Political Crisis Deepens in Korea: Acting President Dismissed; KOSPI Tumbles

Investing.com -- The political crisis in Korea deepened today as the parliament ousted the acting president Han Duck-soo. This development came just two weeks aft...

Germany's Employment Hits New Heights in 2024

According to the German Federal Statistical Office (Destatis), in 2024, approximately 46.1 million people are employed in Germany on an annual average, marking th...

Turkey Investigates Steel Imports from China and South Korea, Morgan Stanley Weighs In

Turkey has initiated an antidumping investigation into the import of certain steel products from China and South Korea. The investigation, which will examine the ...

Passenger Car Sales in China Expected to Grow by 2% in 2025

Foreks - Despite better-than-expected vehicle sales results in China for 2024, uncertainties overshadow the beginning of 2025. According to Cui Dongshu, Secretary...

Oil Prices Stabilize Ahead of the New Year

In the forex market, where weak trading volume prevails ahead of the new year, oil prices are trading sideways. Currently, the ICE futures for Brent crude oil hav...

The Environmental Impact Assessment Process for Çimsa's Kaolin Quarry Capacity Expansion and Crushing-Sieving Facility Project Has Begun

The Environmental Impact Assessment (EIA) process has begun for the Kaolin Quarry Capacity Increase and Crushing-Screening Facility project planned by Çimsa.

In...

Natural Gas Prices in Europe Near One-Month Highs

Forex - European natural gas prices are trading close to their highest levels this month due to storage levels depleting faster than normal and the impending expi...

Key Appointments at Kuwait Türk

Kuveyt Türk has made senior appointments at the management level. Semih Sel has been appointed as the Deputy General Manager of Human Resources and Strategy, Dr. ...

Oba Pasta Launches New Product Packaging for Consumer Appreciation

Oba Makarna, which produces the finest and most delicious pasta in Turkey from the fertile wheat of Anatolia, has introduced its new product packaging to consumer...

Portugal and Ireland Poised to Become First Eurozone Members to Issue Bonds This Year

Forex - Magnus Poulsen from Danske Bank stated that Ireland and Portugal are generally the first to enter the market in the Eurozone, and this trend may continue ...

Nissan Stocks Decline Due to Unfavorable Terms of Honda Agreement

Nissan Motor shares fell again on Monday, experiencing a 13% loss over two days due to concerns that the proposed holding company agreement with Honda Motor Co. c...

Istanbul Manufacturing PMI Signals Slowdown at Lowest Rate in 8 Months, Yet Remains Mild

Foreks - The Istanbul Chamber of Industry's Turkey Manufacturing PMI rose to 49.1 in December, indicating that the slowdown in the manufacturing sector occurred a...

European Natural Gas Prices Approach Monthly High Amid Rapid Storage Depletion and End of Ukraine-Russia Agreement

Investing.com -- European natural gas prices are approaching their highest levels of the month due to faster-than-normal depletion of storage levels and the impen...

Astor Energy Secures Investment Incentive Certificate for New Production Facility Set to Launch in 2025

Foreks - Astor Enerji (IS:ASTOR) has received an investment incentive certificate for its new production facility, which will commence operations in 2025.

Accor...

Turkish Lira Declines Following Erdoğan's Interest Rate Statements

Investing.com -- The Turkish lira drew attention on Monday as the worst-performing currency among emerging market currencies. This situation arose as a result of ...

Bloomberg HT Consumer Confidence Index Reaches a High of 78.00 in 2024

The Bloomberg HT Consumer Confidence Index increased by 8.35% in December, reaching a value of 78.00, the highest level for 2024, compared to the final index of t...

Novartis' Experimental Drug Shows Improvement in Spinal Muscular Atrophy

Investing.com -- Novartis AG reported that its new experimental drugs improved motor functions in children suffering from a form of spinal muscular atrophy in an ...

TURKICEMENT/Yucelik: We Believe Reducing Clinker Use in Cement Production is a Significant Project

In a statement regarding the "Regulation on the Promotion of Green Cement Usage," Fatih Yücelik, the Chairman of the Board of Türkçimento, expressed, "We are very...

Significant Statement from Mehmet Şimşek on Fuel and Tobacco Taxation

The Minister of Treasury and Finance, Mehmet Şimşek, emphasized the commitment to fight against inflation in his recent statement. He recalled that inflation was ...

YEO Technology Signs Service Agreement with Finland-Based Energy Company

Foreks - YEO Technology has signed a contract for the supply, installation, testing, and commissioning of a 15 MWh Battery Energy Storage System (BESS), Power Con...

Decreasing Risk Appetite in the Bitcoin Market

Coin Engineer - Bitcoin has lost 13.7% of its value in the last 12 days, causing the fear and risk appetite index to reach its lowest level since October 15.

Ris...