Headline: Budget Reports a Deficit of 16.6 Billion TL in November

According to data released by the Ministry of Treasury and Finance, the central government budget posted a deficit of 16.6 billion TL in November 2024. Budget exp...

Treasury Executes Total ROT Sales of 12 Billion TL Ahead of Auctions

The Treasury made a total of 12 billion TL in non-competitive bids (ROT) sales to public institutions and market makers ahead of two auctions it will hold today. ...

Banks to Continue Adjusting Credit Card Limits Based on 4 Times Income - CNBC-e

According to sources from the Banking Regulation and Supervision Agency (BRSA), there is no new regulation regarding credit card limits, and the practice of adjus...

Market Outlook: Lagarde's Statements Limited Euro Strength

Forex - The Euro rose against the dollar following a better-than-expected Eurozone purchasing managers' index survey. However, gains remained modest due to Europe...

MARKET OUTLOOK - China's Economy Expected to Maintain Positive Momentum in Q1 2025

According to Jacqueline Rong, the chief economist for China at BNP Paribas (EPA:BNPP), the Chinese economy is expected to maintain its positive momentum in the fi...

Butterfly Furniture Wins "Furniture Brand of the Year" at the Bride and Groom Magazine Awards Ceremony

Foreks - Turkey's leading furniture brand Kelebek Mobilya (IS:DGNMO) was awarded the "Furniture Brand of the Year" at the Gelin Damat Magazine Awards Ceremony hel...

MicroStrategy Shares Surge 7% Ahead of Nasdaq 100 Inclusion

Foreks - MicroStrategy shares rose by approximately 7.4% in Frankfurt as it prepares to join the technology-heavy Nasdaq 100 index. Currently, they are up by 6.84...

Pegasus Launches Direct Flights to Nice Starting Today

Forex - Turkey's second largest airport, Istanbul Sabiha Gökçen (ISG), has established its newest European connection with the charming city of Nice in southern F...

Chinese Commercial Banks Made a Net $3.5 Billion in Foreign Currency Purchases in November

The State Administration of Foreign Exchange of China reported that in November, China’s commercial banks purchased a net amount of $3.5 billion in foreign curren...

Ministry of Foreign Affairs Strongly Condemns Israel's Decision to Expand Illegal Settlements in the Golan Heights

The Ministry of Foreign Affairs vehemently condemned Israel's decision to expand illegal settlements in the Golan Heights, which has been under occupation since 1...

Eurozone's Decline in Business Activity Eases in December

Forex - The decline in commercial activities in the Eurozone has eased slightly this month due to the service sector's return to growth and its compensation for t...

Field Confirms Corporate Governance Rating of 9.40 for Türk Telekom

Foreks - Saha Corporate Governance and Credit Rating Services Inc. has confirmed the Corporate Governance Rating of Türk Telekomünikasyon A.Ş. as 9.40.

Saha Cor...

TÜRİB Agricultural Products Market Bulletin for the Week of December 9-13

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ECB/Kazimir: A Gradual, Step-by-Step Approach Remains the Most Prudent Strategy

Forex - Peter Kazimir, member of the ECB Governing Council and Governor of the Slovak National Bank, stated that the European Central Bank must continue to lower ...

Sumer Asset Management IPO Results Revealed: How Many Investors Participated?

The public offering of Sümer Asset Management Inc. shares was conducted on December 12-13, 2024, on the Borsa Istanbul Primary Market using the "Sale on the Excha...

Minister Uraloğlu: We Are Introducing 3 New Factories to Turkey

The Minister of Transport and Infrastructure, Abdulkadir Uraloğlu, announced plans to establish three new factories under Turkey's Rail System Vehicles Inc. (TÜRA...

Steady Growth Continues in Crypto Asset Investment Products

Last week, a total of $3.2 billion flowed into crypto asset investment products.

According to CoinShares data, this increase indicates that inflows have continue...

Foreign Trade Company on BIST Signs Major Partnership to Support Operations with Artificial Intelligence

DCT Trading Foreign Trade Inc. (DCTTR) continues its strategic investments in technology and innovation by acquiring a 2% stake in TRK Technology, which operates ...

Forex News: BIST100 Closing Prediction Survey Results Announced

In a survey conducted by analysts at Foreks, the median forecast for the closing difference of the BIST100 index was 22.37 points, while the average forecast was ...

The Exit Fee Payment by Stamp Will No Longer Be Valid After January 1, 2025

Forex - The payment of the exit fee for traveling abroad with stamps will cease as of January 1, 2025. According to the statement made by the Revenue Administrati...

Toyota Automotive Industry Turkey Produces 3.7 Million Cars in 30 Years

Foreks - Founded in 1990, with the foundation laid in 1992 and the first production starting in 1994 with the Corolla model in Sakarya, Toyota Automotive Industry...