Altun: "Cultural Deprivation of Society Equals Its Destruction"

Communication Director Fahrettin Altun spoke at the launch of the book "Cultural Mobilization of Turkey in the 21st Century" and the opening program of the exhibi...

Improvement Continues in Turkey's Export Climate

The Istanbul Chamber of Industry's Turkey Manufacturing Sector Export Climate Index increased from 50.5 in September to 51.1 in October. Survey results revealed t...

Hotel Occupancy Rates Increased in September

In September 2024, the occupancy rate in accommodation facilities with simple documentation and businesses was higher compared to the same month last year. Accord...

ATP's Net Profit Soars by 116% to Reach 337.2 Million TL

Foreks - ATP Software and Technology Inc. (ATP) has announced its financial results for the third quarter and the first nine months of 2024. During the nine-month...

Bitcoin Hits New Record Following Fed's Interest Rate Cut

The Federal Reserve's decision to lower the policy interest rate by 25 basis points has reverberated through global markets, while Bitcoin has also set a new reco...

China's Blue Chips Surge 6% Amid Speculation on Stimulus

Global equity markets experienced an uptick as investors anticipated increased fiscal spending and monetary easing in the U.S., leading Wall Street to set new rec...

VakıfBank Unveils New Product Streamlining Institutional Payments Under One Roof

VakıfBank (IS:VAKBN), which is shaping the banking sector with the products it has introduced in cash management, has launched its new product VaNa, which consoli...

Dried Apricot Exports Increase by 12% in the First Quarter of the Season

Forex - Turkey's dried apricot exports have demonstrated a successful trajectory in the first quarter of the 2024/25 season. In the first quarter, which began on ...

Sony Reports Higher-Than-Expected Increase in Operating Profit

Forex - Sony reported a 69% increase in operating profit, exceeding analyst expectations.

The Japanese tech giant achieved an operating profit of 445.1 billion ...

DenizBank Renews Murabaha Financing with $340 Million Demand at 165% Rate

Forex - DenizBank has successfully raised $340 million in its murabaha syndication financing, which won two awards in the "Islamic Syndication of the Year" catego...

Last Month's Top Performing Investment Assets Revealed

The Turkish Statistical Institute (TÜİK) has published the report on Real Return Rates of Financial Investment Instruments for October. According to this report, ...

Binance Founder Zhao Contemplates Selling His Stakes in the Exchange

Changpeng Zhao (CZ), the founder of Binance, returned to Dubai after completing his prison sentence in the United States at the end of September. In an interview ...

In October, the Highest Monthly Real Return Was Under Gold

Forex - The highest monthly real return, when adjusted for the domestic producer price index (D-PPI), occurred at 4.82%, and when adjusted for the consumer price ...

MARKET OUTLOOK - If the Trump Administration Increases Fiscal Spending, the Point at Which Fed Rate Cuts Halt Will Rise

SEB Research's Jussi Hiljanen argued that the new U.S. government's increased fiscal spending is expected to lead to a higher terminal fed funds rate than previou...

Turkey's Manufacturing Sector Export Climate Index Shows Moderate Yet Noticeable Improvement in Export Environment Compared to Previous Month

In September, the Istanbul Chamber of Industry's Turkey Manufacturing Sector Export Climate Index was at 50.5, increasing to 51.1 in October, indicating a moderat...

Market Outlook - The Stock Exchange Opens with Mild Selling

Forex - The BIST 100 index started the day at 8939.4, down by 6.73 points.
According to the Forex News survey, the BIST 100 index was expected to start the day ...

Evening News: Turkey Finance Contributed 204 Billion TL to the National Economy

Forex - Türkiye Finans contributed a total of 204 billion TL to the national economy in the first nine months of 2024, comprising 157 billion TL in cash and 47 bi...

MARKET OUTLOOK - If Trump Administration Increases Fiscal Spending, Fed Rate Cut Threshold Rises

Forex - SEB Research's Jussi Hiljanen argued that the new U.S. government's increased fiscal spending is expected to lead to a higher final federal funds rate tha...

STOCK ANALYSIS - Ak Investment Maintains Target Price of 150 TL for TCELL-Turkcell with "Outperform" Rating

Forex -

Turkey Finance/Evening: Turkey Finance Contributed 204 Billion TL to the National Economy

Foreks - Türkiye Finans contributed a total of 204 billion TL to the country’s economy in the first nine months of 2024, with 157 billion TL in cash and 47 billio...

Global Economic Insights: Interest Rate Decisions, Reactions to Trump Sanctions, and Gold ETF Demand

Global markets continue to focus on recent developments regarding economic and trade policies. The Fed's interest rate cut, concerns about the European economy, a...