Citibank Maintains 2025 Target for S&P 500 at 6500, Signals AI Tailwinds

Citibank analysts have expressed a positive outlook for U.S. equities, setting a base case target of 6500 for the S&P 500 by 2025. This projection is based on exp...

11 Properties Owned by Sümer Holding Listed for Sale Across 9 Provinces

The General Directorate of the Privatization Administration of the Ministry of Treasury and Finance has put 11 properties located in 9 provinces up for sale. The ...

Airbus Misses 2024 Delivery Target

Investing.com -- European aircraft manufacturer Airbus SE narrowly missed its annual target by delivering approximately 760 aircraft in 2024. This outcome followe...

Asian-Pacific Markets Mostly Decline After China's Manufacturing Growth Falls Short of Expectations

Forex - Asia-Pacific markets largely declined on the last trading day of the year as investors assessed China's manufacturing growth, which fell short of expectat...

Kosmos Energy Stock Soars with Greater Tortue Ahmeyim Gas Production

Investing.com -- Kosmos Energy Ltd. (NYSE:KOS) shares rose by 9% on Thursday following the company's announcement that it has commenced the first gas production i...

Syria's New Leaders Appoint a Woman to Head the Central Bank

Forex - Syria's new leaders have appointed a woman to head the country's central bank. Government spokespersons confirmed on Monday that Maysaa Sabrine, who serve...

Meta Platforms Appoints Joel Kaplan as Head of Global Relations

Investing.com -- Technology giant Meta Platforms (NASDAQ:META) has announced the appointment of noted Republican Joel Kaplan as its new global relations head. Kap...

Brazilian Steelmaker CSN Acquires 70% Stake in Estrela

CSN, the Brazilian steel producer, is acquiring 70% of Estrela, a company from logistics operator Grupo Tora. CSN signed a contract to purchase the Estrela shares...

Chinese Hackers Breach U.S. Treasury Department's Computers

Investing.com -- State-backed hackers from China have reportedly breached the computers of senior officials at the U.S. Department of Treasury. This significant s...

Google/Pichai: AI Model Gemini Will Be the Company's 'Major Focus' in 2025

Forex - Google (NASDAQ: GOOGL) CEO Sundar Pichai reportedly informed Google employees that 2025 will be a "critical" year for the company.

According to CNBC, Pi...

Resources Connection Shares Surge as Earnings Expectations Exceed

NEW YORK - Resources Connection, Inc. (NASDAQ:RGP) saw a 5% increase in its shares as its second-quarter results for the fiscal year 2025 exceeded expectations, d...

China's Central Bank to Organize Second Round of Clearing for Securities, Funds, and Insurance Companies in the Near Future

Forex - The People's Bank of China will conduct a second settlement for securities, fund, and insurance companies in the near future. The PBOC has expanded the in...

JFrog Shares Rise After Barclays’ Price Upgrade Note

JFrog Ltd. (NASDAQ:FROG) shares rose 6.5% today after Barclays analyst Ryan MacWilliams drew attention to recent price increases in the company's self-hosted Pro ...

TÜDKİYEB President Çelik: Pasture Improvement in the GAP Region Spread Across 50,000 Decares Will Positively Impact Livestock Numbers

Foreks - Nihat Çelik, the President of the Central Union of Sheep and Goat Breeders in Turkey (TÜDKİYEB), stated that the GAP Action Plan for the 2024-2028 period...

Citadel's Clients Hold Onto Their Gains Despite Optional Distribution Offer

Investing.com -- The highly strategic hedge fund Citadel recently offered its clients the opportunity to cash out their profits following a successful year. Howev...

Credit and Debit Card Spending in the UK Shows Minimal Growth in 2024

According to a report by Barclays tracking card transactions, credit and debit card spending in the UK saw negligible growth in 2024 as cautious consumers indulge...

China Set to Close the Year with 5% Growth

According to President Xi Jinping, China's economic growth is expected to be around 5% for the entirety of 2024, indicating that the world's second-largest econom...

SAMEKS Index Wraps Up the Year with a Positive Outlook

In December, the SAMEKS, which last recorded an increase in June, once again surpassed the reference value, closing the year with a positive outlook.

The statem...

MARKET OUTLOOK - Deflationary Pressures Persist in China

Foreks - UOB economist Ho Woei Chen reported that deflationary pressures continued in China in December, despite the expansion of economic activity. Ho stated tha...

STOCK VALUATION - ICBC Investment Excludes Anadolu Efes from its Model Portfolio

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Stournaras Anticipates 100 Basis Points Rate Cut from ECB by Autumn

Forex - Yannis Stournaras, a member of the European Central Bank's Governing Council and the Governor of the Bank of Greece, stated that he expects the ECB's main...