Foreign Brand Smartphone Sales in China Plunge by 47%

Forex - Sales of foreign phone brands in China declined in November, highlighting the increasing pressure on Apple (NASDAQ:AAPL), the largest international phone ...

Çimsa's Ready-Mixed Concrete Plant Project Declared 'No Environmental Impact Assessment Required'

Foreks - A decision of 'Environmental Impact Assessment is Not Required' has been made regarding the ready-mixed concrete plant project planned by Çimsa.

In a s...

Daly and Kugler Assert That the Fed's Fight Against Inflation Is Far from Over

Fed Board member Adriana Kugler and San Francisco Fed President Mary Daly expressed that they believe the U.S. central bank's work to tame inflation is not yet co...

JPMorgan: 30-40% Chance of Further Negative Steps for France's Credit Rating

Forex - JPMorgan (NYSE:JPM) analysts warned that France might face a 30%-40% chance of further negative credit rating actions this year due to the inability to fi...

OIB: Automotive Sector Remains the Leading Industry in 2024 with $37 Billion in Exports

According to OİB data, Turkey's leading sector in exports, the automotive industry, achieved an export figure of $37 billion in 2024, reflecting a 6% increase com...

Current Aluminum Stocks in LME's Registered Warehouses Drop by 16%

According to the London Metal Exchange (LME) data, the current aluminum stocks in registered warehouses decreased by 16% yesterday, falling to 244,225 tons, marki...

Yapı Kredi Portfolio Named "Turkey's Best Portfolio Management Company"

Yapı Kredi Portföy (IS:YKBNK) has been awarded the "Best Portfolio Management Company in Turkey" by Global Business and Finance Magazine, one of the prestigious p...

Barkin: Interest Rates Must Remain Restrictive Until Inflation Targets Are Secured

Forex - Richmond Fed President Tom Barkin stated that upward risks to inflation and growth remain, emphasizing that the Federal Reserve's policy rate should remai...

Today's Official Gazette - January 5th

Foreks - NOTIFICATIONS
–– Regulation on Eco-friendly Design Requirements for Household Tumble Dryers (2023/2533/EU) (SGM-2024/3)
–– Regulation on Energy Label...

The Mercedes-Benz New Actros L Begins Production at Aksaray Factory and Hits the Roads in Turkey

Foreks - Mercedes-Benz Turkey is preparing to launch the new Actros L with its new design on the roads in January. The first introduction of the locally produced ...

UİB's 2024 Export Hits a Record High of $38.6 Billion

Foreks - The Uludağ Exporters' Associations (UİB), which is the second largest union in Turkey in terms of secretarial-based exports, recorded an export of 3 bill...

Which Investment Tool Yielded the Highest Returns This Week?

This week, Bitcoin was the investment instrument that gained the most value, recording an increase of 2.93%. In contrast, Euro/TL ended the week with a decrease o...

TESK President Palandöken: VAT Increases Should Not Be Reflected as Price Hikes

Foreks - The President of the Confederation of Tradesmen and Craftsmen, Bendevi Palandöken, stated that the increases in Special Consumption Tax (SCT) should not ...

Anticipating a Surge in Gas Prices

Foreks - A fuel price increase is expected for gasoline starting from Tuesday, January 7th. According to information from the sector, a price increase of 1.27 TL ...

Number of Oil Rigs in the U.S. Remains Steady for the Past Month

Foreks - There has been no change in the number of active oil and natural gas drilling rigs operated by energy companies in the U.S. over the past month. Accordin...

CBRT Revises Reserve Requirement Regulations Based on Loan Growth

Foreks - The Central Bank of the Republic of Turkey (CBRT) has made changes to the reserve requirement based on credit growth in order to ensure that the credit g...

Official Gazette Today - January 4

Forex - REGULATION
–– Regulation on Amendment to the Regulation of Tekirdağ Namık Kemal University Trakya Productivity and Innovation Application and Research C...

MicroStrategy Aims to Raise $2 Billion Through Preferred Stock Sale

MicroStrategy, a business intelligence company, has announced plans to raise up to $2 billion through one or more continuous preferred stock offerings. In a press...

Perpetua Resources Receives Final Mining Permit for Idaho Mine, Reports Reuters

The Biden administration has granted the final mining permit to Perpetua Resources for the antimony and gold mine in Idaho, according to a Reuters report citing f...

Quantum-Si Shares Plunge Due to $50 Million Direct Sale Terms

Investing.com -- Quantum-Si shares showed a performance decline of 19% following the announcement of a registered direct offering. The company disclosed plans to ...

Coalition Talks in Austria Disrupted by Exit of Liberal Neos Party

Investing.com -- The liberal Neos party, one of the three parties involved in negotiations to form Austria's next government, abruptly withdrew from the talks on ...