TUIK Report: Turkey's Per Capita GDP is 28% Below the EU Average

The Turkish Statistical Institute (TÜİK) has announced the provisional results for the 2023 Purchasing Power Parity (PPP). According to results published by the E...

BofA Maintains Optimistic Outlook on GBP/CHF for 2025

Bank of America (BofA) reiterated its positive outlook that the British Pound (GBP) will rise to 1.20 against the Swiss Franc (CHF) by mid-2025. The firm's foreca...

Forex News: BIST100 Closing Prediction Survey Results Are In

In a survey conducted by analysts, the median forecast for the closing difference of the BIST100 index was -38.7 points, while the average forecast was -31.32 poi...

Average Weekly Earnings in the UK Surged Above Expectations in October

In the United Kingdom, average weekly earnings data for October showed a significant increase, surpassing expectations. In the three-month period ending in Octobe...

Akbank Mobile Unveils the World of "Mobilin Akbanklısı" to Its Customers

Foreks - Akbank (IS:AKBNK) Mobile introduces the world of "Mobilin Akbanklısı" to its customers. This brand new world elevates the banking experience with exclusi...

Gönül: The CMB Has No Plans Regarding a 10% Margin on the Stock Exchange

Forex - The head of the Capital Markets Board stated that there are no plans to change the daily trading margin of 10% on the stock exchange.

Sandoz Resolves U.S. Antitrust Case for $275 Million

Sandoz, a division of Novartis (SIX:SDZ), has reached a settlement agreement of $275 million with the end-payor plaintiffs in the Generic Drug Antitrust Class Act...

"Alibaba Sells Stake in Intime: Seen as a 'Strategic Move'"

Alibaba Group Holding Limited (NYSE:BABA) shares exhibited volatility during today's trading session following the company's announcement that it has agreed to se...

Indivior Appoints New Board Members as CFO Steps Down; Shares Decline

Indivior PLC shares fell by 4.5% following the announcement of changes to its Board of Directors and the resignation of the company's CFO. The company announced t...

BofA Foresees a Stronger Phase for Nordic Economies in 2025

Bank of America (BofA) has published its "Nordic Countries Year Ahead" report, outlining expectations for internal economic recovery and gradual monetary policy a...

Private Sector's Foreign Borrowing Reaches $177.7 Billion

According to the data published by the Central Bank of the Republic of Turkey for October 2023, the total external credit debt of the private sector reached $177....

MARKET OVERVIEW - The reference price in the spot natural gas market is set at 12,466.86 TL

In the spot natural gas market, the reference price for one thousand cubic meters was 12,466.86 TL yesterday. The price of natural gas was at 12,445.36 TL the pre...

How Will the Fed's Decision Impact the Dollar's Trajectory? Which Scenarios are Emerging?

According to analysts at Bank of America, even if the Fed sends messages indicating a slowdown in the pace of interest rate cuts, significant movement in the doll...

Ethena Labs Launches BlackRock-Backed Stable Cryptocurrency

Ethena Labs has launched a new stable cryptocurrency, USDtb, supported by BlackRock's BUIDL fund. On its first day, USDtb locked in a total value of $65.4 million...

Global Crypto Exchange Licensed in El Salvador Expands into Latin America

Global crypto exchange Bitget has strengthened its presence in El Salvador by obtaining a Bitcoin Service Provider (BSP) license. This license allows Bitget to of...

Stellantis to Unveil New Mass-Market Model as Part of Italian Production Plan - Reuters

Investing.com -- According to a report based on sources from Reuters, Stellantis, the parent company of Fiat and Alfa Romeo, is preparing to announce a new mass-m...

Blue Owl Considers Creating Industry Giant by Merging Portfolio Companies - Financial Times

According to a report based on four sources familiar with the matter, billionaire dealmaker Michael Rees is exploring the possibility of merging three to five com...

EVgo Shares Plunge Due to Underpricing in Secondary Offering

Investing.com -- Shares of electric vehicle charging company EVgo (NASDAQ:EVGO) fell approximately 20% in pre-market trading today after the company priced its se...

42.5 Billion TL Transaction Volume Achieved in the Central Bank Money Market

In the Forex - Takasbank Money Market, a transaction volume of 42,536,894,000 TL was realized today. In dollar terms, it amounted to 1,218,874,564.

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Russia's Seaborne Crude Oil Shipments Plummet by 11% Due to Terminal Maintenance

Investing.com -- Russia's maritime crude oil shipments have experienced a decline of approximately 11% since October due to maintenance work at one of the country...

Germany's Leading Chancellor Candidate Proposes $105 Billion Social Spending Cuts

Investing.com -- The leading conservative candidate for the elections in Germany scheduled for February has proposed cuts of 100 billion euros ($105 billion) in m...