China Signals It Will Ramp Up Economic Growth Efforts

China has reaffirmed its commitment to boosting economic growth following a high-level economic planning meeting that concluded on Thursday. In the meeting report...

"Çimsa's Limestone Quarry Capacity Increase Project Granted 'Environmental Impact Assessment Not Required' Decision"

Foreks - A "no environmental impact assessment required" decision has been made for the Limestone Quarry Capacity Increase project planned by Çimsa with the licen...

EU to Review Liberty Media's MotoGP Acquisition

The European Union is preparing to examine Liberty Media's acquisition of the MotoGP World Championship, valued at 3.5 billion euros (3.67 billion dollars). Offic...

Nvidia Denies Rumors of Supply Cuts to China

Nvidia Corp recently issued a statement rejecting claims circulating on social media regarding its intention to reduce supply to the Chinese market. The technolog...

European Central Bank Unveils Interest Rate Decision

The European Central Bank (ECB) Governing Council has reduced the three key interest rates by 25 basis points, as expected. Accordingly, from December 18, 2024, t...

Minister Şimşek Highlights Current Account Deficit

Minister of Treasury and Finance Mehmet Şimşek stated in his remarks regarding the balance of payments data that the annual current account deficit has decreased ...

Rio Tinto to Invest $2.5 Billion to Boost Capacity of Argentina Lithium Project

Forex - Rio Tinto has announced plans to invest $2.5 billion to increase production capacity at the Rincon lithium project in Argentina. According to Rio Tinto, a...

The Cost of Living in Istanbul Reaches 75,717 TL Monthly

Forex - The cost of living in Istanbul reached 75,717 TL in November. The cost of living in Istanbul increased by 59.43% compared to the same month last year. The...

Transaction Volume Reaches 41.06 Billion TL in Central Counterparty Money Market

In the Forex-Settlement Bank Money Market, a transaction volume of 41,057,456,000 TL was realized today. In dollar terms, the figure was 1,179,717,034.

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What’s the Status of Bitcoin in the Bull Market? Experts Weigh in on BTC!

CryptoQuant CEO Ki-Young Ju has noted that while he expects limited price corrections in the current Bitcoin bull market, spot Bitcoin ETFs and institutional purc...

Keros Therapeutics Halts Dosing in Trial Due to Adverse Events

Biopharmaceutical company Keros Therapeutics, Inc. (NASDAQ:KROS), currently in the clinical stage, experienced a significant decline in its stock value following ...

Rosneft Signs Record Crude Oil Supply Deal with India's Reliance

Russia's state oil company Rosneft has signed a significant agreement to supply approximately 500,000 barrels of crude oil daily to India's private refinery Relia...

Lightning: We Expect the Current Account Deficit to Remain Below 1% of GDP in 2024

Forex - The Minister of Treasury and Finance, Mehmet Şimşek, stated that they expect the current account deficit as a percentage of national income to remain belo...

WGC: Gold Prices Likely to Rise at a More Moderate Pace in 2025

According to the World Gold Council (WGC), if market conditions remain stable, gold prices are expected to rise at a more measured pace in 2025. The WGC stated th...

Istanbul Stock Exchange to Initiate Calculation of BIST Spot Silver, BIST Spot Platinum, and BIST Spot Palladium Indices

Forex - Borsa Istanbul has decided to start calculating the BIST Spot Silver, BIST Spot Platinum, and BIST Spot Palladium indices using the trading quotations for...

CFPB's Latest Decision Will Slash Overdraft Fees, Saving Billions

The Consumer Financial Protection Bureau (CFPB) today announced a significant policy change aimed at closing an outdated overdraft loophole. This change could all...

Russian Deputy Foreign Minister: Relations with Turkey Progressing as Usual Despite Syrian Crisis

Forex - Russian Deputy Foreign Minister Alexander Grushko stated that the bilateral relations between Russia and Turkey are progressing as usual, despite the Syri...

China's Leadership to Boost Financial Spending to Support a Shaky Economy

Forex - The Beijing administration's provision of more details regarding its economic planning for the upcoming year indicates that the Chinese leadership is fina...

Donald Trump May Appoint a Crypto-Friendly Figure to Head the CFTC After the SEC

It is reported that President-elect Donald Trump is considering Brian Quintenz for the chairmanship of the Commodity Futures Trading Commission (CFTC). Quintenz c...

RENEWAL - Domestic Residents' Foreign Currency Deposits Decrease by 3 Billion Dollars

Forex - Domestic residents' foreign currency deposits decreased by $3 billion to $22.80 million in one week. The foreign currency deposits of legal entities have ...

Domestic Residents' Foreign Currency Deposits Drop by 3 Billion Dollars

Forex - The foreign currency deposits of domestic residents decreased by $3 billion to $162.71 billion in one week.

According to data released by the Central Ba...