BoE Chief Expects Four Rate Cuts Next Year as Inflation Tapers Off - FT

Andrew Bailey, welcoming the recent decrease in inflation, stated on Wednesday that the Bank of England expects to make four interest rate cuts next year, provide...

BoE/Bailey: Continuation of Interest Rate Cuts Likely into Next Year

Forex - Andrew Bailey, the Governor of the Bank of England (BoE), reiterated that gradual interest rate cuts are possible next year and added that the process of ...

OECD: Turkey's Growth Expected to Slow Due to Implemented Macroeconomic Stability Policies

Forex - The OECD has reported in its "Economic Outlook" published today that due to the macroeconomic stability policies implemented by Turkey slowing domestic de...

LC Waikiki is Advancing Its Digital Transformation Vision by Establishing a Technology-Focused Company

Foreks - LC Waikiki, one of Turkey's leading fashion retail companies, is taking a new step in its digital transformation journey by establishing a technology-foc...

Eurozone Economy Slips Back into Contraction

According to the latest HCOB PMI survey data, the Eurozone economy has started to contract again in the penultimate month of 2024. After stabilizing in October, b...

Germany's Service Sector Activity Contracts for the First Time in 9 Months

Forex - Germany's service sector experienced a decline in commercial activities in November for the first time in nine months, as the deterioration of demand cond...

Historic Plunge in Bitcoin Reserves: Could Supply Shortage Propel Prices Up?

According to CryptoQuant data, Bitcoin reserves on cryptocurrency exchanges have declined to their lowest levels in recent years. This drop coincides with the bul...

Sandoz Announces $80 Million Capital Increase for Investments in Turkey

Sandoz (SIX:SDZ), a company listed on the Swiss stock exchange and operating independently since October 2023, announced a capital increase of $80 million (2 bill...

China Bans Export of Key Microchip Components to the U.S.

A ban indicates Beijing's intention to engage in a supply chain war by restricting the export of critical components used to manufacture valuable products such as...

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...

The Environmental Impact Assessment Report for Koza Gold's Çukuralan Gold Mine Crushing and Screening Facility Project Is Now Open for Discussion

The Environmental Impact Assessment (EIA) Report for the Çukuralan Gold Mine Crushing and Screening Plant project planned by Koza Gold (IS:KOZAL) has been opened ...

Related Digital: E-Commerce Sector Breaks Records in November

Forex - Black Friday and 11.11 Single’s Day campaigns created a profitable period for brands and consumers. The campaign period, led by cosmetic and electronic pr...

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...

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...

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...