Turkey's Central Bank Cuts Interest Rates After Nearly Two Years

Investing.com -- After signs of easing in consumer inflation, the Central Bank of Turkey has implemented its first interest rate cut in nearly two years. The bank...

How Are Domestic Markets Responding to the Central Bank's Interest Rate Decision?

The Central Bank of the Republic of Turkey (CBRT) lowered the policy interest rate by 250 basis points to 47.50% in its Monetary Policy Committee (MPC) meeting. T...

Central Bank Reveals Interest Rate Decision

The Central Bank of the Republic of Turkey (CBRT) has announced its interest rate decision. The one-week repo rate has been reduced by 250 basis points to 47.50%....

What Are the Expectations for XRP in 2025?

Bitstamp, the oldest cryptocurrency exchange in the crypto market, predicts that 2025 will be a turning point for XRP. In a statement made on Friday, the exchange...

Brookline Capital Sets $40 Price Target and Buy Rating for Exelixis Stock

On Thursday, Brookline Capital Markets initiated coverage on biotechnology company Exelixis, Inc. (NASDAQ:EXEL) with a Buy recommendation and a target price of $4...

Xiaomi Joins the EV Charging Network Race Alongside NIO, XPeng, and Li Auto in China

Investing.com -- Chinese consumer electronics company Xiaomi has announced its partnership with the electric vehicle (EV) charging networks of competitors NIO, XP...

Announcement from TURKSTAT on the Inflation Basket

The Turkish Statistical Institute (TÜİK) issued a press statement following the remarks made by the leader of the Republican People's Party (CHP), Özgür Özel, reg...

Turkey's Foreign Debt Payments This Year Reach $35.5 Billion

Forex - Turkey's foreign debt payments this year amounted to $35 billion 506.42 million. According to the data released by the Central Bank, total foreign debt pa...

Aveon Insurance's Authority to Enter New Insurance Contracts and Renewals Halted Across All Branches

Foreks - Aveon Global Insurance's authority to enter into new insurance contracts and renewals across all branches has been suspended. The decision to suspend Ave...

Domestic Residents' Foreign Currency Deposits Decrease by $1.64 Billion

Forex - The foreign currency deposits of domestic residents decreased by $1.638.1 billion in one week.
According to data announced by the Central Bank of the Re...

Market Overview - No Cotton Transactions Took Place at IHB

Foreks - No cotton transactions took place at the İzmir Commodity Exchange. According to information gathered from the İzmir Commodity Exchange bulletin, the maxi...

Foreign Residents Offload Stocks

Foreign investors executed a net sale of $169.2 million in equities, adjusted for market price and exchange rate movements, during the week of December 20. Accord...

Central Bank Reserves Decrease by $7.3 Billion in Just One Week

Forex - The reserves of the Central Bank of the Republic of Turkey (TCMB) decreased by $7.288 billion in the past week. According to TCMB's weekly data, total res...

Anadolu Insurance Wins Medal at Payment Systems Magazine Awards

Anadolu Sigorta has been awarded the Gold Prize in the "Most Innovative Product" category at the Payment Systems Magazine (PSM) Awards, which recognizes innovativ...

UPDATE-TANKER REPORT - Bosphorus Straits Closed to Transit Passages Due to Tanker Malfunction

Due to a malfunction of the tanker named Cordelia Moon while en route from Yalova to Russia, the ship traffic in the Istanbul Strait has been temporarily suspende...

Japan Takes a Firm Stance on Bitcoin Reserves

Japan is exploring the potential of cryptocurrencies due to their increasing popularity, prices, and trading volumes, similar to many major investors. However, th...

India Projects 6.5% Growth in FY 2024/25 Amid Global Uncertainties

Investing.com -- The Indian government announced on Thursday that the country's economic growth is projected to be approximately 6.5% for the fiscal year 2024/25....

BDDK Data: Banking Sector Sees Growth in Loans and Deposits, While KKM Declines Continue

The Banking Regulation and Supervision Agency (BDDK) has announced significant data regarding the banking sector as of December 20, 2024. The commercial and other...

ASELSAN Signs Export Contract Worth €50.8 Million.

ASELSAN has signed an export contract worth 50.8 million euros. According to the announcement made on the Public Disclosure Platform, ASELSAN signed an export agr...

Trading Volume of 45.91 Billion TL Achieved in the Central Counterparty Market

In the Forex - Takasbank Money Market, a transaction volume of 45,914,635,000 TL was recorded today. In dollar terms, this figure amounted to 1,303,792,998.

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RK: The Acquisition of Efeler Farm Controlled by Söktaş Tekstil by Altınmarka Gıda Does Not Require Approval

The Competition Authority has decided that the acquisition of sole control of Efeler Farm, controlled by Söktaş Textile, by Altınmarka Food is not subject to perm...