bank of America analysts indicated that Commodity Trading Advisors (CTAs) continue to maintain their long positions in U.S. equity indices despite recent declines...

Bitcoin Soars to All-Time High Ahead of Anticipated Interest Rate Cuts

In a significant development, Bitcoin surged to a new record level on Sunday. Investors are focused on the expected interest rate cut from the Federal Reserve thi...

Vonovia Makes Buyout Offer to Deutsche Wohnen's Minority Shareholders

Germany's leading real estate company Vonovia has made an offer to take full control of its majority-owned subsidiary Deutsche Wohnen. The offer invites Deutsche ...

Allianz Withdraws $1.63 Billion Equity Offering in Income Insurance

German financial services giant Allianz has withdrawn its offer to acquire a 51% stake in the Singapore-based insurance company Income Insurance. This decision wa...

Alibaba Set to Sell Intime to Youngor Fashion for $1 Billion

Alibaba Group Holding Ltd. is set to finalize an agreement to sell its retail chain Intime to Youngor Fashion Co. for approximately $1 billion. According to sourc...

P&G Agrees to Enhance Transparency in Supplier Audits

Procter & Gamble (NYSE:PG) has pledged to provide greater transparency regarding its wood pulp supplier audits. This move is a response to ongoing shareholder dem...

Marubeni Expects Japanese Aluminum Premiums to Exceed $200 Per Ton by 2025

Forex - Japanese trading company Marubeni has announced that premiums paid by Japanese buyers for aluminum are likely to exceed $200 per ton in 2025 due to a tigh...

Gold Starts the Week Quietly as Eyes Turn to the Fed Meeting

Gold prices are showing a slight increase ahead of the Fed's monetary policy decision scheduled for this week. ANZ Research analysts indicate that while a rate cu...

Sumer Asset Management IPO Results Revealed: How Many Investors Participated?

The public offering of Sümer Asset Management Inc. shares was conducted on December 12-13, 2024, on the Borsa Istanbul Primary Market using the "Sale on the Excha...

Forex News: BIST100 Closing Prediction Survey Results Announced

In a survey conducted by analysts at Foreks, the median forecast for the closing difference of the BIST100 index was 22.37 points, while the average forecast was ...

The Exit Fee Payment by Stamp Will No Longer Be Valid After January 1, 2025

Forex - The payment of the exit fee for traveling abroad with stamps will cease as of January 1, 2025. According to the statement made by the Revenue Administrati...

Minister Uraloğlu: We Are Introducing 3 New Factories to Turkey

The Minister of Transport and Infrastructure, Abdulkadir Uraloğlu, announced plans to establish three new factories under Turkey's Rail System Vehicles Inc. (TÜRA...

Steady Growth Continues in Crypto Asset Investment Products

Last week, a total of $3.2 billion flowed into crypto asset investment products.

According to CoinShares data, this increase indicates that inflows have continue...

Toyota Automotive Industry Turkey Produces 3.7 Million Cars in 30 Years

Foreks - Founded in 1990, with the foundation laid in 1992 and the first production starting in 1994 with the Corolla model in Sakarya, Toyota Automotive Industry...

Foreign Trade Company on BIST Signs Major Partnership to Support Operations with Artificial Intelligence

DCT Trading Foreign Trade Inc. (DCTTR) continues its strategic investments in technology and innovation by acquiring a 2% stake in TRK Technology, which operates ...

Treasury Executes Total ROT Sales of 12 Billion TL Ahead of Auctions

The Treasury made a total of 12 billion TL in non-competitive bids (ROT) sales to public institutions and market makers ahead of two auctions it will hold today. ...

Banks to Continue Adjusting Credit Card Limits Based on 4 Times Income - CNBC-e

According to sources from the Banking Regulation and Supervision Agency (BRSA), there is no new regulation regarding credit card limits, and the practice of adjus...

Market Outlook: Lagarde's Statements Limited Euro Strength

Forex - The Euro rose against the dollar following a better-than-expected Eurozone purchasing managers' index survey. However, gains remained modest due to Europe...

MARKET OUTLOOK - China's Economy Expected to Maintain Positive Momentum in Q1 2025

According to Jacqueline Rong, the chief economist for China at BNP Paribas (EPA:BNPP), the Chinese economy is expected to maintain its positive momentum in the fi...

Headline: Budget Reports a Deficit of 16.6 Billion TL in November

According to data released by the Ministry of Treasury and Finance, the central government budget posted a deficit of 16.6 billion TL in November 2024. Budget exp...