Glencore and Chandra to Supply 20% of Shell's Refinery Production

As a strategic move, Glencore and Chandra Asri have established a new business unit to manage the Shell Singapore refinery they acquired. The joint venture, named...

Trump Seeks Guarantees on Tariff Policies from Treasury Secretary Candidates

In the U.S., advisors to elected President Donald Trump told the Financial Times that they are seeking assurances from top Treasury Secretary candidates that they...

German BioNTech Acquires Chinese Biotechnology Firm Biotheus

German BioNTech (NASDAQ:BNTX) will acquire the Chinese biotechnology company Biotheus for approximately $1 billion.

Country Garden Presents Offshore Debt Restructuring Plan to Creditors

According to information provided by five knowledgeable sources to Reuters, while a debt-laden Chinese real estate developer is attempting to avoid liquidation, C...

Gold and Silver Market Sees Transactions of 1,194 kg of Gold and 3,511 kg of Silver Today

Forex -

Goldman Sachs Maintains Expectation for Gold Prices to Hit Record Levels

According to Goldman Sachs, gold is expected to reach record levels next year due to central bank purchases and interest rate cuts in the U.S. Goldman Sachs ranks...

New Milestone for Bitcoin: Surpassing $91,000

Bitcoin reached a new record level after the release of U.S. inflation data while moving horizontally in the range of $86,000 to $88,000 throughout the day.

The ...

Fed/Collins: Economic Uncertainty Limits Guidance the Fed Can Provide

Boston Fed President Susan Collins stated that uncertainty regarding the economic outlook limits the guidance that can be provided on the direction of monetary po...

Which Stocks Gained the Most on Borsa Istanbul Today?

The BIST 100 continued its upward trend with positive momentum today.

The BIST 100 index is currently at around 9,370 points, reflecting an increase of approxima...

MARKET OUTLOOK - Removal of Refunds May Raise Global Costs of Chinese Aluminum

Foreks - ING analysts have reported that China's cancellation of export tax reductions on products such as aluminum and copper could lead to a shift in trade dyna...

Market Summary Insights

Forex -

Summary Information on Markets

• November 13, 2024 -

Borsa Istanbul Equity Market

BIST 100 Index Closing 9,300.30

BIST 100 Daily Change 73.45

BIST ...

G20 Leaders to Convene Today in Brazil

Forex - G20 leaders will meet today in Brazil to discuss combating poverty, increasing climate financing, and other multilateral initiatives that could be disrupt...

Market Outlook: Stocks Finish the Day with Gains

Foreks - The BIST 100 index closed the day with an increase of 73.44 points at 9300.3. According to the Foreks News survey, a decrease of 88.69 points was expecte...

Goldman Sachs Lowers Its Recommendation for Hong Kong Stocks

Goldman Sachs analysts have downgraded their market recommendations, noting that while Hong Kong stocks appear cheap, they may miss out on the benefits of China's...

Fed/Logan: Caution Required on Interest Rate Cuts

Foreks - Dallas Fed President Lorie Logan stated that the U.S. central bank should exercise caution regarding further interest rate cuts to avoid inadvertently re...

Richmond Fed President Barkin Predicts Inflation Will Decline Next Year

Forex - Richmond Fed President Tom Barkin stated that he expects inflation to continue to decrease over the next year and implied that the pace of interest rate c...

Rail Traffic Volume in the U.S. Rises by 4.5%

Foreks - The total volume of rail transportation in the United States increased by 4.5% in the week ending November 9 compared to the same week last year. Accordi...

Core Machinery Orders in Japan Unexpectedly Plummet

Forex - Japan's core machine orders unexpectedly fell in September compared to the previous month. Orders were expected to grow in this quarter of the year.

In ...

Cisco Earnings Beat Expectations at $0.04, Profit Surpasses Estimates

According to Cisco's (NASDAQ: CSCO) report, the earnings per share for the first quarter was $0.91, which is $0.04 better than analysts’ expectations of $0.87. Th...

Fed/Collins: Economic Outlook Uncertainty Limits Fed's Guiding Ability

Boston Fed President Susan Collins stated that uncertainty regarding the economic outlook limits the kind of guidance that can be provided concerning the outlook ...

Apple Faces £3 Billion 'iCloud Monopoly' Compensation Claim in the UK

Forex - In the UK, the consumer rights group 'Which?' has filed a lawsuit against Apple (NASDAQ:AAPL) on behalf of approximately 40 million users of the iCloud cl...