China's Central Bank Halts Gold Purchases for Six Months

According to data from the People's Bank of China, China's gold reserves reached 72.8 million troy ounces at the end of October and remained unchanged for the six...

Rainfall in Turkey This October Falls Below Normal and Last Year's Levels

Forex - Precipitation in Turkey for October was below the norm and last year's levels. The "2024 October Area Precipitation Report" has been published. Accordingl...

Competition Authority Approves Bidfood's Acquisition of Kale Gıda's Retail and Out-of-Home Fast-Moving Consumer Goods Division

The Competition Authority has approved the acquisition of Kale Gıda Sanayi ve Ticaret AŞ's retail and out-of-home fast-moving consumer goods business by Bidfood D...

Treasury and Finance Ministry Denies Reports Regarding Minister Mehmet Şimşek

The Ministry of Treasury and Finance denied claims in the press regarding Minister Mehmet Şimşek. In a statement, the Ministry stated that the allegation reported...

Competition Authority Approves Koç Holding's Acquisition of a Certain Percentage of Shares Representing Total Capital in Stembio

The Competition Authority has granted permission for Koç Holding (IS:KCHOL) AŞ to acquire a certain percentage of the shares representing the total capital of Ste...

Today's Official Gazette - November 10

Forex - REGULATIONS –– Regulations on Education and Examination of the Foreign Language Preparatory Class of Bitlis Eren University Foreign Languages Vocational S...

Competition Authority Approves Sel-Tan İnşaat's Acquisition of a Share of Çinigaz and Sole Control

The Competition Authority has approved the acquisition of a certain portion of the shares and sole control of Çinigaz Natural Gas Distribution Industry and Trade ...

Toyota Aims to Boost Production in China

Toyota aims to produce at least 2.5 million vehicles annually in China by 2030. According to sources close to the matter, Toyota plans to revise its strategy and ...

Opposition in Germany Calls for Vote of Confidence for Chancellor Scholz Next Week

Forex - Friedrich Merz, the leader of the opposition conservatives (CDU) in Germany, stated that Chancellor Olaf Scholz should call for an immediate confidence vo...

General Elections to be Held in Ireland on Friday, November 29th

Forex - Irish Prime Minister Simon Harris approved the request for the dissolution of parliament (Dail) on Friday, announcing that general elections would be held...

Competition Authority Approves WEG Holding's Acquisition of Sole Control over Volt Management Consultancy

The Competition Authority has permitted the acquisition of the sole control of Volt Yönetim Danışmanlığı AŞ, currently controlled by Abdulhaluk SANCAK, Abdulhamit...

Sweden Selects Embraer's C-390 as Its New Military Cargo Aircraft

Forex - Brazilian aircraft manufacturer Embraer announced that Sweden has selected Embraer's C-390 Millennium model as the country's new military cargo aircraft. ...

Competition Authority Rules That Acquisition of ERG Control Systems by ERG Controls is Not Subject to Review

The Competition Authority has ruled that the acquisition of ERG Kontrol Sistemleri Sanayi ve Ticaret AŞ by ERG Controls Inc. is not within the scope of review.

Germany's Left Party Names Its Leading Candidates

The Left Party in Germany has determined its lead candidates for the upcoming early elections. Following a meeting of the party leadership in Berlin today, co-cha...

ECB/Schnabel: Balance Sheet Reduction Begins to Have Measurable Impact on Certain Financial Markets

Forex - ECB Governing Council member Isabel Schnabel stated that the European Central Bank's consistent reduction of its balance sheet has begun to have measurabl...

Swedish Central Bank Cuts Policy Rate by 50 Basis Points

Forex - The Swedish Central Bank (Riksbank) has lowered the policy interest rate by 50 basis points as expected; it stated that if the inflation and economic acti...

MARKET PERSPECTIVE - Pound Strengthens Ahead of BoE Decision

According to Commerzbank, the British pound is rising while the Bank of England is expected to reduce interest rates in a forthcoming decision but adopt a cautiou...

Trading on the Moscow Exchange to Start at 12:00 PM

Forex announced that trading on the Moscow Exchange will begin at 12:00 PM Istanbul time. It was previously announced that trading would be suspended shortly befo...

MARKET OUTLOOK - China's Focus on Local Government Debt Eases Financial Conditions and Boosts Investor Risk Appetite

Forex - Morningstar's senior equity analyst Iris Tan stated that China's financial easing focused on local government debt is likely to increase investors' risk a...

QNB Insurance Launches New Product 'E-Good Health Personal Accident Insurance'

QNB Insurance has developed an innovative product to help young people acquire insurance habits and step confidently into the future.

The company announced: "We...

SEDEFED President Emine Erdem: Building Trust Should Be Our Focus

Emine Erdem, President of the Federation of Sectoral Associations, pointed out that there is a widespread loss of trust and stated that Turkey's focus should be o...