DBS Group Considers Acquiring Shares in Malaysian Banks

DBS Group Holdings Ltd, Singapore's largest bank, is considering expanding into Malaysia by acquiring stakes in Malaysian banks. This maneuver involves contemplat...

Bodrum Cruise Port Concludes 2024 Season with Record Passenger Numbers

Foreks - Bodrum Cruise Port, which is part of the world's largest cruise port operator Global Ports Holding, welcomed a total of 98 cruise ships and 118,083 cruis...

Rainfall in Turkey This October Falls Below Normal and Last Year's Levels

Forex - Precipitation in Turkey for October was below the norm and last year's levels. The "2024 October Area Precipitation Report" has been published. Accordingl...

Treasury and Finance Ministry Denies Reports Regarding Minister Mehmet Şimşek

The Ministry of Treasury and Finance denied claims in the press regarding Minister Mehmet Şimşek. In a statement, the Ministry stated that the allegation reported...

Today's Official Gazette - November 10

Forex - REGULATIONS –– Regulations on Education and Examination of the Foreign Language Preparatory Class of Bitlis Eren University Foreign Languages Vocational S...

Brokerages Anticipate a 25 Basis Point Rate Cut from the Fed in December

Leading financial institutions such as J.P. Morgan, Barclays, and Goldman Sachs maintain their expectations that the U.S. Federal Reserve (Fed) will implement a 2...

IKEA Readies for U.S. Tariff Changes, Says CFO

The world's largest furniture retailer, IKEA, has stated that it is prepared for potential trade barriers that may arise under Donald Trump's presidency. The comp...

Wall Street Braces for Regulatory Rollbacks Under Trump’s Presidency

The banking and finance sectors are actively compiling deregulation proposals ahead of Donald Trump's potential return to the White House in 2025. Financial trade...

Crypto Industry Sees Success in U.S. Elections

The cryptocurrency sector achieved significant returns from its investment in the U.S. congressional elections, with most of the candidates it supported winning t...

Trump Evaluates Candidates for Regulatory Roles

Following his victory in the U.S. presidential election, Donald Trump is in the process of forming his cabinet and selecting other senior management officials. Am...

Moody's Warns of Increased Financial Risks in the U.S. Under Trump Presidency

According to Moody's, the election of Donald Trump as President and the Republican Party's likelihood of controlling Congress have raised concerns about the finan...

Pennsylvania Senate Candidate McCormick Seeks Court Ruling on Ballots

In Pennsylvania, U.S. Senate candidate David McCormick, connected to the New York Stock Exchange under the NYSE:MKC ticker, has filed a legal motion in Philadelph...

American Airlines Fails to Overturn Antitrust Ruling

American Airlines, trading under NASDAQ:AAL, has failed in its effort to overturn a court ruling that blocks its partnership with JetBlue Airways (NASDAQ:JBLU). O...

U.S. Federal Energy Revenue Drops to $16.4 Billion in 2024

According to the U.S. Department of the Interior, federal revenue generated from energy production on U.S. public lands and waters decreased by 10% to $16.4 billi...

Meta CEO Zuckerberg Cleared of Personal Liability Lawsuits

In a significant ruling, U.S. District Judge Yvonne Gonzalez Rogers determined that Mark Zuckerberg, CEO of Meta Platforms Inc. (NASDAQ:META), cannot be held pers...

U.S. Lawmakers Demand Sales Data from Chip Makers Amid Export Control Debates

As a reflection of the increasing scrutiny on semiconductor technology exports, U.S. lawmakers have requested detailed information on sales to China from leading ...

Brazil Plans to Allocate $690 Million in Aid to Airlines by Early 2025

The Brazilian government is preparing a credit line worth 4 billion reais (approximately 690 million dollars) to assist the country’s airlines facing financial di...

Anima Holding Engages Goldman Sachs to Evaluate Banco BPM Offer

Italian asset management company Anima has appointed Goldman Sachs to evaluate a potential acquisition offer of up to 1.6 billion euros ($1.71 billion) from Banco...

S&P 500 Reaches 6,000 Level in Post-Election Rally

The S&P 500 index reached a historic milestone today, briefly touching the 6,000 level for the first time. This rise was fueled by investor optimism following Pre...

Pentagon Grants Contractors Access for Weapons Maintenance in Ukraine

In a significant policy shift by the Biden administration, U.S. defense contractors have been granted the authority to enter Ukraine for the purpose of maintainin...

Summary Insights on the Markets

Forex -

Market Summary Information

• November 8, 2024 -

Istanbul Stock Exchange Equity Market

BIST 100 Index Closing 9,184.82

BIST 100 Daily Change 238.69

B...