Goldman: November Inflation Aligns with Our January Forecast

Foreks - Goldman Sachs stated in its assessment following the November inflation data that the figures align with expectations for a rate cut in January. The anal...

Ihsan Kösoğlu Appointed Sales Director of RUSAL for Turkey, Middle East, and Africa

Foreks - Ihsan Kösoglu has been appointed as the Sales Director responsible for Turkey, the Middle East, and Africa at RUSAL. With 25 years of experience in the a...

Mavi Named the 8th Best Company in the World for Sustainable Growth by TIME

Foreks - TIME, in collaboration with global data analysis platform Statista, published the research titled "World’s Best Companies - Sustainable Growth 2025." Mav...

Event on "Transforming Business Models Through Circularity" Organized by TÜSİAD and the Embassy of the Kingdom of the Netherlands to be Held on December 6th

Forex - In the 100th year of the Turkey-Netherlands Friendship Agreement, TÜSİAD and the Embassy of the Kingdom of the Netherlands are organizing a special event....

Inflation and Interest Rates: A Stalwart Duo in the Macroeconomic Agenda

As the year comes to a close, financial markets in Turkey are focused on interest rates and inflation data, while abroad, the policies of the Fed and the new Trum...

Bitfinex Releases Its 133rd Alpha Report

According to the Bitfinex Alpha Report, Bitcoin closed November with an impressive gain of 37.3%, marking one of the strongest months in 2024. Historical data sug...

MARKET OVERVIEW - Dollar Remains Steady Ahead of Powell's Speech

Forex - The dollar remains stable as investors await important U.S. data and a later speech by Fed Chairman Jerome Powell. ADP private employment data will be rel...

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 ...

Disagreement Reached in MESS's Individual Collective Bargaining Negotiations

Foreks - Arıtaş Kriyojenik A.Ş., a member of the Turkish Metal Industrialists’ Union (MESS), along with Grid Solutions A.Ş., Hitachi Energy A.Ş., and Schneider El...

BoE Chief Expects Four Rate Cuts Next Year as Inflation Tapers Off - FT

Andrew Bailey, welcoming the recent decrease in inflation, stated on Wednesday that the Bank of England expects to make four interest rate cuts next year, provide...

BoE/Bailey: Continuation of Interest Rate Cuts Likely into Next Year

Forex - Andrew Bailey, the Governor of the Bank of England (BoE), reiterated that gradual interest rate cuts are possible next year and added that the process of ...

OECD: Turkey's Growth Expected to Slow Due to Implemented Macroeconomic Stability Policies

Forex - The OECD has reported in its "Economic Outlook" published today that due to the macroeconomic stability policies implemented by Turkey slowing domestic de...

LC Waikiki is Advancing Its Digital Transformation Vision by Establishing a Technology-Focused Company

Foreks - LC Waikiki, one of Turkey's leading fashion retail companies, is taking a new step in its digital transformation journey by establishing a technology-foc...

Eurozone Economy Slips Back into Contraction

According to the latest HCOB PMI survey data, the Eurozone economy has started to contract again in the penultimate month of 2024. After stabilizing in October, b...

Germany's Service Sector Activity Contracts for the First Time in 9 Months

Forex - Germany's service sector experienced a decline in commercial activities in November for the first time in nine months, as the deterioration of demand cond...

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...

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...

China Bans Export of Key Microchip Components to the U.S.

A ban indicates Beijing's intention to engage in a supply chain war by restricting the export of critical components used to manufacture valuable products such as...

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...