TANKER REPORT - Transit Passages in the Dardanelles Strait to Resume at 1:00 PM

Due to reduced visibility caused by fog, the Dardanelles Strait, which was closed to transit traffic, will reopen at noon. According to information received, fog ...

IfW Kiel Predicts Economic Slowdown for Germany in 2025

Foreks - The IfW Kiel Institute for the World Economy stated that the German economy is expected to stagnate next year after contracting for two consecutive years...

Electronics Industry Comes Together at TESİD Summit

Forex - The TESİD Summit, organized by the Turkish Electronics Industrialists Association (TESİD) on December 11, aimed to bring together leading figures in the e...

ATO/Baran: Access to Financing is a Challenge for the Business World, KGF Should Be Activated

Forex - The President of the Ankara Chamber of Commerce (ATO), Gürsel Baran, along with ATO Council President Mustafa Deryal, ATO Board and Council Members, hoste...

China Prepares to Launch Nationwide Private Pension System

China, the world's second-largest economy, is facing a rapidly aging population and a dwindling public pension fund, prompting preparations for the rollout of a n...

IDMIB/Karaca: Leather Export Decline Slows, Sector on the Rise

Foreks - The 13th Leather and Fur Fashion Fair, organized by the Turkish Leather Garment Manufacturers Association (TDKD), has opened its doors in Antalya. Despit...

Fidan: We've Reached a Significant Milestone in Resolving Disputes Between Somalia and Ethiopia

Foreign Minister Hakan Fidan noted that an important milestone has been reached in resolving the long-standing disputes between Somalia and Ethiopia.

In a state...

Garanti BBVA Offers Convenient Financial Data Sharing Opportunity for Businesses and Individuals

Forex - Garanti BBVA’s corporate and individual business customers can now transmit their financial data to the bank through digital channels with a single click,...

Swiss National Bank Cuts Policy Rate by 50 Basis Points, Surpassing Expectations

Forex - The Swiss National Bank (SNB) made a move that exceeded market expectations by reducing the policy rate by 50 basis points. According to the SNB's announc...

India Considers Implementing Safeguard Duty on Steel

India's Steel Minister H.D. Kumaraswamy announced that India is considering implementing a safeguard duty or temporary tax to curb cheap imports from China.

Dur...

Bolat: Strong Improvement in Current Account Balance Continues to Present a Positive Outlook for the Economy’s Future

Forex - Trade Minister Ömer Bolat stated that the strong improvement in the current account balance continues to paint a positive picture for the future of the ec...

Uzbekistan Central Bank Holds Steady on Interest Rates

Forex - The Central Bank of Uzbekistan (CBU) did not change its policy interest rate. According to the statement from the CBU, the benchmark interest rate remaine...

Bolat: We Place Great Importance on Diversifying Collaboration Areas to Reach the $30 Billion Bilateral Trade Volume with Iran

The Minister of Trade, Ömer Bolat, emphasized the importance of diversifying cooperation areas to achieve the bilateral trade volume target of 30 billion dollars ...

Adesa, DESA's 100% Subsidiary, Receives Platinum Award from İDMİB

Foreks - Adesa, a 100% subsidiary of DESA, was honored with the Platinum Award by İDMİB (Istanbul Leather and Leather Products Exporters' Association) in 2023 for...

German Government Resumes Large-Scale Export Licenses to Turkey

The German government, which had significantly reduced arms export approvals to Turkey since 2016, has resumed granting large-scale export licenses. According to ...

Title: Reasons for Layoffs at Tofaş Revealed in the Company's Termination Letter-CNBC-e

The reasons for the layoffs at Tofaş (IS:TOASO) were revealed in a termination letter sent by the company. According to reports, Tofaş, a significant player in th...

Akbank Elevates MSCI Sustainability Rating to AA, Achieving Leadership Status

Foreks - Akbank's success was determined by human- and culture-focused projects, a management approach based on transparency, and its pioneering role in sustainab...

Turk Telekom Kicks Off Its Digital Transformation Journey with 'Big Data Bootcamp'

Forex - Türk Telekom (IS:TTKOM), leading Turkey's digital transformation, invites young people who aim for a career in data science and data engineering technolog...

China's Commerce Ministry: We Are Open to Engaging with Trump's Economic and Trade Team

Forex - The Chinese Ministry of Commerce expressed that it is open to contact with the economic and trade team of the Trump administration. This development comes...

MARKET OUTLOOK - Markets are pricing in future ECB interest rate cuts very aggressively.

In a note, strategists at RBC Capital Markets stated that money markets are pricing in the European Central Bank's future rate cuts very aggressively. The strateg...

Market Outlook: ECB Rate Cut Expected to Support German Government Bonds

Forex - Commerzbank Research strategists stated that German Bunds (government bonds) are expected to be supported by the European Central Bank's anticipation of a...