Copper Faces Worst Week in Four Months on LME

Forex - Copper in London has seen a slight increase, but it is on track for its worst week in four months due to the rising dollar and concerns over demand from t...

Central Government Budget Posts a Deficit of 186.27 Billion TL in October

In October 2023, the central government budget recorded a deficit of 95 billion 461 million TL, while in October 2024, the deficit rose to 186 billion 271 million...

Number of Wage-Earners in Turkey Hits Record High Once Again

The Turkish Statistical Institute (TÜİK) has published statistics on paid employees for September 2024. The statistics highlight annual and monthly changes in the...

Hungary's Orban: EU Must Reassess Sanctions Against Russia

Hungary's Prime Minister Viktor Orban stated that the European Union should reconsider its sanctions against Russia, as keeping energy prices high is obstructing ...

Gensler, Known for His Tough Stance on Cryptos, Gives Signs of Departing SEC

Chairman of the U.S. Securities and Exchange Commission (SEC) Gary Gensler defended the agency's strict oversight policy toward the crypto sector in statements ma...

Lila Kağıt CEO Ogücü: We Will Expand Our Target Markets with the Launch of Our Reel Paper Production in Erzurum by 2027

Foreks - Alp Öğücü, CEO of Lila Kağıt, one of the largest players in the cleaning paper sector with exports to over 80 countries across 5 continents, and Işıl Tir...

Producer Inflation in Agriculture Rises Again After Four-Month Hiatus

The producer price index for agricultural products (Agricultural PPI) increased by 35.46% year-on-year as of October 2024. In the same period, the monthly increas...

KPMG Hosts Sustainability Seminar at ATO

KPMG Turkey executives shared important insights about new developments and regulations awaiting companies in the field of sustainability at the seminar titled "R...

Borsa Istanbul Starts the Last Trading Day of the Week on a Positive Note: Which Stocks Stood Out at Opening?

The BIST 100 index started the day with a 0.29% increase at 9,447.70 points.

The BIST 100 rose by 1.29% in yesterday’s transactions, closing the day at 9,420.42 ...

Title: Number of Paid Employees Rose by 0.2% Monthly and 2.7% Yearly in September

In September 2024, the number of paid employees in the industrial, construction, and trade-service sectors increased by 2.7% compared to the same month last year....

Private Sector's Total Foreign Debt Continues to Rise

As of the end of September, the total credit debt of the private sector sourced from abroad increased by $14.3 billion compared to the end of 2023, reaching $178....

Market Participants' Year-End Inflation Expectations Rise to 44.81%

In the Forex report, the market participants' year-end consumer price index (CPI) expectation has increased from 44.11% to 44.81%, according to the survey conduct...

Producer Prices of Agricultural Products Increased by 5.03% in October

In October 2024, the Producer Price Index (PPI) for Agriculture - Agriculture-UE (2020=100) saw an increase of 5.03% compared to the previous month, a 26.32% incr...

Title: Monthly Increase of 0.2% and Annual Rise of 2.7% in Number of Paid Employees

In the combined sectors of industry, construction, and trade-services, the number of paid employees increased by 2.7% in September 2024 compared to the same month...

Pennsylvania Plans to Adopt Bitcoin as State Reserve

Pennsylvania is taking steps to recognize Bitcoin as a part of the state treasury. According to reports, the Pennsylvania State Assembly has introduced a bill tit...

MARKET OVERVIEW - The Stock Exchange Kicks Off the Day with Purchases

Foreks - The BIST 100 index started the day with an increase of 27.28 points at 9447.7. According to the Foreks News survey, the BIST 100 index was expected to st...

Lenovo Plans to Open More Manufacturing Facilities Beyond China

Lenovo's Chairman Yang Yuanqing stated that they plan to further diversify their supply chain and open more production facilities outside of China in response to ...

U.S. Regulators Plan to Investigate Microsoft’s Cloud Business

The Federal Trade Commission (FTC) in the United States is reportedly preparing to initiate an investigation into Microsoft (NASDAQ:MSFT) regarding anti-competiti...

Fed Chair Powell: "There’s No Urgency for Rate Cuts"

In a speech assessing the economic situation, Federal Reserve Chair Jerome Powell stated that current conditions do not create an urgent situation for interest ra...

MARKET OVERVIEW - Chinese Data Supports the View of Accelerating Growth

Goldman Sachs economists reported that China's October activity data indicates a gradual improvement in growth momentum, particularly in consumption. Retail sales...

Forex News: Stock Market Opening Survey Results Are In

In a survey conducted by analysts, the median forecast for the BIST100 Index opening gap value is 22.17 points, while the average forecast is 23.08 points. The hi...