Morgan Stanley Expects the Central Bank of Turkey to Kick Off Rate Cuts with a 200 Basis Points Reduction

Morgan Stanley (NYSE:MS) stated that, "Considering the latest communication from the Central Bank of Turkey (CBRT), we expect interest rate cuts to begin with a r...

Ticimax/Çiğdemli: Withholding Tax Implementation on E-Commerce Will Constrict the Industry

In the new system, a withholding tax will be applied to all sales made by sole proprietorships, joint-stock companies, and limited companies through e-commerce pl...

MASFED Re-elects Aydın Erkoç as President, Renewing Trust

Foreks - Aydın Erkoç has been unanimously re-elected as the Chairman of the Board of the Motor Vehicle Dealers Federation (MASFED), the umbrella organization of m...

Santander to Sell 30.5% Stake in Caceis Back to Credit Agricole

Foreks - Santander (BME:SAN) is preparing to return the asset servicing bank under the full control of the French credit institution by selling its 30.5% stake in...

Uraloğlu: Eurasia Tunnel Serves 151 Million Vehicles in 8 Years

Forex - Minister of Transport and Infrastructure Abdulkadir Uraloğlu stated that the Eurasia Tunnel has served 151 million vehicles in 8 years, adding, "It has co...

Number of Foreign Visitors to Turkey Increased by 8.25% in November

In November, the number of foreign visitors to Turkey increased by 8.25% compared to the same month last year. According to provisional data released by the Minis...

Aegean Mining Exporters Union/Alimoğlu: 2024 Was a Tough Year, 2025 Will Be Even Tougher

Forex - Ege Mining Exporters Association President Ibrahim Alimoğlu stated that the mining sector could not enter 2025 with much hope due to issues in accessing f...

India's Steel Imports from China Reach Record Levels

According to India's leading data, its final steel imports from China reached an all-time high during the first eight months of the fiscal year ending in March 20...

Private Equity Funds in Europe Are Focusing on Exit Strategies

Bankers and investors say that, despite private equity funds in Europe facing cash shortages, they are rethinking purchasing potentially hard-to-sell businesses a...

CW Energy Signs $4.3 Million Contract for Ground-Mounted Solar Power Plant Installation

Foreks - CW Enerji has signed a contract worth 4,304,141.00 USD (excluding VAT) for the establishment of a land-based solar power plant with a domestic customer. ...

CW Energy Signs $9.05 Million Contract for Ground-Mounted Solar Power Plant Installation

Foreks - CW Enerji signed a contract worth 9,051,884.00 USD (excluding VAT) for the establishment of a land-based solar power plant with a customer. In a statemen...

Aegean Mining Exporters Association Holds "Mining Sector Meeting" in Denizli

The Turkish mining sector, which has provided a value addition of $60 billion to the Turkish economy by harnessing the underground riches of Turkey with the motto...

CEFIS Shares Insights on the Turkish Economy in "2024 Outlook and Expectations for 2025" Panel

The "2024 Outlook on the Turkish Economy and Expectations for 2025" panel, organized by the Department of Economics, the Financial Economics Master's Program, and...

BIST 100 Kicks Off the Day with Gains: Which Stocks Stood Out at Opening?

The BIST 100 index started the day with an increase of 0.26% at 9,790.96 points. In yesterday's transactions, the index closed the day down by 1.52% at 9,765.12 p...

The Powell Effect on Bitcoin Continues: Weekly Loss Exceeds 6%

Bitcoin continues to lose value following the statements made by Fed Chairman Jerome Powell and the Fed's monetary policy decisions. Powell dismissed speculation ...

Diesel Prices Set to Rise

Foreks - A price increase for diesel is coming. According to information received, a price increase of 0.58 TL is expected for the diesel group. No price change...

VakıfBank Takes an Innovative Step in Customer-Branch Communication

VakıfBank (IS: VAKBN) has expanded the boundaries of digital banking by adding another innovative solution that simplifies the lives of its customers. In line wit...

The Number of Established Companies Decreased by 3.0% in November, While the Number of Closed Companies Increased by 8.9%

In November, the number of newly established companies decreased by 3.0% year-over-year, while the number of closed companies increased by 8.9%.

According to a ...

In November, 188,966 Vehicles Registered for Traffic

In November, 44.9% of the vehicles registered were cars, 38.9% were motorcycles, 10.3% were light trucks, 3.1% were tractors, 1.5% were trucks, 0.8% were minibuse...

Consumer Confidence Index Rises to Highest Level in 1.5 Years

Forex - The consumer confidence index has reached its highest level in the last 1.5 years.
Calculated from the results of the consumer trend survey conducted in...

Market Participants Raise Year-End Inflation Expectations to 45.28%

In the Central Bank of the Republic of Turkey (CBRT) survey, market participants' year-end consumer price index (CPI) expectation rose from 44.81% to 48.28%. The ...