Roche Has No Plans for Layoffs

In an interview with a Swiss newspaper, Roche's CEO Thomas Schinecker stated that the company is not planning any layoffs and that its business is healthy. When a...

Chinese Yuan Falls to Nearly 14-Month Low Against the U.S. Dollar

Forex - The Chinese yuan has dropped to nearly a 14-month low against the US dollar this morning amid rising US Treasury yields. The yuan is on track to close the...

Gold Prices Rise This Morning, But Calm Trend Anticipated

In the forex market, the price of gold per ounce rose this morning, as investors eagerly anticipate the Fed's interest rate outlook and the customs duty policies ...

Spot Gold Rises This Morning, But Caution is Advised

Forex - The price of gold per ounce rose this morning, as investors are eagerly anticipating the Fed's outlook on interest rates and President-elect Donald Trump'...

EV100: China’s New Energy Vehicle Sales and Production Set to Surge by 30%

Foreks - EV100 has announced that it expects sales and exports of new energy vehicles in China to grow by 30% in 2025. EV100, an informal and non-profit conferenc...

Credit Card Defaults in the U.S. Reach Highest Level Since 2010

According to news from Foreks, data compiled by BankRegData indicates that delinquencies on U.S. credit card loans have reached their highest level since the 2008...

Galaxy Research Unveils 2025 Predictions for the Cryptocurrency Market

Foreks - Galaxy Research has released its predictions for the cryptocurrency market in 2025. Bitcoin is expected to surpass $150,000 in the first half of 2025 and...

Bitcoin Rally Stalls After Trump's Election Victory Sparks Surge

Forex - The Bitcoin rally sparked by Trump's election victory at the beginning of November has stalled as we approach the end of 2024.

Despite a squeeze in fluc...

Title: Approximately 170,000 Retail Workers to Lose Jobs in the UK in 2024

In 2024, approximately 170,000 retail employees lost their jobs in the UK’s high street retail sector, facing a challenging year. The collapse of major chains suc...

Headline: Prime Minister Starmer Seeks Ideas from UK Regulators to Boost Growth

In the UK, Prime Minister Sir Keir Starmer has written to the country's major regulatory bodies requesting suggestions for reforms that could enhance economic gro...

Gazprom to Halt Gas Supply to Moldova Starting January 1st

Gazprom announced that it will halt gas supplies to Moldova starting January 1, citing unpaid debts. In an online statement, Gazprom reserved the right to take fu...

Holzmann: ECB's Next Rate Cut May Take Longer

Forex - ECB Governing Council member and Austrian Central Bank President Robert Holzmann stated that the upcoming interest rate cut by the European Central Bank m...

Title: "Elevating Global Competitiveness: Policies Discussed for Our Regions"

The Economic Coordination Committee (ECC) meeting was held in Şanlıurfa under the chairmanship of Vice President Cevdet Yılmaz.

In the statement made after the ...

EKK Meeting Held in Şanlıurfa

The Economics Coordination Council (EKK) meeting was held in Şanlıurfa, chaired by Vice President Cevdet Yılmaz and attended by EKK member ministers, focusing on ...

Yılmaz: Our New GAP Action Plan for 2024-2028 Will Allocate 496 Billion Lira for 198 Projects

Forex - Cevdet Yılmaz stated, "In our new GAP Action Plan covering the period 2024-2028, we aim to complete irrigation investments with the 198 projects and the a...

Togg Surpasses 72% Domestic Production Rate in Just 20 Months

Togg, established to create a globally recognized brand in Turkey and form the core of the Turkish mobility ecosystem, has achieved a local production rate of 72....

Exporters Call for New Regulations on Green Passports

Recent delays and disruptions in visa application processes are putting exporters in a tough spot. Exporters eligible for a green passport are facing challenges d...

North Macedonia-Turkey Business Forum Held in Skopje

The North Macedonia-Turkey Business Forum, organized by the Foreign Economic Relations Board (DEIK), took place on December 26, 2024, in Skopje, attended by Turke...

SHA-RA Energy Submits IPO Application to Capital Markets Board

Foreks - ŞA-RA Energy, one of the leading companies in the Turkish industrial and energy sector, announced that it has applied for a public offering to the Capita...

Turkey Boosts Solar Power Capacity by Nearly 6,000 MW in 2024, Setting a New Record

Turkey, which is around 70% dependent on imports for primary energy sources, spends approximately $80 billion annually on energy imports. In 2024, it successfully...

Alfirin Energy Seeks License Amendment from EPDK to Export Electricity to Iraq

Foreks - Alfirin Energy Trade Inc. has submitted an application for a license amendment to the Energy Market Regulatory Authority (EPDK) to export electricity to ...