Rio Tinto to Invest $2.5 Billion to Boost Capacity of Argentina Lithium Project

Forex - Rio Tinto has announced plans to invest $2.5 billion to increase production capacity at the Rincon lithium project in Argentina. According to Rio Tinto, a...

The Cost of Living in Istanbul Reaches 75,717 TL Monthly

Forex - The cost of living in Istanbul reached 75,717 TL in November. The cost of living in Istanbul increased by 59.43% compared to the same month last year. The...

Transaction Volume Reaches 41.06 Billion TL in Central Counterparty Money Market

In the Forex-Settlement Bank Money Market, a transaction volume of 41,057,456,000 TL was realized today. In dollar terms, the figure was 1,179,717,034.

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Keros Therapeutics Halts Dosing in Trial Due to Adverse Events

Biopharmaceutical company Keros Therapeutics, Inc. (NASDAQ:KROS), currently in the clinical stage, experienced a significant decline in its stock value following ...

Rosneft Signs Record Crude Oil Supply Deal with India's Reliance

Russia's state oil company Rosneft has signed a significant agreement to supply approximately 500,000 barrels of crude oil daily to India's private refinery Relia...

Lightning: We Expect the Current Account Deficit to Remain Below 1% of GDP in 2024

Forex - The Minister of Treasury and Finance, Mehmet Şimşek, stated that they expect the current account deficit as a percentage of national income to remain belo...

WGC: Gold Prices Likely to Rise at a More Moderate Pace in 2025

According to the World Gold Council (WGC), if market conditions remain stable, gold prices are expected to rise at a more measured pace in 2025. The WGC stated th...

Istanbul Stock Exchange to Initiate Calculation of BIST Spot Silver, BIST Spot Platinum, and BIST Spot Palladium Indices

Forex - Borsa Istanbul has decided to start calculating the BIST Spot Silver, BIST Spot Platinum, and BIST Spot Palladium indices using the trading quotations for...

CFPB's Latest Decision Will Slash Overdraft Fees, Saving Billions

The Consumer Financial Protection Bureau (CFPB) today announced a significant policy change aimed at closing an outdated overdraft loophole. This change could all...

Russian Deputy Foreign Minister: Relations with Turkey Progressing as Usual Despite Syrian Crisis

Forex - Russian Deputy Foreign Minister Alexander Grushko stated that the bilateral relations between Russia and Turkey are progressing as usual, despite the Syri...

China's Leadership to Boost Financial Spending to Support a Shaky Economy

Forex - The Beijing administration's provision of more details regarding its economic planning for the upcoming year indicates that the Chinese leadership is fina...

RENEWAL - Domestic Residents' Foreign Currency Deposits Decrease by 3 Billion Dollars

Forex - Domestic residents' foreign currency deposits decreased by $3 billion to $22.80 million in one week. The foreign currency deposits of legal entities have ...

European Central Bank Unveils Interest Rate Decision

The European Central Bank (ECB) Governing Council has reduced the three key interest rates by 25 basis points, as expected. Accordingly, from December 18, 2024, t...

Equal-Weighted S&P 500: Entering Oversold Territory, Says Fairlead Strategies

Fairlead Strategies highlighted the strength observed in the S&P 500 index, driven by large technology stocks. However, the technical research firm noted a partia...

Warner Bros Discovery Shares Surge Amidst Restructuring

Warner Bros Discovery Inc. (NASDAQ:WBD) shares rose by 4% following the announcement of a major change in the company's corporate structure. The media giant revea...

Swiss National Bank Surprises with a 50 Basis Points Rate Cut

In a decisive move, the Swiss National Bank (SNB) reduced its key interest rate by 50 basis points, a move that was widely unexpected. The interest rate cut annou...

Istanbul Airport Tops Europe with 1,339 Daily Flights

According to the air traffic data for November 2024 from the European Air Navigation Safety Organization (EUROCONTROL), Istanbul Airport has become the busiest ai...

Inflation Decreased in India This November

In India, the core inflation rate declined to 5.48% in November. This rate fell below the 14-month high of 6.21% recorded in October and was also below economists...

Çimsa's Limestone Quarry Project Receives 'No Environmental Impact Assessment Required' Decision

Foreks - A decision has been made regarding the limestone quarry project planned by Çimsa, stating that an 'Environmental Impact Assessment is Not Required.'

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U.S. Producer Prices Surpass Expectations

Forex - In the U.S., producer prices in November came in above expectations.
The U.S. Department of Labor's Bureau of Labor Statistics reported that the Produce...

The Amount of Checks with Non-Cash Transactions Increased from January to November

Forex - The amount of checks presented to banks has increased.
In the January-November period of 2024, the total amount of 15.3 million checks issued by 56,500 ...