Turkish Telecom Completes 250 Million TL Sukuk Issuance with Subsidiary TTNET

Foreks - TTNET, the subsidiary of Türk Telekom, Turkey's digital transformation leader, continues to take strategic steps towards capital markets in the fixed bro...

Astec Industries Reports Mixed Q3 Results with Steady Margins

Astec Industries (ASTE), a manufacturer of specialized industrial equipment for asphalt road construction, aggregate processing, and concrete production, has anno...

China's Central Government Budget Revenue Rises by 7.9%

Forex - China's Finance Minister Lan Foan stated that the central government's budget revenue in October increased by 7.9% year-on-year, reaching 1.07 trillion yu...

Vishay Intertechnology Earnings Call: Facing Challenges, Planning for Growth

Vishay Intertechnology, Inc. (NYSE: VSH) reported a third-quarter revenue of $735.4 million, remaining at the same level as the second quarter, despite facing cha...

Erdoğan: You Know My Approach, Inflation Will Fall Along with Interest Rates

Forex - President Erdoğan stated, "You know my approach. Hopefully, inflation will decrease along with interest rates."

President Recep Tayyip Erdoğan answered ...

Take-Two's Earnings Miss Expectations at $2.50, But Profits Surpass Forecasts

According to the Take-Two (NASDAQ: TTWO) report, earnings per share for the second quarter were -$2.08, which is $2.50 worse than analysts' expectations of $0.42....

China Approves 6 Trillion Yuan Plan to Assist Local Governments in Managing Debt Burden

Forex - China has approved a plan worth 6 trillion yuan to help local governments finance their debt burdens. Xu Hongcai, deputy head of the Finance and Economy C...

Novo Nordisk's Q3 2024 Earnings Preview: Strong Sales Growth

Novo Nordisk (NOVO-B.CO), a global healthcare company specializing in diabetes care, demonstrated strong performance in the third quarter of 2024. The company rec...

MARKET INSIGHT - Fair Value for the U.S. 10-Year Treasury Bond at 4.25%

Forex - Ashok Bhatia from Neuberger Berman stated that they estimate the fair value of 10-year U.S. Treasury bonds to yield around 4.25%, albeit within a wide ran...

Opet Named 'Brand with a Heart' for the 8th Time in the Industry

In the "Lovemark Turkey Research" prepared in collaboration with Mediacat Magazine and Ipsos, OPET was chosen as the "Brand Most Loved by Customers" in the fuel d...

Kacır: We Will Strive to Bring Leading Technology Brands to Turkey

Forex - The Minister of Industry and Technology, Mehmet Fatih Kacır, stated that they will continue to provide incentives for new technology investments to be mad...

Teknosa Launches Teknosanet for Consumers Through Online Channels

Foreks - Sabancı Holding's subsidiary Teknosa (IS:TKNSA) has added yet another first to its strides in the technology retail sector. With its mobile communication...

Market Outlook: OPEC+ Won't Start Increasing Production Until April 2025

According to BMI analysts, OPEC+ will have to further postpone the planned production increase to reduce the anticipated global supply surplus next year. OPEC and...

MARKET OVERVIEW - China's Fiscal Policy Announcement Disappoints

Allan von Mehren from Danske Bank argued that China's announcement regarding its fiscal policy was disappointing. China introduced a 6 trillion yuan local governm...

Trump's Election Did Not Alter Expectations for a 25 Basis Point Rate Cut from the Fed Today

Forex - The election of Donald Trump as the 47th president of the United States did not alter market expectations that the Fed will cut interest rates by 25 basis...

China's Exports Surpass Expectations by a Wide Margin

Foreks - China's exports accelerated in October, exceeding expectations with a year-on-year increase of 12.7%. During the same period, imports also slowed more th...

Ethereum Foundation Reveals Massive Crypto Portfolio as ETH Continues to Climb

The Ethereum Foundation announced in its 2024 financial report that it holds nearly all of its $788.7 million in cryptocurrency assets in Ethereum (ETH). The foun...

Coalition Government Collapses in Germany, Scholz Sets the Stage for Early Elections

Foreks - Germany's three-party coalition collapsed on Wednesday evening following Prime Minister Olaf Scholz's announcement that he would dismiss Finance Minister...

YEO and SEP Make a €65.8 Million Energy Investment in Romania

Foreks - YEO Technology accelerates renewable energy investments in Romania. With two solar power plant projects in Romania and working on new projects, YEO Techn...

In Japan, Inflation-Adjusted Wages Decline for Second Consecutive Month

In Japan, inflation-adjusted wages decreased again in September following a decline in August. According to data from the Ministry of Labor, real wages fell by 0....

Codelco's Copper Production in Chile Rises in September

Forexl - The Chilean Copper Commission (Cochilco) announced that the production of Chile's state-owned copper giant increased by 5.2% year-on-year in September, r...