The Savings Deposit Insurance Fund Increases Insured Deposit and Participation Fund Limits

The Savings Deposit Insurance Fund (SDIF) has increased the amount of insured deposits and participation funds based on the revaluation rate. The decision regardi...

Fitch Upgrades Credit Rating of South Cyprus

Forex - The international credit rating agency Fitch has upgraded Cyprus's credit rating for the second time this year. According to the announcement from Fitch, ...

Which Investment Asset Earned the Most This Week?

This week, the investment markets experienced notable fluctuations. The BIST 100 index recorded the highest increase, while gold saw the largest decline. Here are...

Ministry: No Israeli Company is Involved in the Production, Programming, or Import of Chips Used in UTTS

The Ministry of Treasury and Finance has stated that no Israeli company is involved in the production, programming, or import of chips used in the National Vehicl...

Fitch Revisions Outlook for Turkish Banking Sector to "Neutral"

Fitch Ratings, the international credit rating agency, has revised its outlook for the Turkish banking sector from "improving" in mid-2024 to "stable" for 2025. ...

China's Foreign Exchange Reserves Unexpectedly Surge in November

Despite the weakening of the yuan against the US dollar amid the upcoming second Trump administration's threats of tariffs, China's foreign exchange reserves unex...

Deadline Extended for Registration in the National Vehicle Identification System to January 31, 2025

The registration deadline for the National Vehicle Identification System (UTTS) has been extended to January 31, 2025. The amendment to the "Implementation Genera...

Contemporary Glass IPO to Be Held on December 11-12 via "Sale on the Stock Exchange" Method

Çağdaş Cam, which has the first design center in the glass sector in Turkey and ranks among the largest glass processing companies in Europe, is going public. The...

Lightning: Improved Risk Premium Eases Access to External Financing While Lowering Costs

Forex - The Minister of Treasury and Finance, Mehmet Şimşek, stated that access to external financing has become easier due to the improving risk premium, while t...

Scope Upgrades Turkey's Credit Rating

Foreks - Germany-based credit rating agency Scope Ratings has upgraded Turkey's credit rating.

According to a statement from Scope Ratings, Turkey's foreign cur...

The Number of Drilling Rigs in the U.S. Increases

Foreks - The number of active oil and natural gas drilling rigs in the U.S. has increased. According to a report shared via email by Baker Hughes in collaboration...

Over $1 Billion Exported Across 30 Provinces from January to November, with 59 Provinces Seeing Export Growth

In the January-November period of 2024, more than 1 billion dollars in exports were made in 30 provinces, with 59 provinces experiencing an increase in exports. A...

Today's Official Gazette - December 7th

FOREIGN TRADE - INTERNATIONAL AGREEMENTS
–– Decision on the Approval of the Administrative Agreement Concerning the Implementation of the Social Security Agreem...

Goldman Sachs Considers Sale of ETF Acceleration Platform

Goldman Sachs Group Inc. is actively exploring strategic options, including a potential sale of the ETF Accelerator platform, according to Bloomberg and Reuters r...

Fed's Goolsbee: Rates Need to Drop "Significantly"

Chicago Federal Reserve President Austan Goolsbee expressed optimism that the Federal Reserve could approach a neutral effect on the economy with its monetary pol...

BoC Expected to Cut Rates by 50 Basis Points in December, Followed by Four Consecutive 25 Basis Point Reductions: Macquarie

Macquarie economists expect the Bank of Canada (BoC) to cut interest rates by 50 basis points (bp) in December, followed by four additional 25 bp reductions. This...

Meta Stocks Surge to Record High Following TikTok Divestment Decision

Shares of Meta Platforms (NASDAQ:META), Facebook's parent company, reached an unprecedented peak on Friday following a significant legal victory that could impact...

Mixed November Employment Report Suggests Fed Could Lower Interest Rates to 4.0%-4.25%: Macquarie

According to Macquarie, the latest employment report for November presented a complex economic picture. The report showed an increase of 227,000 in payroll number...

Nano-X Imaging (NNOX) Soars 30% Following FDA Approval

On Friday, the stock price of Nano-X Imaging saw a significant increase, rising by as much as 30% in New York, reaching its highest level since August. This rise ...

Rigetti Computing Shares Surge to Highest Level Since August 2022 Amid Quantum Sector Rally

Rigetti Computing's shares experienced a significant surge, rising by up to 30% and reaching their highest level since August of last year. The rally in Rigetti's...

Oshkosh Stocks Plummet Amid Potential USPS Contract Cancellation

Oshkosh Corp shares fell 5% on news that Donald Trump's incoming administration may cancel the U.S. Postal Service's (USPS) electric mail truck contract. Ford's s...