UPDATE - TANKER REPORT - Restrictions Imposed on Transit Passages Due to Strong Currents in the Dardanelles Strait

Foreks - The Dardanelles Strait has been closed to vessels under 10 knots due to strong currents. According to information received, transit operations have been ...

American Airlines Grounds All Its Flights

American Airlines has suffered a major cyberattack. Widespread system outages have occurred. All flights have been halted. Systems are unable to scan boarding pas...

CBRT: Total Interest Cost Reduced on Rediscount Credits for Exports and Foreign Currency-Earning Services

Forex - The total interest cost on rediscount loans for export and foreign currency generating services has been reduced. According to a statement made by the Cen...

Bolat to Attend the 2nd Term Meeting of the Turkey-Palestine Economic Cooperation Council Tomorrow

Forex - Minister of Trade Ömer BOLAT will participate in the 2nd Term Meeting of the Turkey-Palestine Economic Cooperation Council on Wednesday, December 25, 2024...

Egypt's Central Bank Keeps Interest Rates Steady

Forex - The Central Bank of Egypt (CBE) did not change the policy interest rate for the sixth consecutive meeting, in line with expectations. According to the ann...

AstraZeneca Withdraws Application for Lung Cancer Drug in the EU

AstraZeneca announced that it has voluntarily withdrawn its marketing authorization application to the EU drug regulator for an experimental precision medicine ai...

Richard Parsons, Former Time Warner CEO, Passes Away at 76, Reports NYT

Richard Parsons, known for his influential leadership in major companies such as Time Warner, CBS, and Citigroup, passed away at his home in Manhattan, according ...

TABLE - CBRT Analytical Balance Sheet

Forex -

Martin Midstream Cancels Merger with Parent Company; Shares Drop by Approximately 2%

Investing.com -- Martin Midstream Partners announced today that the merger agreement with Martin Resource Management Corporation (MRMC), which was initially expec...

HAK-İŞ/Değirmenci: We Demanded a 73% Increase in Hourly Wage for the First 6-Month Period of the KARDEMİR Contract

Yunus Değirmenci, Vice President of HAK-İŞ Confederation and President of Özçelik-İş Union, announced that they have requested a 73% increase in hourly wages for ...

New York to Impose $75 Billion Penalty on Fossil Fuel Companies for Climate Damages

On Thursday, New York Governor Kathy Hochul signed a groundbreaking law that mandates fossil fuel companies to pay $75 billion in penalties over the next 25 years...

CTAs' Long Positions in Global Equities Worth Approximately $112 Billion: Goldman Sachs

Goldman Sachs predicts that Commodity Trading Advisors (CTAs) currently hold long positions worth approximately $112 billion in global equities, placing them in t...

TPAO Seeks Extension for Four Oil Exploration Licenses

Forex - Türkiye Petrolleri Anonim Ortaklığı (TPAO) has applied for an extension of four oil exploration licenses. Announcements related to this issue were publish...

Bolat: We Continue to Support Steps That Will Strengthen Access to New Markets.

The Minister of Trade, Ömer Bolat, stated that they continue to support steps that will strengthen access to new markets.

In a statement regarding the meeting t...

Japan Approves Record Budget of 115.54 Trillion Yen for Fiscal Year 2025

Forex - In Japan, the government has raised concerns about the country's fiscal health by approving a record budget draft of 115.54 trillion yen ($730 billion) fo...

SPK/Gönül: This Year, 33 Companies Completed Their IPOs, Raising a Total of 57.4 Billion Lira from the Market

Forex - The President of the Capital Markets Board (SPK), İbrahim Ömer Gönül, stated in his speech at the Future of Finance Summit that significant steps have bee...

Industrial Production Declines in Japan While Retail Sales Soar

Forex - Japan's economy is gaining strength, but the momentum is uneven as indicators show healthy growth in inflation and retail sales while industrial productio...

UPDATE - Erdoğan Held a Phone Conversation with Aliyev

Forex - President Recep Tayyip Erdoğan had a phone conversation with Azerbaijani President Ilham Aliyev. During the meeting, Turkey-Azerbaijan bilateral relations...

Profits of Industrial Firms in China Declined at a Slower Pace in November

In November, the profits of industrial companies in China declined at a low rate, despite Beijing's efforts to stimulate domestic demand. According to the Nationa...

Today in the Precious Metals Market: 606 kg of Gold and 5,425 kg of Silver Traded

Forex -

Inflation in Tokyo Rises, But Falls Short of Expectations

Forex - Core inflation accelerated in December in Tokyo, the capital of Japan, keeping market expectations for interest rate hikes alive in the near term.

Exclu...