Swiss Steel Group to Lay Off Approximately 800 Employees in Switzerland and Abroad

Swiss Steel Group is set to lay off approximately 800 employees in its main market of Switzerland and abroad due to weak demand in European manufacturing, low pro...

EY Reports $51.2 Billion in Revenue for Fiscal Year 2024, Marking a 3.9% Increase

Foreks - EY reported a revenue of $51.2 billion for the fiscal year 2024, representing a growth of 3.9%. Today, with approximately 400,000 employees worldwide, EY...

Aselsan Secures €16 Million Deal: Other Companies Announcing Business Partnerships Today

Aselsan (ASELS) announced an important export agreement to Europe. Alves Kablo announced a new local and international investment and recent sales agreements. YEO...

GM to Recall Over 461,000 Vehicles for Service in the U.S.

The U.S. National Highway Traffic Safety Administration (NHTSA) announced that General Motors will recall 461,839 vehicles due to rear wheel lockup caused by a tr...

Stocks with the Highest Return Potential Based on 9-Month Financial Statements

Financial statements reflecting the financial performance of companies listed on Borsa Istanbul during the first nine months of 2024 have been released. Following...

Sabiha Gökçen Airport Unveils AI-Powered Digital Assistant SAVVy

Foreks - Istanbul Sabiha Gokcen International Airport (ISG) introduced SAVVy, the first generative artificial intelligence-based digital assistant used in airport...

EU Commission Reveals New Forecasts for the Turkish Economy

The European Commission has published its "European Economic Forecasts, Autumn 2024" report prepared for EU member and candidate countries. According to the repor...

Blinken: We Seek a Genuine and Long-Term Ceasefire in Gaza Conflicts

Forex - U.S. Secretary of State Antony Blinken stated that the U.S. seeks a genuine and lasting halt to the conflicts in Gaza, but emphasized that the best way to...

EU Commission Predicts Recovery for Eurozone: Highlights Global Trade Risks

The European Commission forecasted on Friday that the Eurozone will progress towards economic growth in 2025 and 2026, while inflation is expected to slow down. H...

Japanese Government Considers Resuming Subsidies for Electricity and Gas Prices

The Japanese government is considering resuming subsidies for electricity and gas prices starting in January next year and continuing this measure until March. Ac...

No Adverse Effects from the Earthquake in Rize; Two Health Calls Received Due to Fear

The Interior Minister Yerlikaya stated that they have started field searches with all teams from AFAD and related institutions regarding the earthquake, which occ...

WhiteBIT TR/Adult: Memecoins Surpass $120 Billion Market Cap

Foreks - The surge in Bitcoin and other leading cryptocurrencies following the end of electoral uncertainty in the U.S. has also led to new records in memecoins. ...

Trump's Trade Policies: A Potential Obstacle to Global Growth

Foreks - Citigroup analysts predict that emerging market equities will underperform their global counterparts following Trump's victory in the U.S. presidential e...

STOCK ANALYSIS - Alnus Investment Reduces Target Price for KRDMD-KARDEMİR (D) from 37 TL to 34.8 TL, Maintains "Buy" Recommendation

Forex -

US Provides $6.6 Billion in Government Support to TSMC for Arizona Factory Construction

Forex - The U.S. Department of Commerce announced that it has finalized a $6.6 billion federal support for TSMC's semiconductor production in Arizona. The binding...

TANKER REPORT - Istanbul Strait Closed to Transit Passage Due to Strong Currents

Due to strong currents in the Istanbul Strait, transit passages have been suspended. According to information received, transitions for vessels with a maximum spe...

Employee Fund Amount in the Automatic Enrollment System Reaches 75.1 Billion TL

Forex -

OKS Basic Indicators (Million TRY) 08.11.2024 01.11.2024 25.10.2024 18.10.2024

Employee Fund Amount 75,109.40 73,703.70 73,333.70 73,117.30

Interest-Be...

As the Dollar Rises, Investors Turn Their Attention to U.S. Inflation

The US dollar has maintained its value gain in recent days, while investors are focused on the US inflation data to be released today at 16:30 GMT. This data will...

Tether Launches Exciting New Tokenization Platform: Hadron

The world's largest stablecoin issuer, Tether, has introduced a new real-world asset tokenization platform called Hadron, which enables businesses to tokenize ass...

Market Outlook - No Cotton Transactions at ITB

Foreks - No cotton transactions occurred at the Izmir Commodity Exchange. According to the information compiled from the Izmir Commodity Exchange bulletin, for 53...

Boston Fed President Collins Expresses Skepticism About December Rate Cut

Boston Fed President Susan Collins stated in an interview with The Wall Street Journal that a discussion about a rate cut in December is on the table, but nothing...