TBB Board of Directors Meets at Akbank Headquarters

The meeting of the Banks Association of Turkey, held on December 5, 2024, took place at the head office of Akbank with broad participation.

The statement said: ...

Marmarabirlik to Disburse 445 Million TL to Shareholders on December 6

Foreks - The product purchasing campaign for 2024/2025 continues, and Marmarabirlik, which makes payments for product costs every 15 days, will make a payment of ...

Market Outlook: Bitcoin Could Target $200,000 by the End of 2025

Geoff Kendrick from Standard Chartered stated that Bitcoin inflows have been dominated by institutional investors this year, and this trend should continue as the...

Token Unveils New Register POS Beko X30 TR

Forex - Token Financial Technologies, a subsidiary of Koç Group, continues to lead the industry with its new payment solutions. The new cash register POS, Beko X3...

Latest Data on the Banking Sector: How Are Loans and Deposits Moving?

According to the weekly data released by the Banking Regulation and Supervision Agency (BRSA), the Turkish banking sector has experienced significant growth in lo...

Mt. Gox Transfers Significant Amounts of BTC as Bitcoin Hits New All-Time High

Bitcoin moved to $104,000 in the early hours of the day, while the defunct cryptocurrency exchange Mt. Gox transferred approximately 24,052 BTC, valued at around ...

Turkey's External Debt Payments This Year Amount to $35.19 Billion

Forex - Turkey's external debt repayments this year amounted to 35 billion 192.50 million dollars. According to data released by the Central Bank, in the week of ...

Minister of Culture and Tourism Ersoy Meets with TBB Board Members

Forex - The Minister of Culture and Tourism, Mehmet Ersoy, met with the Board Members of the Turkish Banks Association. Minister Ersoy shared his assessments with...

Copper Producer Aurubis Optimistic About Demand Outlook

European copper producer Aurubis reported an increase in annual profits and expressed optimism about demand expectations, proposing a higher dividend and raising ...

Domestic Residents' Foreign Currency Deposits Decreased by $511.40 Million

Forex - Domestic residents' foreign currency deposits decreased by 511.40 million USD in a week. According to data released by the Central Bank of the Republic of...

Turkey's Central Bank Reserves Increase by $1.1 Billion

Forex - The Central Bank of the Republic of Turkey (CBRT) reserves increased by 1 billion 99 million dollars in the past week. According to CBRT weekly data, as o...

China Imposes Sanctions on U.S. Military Firms Due to Arms Sales to Taiwan

China has imposed sanctions on 13 American military companies. This action is a direct response to the U.S. arms deal with Taiwan. The primary reason cited for th...

France's Bond Risk Premium Decreases with Government Collapse

Following the fall of the French government, France's debt risk premium has declined from its highest level in over a decade. This change occurred as Thursday saw...

Foreign Residents Make Stock Purchases

Forex - Foreign entities made a net purchase of 280 million dollars in equities, adjusted for market price and exchange rate movements, during the week of Novembe...

Apple to Establish $1 Billion New Facility in Indonesia - Government

Apple Inc. (NASDAQ:AAPL) has announced plans to invest $1 billion in a manufacturing facility aimed at producing components for smartphones and other devices. The...

deVere's Green Anticipates Short-Term Sales Ahead of Move Towards $120,000 Following Bitcoin's $100,000 Surge

On Thursday, the leading cryptocurrency in the world, Bitcoin, exceeded the $100,000 barrier, reaching a historic milestone. This increase in value is attributed ...

OPEC+ May Extend Oil Production Cuts to Support the Market - Report

According to reports, OPEC+ is expected to postpone its planned oil production increase set to begin in January. The decision to maintain current production level...

Elon Musk's Neuralink Lab Issued a Warning by the FDA Due to Conditions - Report

According to reports, Neuralink, the brain technology company led by Elon Musk, has been warned by the Food and Drug Administration (FDA) regarding "actionable co...

As Bitcoin Reaches Historic Highs, Experts and Investors Make Bold Predictions for the Future

The fact that Bitcoin has surpassed $100,000 for the first time in its history has created significant excitement in the cryptocurrency world. Following this deve...

Aging Housing Market Sees Modest Gains and High Costs

Cambridge Realty Capital reported key findings from the senior housing capital markets in 2024, highlighting operational improvements despite ongoing financial ch...

Fiserv Shares Plunge 9% After CEO Nominated for Social Security Administration Role

On Thursday, shares of fintech company Fiserv Inc. fell by 9% following the announcement that President-elect Donald Trump has nominated Fiserv CEO Frank Bisignan...