Pfizer Ends Global Partnership with Sangamo, Shares Plummet 27%

Sangamo's shares fell by approximately 27% in response to Pfizer's decision to terminate the global collaboration and licensing agreement between the two companie...

U.S. Unemployment Claims Fall to Lowest Level in Eight Months

In the United States, jobless claims unexpectedly fell last week, reaching their lowest level in eight months. According to data from the Department of Labor, ini...

China-Backed Actor Hacks U.S. Treasury Department

Investing.com -- According to an announcement made by the Biden administration on Monday, the U.S. Treasury Department has recently been hacked by a China-backed ...

Memecoins and Crypto Stocks Kick Off 2025 with a Bang: A Bullish Breeze Sweeps Through the Markets

The cryptocurrency market made a remarkable start to 2025, showcasing an impressive upward trend. According to recent data, the total market capitalization of art...

Weekly Steel Production Declines in the U.S.

Foreks - Raw steel production in the U.S. showed a decline on a weekly basis. According to data released by the American Iron and Steel Institute (AISI), raw stee...

In the Precious Metals Market, 578 kg of Gold and 1,347 kg of Silver Were Traded Today

Forex -

Natural Gas Prices Surge 16% in the U.S. Amid Expectations of Colder January Weather

Foreks - U.S. futures natural gas prices rose on Monday, reaching a 52-week high, following a report indicating colder-than-normal temperatures for January. An up...

Kacır: We Are Launching a Digital Academy Independent of Time and Space

Foreks - The Minister of Industry and Technology, Mehmet Fatih Kacır, stated that they have taken a new and significant step to expand the pool of qualified human...

Fed/Daly: Cryptocurrency is Not an Asset Like Gold

According to San Francisco Fed President Mary Daly, cryptocurrency should be seen as its own asset class and should not be equated with gold as often assumed. In ...

Turkey Insurance Wins Silver PSM Award for Innovative Customer Engagement and Experience

Foreks - Türkiye Sigorta (IS:TURSG) received the Silver PSM Award in the Innovative Customer Engagement and Experience category. The Mastercard PSM Awards 2024: ...

Manufacturing Sector Activities in China Continue to Grow, albeit at a Slower Pace

According to the National Bureau of Statistics of China, the country's manufacturing sector activities are expected to grow at a slower pace by the end of 2024, w...

MARKET OUTLOOK - USD/CNY Expected to Rise to 7.55 by Year-End

Forex - RBC Capital Markets strategist Alvin Tan stated that the Chinese yuan is expected to face a challenging year given China's weak economic outlook. "The Chi...

IMF Executive Board to Review Argentina's $44 Billion Aid Program Next Month

Forex - The International Monetary Fund (IMF) Executive Board is expected to review Argentina's current $44 billion assistance program next month. For Argentina, ...

Apple Settles Siri Privacy Lawsuit for $95 Million

Investing.com -- Apple (NASDAQ:AAPL) has agreed to a $95 million cash settlement in a class action lawsuit claiming that the tech giant’s voice-activated assistan...

NYSE and Nasdaq to Close on January 9th in Remembrance of Former Chairman Carter

Forex - The U.S. stock and options markets will be closed on January 9th due to the declaration of a National Day of Mourning for former President Jimmy Carter, w...

Which Stocks Gained the Most on Borsa Istanbul Today?

The BIST 100 index moved with upward momentum throughout the day following volatility in the early hours. After a positive opening, the BIST 100 quickly rose towa...

Daily Meal Allowance Set at 264 TL Including VAT Starting January 1, 2025

In 2024, the daily meal allowance, including VAT, is set at 187 TL, with the income tax exemption amount determined for 2025 being 264 TL, which is an increase of...

Market Outlook: Stock Exchange Wraps Up First Trading Day of the Year with a Surge in Purchases

The BIST 100 index closed the day at 9961.34 points, increasing by 130.78 points. According to the Foreks News poll, the BIST 100 index was expected to close with...

Tofaş to Halt Production from January 2-14 for Inventory Counting and Planned Maintenance Activities

Tofaş (IS:TOASO) will temporarily halt production at its Bursa factory from January 2 to January 14, 2025, for inventory counting and planned maintenance activiti...

Summary of Market Insights

Forex -

Summary Information on Markets

• January 2, 2025 -

Borsa Istanbul Equity Market

BIST 100 Index Closing 9,961.34

BIST 100 Daily Change 130.79

BIST 1...

Hang Seng Index Sees First Annual Rise Since 2019 in Hong Kong

Forex - The Hang Seng Index in Hong Kong has risen on an annual basis for the first time since 2019. The Hang Seng Index increased by 18% in 2024.
The index cl...