Garanti BBVA Offers Convenient Financial Data Sharing Opportunity for Businesses and Individuals

Forex - Garanti BBVA’s corporate and individual business customers can now transmit their financial data to the bank through digital channels with a single click,...

Swiss National Bank Cuts Policy Rate by 50 Basis Points, Surpassing Expectations

Forex - The Swiss National Bank (SNB) made a move that exceeded market expectations by reducing the policy rate by 50 basis points. According to the SNB's announc...

India Considers Implementing Safeguard Duty on Steel

India's Steel Minister H.D. Kumaraswamy announced that India is considering implementing a safeguard duty or temporary tax to curb cheap imports from China.

Dur...

Bolat: Strong Improvement in Current Account Balance Continues to Present a Positive Outlook for the Economy’s Future

Forex - Trade Minister Ömer Bolat stated that the strong improvement in the current account balance continues to paint a positive picture for the future of the ec...

Uzbekistan Central Bank Holds Steady on Interest Rates

Forex - The Central Bank of Uzbekistan (CBU) did not change its policy interest rate. According to the statement from the CBU, the benchmark interest rate remaine...

Bolat: We Place Great Importance on Diversifying Collaboration Areas to Reach the $30 Billion Bilateral Trade Volume with Iran

The Minister of Trade, Ömer Bolat, emphasized the importance of diversifying cooperation areas to achieve the bilateral trade volume target of 30 billion dollars ...

Adesa, DESA's 100% Subsidiary, Receives Platinum Award from İDMİB

Foreks - Adesa, a 100% subsidiary of DESA, was honored with the Platinum Award by İDMİB (Istanbul Leather and Leather Products Exporters' Association) in 2023 for...

German Government Resumes Large-Scale Export Licenses to Turkey

The German government, which had significantly reduced arms export approvals to Turkey since 2016, has resumed granting large-scale export licenses. According to ...

Title: Reasons for Layoffs at Tofaş Revealed in the Company's Termination Letter-CNBC-e

The reasons for the layoffs at Tofaş (IS:TOASO) were revealed in a termination letter sent by the company. According to reports, Tofaş, a significant player in th...

Akbank Elevates MSCI Sustainability Rating to AA, Achieving Leadership Status

Foreks - Akbank's success was determined by human- and culture-focused projects, a management approach based on transparency, and its pioneering role in sustainab...

Turk Telekom Kicks Off Its Digital Transformation Journey with 'Big Data Bootcamp'

Forex - Türk Telekom (IS:TTKOM), leading Turkey's digital transformation, invites young people who aim for a career in data science and data engineering technolog...

China's Commerce Ministry: We Are Open to Engaging with Trump's Economic and Trade Team

Forex - The Chinese Ministry of Commerce expressed that it is open to contact with the economic and trade team of the Trump administration. This development comes...

MARKET OUTLOOK - Markets are pricing in future ECB interest rate cuts very aggressively.

In a note, strategists at RBC Capital Markets stated that money markets are pricing in the European Central Bank's future rate cuts very aggressively. The strateg...

Market Outlook: ECB Rate Cut Expected to Support German Government Bonds

Forex - Commerzbank Research strategists stated that German Bunds (government bonds) are expected to be supported by the European Central Bank's anticipation of a...

Istanbul Stock Exchange Kicks Off the Day with Gains: Which Stocks Took Center Stage at the Opening?

The BIST 100 index started the day with a 0.50% increase at 10,109.23 points. The BIST 100 index closed the previous day at 10,058.47 points, down 0.40%. During t...

Trump Invites Chinese President Xi Jinping to Inauguration Ceremony

According to various sources, U.S. President-elect Donald Trump has invited Chinese President Xi Jinping to the inauguration ceremony scheduled for next month. Ho...

Baumit Turkey to Accelerate Investments

Foreks - Baumit Turkey, a leading player in the thermal insulation sector, made significant contributions to both the economy and the environment throughout 2024 ...

MAYA Now Available to All Users on the Migros Virtual Market App

Foreks - Online grocery retail leader Migros (IS:MGROS) takes shopping to the next level with its AI-powered platform, MAYA, which hyper-personalizes the shopping...

MARKET OVERVIEW - The Stock Exchange Kicked Off with Buyers

Forex - The BIST 100 index started the day with an increase of 50.76 points at 10109.23.
According to the Forex News survey, the BIST 100 index was expected to ...

Current Account Surplus of $1.88 Billion in October

In October, the current account recorded a surplus of 1.880 billion US dollars. According to the Foreks news survey, a surplus of 1.3 billion US dollars was expec...

TURKSTAT: Istanbul Takes the Largest Share of Gross Domestic Product in 2023 at 30.4%

According to calculations of Gross Domestic Product (GDP) at current prices at the provincial level, in 2023, Istanbul reached the highest GDP of 8 trillion 60 bi...