Siemens AG Boosts Net Profit to €9 Billion in Fiscal Year 2024

Foreks - Siemens AG reported its highest net profit in company history, exceeding the previous year's levels due to outstanding performance in the 2024 fiscal yea...

JD.com Inc. ADR Earnings Surpass Expectations at ¥1.18, While Profits Fall Short

JD.com Inc Adr (NASDAQ: JD) reported earnings per share for the third quarter at ¥8.68, which is ¥1.18 better than analysts' expectations of ¥7.50. The reported p...

Current State of the Banking Sector According to BDDK Data

Data published by the Banking Regulation and Supervision Agency (BDDK) on November 14, 2024, reveals various dynamics of the Turkish banking sector. Here is the c...

Current Status of TCMB Reserves and Investments by Foreign Residents

According to the data dated November 8, 2024, the Central Bank of the Republic of Turkey (CBRT) observed fluctuations in its reserves and in the capital market in...

Fitch: Optimistic Outlook and Improvements in Capital Structure Observed in Turkish Banks

Fitch Ratings highlighted significant findings in its recent assessment of Turkish banks, emphasizing the resilience of the banking sector against changing macroe...

Ifo: The Annual Cost of Excess Bureaucracy in Germany Amounts to 146 Billion Euros

According to a study conducted by the Ifo Institute, excessive bureaucracy costs Germany up to 146 billion euros in lost economic output each year. Oliver Falck, ...

Gardener: ISO Academy will Make a Qualified Contribution to the Future of Our Industry and Production Life

Istanbul Chamber of Commerce (ICC) Board Chairman Erdal Bahçıvan stated, “At the ICC Academy, which we established to contribute to qualified human resources, we ...

Domestic Residents' Foreign Currency Deposits Drop by $1.0634 Billion

Forex - Domestic residents' foreign currency deposits decreased by $1 billion 63.40 million in a week. According to data released by the Central Bank of the Repub...

Walt Disney Earnings Beat Expectations at $0.04, Profits Also Exceed Estimates

According to Walt Disney's (NYSE: DIS) report, the earnings per share for the fourth quarter were $1.14, exceeding analysts' expectations of $1.10 by $0.04. The r...

TABLE - CBRT Analytical Balance Sheet

Forex -

MARKET OUTLOOK - A Correction Possible Considering the Tension in Long Dollar Positions

Forex - ING stated that the dollar is facing a downward correction but argued that any pullback would be modest and short-lived. ING analyst Francesco Pesole ment...

Turkey's Central Bank Reserves Decrease by $2.3 Billion

Forex - The Central Bank of the Republic of Turkey (TCMB) reserves decreased by 2 billion 311 million dollars last week, reversing after four consecutive weeks of...

Foreign Residents Offload Shares

Foreign investors in Turkey made a net sale of $17.4 million in stocks during the week of November 8, stripping out market price and exchange rate movements. Acco...

Environmental Impact Assessment Process Begins for the Planned Palandöken Holiday Inn Hotel by Reysaş GYO

The Environmental Impact Assessment (EIA) process has begun for the Palandöken Holiday Inn Hotel planned by Reysaş Real Estate Investment Trust (IS:RYGYO). In a s...

USUAL: Binance Prepares to Launch a New Stablecoin

Binance, one of the largest platforms in the crypto market, announced the launch of a new stable cryptocurrency, USUAL, on November 19, 2024.

USUAL will be the ...

VanEck Launches SUI ETN in Europe and Other Key Developments in the Altcoin Market

Significant developments are occurring in the cryptocurrency market recently. VanEck has launched an exchange-traded note (ETN) based on the SUI token in Europe, ...

Today in the Precious Metals Market: 1,388 kg of Gold and 7,053 kg of Silver Traded

Forex -

Togg CEO Karakaş: Exploring Opportunities for Partnerships

Foreks - Togg's CEO Gürcan Karakaş emphasized that opportunities for partnerships are being explored for Togg, while also indicating that September 2025 is the ta...

Russia's Gold and Currency Reserves Decline

Forex - Russia's Central Bank's gold and foreign exchange reserves have decreased.
According to a statement from the Central Bank of Russia (CBR), reserves fell...

MARKET OUTLOOK - According to UBS, artificial intelligence will boost growth in the U.S. and support the strength of the dollar.

UBS Asset Management's Evan Brown stated that the productivity gains from artificial intelligence will boost growth in the U.S. and support the strength of the do...

ING Predicts Further Weakness for the Euro

Forex - ING stated that the Euro may weaken further as the European Central Bank could cut interest rates more aggressively than the Federal Reserve. ING analysts...