Intense Competition with Tesla: BYD Sets Record in Electric Vehicle Sales for 2024

Chinese electric vehicle manufacturer BYD has taken significant steps in its competition with Tesla (TSLA) by achieving a total of 1.76 million electric vehicle (...

V2X Stocks Surge 8.6% Following $170 Million Contract with DEA

V2X Inc., a national security service provider, saw its shares rise by 8.6% in pre-market trading following the announcement of a five-year, $170 million contract...

Central Bank of Turkey's Net Reserves Increased by $1.8 Billion in One Week

Forex - The net reserves of the Central Bank of the Republic of Turkey (CBRT) increased by 1 billion 805 million dollars in the past week. According to CBRT's wee...

Significant Milestone in Bitcoin: Noteworthy Developments This Week

Coin Engineer - Bitcoin is struggling to maintain its monthly support, but deeper BTC price metrics provide reassurance for bulls. Bitcoin is trading within a cri...

TABLE - TCMB Analytical Balance Sheet

Forex -

Trump Backs House Speaker Mike Johnson Ahead of Key Vote

Investing.com -- President-elect Donald Trump has extended his full support to House Speaker Mike Johnson in an effort to avoid a potential leadership dispute tha...

Forex News: BIST100 Closing Forecast Survey Results Are In

In a survey conducted by analysts for Foreks News, the median estimate for the BIST100 index closing difference value was 66.26 points, while the average estimate...

Vivid Seats Explores Potential Sale

Investing.com -- Online ticket marketplace Vivid Seats Inc. is exploring the possibility of a sale after receiving purchase offers. The company, which went public...

Market Overview - No Cotton Transactions Took Place on the ITB

No transactions took place for cotton at the İzmir Commodity Exchange, according to information compiled from the İzmir Commodity Exchange bulletin. The highest p...

Cytek Biosciences Shares Surge on $50 Million New Buyback Plan

Investing.com -- On Monday, Cytek Biosciences shares experienced a notable increase, rising by up to 6.9% during intraday trading following the company's announce...

BoE Allocates Second Highest Amount Ever in Short-Term Repo

Forex - The BoE announced that it allocated £46.18 billion in its first short-term repo auction of 2025, marking the second highest amount after the £38.075 billi...

Hesai Shares Surge Past 100,000 LiDAR Units Milestone in December

Hesai Group, a company specializing in automotive lidar technology, saw its shares sharply rise by up to 15% on Monday after announcing the delivery of over 100,0...

MARKET OVERVIEW - Spot Electricity Price Reaches 2,381.49 TL/MWh

Foreks - In the Day-Ahead Market (DAM) operated by the Energy Markets Operation Corporation (EPİAŞ), the arithmetic average of electricity consumption prices for ...

NYSE and Nasdaq to Close on January 9th in Honor of Jimmy Carter

NEW YORK - The New York Stock Exchange (NYSE: ICE) and Nasdaq (Nasdaq: NDAQ) announced that they will close U.S. stock and options markets on January 9, 2025, in ...

MARKET OVERVIEW - The Reference Price in the Spot Natural Gas Market Reaches 12,640.00 TL

In the spot natural gas market, the reference price for one thousand cubic meters yesterday was 12,640.00 TL. The previous day's natural gas price was 12,575.26 T...

Summary Insights on the Markets

Forex -

The Number of Bounced Checks Surged by 115.4% in December

In December, the number of checks presented to the Takasbank Check Clearing System that were returned as unpaid increased compared to the previous month.

Accord...

IMF Board to Review Argentina's $44 Billion Aid Program Next Month

According to anonymous sources, the International Monetary Fund (IMF) board is expected to review Argentina’s current $44 billion aid program next month. This rev...

Garanti BBVA Crypto Readies to Launch Cryptocurrency Trading Services in Europe

Garanti BBVA's cryptocurrency platform, Garanti BBVA Kripto, is completing its preparations to provide cryptocurrency trading services in Europe. This initiative ...

Market Outlook: Stock Exchange Closes with Sellers Dominating

Foreks - The BIST 100 index closed the day at 9889.71 points, down 135.76 points. According to the Foreks News survey, the BIST 100 index was expected to close th...

Turkey's Central Bank Reserves on the Rise Again

The net international reserves of the Central Bank of the Republic of Turkey (CBRT) increased by $1.8 billion as of December 27, reaching $63.61 billion. The net ...