News

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03 Jan 2025 05:35

Market Overview: Mixed Performance in Base Metals as Strong Dollar Weighs In

Daily News

Forex - Most base metal prices traded within narrow ranges amid mixed trends influenced by economic data from China and the U.S., with gains limited by a strength...

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03 Jan 2025 05:35

TANKER REPORT - 12 Tankers to Transit the Dardanelles and Bosphorus Straits

Daily News

Foreks - There are no issues with transit passages through the Bosphorus and the Dardanelles, which are the most important routes for transporting oil from the co...

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03 Jan 2025 05:20

Gold Hits Two-Week High

Daily News

Forex - Gold reached its highest level in two weeks, influenced by safe-haven buying and a decline in US Treasury yields, as the market closed positions ahead of ...

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03 Jan 2025 05:20

Mubadala Becomes the Most Active Sovereign Wealth Fund, Surpassing Saudi Fund

Daily News

Foreks - The Abu Dhabi sovereign wealth fund Mubadala Investment Co. became the world's most active wealth fund last year by accelerating deals in a range of area...

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03 Jan 2025 05:10

Chinese SPIC to Begin Construction of Alumina Processing Plant in Guinea

Daily News

State Power Investment Corp. of China will begin the construction of an alumina processing plant this year after producing bauxite in the West African country of ...

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03 Jan 2025 05:05

Morgan Stanley: Tech Giants Will Struggle to Dominate the Stock Market by 2025

Daily News

The technology giants responsible for more than half of the S&P 500 Index's 23% jump last year appear to be struggling to maintain market dominance in 2025 as ear...

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03 Jan 2025 04:45

Biden Decides to Block Sale of US Steel to Nippon Steel

Daily News

According to a report citing two administration officials who spoke on condition of anonymity, U.S. President Joe Biden has decided to officially block Nippon Ste...

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03 Jan 2025 04:40

China to Sharply Increase Financing from Treasury Bonds to Boost Growth in 2025

Daily News

Forex - Yuan Da, an official from China's National Development and Reform Commission (NDRC), stated that as Beijing increases fiscal stimulus to revive the stagna...

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03 Jan 2025 04:20

Menderes Textiles' Three Plants Included in the Final YEK List

Daily News

Forex - Menderes Tekstil (IS:MNDRS)'s Akça Wind Power Plant, Baklacı Geothermal Power Plant, and Tosunlar-1 Geothermal Power Plant have been included in the Final...

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03 Jan 2025 04:20

Digital Asset Brokerage FalconX Acquires Arbelos Markets

Daily News

Forex - Digital asset brokerage firm FalconX has acquired Arbelos Markets, a derivatives initiative launched in 2023. The financial terms of the deal were not dis...

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03 Jan 2025 04:10

Correction: Menderes Tekstil's Three Plants Featured in Final YEK List

Daily News

Menderes Textile (IS:MNDRS)'s Akça Wind Power Plant, Baklacı Geothermal Power Plant, and Tosunlar-1 Geothermal Power Plant have been included in the Final Renewab...

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03 Jan 2025 04:10

S&P 500’s Losing Streak Extended as Decline Continues into the New Year’s First Trading Day

Daily News

Forex - Stocks experienced a volatile session in the first trading day of the new year on Wall Street, continuing the decline seen at the end of 2024. The Dow Jon...

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03 Jan 2025 04:05

Apple to Pay $95 Million to Settle Lawsuit Accusing Siri of Eavesdropping

Daily News

Apple (NASDAQ:AAPL) has agreed to pay $95 million to settle a lawsuit accusing it of using its virtual assistant Siri to listen in on conversations of people usin...

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03 Jan 2025 04:05

BRSA Drafts Shorter Terms for Top Bank Executives

Daily News

The Banking Regulation and Supervision Agency (BRSA) has prepared a comprehensive draft aimed at restructuring the banking sector. According to the draft sent to ...

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03 Jan 2025 03:55

US LNG Exports Set to Soar in 2024

Daily News

Forex - US LNG exports approached record levels in December. With the commencement of two new facilities, LNG exports rose to 8.5 million metric tons in December,...

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03 Jan 2025 03:50

Tesla's Sales Decline on an Annual Basis for the First Time

Daily News

Tesla delivered 1.78 million vehicles in 2024, falling short of analysts' expectations of 1.8 million and the 1.8 million deliveries in 2023. This marks the first...

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03 Jan 2025 03:40

Tesla's Sales in China Soared to Record Levels in December

Daily News

According to Forex, Tesla's electric vehicle sales in the world's largest automotive market reached a record level of 83,000 units in December, an increase of 12....

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03 Jan 2025 03:35

Standard Chartered Predicts China Will Achieve 5% Growth Target in 2024

Daily News

Forex - Standard Chartered economists have raised China's economic growth forecast for 2024 from 4.8% to 5.0%, while also expressing their expectation that the co...

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03 Jan 2025 03:30

Stournaras Anticipates 100 Basis Points Rate Cut from ECB by Autumn

Daily News

Forex - Yannis Stournaras, a member of the European Central Bank's Governing Council and the Governor of the Bank of Greece, stated that he expects the ECB's main...

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03 Jan 2025 03:30

New York Fed Reports Sharp Decline in Reverse Repo Usage

Daily News

Forex - The New York Fed announced that the usage of the reverse repo facility declined on the first day of the year. The New York Fed stated that money market fu...

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03 Jan 2025 03:15

China's Trade Ministry Proposes Export Restrictions on Technologies Used for Processing Lithium and Gallium

Daily News

The Chinese Ministry of Commerce has proposed export restrictions on certain technologies used in the production of battery components and the processing of criti...

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