Wall Street's Main Indices Surge with the "Fabulous Seven" Tech Stocks

Wall Street's main indexes rallied due to strong demand for the technology stocks known as the "Magnificent Seven." Meta Platforms (NASDAQ:META), Nvidia, and Tesl...

The Number of Established Companies Decreased by 3.0% in November, While the Number of Closed Companies Increased by 8.9%

In November, the number of newly established companies decreased by 3.0% year-over-year, while the number of closed companies increased by 8.9%.

According to a ...

Hong Kong Stock Exchange Main Indices End the Day with Gains

On the Hong Kong Stock Exchange, the main indexes wrapped up the single trading session on a positive note due to the Christmas holiday. The Hang Seng Index close...

In November, 188,966 Vehicles Registered for Traffic

In November, 44.9% of the vehicles registered were cars, 38.9% were motorcycles, 10.3% were light trucks, 3.1% were tractors, 1.5% were trucks, 0.8% were minibuse...

European Markets Gear Up for the Christmas Holidays

Forex - European markets are entering the Christmas holiday. Today, some markets in Europe will be closed. The markets that remain open will finish the day early....

Consumer Confidence Index Rises to Highest Level in 1.5 Years

Forex - The consumer confidence index has reached its highest level in the last 1.5 years.
Calculated from the results of the consumer trend survey conducted in...

MORNING OUTLOOK - Financial Services Confidence Index and Richmond Fed Manufacturing Index in Focus in the U.S.

Foreks - In the new day, there are no notable data points domestically other than the financial services confidence index. Abroad, there are no significant data ...

Market Participants Raise Year-End Inflation Expectations to 45.28%

In the Central Bank of the Republic of Turkey (CBRT) survey, market participants' year-end consumer price index (CPI) expectation rose from 44.81% to 48.28%. The ...

Hong Kong Stock Exchange's Major Indices End the Day on a High Note

On the Hong Kong Stock Exchange, the main indices closed the single-session trading day with gains due to the Christmas holiday. The Hang Seng Index finished the ...

Headline: "Foreign Producer Prices Decline Monthly for the First Time in 14 Months"

In November, foreign producer prices showed a decline on a monthly basis for the first time in 14 months. According to a statement by the Turkish Statistical Inst...

Gold Strives for Recovery Amid Expectations of Continued Fed Rate Cuts in 2025

Forex - Gold prices have risen as investors expect the Fed to implement less aggressive interest rate cuts next year. The price of gold increased by 0.31% to $2,6...

A New Era Begins with İş Bank and Alipay Collaboration

Forex - Türkiye İş Bankası (IS:ISATR) has started accepting the Alipay+ wallet application, which boasts 2 billion users across more than 10 countries, at its POS...

Goldman Sachs: Yen's Value at Favorable Levels for Purchasing Japanese Stocks

Goldman Sachs' chief Japan equity strategist Bruce Kirk stated that the current level of the yen against the dollar is favorable for overseas investors to purchas...

Morgan Stanley Expects the Central Bank of Turkey to Kick Off Rate Cuts with a 200 Basis Points Reduction

Morgan Stanley (NYSE:MS) stated that, "Considering the latest communication from the Central Bank of Turkey (CBRT), we expect interest rate cuts to begin with a r...

Honda Shares Surge 16% Following Buyback Announcement

Forex - Honda shares surged more than 16% on Tuesday after the Japanese automotive giant announced it would conduct a buyback of 1.1 trillion yen (7 billion dolla...

Ticimax/Çiğdemli: Withholding Tax Implementation on E-Commerce Will Constrict the Industry

In the new system, a withholding tax will be applied to all sales made by sole proprietorships, joint-stock companies, and limited companies through e-commerce pl...

China to Ramp Up Bond Issuance, Widen Budget Deficit to Boost Growth

The Ministry of Finance stated on Tuesday that China will raise its budget deficit ratio in 2025, intensify fiscal spending, and accelerate expenditures. Followin...

MASFED Re-elects Aydın Erkoç as President, Renewing Trust

Foreks - Aydın Erkoç has been unanimously re-elected as the Chairman of the Board of the Motor Vehicle Dealers Federation (MASFED), the umbrella organization of m...

Starbucks Strikes Expand Nationwide, Impacting Over 300 Stores

Forex - The strike by workers at Starbucks (NASDAQ: SBUX) is set to expand nationwide to over 300 locations, with a five-day walkout related to barista pay escala...

Santander to Sell 30.5% Stake in Caceis Back to Credit Agricole

Foreks - Santander (BME:SAN) is preparing to return the asset servicing bank under the full control of the French credit institution by selling its 30.5% stake in...

EN-VERIM 100 Report: Renewable Energy Investments in 2023 Focused on Solar and Wind Projects

The EN-VERİM 100 research, conducted for the first time this year, examined Turkey's performance in energy efficiency and its innovative projects. The data relate...