Turkey’s Banking Association: Number of Active Digital Banking Customers Reaches 117 Million

As of September 2024, the total number of active digital banking customers (both individual and corporate) has reached 117 million 302 thousand. According to the ...

Public Consultation Launched for Enerjisa's 19 May Wind Power Project with Storage

The Environmental Impact Assessment (EIA) report regarding the 19 Mayıs Energy Storage Wind Farm project planned by Enerjisa has been opened for public review. Ac...

Treasury Issues Fixed Rental Income Certificates Worth 12.08 Billion TL with ISIN Code TRD111126T10

Foreks - The Treasury has issued a lease certificate with a fixed rental income worth 12.08 billion TL and an ISIN code of TRD111126T10.

The announcement stated...

Akfen Electricity's Amasya Wind Farm Project Environmental Impact Assessment Application Opened for Public Review

The Environmental Impact Assessment (EIA) Application File for the Amasya Wind Farm project planned by Akfen Electricity has been opened for public review. An ann...

Summary Insights on the Markets

Forex -

Summary Information Regarding Markets

• November 12, 2024 -

Borsa Istanbul Equity Market

BIST 100 Index Closing 9,226.86

BIST 100 Daily Change -49.9...

Otokar Enters the Pick-Up Market

Foreks - Otokar (IS:OTKAR) is expanding its product range and making a strong entry into the pick-up market.

The statement said, "Combining superior off-road an...

MARKET UPDATE - The Stock Exchange Closes in the Red

Foreks - The BIST 100 index closed the day with a decline of 49.92 points at 9226.86. According to the Foreks News survey, the BIST 100 index was expected to clos...

RESTRUCTURING - Aksa Akrilik Decides to Transfer Energy Business to Newly Established Joint Stock Company through Partial Division

Aksa Akrilik (IS:AKSA) has decided to transfer its energy business unit to a newly established joint-stock company through a partial separation method. Aksa Akril...

Netflix's Ad-Supported Tier Reaches 70 Million Users

Netflix announced today that its ad-supported subscription plan has reached a significant milestone by reaching 70 million monthly active users worldwide. This re...

Lightning: Conditions Ahead Will Support Production, Employment, and Exports

The Minister of Treasury and Finance, Mehmet Şimşek, stated, "In the upcoming period, more supportive global conditions, an increasing sense of security and predi...

Pfizer Considers Selling Its Hospital Pharmaceuticals Division

Pfizer Inc. (NYSE:PFE) is currently assessing the potential sale of its hospital drugs business, known as Pfizer Hospital. This decision is part of the company's ...

Aksa Akrilik Decides to Continue Operations of Energy and Support Services as a Separate Entity

Forex - Aksa Akrilik (IS:AKSA) has decided to continue its operations as a separate joint-stock company in order to increase the strategic focus and growth potent...

Trump Considering Lifting TikTok Ban as Snap Faces Decline

According to reports, President-elect Donald Trump is considering steps to halt the upcoming TikTok ban that he pledged to support during his campaign. This news ...

Foreign Investors Recorded a Net Sale of $639 Million in the Stock Market in October

In October, foreign investors made sales in the Borsa Istanbul Equity Market. Borsa Istanbul announced the transactions conducted by foreign banks/brokerages or i...

Airbus Set to Finalize Support Agreement with Spirit Aero

Airbus is on the verge of finalizing negotiations with Spirit Aerosystems regarding new financing and modified payment terms. The deal is expected to be formalize...

MARKET OVERVIEW - Investors Hold Divergent Expectations on the Pace and Scope of Fed Rate Cuts

Forex - Jupiter Asset Management stated that investors are facing conflicting macro signals that could lead to increased volatility in the bond markets. The inves...

ValueAct Acquires $1 Billion Stake in Meta Platforms

In a significant development, San Francisco-based investment firm ValueAct Capital has taken a $1 billion position in Meta Platforms (NASDAQ:META), the parent com...

Russian Army Captures Kolesnikovka in Ukraine's Kharkiv Region

Forex - The Russian Ministry of Defense reported that Russian forces continue to advance towards Kharkiv, one of Ukraine's largest cities, and have captured Kolen...

Hertz Reports Unexpected Q3 Loss as High Depreciation Takes Its Toll

Hertz Global Holdings Inc. experienced a significant third-quarter loss that exceeded analysts' expectations, largely attributed to high depreciation expenses fro...

Trump's Tariff Threat Could Spark Short-Term Growth in the Global Manufacturing Sector

Forex - Trump's threats of imposing a 60% customs duty on imports from China are causing unease globally. Economists suggest that with Trump's inauguration on Jan...

Commerzbank Contemplates Acquisition in Defense Against UniCredit

Commerzbank AG (ETR:CBKG) is reportedly considering the acquisition of a mid-sized German bank as a strategic move to protect itself against a potential takeover ...