Fitch: Suspension of Inflation Accounting for Non-Banking Financial Institutions is "Neutral"

Fitch Ratings has reported that the Banking Regulation and Supervision Agency's (BRSA) decision to suspend the implementation of inflation accounting for non-bank...

Nomura: Economic and Inflation Alignment with BOJ Forecasts Paves the Way for Rate Hikes

According to Nomura analysts, Japan's economy and inflation being in line with the Bank of Japan's forecasts open the door for an interest rate hike next week. Ky...

ECB Prepares to Cut Interest Rates Again and Signal a More Dovish Stance

Forex - The European Central Bank (ECB) is preparing for another interest rate cut, which could signal future cuts more strongly during a time when the political ...

HSBC and IFC Launch $1 Billion Trade Finance Program for Emerging Markets

Forex - The International Finance Corporation (IFC), which is associated with HSBC and the World Bank, will provide joint financing for trade transactions of up t...

Bulgaria Strikes Deal with Shell to Explore Oil and Gas in the Black Sea

The Bulgarian Ministry of Energy has signed an agreement with Shell Exploration and Production BV to conduct oil and natural gas exploration activities in the cou...

Most Japanese Companies Anticipate Trump's Presidency Will Harm the Business Environment

According to a survey conducted among economists, the initial tariffs may come into effect as early as the beginning of next year; the median forecast is 38%, wit...

IIF: As Trump's Tariff Threats Loom, Foreign Investment in Emerging Markets Will Decline

Forex - The Institute of International Finance (IIF) has stated that global growth will slow down in 2025 and that offshore investors will reduce their cash alloc...

Strong Labor Force Data in Australia Supports Rate Cut Expectations for February

Forex - Australia's labor market continues to challenge a weak economy; the unemployment rate sharply fell in November as strong employment growth persisted. Acco...

Yellen: US Will Respond Strongly to Any Currency Manipulation

Forex - U.S. Treasury Secretary Janet Yellen stated in a statement on Wednesday that the U.S. would "strongly respond" when countries attempt to manipulate their ...

Strong Labor Data in Australia Strengthens Interest Rate Cut Expectations for February

Forex - Australia's labor market continues to challenge a weak economy; unemployment sharply fell in November as strong employment growth persisted. According to ...

ECB Raises Core Capital Requirement for UniCredit for 2025

Forex - Italy's second-largest bank, UniCredit, announced that the European Central Bank (ECB) has increased the core capital requirement for 2025. The ECB raised...

"Cementas Receives Positive Environmental Impact Assessment for Limestone Quarry Project"

Foreks - Çimentaş has received a "Positive EIA" decision regarding its limestone quarry project.

In a statement released on the website of the General Directora...

TANKER REPORT - Bosphorus Strait Closed to Transit Due to Fog

Forex - The Bosphorus has been closed to transit passages due to reduced visibility caused by fog. According to information received, fog started to develop aroun...

TANKER REPORT - The Dardanelles Strait Closed to Transit Due to Fog

Due to reduced visibility caused by fog, the Dardanelles Strait has been closed to transit passages. According to information received, fog appeared around the Da...

U.S. Budget Deficit Jumps 64% in First Two Months

According to Treasury Department data, the U.S. budget deficit increased in November and showed a much faster pace compared to a year earlier for the fiscal year ...

Analysts Raise Netflix Stock Price Targets

Analysts are revising their price targets upward for Netflix stock ahead of the release of Squid Game 2. JP Morgan has raised its price target for Netflix from $8...

HSBC and IFC Launch $1 Billion Trade Finance Program for Emerging Markets

Forex - The International Finance Corporation (IFC), affiliated with HSBC and the World Bank, will jointly finance commercial transactions of up to $1 billion to ...

Nasdaq Composite Index Surpasses 20,000 Points for the First Time

Forex - Alphabet (NASDAQ: GOOGL) and Tesla climbed to new highs on Wednesday, joining Amazon (NASDAQ: AMZN) and Meta, and pushed the Nasdaq above 20,000 points fo...

SpaceX's Valuation Soars to $350 Billion

Foreks - CNBC has confirmed that Elon Musk's SpaceX has reached a valuation of $350 billion based on a secondary stock sale. According to offer copies obtained by...

Google Unveils Gemini 2: The Next Generation of Its Flagship AI Model

Forex - Google (NASDAQ:GOOGL) announced yesterday the launch of Gemini 2, a new version of its flagship AI model trained to schedule and execute tasks on users' c...

Tesla Shares Soar 6%, Closing at Record High

On Wall Street, Tesla shares closed at a record level, surpassing the peak reached in 2021, following Donald Trump's election victory on November 5. Tesla shares ...