Gensler, Known for His Tough Stance on Cryptos, Gives Signs of Departing SEC

Chairman of the U.S. Securities and Exchange Commission (SEC) Gary Gensler defended the agency's strict oversight policy toward the crypto sector in statements ma...

STOCK VALUATION - Deniz Investment Raises Target Price for TKFEN - Tekfen Holding from 47.3 TL to 64.4 TL, Maintains "Hold" Recommendation

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Producer Inflation in Agriculture Rises Again After Four-Month Hiatus

The producer price index for agricultural products (Agricultural PPI) increased by 35.46% year-on-year as of October 2024. In the same period, the monthly increas...

Citi Downgrades Copper Price Forecasts

Foreks - Citigroup has revised its forecasts for copper prices downward. Expecting copper prices to decline to the range of $8,500-$9,000 per ton by the end of th...

Borsa Istanbul Starts the Last Trading Day of the Week on a Positive Note: Which Stocks Stood Out at Opening?

The BIST 100 index started the day with a 0.29% increase at 9,447.70 points.

The BIST 100 rose by 1.29% in yesterday’s transactions, closing the day at 9,420.42 ...

Barclays Expects Lira to Continue Slowing Down in Value Decline Next Quarter

Foreks - Barclays reported that they expect the Turkish Lira to continue to depreciate at a slower pace than implied by futures contracts in the upcoming quarter....

Pennsylvania Plans to Adopt Bitcoin as State Reserve

Pennsylvania is taking steps to recognize Bitcoin as a part of the state treasury. According to reports, the Pennsylvania State Assembly has introduced a bill tit...

STOCK VALUATION - Halk Yatırım Maintains Target Price of 10.08 TL and "Buy" Recommendation for INDES - İndeks Bilgisayar

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Hungary's Orban: EU Must Reassess Sanctions Against Russia

Hungary's Prime Minister Viktor Orban stated that the European Union should reconsider its sanctions against Russia, as keeping energy prices high is obstructing ...

Saudi Arabia's Sovereign Wealth Fund Further Reduces Its Stake in Nintendo

Forex - Saudi Arabia's sovereign wealth fund has continued its sales of Nintendo shares that began in August. According to a report submitted to the Ministry of F...

Lila Kağıt CEO Ogücü: We Will Expand Our Target Markets with the Launch of Our Reel Paper Production in Erzurum by 2027

Foreks - Alp Öğücü, CEO of Lila Kağıt, one of the largest players in the cleaning paper sector with exports to over 80 countries across 5 continents, and Işıl Tir...

Global Ports Holding to Donate €250,000 to Valencia for Flood Disaster Relief

Following the earthquakes that affected 11 provinces in Turkey, Global Ports Holding has launched the "One World, One Community" project across all its ports, mak...

KPMG Hosts Sustainability Seminar at ATO

KPMG Turkey executives shared important insights about new developments and regulations awaiting companies in the field of sustainability at the seminar titled "R...

ABN Amro's Net Profit Surpasses Expectations

Forex - ABN Amro Bank reported a decrease in its net profit for the third quarter; however, it exceeded market expectations due to continued benefit from the high...

Title: Number of Paid Employees Rose by 0.2% Monthly and 2.7% Yearly in September

In September 2024, the number of paid employees in the industrial, construction, and trade-service sectors increased by 2.7% compared to the same month last year....

The Competition Authority's Budget Discussed in the Parliamentary Planning and Budget Commission

Forex - The discussions regarding the Proposal of the Central Administration Budget Law for the year 2025 and the Proposal of the Final Account Law for the year 2...

Private Sector's Total Foreign Debt Continues to Rise

As of the end of September, the total credit debt of the private sector sourced from abroad increased by $14.3 billion compared to the end of 2023, reaching $178....

Inveo Investment Holding Signs Partnership with DaVinci Energy Investments to Support Green Transition Projects

Foreks - Inveo Investment Holding (IS:INVEO), deepening its investment areas with a primary strategy of sustainable value creation, has entered into a significant...

Market Participants' Year-End Inflation Expectations Rise to 44.81%

In the Forex report, the market participants' year-end consumer price index (CPI) expectation has increased from 44.11% to 44.81%, according to the survey conduct...

Akenerji’s Net Profit Reaches 986 Million TL in Nine Months

Forex - Akenerji (IS:AKENR) announced a revenue of 18 billion TL and a net profit of 986 million TL in the first nine months of the year. During the same period, ...

Producer Prices of Agricultural Products Increased by 5.03% in October

In October 2024, the Producer Price Index (PPI) for Agriculture - Agriculture-UE (2020=100) saw an increase of 5.03% compared to the previous month, a 26.32% incr...