Red Sea Route's Inaccessibility Boosts A.P. Moller-Maersk's Profits

Foreks - A.P Moller-Maersk reported higher net profit in the third quarter due to freight rate increases caused by disruptions in the Red Sea shipping line. The D...

QNB Turkey's Net Profit Reaches 27.231 Billion TL in First Nine Months

QNB Turkey, the joint venture of Qatar National Bank (Q.P.S.C.), the largest bank in Qatar and a leading financial institution in the Middle East and Africa, cont...

SunExpress to Train Maintenance Technicians in Collaboration with Eskişehir Technical University

Foreks - SunExpress, a joint venture of Turkish Airlines (IS:THYAO) and Lufthansa, is launching an employment-guaranteed "Aircraft Maintenance Technician Career D...

According to Türk-İş calculations, the hunger threshold has exceeded 20,000 TL.

Forex - According to Turk-İş's study, the hunger threshold exceeded 20,000 TL in October. The reported data indicates that the poverty threshold in October was 66...

STOCK VALUATION - Şeker Investment Raises Target Price for GARAN-Garanti BBVA from 138.3 TL to 166.46 TL, Maintains "Buy" Recommendation

Forex -

Trust in the Economy in Turkey Reaches a 5-Month High

The Turkish Statistical Institute has announced the economic confidence index for October. The economic confidence index, which was 95 in September, increased by ...

TANKER REPORT - LNG Tanker from Algeria Expected to Arrive in Turkey on November 3rd

The LNG tanker Tessala, which loaded liquefied natural gas (LNG) from the port of Arzew in Algeria, is expected to arrive at the BOTAŞ terminal in Marmara Ereğlis...

$870 Million Inflow into Bitcoin ETFs: BTC Aiming for the Peak

Spot Bitcoin exchange-traded funds (ETFs) listed in the U.S. recorded net inflows exceeding $870 million yesterday. This inflow marks the third highest figure sin...

ATA GYO's Total Portfolio Value Reaches 526 Million TL

ATA GYO announced its financial results for the first nine months of 2024. During this period, the company's total portfolio value reached 526 million TL, total a...

Global Gold Demand Soars to Record Levels

In the third quarter of the year, global gold demand increased by 5% year-on-year, reaching 1,313 tons. According to the "Gold Demand Trends" report published by ...

Energy Import Bill Decreased by 16.4% in September

Forex - Turkey's energy import bill in September decreased by 16.4% compared to the same month last year. According to the statement made by the Turkish Statistic...

US Election Risk Premium Pricing Could Elevate Gold Prices

According to a report from two members of the OCBC Global Markets Research, the rise of gold continues as markets continue to price in the risk premium of the U.S...

SAMEKS Data Indicates Deterioration in Real Sector Activity Conditions for the Fourth Consecutive Month

The SAMEKS data for October indicates that the deterioration in the operational conditions of the real sector has reached its fourth consecutive month.

It was s...

Harris Claims Trump is Pursuing Unlimited Power

Hibya - U.S. Vice President and Democratic presidential candidate Kamala Harris stated yesterday at a crowded campaign event at the White House in Washington, “If...

GEN Connects with Students for the Third Time This Year Through its Value-Adding Project, uniGEN, in the Pharmaceutical Sector

Foreks - One of Turkey's fastest-growing pharmaceutical companies, GEN, is meeting with students for the third time this year through its value-adding project uni...

Oil Prices Hold at One-Month Lows After Recent Declines

Forex - Oil prices held at their lowest levels in a month following declines in the previous two sessions. Brent crude oil futures rose by 51 cents, or 0.72%, to ...

Tourism Revenue Increased by 3.9% in Q3

In the third quarter of 2024, tourism revenue increased by 3.9% compared to the same quarter of the previous year. According to the statement made by the Turkish ...

IKMIB Unites the Cosmetics Industry in Denmark

Forex - The Istanbul Chemicals and Chemical Products Exporters' Association (IKMIB) organized the "ECRM Copenhagen Cosmetics Sector Trade Delegation" in Copenhage...

Annual Increase in Service Producer Prices Reaches 56.85%

Foreks - In September 2024, the H-PPI showed an increase of 1.14% compared to the previous month, 48.91% compared to December of the previous year, 56.85% compare...

UPS Reports $22.2 Billion Consolidated Revenue for Third Quarter 2024, Up from Last Year

Foreks - UPS (NYSE: UPS) announced its financial results for the third quarter of 2024. The company achieved consolidated revenue of $22.2 billion, a 5.6% increas...

Exports Decreased by 1.9% and Imports by 1.4% in September According to the General Trade System

According to preliminary foreign trade data produced within the framework of the general trade system in collaboration with the Turkish Statistical Institute and ...