Top Executive Appointments Made at Akkök Holding and Aksa Akrilik

As of January 1, 2025, Cengiz Taş, the General Manager of Aksa Akrilik (IS:AKSA), has been appointed as the Group President of Chemicals and Advanced Materials at...

Russia's Gold and Foreign Currency Reserves on the Rise

Forex - Russia's Central Bank Increases Gold and Foreign Currency Reserves.
According to a statement from the Central Bank of Russia (CBR), reserves rose from $...

Geopolitical Uncertainties and Trade War Fears Boost Demand for Gold

Forex - Geopolitical uncertainties and concerns that policies to be implemented by the elected U.S. president Donald Trump may lead to trade wars continue to draw...

Inflation in Germany Rises to 2.2%

Inflation in Germany rose in November, exceeding the European Central Bank's targets. However, this will not prevent policymakers from cutting interest rates in D...

New Regulations Coming for the 2 Million Strong Delivery Rider Workforce

New regulations regarding the two million motorcycle couriers across Turkey are set to be implemented. A professional competency certificate will be mandatory for...

Australia Officially Approves Social Media Ban for Under-16s

The Australian Parliament unanimously approved a bill banning the use of social media by children and teenagers under the age of 16, as previously announced by Pr...

Borsa İstanbul Continues Its Downward Trend in a Sideways Movement

The BIST 100 index continued its downward trend during intraday trading but partially recovered in the last hour to remain flat.

After starting at 9,640 points i...

EBRD/Renaud-Basso: 50% of Our Investments Are in Green Energy

Forex - The President of the European Bank for Reconstruction and Development (EBRD), Odile Renaud-Basso, stated, "50% of our investments are related to green ene...

ECB/Villeroy: Keeping the Door Open for a Bigger Rate Cut in December

Forex - European Central Bank (ECB) policy maker Francois Villeroy de Galhau stated that the ECB should keep its options open for a larger interest rate cut next ...

Summary Insights on the Markets

Forex -

Memorandum of Understanding Signed Between the Central Bank of Turkey and the Central Bank of Oman

A memorandum of understanding was signed between the Central Bank of the Republic of Turkey (CBRT) and the Central Bank of Oman. In a related statement, the CBRT ...

Market Outlook - The Stock Exchange Closed in Line with Expectations

Foreks - The BIST 100 index closed the day with an increase of 0.31 points at 9640.08.
According to the Foreks News survey, the BIST 100 index was expected to c...

German Government Plans Billions in New Chip Subsidies

According to Bloomberg News' report on Thursday, the German government is preparing to make new investments worth billions of euros in the country's semiconductor...

"Ford Otosan Receives 'Positive EIA' Decision for Kocaeli Solar Power Plant Project"

The "Positive EIA" decision has been issued for the Ford Otosan Kocaeli Solar Power Plant project. In a statement on the website of the General Directorate of Env...

ECB/Knot: Supply Shocks Should Be Closely Monitored

Foreks - Klaas Knot, a member of the ECB Governing Council, stated that the European Central Bank may overlook supply shocks that drive prices up as long as infla...

Villeroy: ECB May Need to Adjust Interest Rates to Stimulate Growth

According to ECB Governing Council member Francois Villeroy de Galhau, the European Central Bank no longer needs to restrict the economy and may even need to lowe...

Japan's Industrial Production and Retail Sales Growth Falls Short of Expectations

In October, Japan's industrial production increased by 3.0% compared to the previous month. The median market forecast was an increase of 3.9%. Manufacturers part...

Japan's Cabinet Set to Approve a Staggering 13.9 Trillion Yen Supplementary Budget

According to informed sources, Japan will rely significantly on additional tax revenues to finance Prime Minister Shigeru Ishiba's stimulus package with an extra ...

China and Russia Conduct Joint Air Patrol Over the Sea of Japan

Chinese state television CCTV reported that the Chinese and Russian armed forces conducted their ninth joint strategic air patrol over the "relevant airspace" ove...

China to Start Restricting Tungsten Exports

Forex - China will begin to limit its critical metal tungsten exports this weekend. According to Argus, this signifies a reversal of decades in which Chinese comp...

Codelco's Project Unit Employees Reach Collective Agreement

Foreks - Chile's state-owned mining company Codelco, the world's largest copper producer, announced that it has reached a new collective bargaining agreement with...