Birnbaum: Europe's Energy Taxes Are Worsening Industry Struggles

Foreks - Leonhard Birnbaum, the president of Europe's electricity lobby, stated that governments looking for ways to assist the continent's struggling industries ...

Honda and Nissan Aim to Reach an Agreement by June 2025

Forex - Honda and Nissan will announce today an agreement to explore a merger by establishing a joint holding company, aiming to reach a deal by June 2025. As the...

MARKET OUTLOOK - Iron Ore Rises on Hopes of Stock Replenishment Before Holidays

Futures iron ore prices rose, supported by expectations of another wave of restocking among steel producers in China, but high inventories and concerns about dema...

BofA Reveals Most Bought and Sold Turkish Stocks

On the Istanbul Stock Exchange, the BIST 100 index closed yesterday at a level of 9,765.12 points, losing 1.52% of its value. The trading volume throughout the da...

Agricultural Input Inflation Rises Again After Four-Month Decline

The Turkish Statistical Institute (TÜİK) has shared the agricultural input price index (Agriculture-GFE) data for October with the public. As of October 2024, th...

Foreign Visitor Arrivals in Turkey Increased by 8.25% in November

According to preliminary data from the Ministry of Culture and Tourism, the number of foreign visitors to Turkey in November 2024 increased by 8.25% compared to t...

Gürsel Tourism Expands Fleet to 335 in Amman

Forex - Gürsel Tourism has increased its fleet to 335 by adding 16 new 12-meter diesel buses to its existing fleet in the public transport project in Amman, Jorda...

The EIA Process Begins for Aksa Energy's Tokur Storage-based Solar Power Project

The Environmental Impact Assessment (EIA) process for the Tokur storage solar power project planned by Aksa Energy (IS:AKSEN) has begun.

In a statement on the w...

KPMG Turkey: Nationwide Housing Sales in Turkey Increased by Over 20% in Q3 2024

According to KPMG Turkey's report on the construction and real estate sectors in Turkey for the third quarter of 2024, housing sales across the country reached 40...

TEB Arval and Togg Join Forces

Forex - Arval BNP Paribas Group CEO Alain van Groenendael and TEB Arval General Manager Kağan Yaşa met with Togg CEO Gürcan Karakaş at the Togg Seven Blue Experie...

Researchers Warn Quantum Computing Attacks on Cryptocurrencies Could Lead to Trillions in Losses

Forex - Bitcoin's rise is facing a risk that many cryptocurrency investors may not have on their radar: quantum computing.

This new technology has garnered atte...

Progresiva Energy’s Çorlu Wind Farm and Energy Storage Facility Project Receives "Positive EIA" Decision.

Foreks - The "positive environmental impact assessment" decision has been granted for the Çorlu Wind Power Plant and Energy Storage Facility project of Progresiva...

Aviva to Acquire Direct Line in a £3.7 Billion Deal

Aviva has formalized the terms of its acquisition offer for Direct Line, valuing the non-life insurance company at approximately £3.7 billion ($4.65 billion). The...

STOCK EVALUATION - Ak Investment Initiates Coverage on KOTON with a Target Price of 32.00 TL and "Outperform" Rating, Adding Stock to Its Watchlist

Forex -

Erdemoğlu Holding's Chairman Erdemoğlu Conducts On-Site Inspection of Gabar Oil

As of November 2024, Turkey produces a total of 3 million 425 thousand barrels of crude oil, half of which comes from Gabar. At Gabar, where daily oil production ...

Agricultural Input Price Index Rises by 2.75% Monthly and 32.59% Yearly

Forex - The Agricultural Input Price Index (Agriculture-GFE) recorded an annual increase of 32.59% and a monthly increase of 2.75%. According to the Turkish Stat...

Market Outlook: Stock Exchange Starts the Week with Better-than-Expected Gains

The BIST 100 index started the day with an increase of 32.11 points, reaching 9756.61 points. According to the Foreks News survey, the BIST 100 index was expected...

Oil Transported Through Pipelines in Turkey Increased by 2.5% in November

In November, the amount of crude oil transported through pipelines in Turkey increased by 2.5% compared to the previous month. According to data available on BOTA...

HSBC Turkey/Temocin: Supporting Initiatives to Combat Climate Change

HSBC Turkey has launched the 'Sustainable Growth Program' under which 10 start-ups working on 'Climate Action,' one of the United Nations Sustainable Development ...

eToro's 2025 Investment Outlook: Modest Growth, Low Interest Rates, and the Musk Factor

Investing.com -- eToro's market analyst Jean-Paul van Oudheusden shared the annual investment outlook for 2025. He expects the moderate global growth, low inflati...

MARKET OVERVIEW - Deutsche Bank Also Expects the Fed to Keep Rates Steady in January

Forex - Markets are continuing to bet on a cautious rate cut by the Fed, as the dollar rises. The market is pricing in a 38 basis point rate cut by December 2025....