News

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06 Jan 2025 04:50

Market Outlook: Iron Ore Drops to Lowest Level in a Month as Metal Production Slows in China

Daily News

The iron ore futures contracts on Forex carried their decline into the second session due to a slowdown in hot metal production in China; however, strong economic...

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06 Jan 2025 04:45

XPeng Collaborates with Volkswagen to Build One of China's Largest Ultra-Fast Charging Networks

Daily News

Forex - Chinese car manufacturer XPeng is collaborating with Volkswagen China to build one of the largest super-fast charging networks for electric vehicles. Acco...

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06 Jan 2025 04:35

Czech Central Bank Urges Government to Balance the Budget

Daily News

Forex - The Governor of the Czech National Bank (CNB), Ales Michl, has called on the government to balance the budget in order to prevent a resurgence of inflatio...

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06 Jan 2025 04:35

Goldman Delays $3,000 Gold Price Prediction to Mid-2026

Daily News

Goldman Sachs has extended its year-end gold price forecast to $3,000 due to expectations that the Federal Reserve will make fewer interest rate cuts in 2025. The...

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06 Jan 2025 04:35

MARKET OUTLOOK - Goldman Predicts Further Easing of Monetary Policy by China's Central Bank This Year

Daily News

Goldman Sachs predicts that the People's Bank of China (PBoC) is likely to further ease its monetary policy in 2025. The assessment by Goldman analysts came after...

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06 Jan 2025 04:20

Inflation Rises in Thailand, Falling Within BoT's Target Range for the First Time in Six Months

Daily News

Forex - Thailand's inflation accelerated in the last month of 2024, exceeding the lower bound of the central bank's target range for the first time after staying ...

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05 Jan 2025 14:00

Title: "230.2 Million People Took to the Skies in 2024"

Daily News

Foreks - Minister of Transport and Infrastructure Abdulkadir Uraloğlu announced that airports served 230,224,611 passengers over the past year. Minister Uraloğlu ...

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05 Jan 2025 13:50

Foxconn Surpasses Expectations with Record Revenue in Q4 Driven by AI Demand

Daily News

Forex - Taiwan's Foxconn, the world's largest contract electronics manufacturer, reported its highest revenue to date in the fourth quarter, surpassing expectatio...

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05 Jan 2025 13:30

Foreign Brand Smartphone Sales in China Plunge by 47%

Daily News

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

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05 Jan 2025 13:25

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

Daily News

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...

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05 Jan 2025 09:35

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

Daily News

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...

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05 Jan 2025 07:25

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

Daily News

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...

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05 Jan 2025 06:15

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

Daily News

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...

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05 Jan 2025 05:35

Today's Official Gazette - January 5th

Daily News

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

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04 Jan 2025 10:05

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

Daily News

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 ...

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04 Jan 2025 10:00

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

Daily News

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...

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04 Jan 2025 07:15

Which Investment Tool Yielded the Highest Returns This Week?

Daily News

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...

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04 Jan 2025 06:45

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

Daily News

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

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04 Jan 2025 06:30

Anticipating a Surge in Gas Prices

Daily News

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 ...

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04 Jan 2025 05:30

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

Daily News

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...

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04 Jan 2025 05:10

CBRT Revises Reserve Requirement Regulations Based on Loan Growth

Daily News

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...

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