Number of Unpaid Checks Decreased by 27.1% in October

In October, the number of checks presented to the Takasbank Check Clearing System that remained unpaid showed a decline compared to the previous month. According ...

ATO/Baran: Minimum Wage Increase Should Be Set at 25%

Foreks - Gürsel Baran, President of the Ankara Chamber of Commerce (ATO), expressed positive views regarding the minimum wage increase rate mentioned by Central B...

IMSD: Construction Sector Expected to Grow by 4-5% in 2025

Foreks - The results of the Monthly Sector Report prepared by the Turkish Construction Materials Industry Association (Türkiye İMSAD) for October 2024 have been a...

RENEWAL - Atakey Achieves 30% Growth with 50,000 Tons of Production in the First Nine Months of 2024

Foreks - Atakey, which supplies products to over 3,200 quick service restaurants under the TFI Tab Gıda Investments umbrella and maintains its leading position in...

Aksa Energy Completes Modernization of Tashkent B and Bukhara Natural Gas Plants in Uzbekistan

Forex - Aksa Energy (IS:AKSEN) has completed the modernization process of the Tashkent B and Bukhara natural gas power plants in Uzbekistan.

In a statement made...

STOCK VALUATION - Ata Investment Adjusts Target Prices for Certain Stocks

Foreks - Ata Yatırım has revised its target prices for several stocks in its monthly strategy report. The report also stated, "As a result of our valuation analys...

STOCK EVALUATION - TERA Investment Raises TSKB Target Price from 12.3 TL to 18.25 TL, Maintains "Increase Weight" Recommendation

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Despite the Dip in Bitcoin, Inflows into BlackRock's Bitcoin ETF Continue

BlackRock's spot Bitcoin ETF continues to attract investor interest despite fluctuations in Bitcoin prices. Following a 4% decline in Bitcoin's price to $68,800 o...

STOCK VALUATION - Ak Investment Lowers Target Price for YKBNK - Yapı Kredi Bank to TL 35.4 from TL 40.4, Maintains "Outperform" Recommendation

Forex -

BofA: Fed May Consider Pausing Rate Cuts if U.S. Interest Rates Approach 4% in Q1 2025

Bank of America, analyzing the third-quarter GDP data released yesterday in the U.S., stated that if growth continues to remain strong, the Fed may consider pausi...

PASHA Bank Achieves a Stellar Asset Size of 10.966 Billion TL

Foreks - Operating as a “financial bridge” in the Turkey, Azerbaijan, and Georgia triangle, PASHA Bank continued its strong growth in the third quarter following ...

Inflation Report for Q4 2024 to be Released on November 8th

Forex - The President of the Central Bank of the Republic of Turkey (CBRT), Dr. Fatih Karahan, will announce the "Inflation Report" on Friday, November 8.

Accor...

BIST 100 Kicks Off the Day with Gains: Which Stocks Stood Out at Opening?

The BIST 100 started the day with a 0.74% increase at 8,888.51 points.

Following the positive opening of the BIST 100 index, buying continued in the initial trad...

Fitch: China's Electric Vehicle Demand to Rise, EU's High Tariffs May Harm Exports

Fitch Ratings stated that China's strong domestic demand for new energy vehicles (NEVs) is expected to continue until the fourth quarter of 2024, thanks to the go...

Smartphone Sales in China Decline, Foreign Brands Hit Hardest

According to data from the China Academy of Information and Communications Technology (CAICT), foreign smartphone sales in China decreased by 39.8% in September. ...

Societe Generale: Anticipating a Slowdown in Government Bond Issuance in the Eurozone

Forex - Societe Generale's interest rate strategists suggested that the issuance of government bonds in the Eurozone will slow down in the coming weeks and will n...

Bitcoin Halts Its Record Run: Dips Below $70,000 Amid Latest Developments

Recent fluctuations in the Bitcoin market have led investors to remain cautious. Bitcoin has increasingly begun to factor in political developments in the United ...

ICA İçtaş Infrastructure Issues $405 Million Project Bond for Sarıyer-Kilyos Tunnel

Foreks - IC Holding group company ICA İçtaş Altyapı A.Ş. has made a breakthrough in Turkey's Public-Private Partnership (PPP) infrastructure project financing by ...

Turkey's Manufacturing PMI Rises in October but Remains Below Threshold, Signaling Continued Deterioration in Economic Conditions

Forex - The Istanbul Chamber of Commerce (ISO) has released the results of the Turkey Manufacturing PMI (Purchasing Managers' Index) survey for October 2024, whic...

In 2023, the Industrial Sector's Final Energy Consumption Reached a Total of 1,706,480 Terajoules

According to the results of the Research on Final Energy Consumption in the Industrial Sector, the total final energy consumption in the industrial sector in 2023...

Gasoline Price Increase Expected

Forex - An increase in autogas prices is expected. According to information obtained by Forex News, a price increase of 71 kuruş is anticipated in the autogas gro...