Akamib's Exports Decline by 5%

In November, the exports of Turkey's furniture, paper, and forest products sector decreased by 2.2% compared to the same period last year, totaling 671 million 66...

IDK Meeting on Aksa Renewable Energy's Alıç Storage Solar Power Project Scheduled for December 24th

Foreks - An Examination and Evaluation (EIA) Meeting regarding the planned Hawthorn Storage-based Renewable Energy Plant project by Aksa Renewable Energy will be ...

TSMC in Talks with Nvidia to Manufacture AI Chips in Arizona

Forex - Taiwan Semiconductor Manufacturing Co stated that it is in discussions with Nvidia Corp to manufacture Blackwell artificial intelligence chips at the foun...

BoE: UK Firms Lower Wage Increase Expectations

According to a survey conducted by the Bank of England, British companies' wage growth expectations for the next year decreased slightly during the three-month pe...

Garanti BBVA Cards and POS Devices Boost E-commerce Shopping by 101% in November

Foreks - Garanti BBVA (BME:BBVA) Payment Systems (GÖSAŞ) has released research data regarding transactions made with Garanti BBVA cards through Garanti BBVA POS d...

Institutional Investment Plays a Key Role in Bitcoin Surpassing $100,000

The year 2024 is set to go down in history as a record-breaking year for the cryptocurrency market, particularly for Bitcoin. For the first time in its history, B...

Marmarabirlik to Disburse 445 Million TL to Shareholders on December 6th

Foreks - Marmarabirlik, which is currently running a product purchasing campaign for 2024/2025 and pays for the products in 15-day intervals, will make a payment ...

TBB Board of Directors Meets at Akbank Headquarters

The meeting of the Banks Association of Turkey, held on December 5, 2024, took place at the head office of Akbank with broad participation.

The statement said: ...

Marmarabirlik to Disburse 445 Million TL to Shareholders on December 6

Foreks - The product purchasing campaign for 2024/2025 continues, and Marmarabirlik, which makes payments for product costs every 15 days, will make a payment of ...

Market Outlook: Bitcoin Could Target $200,000 by the End of 2025

Geoff Kendrick from Standard Chartered stated that Bitcoin inflows have been dominated by institutional investors this year, and this trend should continue as the...

Token Unveils New Register POS Beko X30 TR

Forex - Token Financial Technologies, a subsidiary of Koç Group, continues to lead the industry with its new payment solutions. The new cash register POS, Beko X3...

Latest Data on the Banking Sector: How Are Loans and Deposits Moving?

According to the weekly data released by the Banking Regulation and Supervision Agency (BRSA), the Turkish banking sector has experienced significant growth in lo...

Mt. Gox Transfers Significant Amounts of BTC as Bitcoin Hits New All-Time High

Bitcoin moved to $104,000 in the early hours of the day, while the defunct cryptocurrency exchange Mt. Gox transferred approximately 24,052 BTC, valued at around ...

Turkey's External Debt Payments This Year Amount to $35.19 Billion

Forex - Turkey's external debt repayments this year amounted to 35 billion 192.50 million dollars. According to data released by the Central Bank, in the week of ...

Minister of Culture and Tourism Ersoy Meets with TBB Board Members

Forex - The Minister of Culture and Tourism, Mehmet Ersoy, met with the Board Members of the Turkish Banks Association. Minister Ersoy shared his assessments with...

Copper Producer Aurubis Optimistic About Demand Outlook

European copper producer Aurubis reported an increase in annual profits and expressed optimism about demand expectations, proposing a higher dividend and raising ...

Domestic Residents' Foreign Currency Deposits Decreased by $511.40 Million

Forex - Domestic residents' foreign currency deposits decreased by 511.40 million USD in a week. According to data released by the Central Bank of the Republic of...

Turkey's Central Bank Reserves Increase by $1.1 Billion

Forex - The Central Bank of the Republic of Turkey (CBRT) reserves increased by 1 billion 99 million dollars in the past week. According to CBRT weekly data, as o...

China Imposes Sanctions on U.S. Military Firms Due to Arms Sales to Taiwan

China has imposed sanctions on 13 American military companies. This action is a direct response to the U.S. arms deal with Taiwan. The primary reason cited for th...

France's Bond Risk Premium Decreases with Government Collapse

Following the fall of the French government, France's debt risk premium has declined from its highest level in over a decade. This change occurred as Thursday saw...

Foreign Residents Make Stock Purchases

Forex - Foreign entities made a net purchase of 280 million dollars in equities, adjusted for market price and exchange rate movements, during the week of Novembe...