Banxico Cuts Interest Rates, Future Reductions Dependent on Peso's Movement

The Bank of Mexico (Banxico) unanimously decided to lower the interest rate by 25 basis points, bringing it down to 10.00%. This decision indicates that the bank'...

The EIA Report for Entek Elektrik's Adatoprakpınar Solar Power Project is Now Open for Public Consultation

The Environmental Impact Assessment (EIA) application file for the Adatoprakpınar Solar Power Plant project planned by Entek Elektrik has been opened for public r...

TÜREB/Erden: €15 Billion Investment in Wind Energy Installed Capacity

Foreks - The TÜREB Financial Institution Stakeholders meeting was attended by nearly 150 industry professionals, including representatives from public institution...

Arcadium Lithium Shareholders Approve $6.7 Billion Rio Tinto Deal

Foreks - Arcadium Lithium announced that its shareholders voted in favor of a $6.7 billion sale to the Australian mining giant Rio Tinto. The deal, expected to be...

UK Retail Spending Surge May Not Save Economy from Recession

According to Alex Kerr from Capital Economics, a slight increase in retail spending may not be enough to save the UK economy from stagnation or worse in the final...

El Salvador Lifts National Mining Ban

Foreks - El Salvador's legislative body removed the national ban on metal mining, supporting President Nayib Bukele's agenda aimed at increasing economic growth a...

Update: Kiler Holding Acquires 90.5% of Generali Insurance

Kiler Holding (IS:KLRHO) has acquired the operations of Generali Sigorta, Turkey’s first insurance company, in the country. Nahit Kiler stated that following the ...

MARKET OVERVIEW - Iron Ore Rises on Stock Increase Ahead of Holiday in Dalian, SGX Tests $100/Ton Again

In Dalian, iron ore futures rose for the second consecutive session, supported by pre-holiday stock replenishment among steel producers in China, although new env...

Japanese Government Adjusts Corporate Profit Outlook Amid Economic Recovery Claims

Forex - The Japanese government stated that the economy showed a moderate recovery in December; however, it warned about upcoming risks such as high interest rate...

TZOB/Bayraktar: Urgent Payments Required for Producers to Continue Their Operations

Forex - The Chairman of the Union of Turkish Agricultural Chambers (TZOB), Şemsi Bayraktar, assessed the damage caused by recent natural disasters to production i...

Environmental Impact Assessment Process Initiated for Camish Mining's Quartz Sand Quarry Area and Production Capacity Expansion Project

The Environmental Impact Assessment (EIA) process has begun for the Quartz Sand Quarry Area and Production Capacity Increase project planned by Camiş Mining.

In...

MARKET INSIGHT - Metal Prices Rise but Strong Dollar Limits Gains

Forex - Most base metal prices rose within a narrow trading range, but gains were capped by a strengthening dollar due to expectations that U.S. interest rates wi...

Ifo: Germany's Retail Sector Business Climate Index Dips Slightly

Foreks - The Ifo Institute reported that the business climate index for Germany's retail sector has slightly declined due to retailers assessing their current sit...

TANKER REPORT - 15 Tankers to Transit the Dardanelles and Bosphorus Straits

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

South American Country Continues Bitcoin Purchases Despite IMF Agreement

The El Salvador government expanded its strategic reserve by purchasing $1 million worth of Bitcoin following a $3.5 billion financing agreement with the Internat...

TANKER REPORT - 40 Tankers Awaiting in Black Sea Ports

In the Black Sea ports, there are a total of 40 tankers, which serve as the first step for the oil arriving in the region to reach the world via the Istanbul and ...

Bolat: Trade Between Turkey and Syria Will Accelerate Significantly Soon

Forex - Minister of Trade Ömer Bolat, who inaugurated the Customs Laboratory in Gaziantep, stated, "Trade operations between Turkey and Syria, which have been ong...

TANKER REPORT - No Tankers Found at Ceyhan BTC

Foreks - There are no tankers currently at the Ceyhan BTC Terminal, which is the second step in delivering oil from the Baku-Tbilisi-Ceyhan (BTC) pipeline in Azer...

ITM Stocks Rise After Securing FEED Contract for EU Green Hydrogen Production Facility

Investing.com -- Leading energy technology company ITM Power announced this morning that it has been awarded a Front-End Engineering Design (FEED) contract for a ...

Mexico to Impose 36.23% Tariff on Wire Rod Imports from Vietnam

Forex - Mexico will impose a customs duty of 36.23% on the import of steel wire sourced from Vietnam. The decision announced in a national newspaper marks Mexico'...

Record Outflows in Bitcoin ETFs

Bitcoin ETFs experienced a record outflow of $671.9 million on Thursday, breaking a 15-day streak of positive inflows. This represents the largest daily outflow s...