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...

Trump Invites Chinese President Xi Jinping to Inauguration Ceremony

According to various sources, U.S. President-elect Donald Trump has invited Chinese President Xi Jinping to the inauguration ceremony scheduled for next month. Ho...

Baumit Turkey to Accelerate Investments

Foreks - Baumit Turkey, a leading player in the thermal insulation sector, made significant contributions to both the economy and the environment throughout 2024 ...

MAYA Now Available to All Users on the Migros Virtual Market App

Foreks - Online grocery retail leader Migros (IS:MGROS) takes shopping to the next level with its AI-powered platform, MAYA, which hyper-personalizes the shopping...

MARKET OVERVIEW - The Stock Exchange Kicked Off with Buyers

Forex - The BIST 100 index started the day with an increase of 50.76 points at 10109.23.
According to the Forex News survey, the BIST 100 index was expected to ...

Current Account Surplus of $1.88 Billion in October

In October, the current account recorded a surplus of 1.880 billion US dollars. According to the Foreks news survey, a surplus of 1.3 billion US dollars was expec...

TURKSTAT: Istanbul Takes the Largest Share of Gross Domestic Product in 2023 at 30.4%

According to calculations of Gross Domestic Product (GDP) at current prices at the provincial level, in 2023, Istanbul reached the highest GDP of 8 trillion 60 bi...

STOCK EVALUATION - Investment Finance removes Aydem and Migros from its model portfolio, adds Anadolu Group Holding

Forex -

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,...