Singapore Sees Fastest Surge in Housing Prices in a Year by Q4 2024

Foreks - Singapore's residential property prices have rebounded in the fourth quarter of 2024 after experiencing a decline for the first time in over a year, infl...

S&P 500 Surges in 2024 Despite a Weak Fourth Quarter

Forex - The S&P 500 Index rose in 2024 despite a weaker fourth quarter on Wall Street. The S&P recorded a 10.2% increase in the first quarter of the year, followe...

Investors Return from Vacation and Optimism in China's Economy Boosts Oil Prices

Forex - Investors returning from vacation and optimism about the Chinese economy boosted oil prices on the first trading day of 2025. The price of Brent crude oil...

Mubadala Becomes the World’s Most Active Sovereign Wealth Fund in 2024, Surpassing PIF

Forex - Abu Dhabi's sovereign wealth fund Mubadala Investment Co. outpaced Saudi Arabia's Public Investment Fund (PIF) in the ranking of the world's most active a...

BYD Narrows the Gap with Tesla in the Race to Become the Best-Selling Electric Vehicle Manufacturer

Forex - Chinese BYD increased its total sales to 4.25 million passenger cars last year, narrowing the gap with Tesla, which is competing to be the top-selling ele...

LNG Prices in Asia Set to Rise as Russian Gas Flow Through Ukraine Ends

The cessation of Russian natural gas flow to Europe via Ukraine is expected to drive up LNG prices in Asia. Expectations of halted Russian gas supplies have incre...

Yuan Hits Lowest Level Against Dollar Since November 2023 in China

Forex - In China's domestic market, the yuan fell to nearly a 14-month low against the US dollar this morning, reaching a level of 7.3382. Before the market opene...

End of an Era: 50-Year Gas Transit Agreement Between Russia and Ukraine Concludes, Halting Gas Flow to Europe

Forex - A 50-year transit agreement for the flow of Russian gas through Ukraine to Europe has ended amid the Russia-Ukraine conflict. Following Ukraine's refusal ...

The Default Interest Rate for Late Payments in Goods and Services Supply Set at 53.25%

In the context of overdue payments made to creditors in the supply of goods and services, the default interest rate, when not specified in the contract or when re...

ECB/Lagarde: 2024 Will Be a Dynamic Year, and 2025 Seems Just as Exciting!

Forex - European Central Bank (ECB) President Christine Lagarde stated, "2024 will be a dynamic year, and 2025 seems to be at least as exciting," expressing hope ...

Private Sector Indicator for Manufacturing Activity in China Rises Again

The private sector indicator for China's manufacturing sector showed that manufacturing continued to expand in December, but at a slower pace, and that recent sti...

Title: "279.4 Million People Utilized Railways in 2024"

Transportation and Infrastructure Minister Abdulkadir Uraloğlu announced that 279 million 426 thousand 382 citizens benefited from high-speed, mainline, and regio...

The Number of T10X Vehicles on Turkish Roads Reaches 49,676

Foreks - Togg, the global technology brand providing services in the mobility sector in Turkey, introduced 30,093 T10X vehicles to its users in 2024, in line with...

Retail Prices in Istanbul Rose by 1.74% in December

In December 2024, in Istanbul, the Istanbul Consumer Prices Index, which reflects retail price movements, increased by 1.74% compared to the previous month. The W...

TANKER REPORT - The Bosphorus Strait to Open for One-Way Passage Starting at 12:40 PM

Due to reduced visibility caused by fog, the Istanbul Strait, which had been closed to transit passages, will be reopened for one-way traffic in the afternoon. As...

Turk Telekom CEO Onal: "We're Bringing Fiber Speed to Every Corner of Turkey"

Foreks - Türk Telekom, which continues fiber infrastructure works throughout Turkey to build a digital future, welcomed the new year with field operations carried...

Weekly API Crude Oil and Petroleum Products Stocks in the U.S.

Forex -

API Stocks
Net Change
(Barrel)

Date
Oil
Gasoline
Distillates

December 27, 2024
-1,442,000
2,200,000
5,700,000

December 20, 202...

Palandöken: The Retail Sector Must Be Updated Without Delay

Foreks - The President of TESK, Bendevi Palandöken, expressed hopes that the new year will be a year of growth and development for tradespeople and artisans, stat...

Nippon Steel Proposes Veto Right to U.S. Government to Secure Acquisition of U.S. Steel - Washington Post

Investing.com -- According to reports, Nippon Steel proposed granting the U.S. government a veto right against any reduction in U.S. Steel's production capacity i...

Treasury to Issue Guidance on Access to Hydrogen Tax Credits - Reuters

The U.S. Department of the Treasury plans to issue guidance this weekend regarding access to tax credits for hydrogen production as part of the 2022 Inflation Red...

Amazon Faces Class Action Over Allegations of $350 Million Misuse of 401(k) Funds

Investing.com -- Amazon (NASDAQ:AMZN).com is facing a proposed class action lawsuit for allegedly misusing approximately $350 million in unvested 401(k) funds in ...