UBS: Gold Set to Reach $2,900 by the End of 2025

According to UBS Group AG, gold is expected to rise to $2,900 per ounce by the end of next year. UBS analysts, including Levi Spry and Lachlan Shaw, mentioned tha...

Polish Presidential Candidate Takes cues from Trump: Mentzen Promises Bitcoin Reserves

Slawomir Mentzen, preparing for the presidential elections in Poland, announced that he would create a Bitcoin reserve if elected. He stated that he shaped this s...

"Claim That Hospital Defrauding SGK Sponsored Erdoğan's US Trip Denied"

The Disinformation Combat Center (DMM) stated that the claim spreading in various media outlets and on social media, stating "The hospital defrauding SGK was a sp...

The First Meeting of the Turkey-Iraq JETCO Mechanism to be Held in Istanbul in December

The first meeting of the Turkey-Iraq JETCO mechanism will be held in Istanbul in December. The Minister of Trade, Ömer Bolat, stated via his X account, "We are in...

Wages in Germany Experience Strongest Surge in 30 Years

According to the Bundesbank, Germany recorded the strongest wage growth in over thirty years in the third quarter, despite the economy slipping into stagnation. I...

OBASE Achieves Significant Efficiency Gains in BELTUR's Food and Beverage Operations

Foreks - OBASE (IS:OBASE) has achieved significant efficiency improvements in BELTUR's food and beverage operations through a digital transformation project. OBAS...

Istanbul Stock Exchange Kicks Off the Day with Gains: Which Stocks Took the Lead at Opening?

The BIST 100 index started the day with a 0.43% increase at 9,272.75 points.

The BIST 100 index closed at 9,232.90 points, down 1.73% in yesterday's trading. The...

Renewal Deadline for Old-Style Driver's Licenses Extended to July 31, 2025

The renewal period for old-type driver's licenses has been extended until July 31, 2025. Interior Minister Ali Yerlikaya stated that they have extended the renewa...

Ministry of Trade Introduces Mandatory Weight Information on Menus

The Ministry of Commerce has introduced a requirement for menu weight information for döner, İskender, and hamburger products in the food and beverage sector. Acc...

Binance Turkey Increases Paid Capital to 400 Million TL

Foreks - Turkey's leading cryptocurrency platform, Binance Turkey, announced that it has increased its paid-in capital to 400 million Turkish Liras as of November...

Iceland's Central Bank Continues Rate Cuts with a 50 Basis Point Reduction

Foreks - The Central Bank of Iceland (SI) continued to reduce interest rates, increasing the size of the cut to 50 basis points. According to a statement from SI,...

CBRT Announces Market Opened with Reserves of 1,940,890.50 Million TL

Forex - The Central Bank of the Republic of Turkey (CBRT) announced today that the market opened with reserves of 1,940,890.50 million TL. According to the data r...

Fed's Rate Cuts Will Trigger a $2 Trillion Exodus from Money Market Funds

Forex - Torsten Slok from Apollo stated that the Fed's easing cycle will trigger a significant outflow from money market funds. The firm's chief economist noted t...

The First UTTS Installation in Turkey Has Been Completed

The first installation of the National Vehicle Identification System, which will prevent tax losses in fuel, has been completed. The Ministry of Treasury and Fina...

Ministry of Trade Imposes Mandatory Disclosure of Grana Information on Menus

The Ministry of Trade has imposed a requirement to provide weight information on döner, İskender, and hamburger products in the food and beverage sector. Accordin...

European Energy Companies Make a Comeback as Major Players in Oil and Gas

Forex - Approximately five years ago, BP undertook an ambitious initiative to transform itself from an oil company to a business focused on low-carbon energy. Now...

Greenzy Takes Its First Step into the Turkish Market in Collaboration with Türkiye İş Bankası

As the world rapidly approaches the carbon neutrality target set for the mid-21st century by the Paris Agreement signed by 195 countries, investments in renewable...

TEPAV: Fiscal Policy Is Not Providing Adequate Support for Inflation Combat Strategies

The fourth issue of the TEPAV Budget Monitoring Bulletin has been published. Based on data from the first nine months of 2024, it is highlighted that the primary ...

Smartphone Sales in China Decline by 9% During Singles' Day Shopping Festival

According to Counterpoint Research, total smartphone sales in China have decreased by 9% during this year's Singles Day shopping festival compared to last year, w...

MARKET OVERVIEW - China's Benchmark Lending Rate Expected to Remain Unchanged

According to Moody's Analytics economists, Chinese banks will not change the benchmark lending rate. Following the other reductions implemented since the end of S...

TURKSTAT Launches New Study to Provide Statistics to Aid Decision-Makers in R&D Policy Development

The Turkish Statistical Institute (TÜİK) has prepared a new study to provide statistics that will assist decision-makers in policies related to R&D activities. In...