Archegos Founder Seeks to Serve Part of Sentence Under House Arrest

Bill Hwang, the founder of Archegos Capital Management, is preparing to appeal for a reduction in his 18-year prison sentence. He requests that one-third of his s...

Housing Sales in Turkey Saw a 63.6% Year-Over-Year Increase in November

In November, 153,014 residential properties were sold across Turkey. According to the announcement made by the Turkish Statistical Institute (TÜİK), residential s...

ECB Should Continue with Small Interest Rate Cuts, Patsalides Tells Reuters

Investing.com -- Cypriot policymaker Christodoulos Patsalides believes that the European Central Bank (ECB) should maintain its strategy of implementing small and...

Administrative Fines Imposed by the Ministry of Trade Increased by 43.93%

Forex - Administrative fines applied in the audits of the Ministry of Commerce will increase by 43.93% starting from January 1, 2025.

According to the statement...

Akın Tekstil Halts Garment Production at Lüleburgaz Factory, Dyeing and Weaving Activities Ongoing

Foreks - Akın Tekstil announced that only ready-made clothing production activities have been halted at its factory located in the Lüleburgaz district of Kırklare...

Market Outlook: China Set to Experience Significant Policy Changes

Forex - Lazard's head market strategist Ronald Temple predicted that China will be the country experiencing the most significant policy changes next year, potenti...

Gold Prices Rise Supported by Short Position Covering

Forex - Gold rose this morning with support from buying aimed at closing short positions following the losses experienced last week due to the Fed's cautious stan...

Putin Meets with Slovak Prime Minister Fico at the Kremlin

According to reports from the Russian press, Russian President Vladimir Putin and Slovak Prime Minister Robert Fico met in the Kremlin for a face-to-face discussi...

A New Era for Credit Cards: ATMs Will Devour Cards of the Negligent

The Banking Regulation and Supervision Agency (BDDK) has made a new decision to prevent credit card fraud. As of today, birth dates and popular date combinations ...

Concerns Over Consumption and the Housing Sector in China May Persist

According to Barclays economists, concerns about China's consumption and housing sector are expected to persist into 2025. Citing a deterioration in the labor mar...

Goldman Sachs Predicts Limited Decline for Chinese Stocks Next Year

According to Goldman Sachs, Chinese equities are expected to face a limited decline next year as the market accounts for trade tension risks, while domestic stimu...

US Set to Ban Drone Imports from China

U.S. lawmakers view the dominance of Chinese drones in the U.S. market not only as a spying threat but also as a commercial threat that makes it nearly impossible...

Stock Evaluation: Kuwait Türk Investment Constructs Model Portfolio with TUPRS, BIMAS, ASELS, LKMNH, AKSA, and EREGL Stocks

Forex -

BNP Paribas Cardif Acquires AXA Investment Managers

Foreks - BNP Paribas (EPA:BNPP) and AXA have announced that they signed an agreement for BNP Paribas Cardif to acquire AXA Investment Managers for €5.1 billion. T...

Sugar Bank and Schneider Electric Sign Collaboration Protocol

Foreks - Schneider Electric and Şekerbank (IS:SKBNK) have signed a cooperation protocol that encompasses the financing of energy efficiency and renewable energy i...

Forex News: Stock Market Opening Survey Results Are In

Foreks - In a survey conducted by analysts for Foreks News, the median forecast for the BIST100 Index opening gap value was 22.27 points, while the average foreca...

Birnbaum: Europe's Energy Taxes Are Worsening Industry Struggles

Foreks - Leonhard Birnbaum, the president of Europe's electricity lobby, stated that governments looking for ways to assist the continent's struggling industries ...

Honda and Nissan Aim to Reach an Agreement by June 2025

Forex - Honda and Nissan will announce today an agreement to explore a merger by establishing a joint holding company, aiming to reach a deal by June 2025. As the...

MARKET OUTLOOK - Iron Ore Rises on Hopes of Stock Replenishment Before Holidays

Futures iron ore prices rose, supported by expectations of another wave of restocking among steel producers in China, but high inventories and concerns about dema...

BofA Reveals Most Bought and Sold Turkish Stocks

On the Istanbul Stock Exchange, the BIST 100 index closed yesterday at a level of 9,765.12 points, losing 1.52% of its value. The trading volume throughout the da...

Agricultural Input Inflation Rises Again After Four-Month Decline

The Turkish Statistical Institute (TÜİK) has shared the agricultural input price index (Agriculture-GFE) data for October with the public. As of October 2024, th...