The Real Value of the Turkish Lira Continues to Rise

The Central Bank of the Republic of Turkey (CBRT) has announced the Real Effective Exchange Rate (REER) data for November. According to the reported figures, the ...

Novavax Sells Czech Facility to Novo Nordisk for $200 Million

American vaccine manufacturer Novavax announced a strategic move to optimize its operations by selling its production facility in the Czech Republic to Danish pha...

MARKET OVERVIEW - Spot electricity price reaches 2,693.38 TL/MWh

In the Day-Ahead Market (DAM) operated by the Energy Markets Operation Company (EPİAŞ), the arithmetic average of electricity consumption prices for December 5 wa...

France's Services PMI Declines Amid Political Concerns

According to a recent survey, political uncertainty in France is affecting the country's service sector. The HCOB France Services Purchasing Managers' Index (PMI)...

German Companies in China Report Record Low Business Environment

According to the German Chamber of Commerce in China, German companies operating in China are experiencing a record low business environment due to increasing com...

Eurozone Business Activity Contracted in November

In November, the Eurozone experienced a sharp decline in business activity; the significant contraction in the services sector added to the ongoing downturn obser...

OECD Lowers Germany's 2025 Growth Forecast Due to Political Issues

The Organization for Economic Cooperation and Development (OECD) has revised its economic growth forecast for Germany, lowering the previously predicted growth ra...

MARKET OVERVIEW - The reference price in the spot natural gas market reaches 12,412.36 TL

In the spot natural gas market, the reference price for 1,000 cubic meters of natural gas was 12,412.36 TRY yesterday. The previous day's natural gas price was 12...

BoE Governor Anticipates Gradual Rate Cuts Next Year

Bank of England (BoE) Governor Andrew Bailey indicated that a series of gradual interest rate cuts is likely to occur throughout the next year, noting that the de...

Sinpaş GYO Responds to Recent Media Reports

Sinpaş Gayrimenkul Yatırım Ortaklığı (SNGYO) published a statement to provide accurate information following news circulating in the public domain. The company sh...

Volkswagen CEO and Labor Representatives Clash at Staff Meeting

Volkswagen Group's CEO Oliver Blume faced worker representatives on Wednesday, defending significant cuts deemed necessary to counter the competitive threat from ...

Dollar Tree Earnings Beat Expectations at $0.05, Profits Surpass Forecasts

According to Dollar Tree's (NASDAQ: DLTR) report, earnings per share for the third quarter came in at $1.12, surpassing analysts' expectations of $1.07 by $0.05. ...

Will the Gold Rally Continue in 2025? Experts Weigh In!

Gold has begun to show a stagnant trend as of November, despite significant gains amid uncertainties and risks surrounding the global economy in 2024. The movemen...

Bolat: We Are Determined to Strengthen and Diversify Our Partnership with Our Friend and Brother Country, Turkmenistan

The Minister of Trade, Ömer Bolat, met with the Deputy Chairman of the Cabinet of Ministers of Turkmenistan, Nökergulı Ataguliyev, and his delegation.

In a stat...

The Environmental Impact Assessment Report for Koza Gold's Çukuralan Gold Mine Crushing and Screening Facility Project Is Now Open for Discussion

The Environmental Impact Assessment (EIA) Report for the Çukuralan Gold Mine Crushing and Screening Plant project planned by Koza Gold (IS:KOZAL) has been opened ...

Historic Plunge in Bitcoin Reserves: Could Supply Shortage Propel Prices Up?

According to CryptoQuant data, Bitcoin reserves on cryptocurrency exchanges have declined to their lowest levels in recent years. This drop coincides with the bul...

Related Digital: E-Commerce Sector Breaks Records in November

Forex - Black Friday and 11.11 Single’s Day campaigns created a profitable period for brands and consumers. The campaign period, led by cosmetic and electronic pr...

Sandoz Announces $80 Million Capital Increase for Investments in Turkey

Sandoz (SIX:SDZ), a company listed on the Swiss stock exchange and operating independently since October 2023, announced a capital increase of $80 million (2 bill...

Freeport Indonesia Projects Production Increase in Manyar by Q3 Next Year

Freeport Indonesia, the copper miner, is reported to expect an increase in operations at its $3.7 billion Manyar smelting facility in East Java in the third quart...

Fidan Meets with Greek Foreign Minister Giorgos Gerapetritis

Forex - Foreign Minister Hakan Fidan met with Greek Foreign Minister Giorgos Gerapetritis on the sidelines of the NATO Foreign Ministers Meeting held in Brussels.

Derimod Crowned Top Brand in "Footwear-Bags" Category by AYD Research

Foreks - Derimod (IS:DERIM), the first brand in Turkey to combine leather and fashion, which has been shaping the perspective on fashion with its collections for ...