Vujcic: I Expect the ECB to Continue Gradually Reducing Rates Instead of Taking a Bigger Step in December

Forex - According to Boris Vujcic, a member of the ECB Governing Council and the Governor of the Croatian National Bank, the European Central Bank will continue t...

Stellantis and Tofaş Reassess Competitive Barriers in Turkey - Bloomberg News

According to a report, Stellantis NV's efforts to sell its distribution operations in Turkey to Tofaş (IS:TOASO) Türk Otomobil Fabrikası AŞ may revive following t...

BlackRock Anticipates Continued AI-Driven Stock Rally in the U.S.

BlackRock expressed that it expects the artificial intelligence boom to continue boosting U.S. equities over the next year and to support economic growth more bro...

Investment Mega Trends for 2025: Conflict, Energy, and Artificial Intelligence

Global financial consultancy and asset management firm deVere Group has highlighted three investment mega trends that will shape the economic landscape in 2025. T...

Bloomberg: Competition to Review Tofaş-Stellantis Decision

Forex - Sources speaking to Bloomberg indicated that the Competition Authority will review its decision following discussions between government officials and rep...

Seven & i Evaluates IPO of North American Units - Report

As an important move, it has been reported that Seven & i Holdings Co. is considering an initial public offering (IPO) for its market and gas station business in ...

Country Garden Faces Deepening Sales Decline Amid Debt Issues

Country Garden Holdings Co., a major Chinese real estate developer, is grappling with intensifying liquidity concerns as its sales in November continued to declin...

The Real Value of the Turkish Lira Continues to Rise

The Central Bank of the Republic of Turkey (CBRT) has announced the Real Effective Exchange Rate (REER) data for November. According to the reported figures, the ...

Novavax Sells Czech Facility to Novo Nordisk for $200 Million

American vaccine manufacturer Novavax announced a strategic move to optimize its operations by selling its production facility in the Czech Republic to Danish pha...

MARKET OVERVIEW - Spot electricity price reaches 2,693.38 TL/MWh

In the Day-Ahead Market (DAM) operated by the Energy Markets Operation Company (EPİAŞ), the arithmetic average of electricity consumption prices for December 5 wa...

France's Services PMI Declines Amid Political Concerns

According to a recent survey, political uncertainty in France is affecting the country's service sector. The HCOB France Services Purchasing Managers' Index (PMI)...

German Companies in China Report Record Low Business Environment

According to the German Chamber of Commerce in China, German companies operating in China are experiencing a record low business environment due to increasing com...

Eurozone Business Activity Contracted in November

In November, the Eurozone experienced a sharp decline in business activity; the significant contraction in the services sector added to the ongoing downturn obser...

OECD Lowers Germany's 2025 Growth Forecast Due to Political Issues

The Organization for Economic Cooperation and Development (OECD) has revised its economic growth forecast for Germany, lowering the previously predicted growth ra...

MARKET OVERVIEW - The reference price in the spot natural gas market reaches 12,412.36 TL

In the spot natural gas market, the reference price for 1,000 cubic meters of natural gas was 12,412.36 TRY yesterday. The previous day's natural gas price was 12...

BoE Governor Anticipates Gradual Rate Cuts Next Year

Bank of England (BoE) Governor Andrew Bailey indicated that a series of gradual interest rate cuts is likely to occur throughout the next year, noting that the de...

Sinpaş GYO Responds to Recent Media Reports

Sinpaş Gayrimenkul Yatırım Ortaklığı (SNGYO) published a statement to provide accurate information following news circulating in the public domain. The company sh...

Volkswagen CEO and Labor Representatives Clash at Staff Meeting

Volkswagen Group's CEO Oliver Blume faced worker representatives on Wednesday, defending significant cuts deemed necessary to counter the competitive threat from ...

Dollar Tree Earnings Beat Expectations at $0.05, Profits Surpass Forecasts

According to Dollar Tree's (NASDAQ: DLTR) report, earnings per share for the third quarter came in at $1.12, surpassing analysts' expectations of $1.07 by $0.05. ...

Will the Gold Rally Continue in 2025? Experts Weigh In!

Gold has begun to show a stagnant trend as of November, despite significant gains amid uncertainties and risks surrounding the global economy in 2024. The movemen...

Bolat: We Are Determined to Strengthen and Diversify Our Partnership with Our Friend and Brother Country, Turkmenistan

The Minister of Trade, Ömer Bolat, met with the Deputy Chairman of the Cabinet of Ministers of Turkmenistan, Nökergulı Ataguliyev, and his delegation.

In a stat...