European Natural Gas Prices Hover Around €44 Amidst Uncertainty Over Ukraine Transit Route

European natural gas prices are trading just below €44 per megawatt hour after a significant increase in the previous session due to the uncertain future of Ukrai...

Supermarket Sales in Japan Increased by 3.5% in November

In November, following a decline in October, the sales of chain stores in Japan recovered. According to a statement by the Japan Chain Stores Association (JCSA), ...

Foxconn Halts Interest in Nissan Due to Potential Merger Talks with Honda - Report

Foxconn, the Taiwan-based iPhone manufacturer known as Hon Hai Precision Industry Co., has decided to halt its bid for Nissan Motor Co., according to Bloomberg Ne...

Despite Pressure from Trump and Musk, the House of Representatives Reintroduces Temporary Funding Plan

The House of Representatives, controlled by Republicans, rejected a temporary funding plan supported by President-elect Donald Trump on Thursday, just a little ov...

The Fund Amount for Employees in the Automatic Enrollment System Reaches 79.9 Billion TL

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Credit Card Count in Turkey Rises by 11% Annually, Reaching 128.9 Million

As of November 2024, the number of credit cards in Turkey increased by 11% compared to the same month last year, reaching 128.9 million. According to data release...

Erdogan: Israel Will Eventually Learn That International Law Applies to Them Too

Forex - President Recep Tayyip Erdoğan stated that Israel will learn sooner or later that international law binds them as well. President Erdoğan responded to jou...

Participants' Fund Amount in Individual Retirement Fund Reaches 996.8 Billion TL

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Novo Nordisk's Latest Data Causes Decline, While Lilly Soars

Novo Nordisk A/S, a Danish pharmaceutical company, experienced a significant decline in its stock after the results from its experimental obesity drug CagriSema f...

Kushner's Affinity Partners Raises $1.5 Billion and Extends Investment Fund Duration to 2029

Jared Kushner's investment firm, Affinity Partners, has secured an additional $1.5 billion in financing from the Qatar Investment Authority and Abu Dhabi-based as...

BlackRock's Bitcoin Supply Warning Sparks Debates in the Crypto Community

BlackRock (BLK), the world's largest asset manager, has released an advertisement promoting Bitcoin; however, the warning statement included in the ad has sparked...

The Number of Companies Established in November Sees Yearly Decline

According to the "Established and Closed Companies" statistics published by the Union of Chambers and Commodity Exchanges of Turkey (TOBB), the number of companie...

Rental Housing Market Awaits Salary Increases

The expectation of increases in the minimum wage, civil servant salaries, and pension payments across Turkey has created significant activity in the rental housin...

Holding Company in BIST Enters Insurance Sector with Latest Investment

Kiler Holding (KLRHO), through its group company Ekol Girişim Sermayesi Yatırım Ortaklığı, has acquired the operations of Generali Insurance in Turkey, marking it...

In 2023, the Trade Sector Boasted the Highest Share of Employment in SMEs

According to the statement made by the Turkish Statistical Institute (TÜİK), SMEs accounted for 99.7% of the total number of enterprises in 2023. In contrast, the...

Crypto Platform Attacks Surge 21% This Year, Reaching $2.2 Billion

According to a report by Chainalysis dated December 19, the amount of funds stolen from cryptocurrency platforms due to cyberattacks has increased by 21% compared...

While Bitcoin Spot ETFs Experience Outflows, Ethereum ETFs See Inflows

Forex - Cryptocurrency spot ETFs continue to attract investor interest. However, yesterday, Bitcoin spot ETFs experienced a total net outflow of $227 million, mar...

Lightning: We Signed a Memorandum of Understanding Establishing a Roadmap in Various Areas at the Turkey-Oman JEC Meeting

The Minister of Treasury and Finance, Mehmet Şimşek, stated that he signed a memorandum of understanding, which outlines a roadmap in various areas such as trade,...

Mastercard Joins Forces with Smart SME Platform

Foreks - Mastercard and Smart SMB have accelerated their concrete benefit-oriented projects by joining forces for the digital transformation of SMEs.
TOBB Presi...

"Risk Weighting Reduced for Certain Commercial Loans"

Forex - The Banking Regulation and Supervision Agency (BRSA) has reduced the risk weight for some commercial loans from 200% to a range of 20%-100%.

With this d...

ASELSAN Plans to Invest an Additional $30 Million in FLIR Production Facility Over the Next 3 Years

Foreks - ASELSAN announced plans to invest an additional $30 million in its FLIR production facility over the next three years.

The statement made to KAP read a...