Yiğit Kasapoğlu Appointed Director of RUSAL Turkey

Yiğit Kasapoğlu, who has over 10 years of experience in the aluminum sector, has been appointed as the Turkey Representative Director of RUSAL.

As one of the wo...

Strategic Partnership Established Between İGE and EBRD

Foreks - İhracatı Geliştirme A.Ş. (IGE) and the European Bank for Reconstruction and Development (EBRD) have signed a memorandum of understanding that formalizes ...

Forex News: Stock Market Opening Survey Results Are In

In a survey conducted by analysts, the median prediction for the opening gap value of the BIST100 Index is 22.13 points, while the average prediction is 14.83 poi...

MARKET OUTLOOK - Housing Sales in China Improved Slightly in November, Yet No Indication of Real Estate Sector Recovery

Foreks - Daiwa Analyst William Wu believes that the new housing sales data from China showed some improvement in November, but this will not lead to a recovery in...

"BDDK Grants License for 'Katılımevim Participation Bank Inc.'"

The Banking Regulation and Supervision Agency (BRSA) has authorized the establishment of a participation bank named "Katılımevim Katılım Bankası AŞ." The BRSA's d...

Brazil's Steel Production Increased by 1.9% in November

Foreks - Aço Brasil announced that raw steel production in Brazil rose to 2.774 million tons in November, marking a year-on-year increase of 1.9%. According to a ...

10 EU Countries Demand Broader Sanctions on Russian-Origin Metals

Forex - Ten European Union (EU) countries have proposed further sanctions on Russia's trade, including the production of metals such as aluminum, to further reduc...

BHP Announces Resumption of Iron Ore Operations at Australia's South Flank

BHP spokesperson announced that operations at two iron ore mines in Western Australia were suspended on Saturday due to severe rainfall in the Pilbara region, but...

Brazil's Crude Steel Production Expected to Drop by 0.6% in 2025

Forex - The Brazilian steel industry group Aço Brasil announced that crude steel production in the country is expected to decline by 0.6% in 2025, reaching 33.59 ...

TANKER REPORT - 38 Tankers Currently at Black Sea Ports

In the Black Sea ports, there are a total of 38 tankers currently present, marking the first leg of oil reaching the world through the Istanbul and Çanakkale Stra...

Alibaba Sells Intime at a Loss of Approximately $1.28 Billion

Forex - Chinese e-commerce and technology group Alibaba is selling its major department store chain Intime as part of its restructuring process. According to a st...

TANKER REPORT - 13 Tankers Set to Transit the Dardanelles and Bosphorus Straits

Foreks - There are no issues with transit passages through the Istanbul and Çanakkale Straits, which are the most important routes for transporting oil from the B...

MARKET OVERVIEW - Iron ore remains flat as low shipments exert pressure on weak demand and high stocks

Forex - Iron ore futures moved within a narrow range as they weighed the sluggish shipments against a lifeless demand and high port stocks in China. The May iron ...

How Did Borsa Istanbul Start the Day? Which Stocks Stood Out at Opening?

The BIST 100 index started the day with a partial increase of 0.15%, opening at 10,012.62 points.

The BIST 100 recorded a decline of 1.26% in yesterday's transac...

Ripple Set to Launch Its Stablecoin RLUSD Today

Ripple has announced today the launch of the highly anticipated US dollar-backed stablecoin RLUSD. The company will work with an independent auditing firm to ensu...

Bitcoin Soars to $107,000: BTC-Centric Rally Continues in the Crypto Market

In the cryptocurrency market, growth continues to be Bitcoin-centric, with the largest cryptocurrency setting a new record level in yesterday's trading. Bitcoin, ...

Turkey's Steel Industry Takes New Steps to Reduce Carbon Footprint

The green transformation and border carbon regulation, which have become key issues in the steel industry in recent years, were discussed at a conference organize...

Ibrahim Polat Holding Companies Launch New Investments in Ege Seramik and Ege Vitrifiye

Forex - The new investment openings for Ege Seramik and Ege Vitrifiye, part of İbrahim Polat Holding, took place on Wednesday, December 11, at the İzmir Kemalpaşa...

Wage Growth in the UK Takes Off Again

Forex - In the UK, wages are rising at an increased pace, supporting the Bank of England's reluctance to lower its base interest rate as swiftly as its European c...

VakıfBank/Üstünsalih: Leading the Industry Through Our Investments in Digitalization and Sustainability

Foreks - The winners of the "Hack to the Future" hackathon, organized by VakıfBank with the vision of shaping the future of banking today, have been announced aft...

Electromechanical Industry Aiming for Over $10 Billion in Exports by 2025

The electromechanical industry sector is expected to close 2024 with an export value of approximately $9.5 billion and has set higher targets for 2025. Mustafa Gü...