Shrinkage in Commercial Activity in Germany Persists for Six Consecutive Months

Forex - Germany's economic contraction slightly improved in December, but commercial activities continued to shrink for the sixth month in a row. The HCOB Germany...

Lagarde: More Interest Rate Cuts on the Horizon

Forex - ECB President Christine Lagarde stated that the European Central Bank will continue to lower its key interest rate due to the overshadowing impact of the ...

Erkport Signs Strategic Partnership Agreement with Yantai Port Group

Foreks - Erkport, which has been active in the maritime transport and port services sector in İzmir since 2013, signed a strategic cooperation agreement with Yant...

Forte GM Flagship: The Defense Industry Faces High Costs Over the Long Lifespan of Complex Systems

In today's rapidly advancing technological landscape, where countries are significantly enhancing their defense industries, collaborations have become increasingl...

Gedik Investment Hosts Istanbul Investor Seminar to Discuss 2025 Investment Strategies

Foreks - Gedik Yatırım (IS: GEDIK) held its year-end Investor Seminar, where expectations for 2025 and investment strategies were discussed in depth, with expert ...

Market Outlook: Dollar Decline Following Fed Decision Will Be Limited

Forex - The dollar saw a decline after significantly rising last week, ahead of the Fed's interest rate cut decision to be announced on Wednesday. However, ING ex...

Central Government Budget Balance Recorded a Deficit of 16.65 Billion TL in November

In November, the central government's budget balance recorded a deficit of 16.65 billion TL. According to the statement from the Ministry of Treasury and Finance,...

Lagarde Expects ECB to Further Cut Interest Rates

Forex - ECB President Christine Lagarde stated that the risks regarding the inflation outlook are now "two-sided," which may lead the European Central Bank to fur...

DCT Trading Acquires 2% Stake in TRK Technology, Making a Move into the Deep Tech Sector

Foreks - DCT Trading has announced that it has become a partner in TRK Technology, a company operating in the deep tech sector, by acquiring a 2% stake, adding an...

Headline: Budget Reports a Deficit of 16.6 Billion TL in November

According to data released by the Ministry of Treasury and Finance, the central government budget posted a deficit of 16.6 billion TL in November 2024. Budget exp...

Treasury Executes Total ROT Sales of 12 Billion TL Ahead of Auctions

The Treasury made a total of 12 billion TL in non-competitive bids (ROT) sales to public institutions and market makers ahead of two auctions it will hold today. ...

Banks to Continue Adjusting Credit Card Limits Based on 4 Times Income - CNBC-e

According to sources from the Banking Regulation and Supervision Agency (BRSA), there is no new regulation regarding credit card limits, and the practice of adjus...

Market Outlook: Lagarde's Statements Limited Euro Strength

Forex - The Euro rose against the dollar following a better-than-expected Eurozone purchasing managers' index survey. However, gains remained modest due to Europe...

MARKET OUTLOOK - China's Economy Expected to Maintain Positive Momentum in Q1 2025

According to Jacqueline Rong, the chief economist for China at BNP Paribas (EPA:BNPP), the Chinese economy is expected to maintain its positive momentum in the fi...

Butterfly Furniture Wins "Furniture Brand of the Year" at the Bride and Groom Magazine Awards Ceremony

Foreks - Turkey's leading furniture brand Kelebek Mobilya (IS:DGNMO) was awarded the "Furniture Brand of the Year" at the Gelin Damat Magazine Awards Ceremony hel...

MicroStrategy Shares Surge 7% Ahead of Nasdaq 100 Inclusion

Foreks - MicroStrategy shares rose by approximately 7.4% in Frankfurt as it prepares to join the technology-heavy Nasdaq 100 index. Currently, they are up by 6.84...

Pegasus Launches Direct Flights to Nice Starting Today

Forex - Turkey's second largest airport, Istanbul Sabiha Gökçen (ISG), has established its newest European connection with the charming city of Nice in southern F...

Chinese Commercial Banks Made a Net $3.5 Billion in Foreign Currency Purchases in November

The State Administration of Foreign Exchange of China reported that in November, China’s commercial banks purchased a net amount of $3.5 billion in foreign curren...

Ministry of Foreign Affairs Strongly Condemns Israel's Decision to Expand Illegal Settlements in the Golan Heights

The Ministry of Foreign Affairs vehemently condemned Israel's decision to expand illegal settlements in the Golan Heights, which has been under occupation since 1...

Eurozone's Decline in Business Activity Eases in December

Forex - The decline in commercial activities in the Eurozone has eased slightly this month due to the service sector's return to growth and its compensation for t...

Field Confirms Corporate Governance Rating of 9.40 for Türk Telekom

Foreks - Saha Corporate Governance and Credit Rating Services Inc. has confirmed the Corporate Governance Rating of Türk Telekomünikasyon A.Ş. as 9.40.

Saha Cor...