JPMorgan Anticipates First Rate Cut from Central Bank of Turkey in December, Forecasts Rate to Fall to 30% by September 2025

Forex - JPMorgan (NYSE:JPM) forecasts that the first interest rate cut by the Central Bank of the Republic of Turkey (CBRT) will come in December following the Mo...

Kordsa Awarded Gold Medal by EcoVadis

Kordsa, a subsidiary of Sabancı Holding, continues to be recognized globally for its successful sustainability practices. Leading the green transformation of the ...

UPDATE - Morgan Stanley Brings Forward Expectations for First Rate Cut from the Central Bank of Turkey to December

Morgan Stanley (NYSE:MS), following the announcement after the Central Bank of the Republic of Turkey’s (CBRT) Monetary Policy Committee meeting held yesterday, r...

Employment Index Increased by 3.0% Year-Over-Year

Forex - The employment index increased by 3.0% year-on-year in the third quarter. According to the announcement made by the Turkish Statistical Institute (TÜİK), ...

Financial Services Confidence Index Rises by 6 Points

In October 2024, the Financial Services Confidence Index (FHGE) recorded an increase of 6.0 points compared to the previous month, reaching a level of 173.6. Acco...

Indirect R&D Incentives Reached 59.33 Billion TL in 2023

In 2022, the total tax incentives for R&D activities amounted to 26 billion 169 million TL, showing an increase of 126.7% to reach 59 billion 332 million TL in 20...

Number of Newly Established Companies Decreased by 2.8% in October, While Number of Closed Companies Increased by 8.6%

According to data released by the Union of Chambers and Commodity Exchanges of Turkey, the number of newly established companies increased by 5.5% month-on-month ...

Golden Global Achieves 15.1 Billion TL in Total Assets

In the first nine months of 2024, Golden Global Investment Bank (IS:GLYHO) increased its total assets by 56% compared to the same period in 2023, reaching 15.1 bi...

TİKAD Supports Women Cooperatives in the Earthquake Zone

Foreks - Following the Kahramanmaraş Earthquakes in 2023, a special project is being initiated by the Turkish Businesswomen's Association (TİKAD) to increase wome...

Vestel Mobility Showcases Products and Technologies at EASE General Assembly

Foreks - With expertise in electric vehicle chargers, automotive electronics, and battery energy storage solutions, Vestel (IS:VESTL) Mobile, which is on a missio...

MARKET OVERVIEW - The Stock Exchange Started the Day with Purchases

The BIST 100 index started the day with an increase of 9.72 points, reaching 9377.49. According to the Foreks News survey, the BIST 100 index was expected to begi...

Stock Valuation - Deniz Investment Lowers Target Price for ALKIM - Alkım Kimya from 49 TL to 45 TL, Maintains "Buy" Recommendation

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Bayraktar Holds Meeting with Bulgaria's Energy Minister Vladimir Malinov

The Minister of Energy and Natural Resources, Alparslan Bayraktar, held a meeting with the Bulgarian Minister of Energy, Vladimir Malinov. During the meeting, whi...

Donald Trump Establishes Cryptocurrency Council: Bitcoin Reserves and More on the Horizon

Elected President of the United States, Donald Trump, has generated excitement in the crypto world by promising to establish a new advisory council on digital ass...

How Did Borsa Istanbul Start the Day? Which Stocks Stood Out at the Opening?

The BIST 100 index started the day with a slight increase of 0.1%, at 9,377.49 points.

The BIST 100 experienced a significant leap in yesterday's trading, rising...

Deutsche Bank: High Likelihood of TCMB Cutting Rates in December

Forex - Evaluating the Central Bank of the Republic of Turkey's decision to keep the policy rate unchanged, Deutsche Bank argued that the Monetary Policy Committe...

TIKAD Supports Women's Cooperatives in the Earthquake-Affected Regions

Forex - Following the Kahramanmaraş earthquakes that occurred in 2023, a special project is being initiated by the Turkish Business Women's Association (TIKAD) to...

Decline in the French Economy Accelerates with Drop in New Orders

Forex - Business activity in France contracted sharply in November, marking the most significant decline since the beginning of the year; new orders and future ex...

Turkish Telecom Ventures' Özhan: Fostering Entrepreneurship and Innovation Culture in Turkey.

Foreks - Türk Telekom (IS:TTKOM) continues its efforts in the digital health sector. Türk Telekom’s corporate venture capital company, Türk Telekom Ventures, alon...

Energy Minister Bayraktar Holds Talks on Renewable Energy Collaborations with Officials from Georgia, Azerbaijan, and Bulgaria

Energy Minister Alparslan Bayraktar held discussions with officials from Georgia, Azerbaijan, and Bulgaria regarding the establishment of a green energy corridor ...

Energy Bills in the UK Set to Rise by 1.2% on January 1st

Energy price caps will increase for the second consecutive quarter starting in January, leaving typical households facing a bill of £1,738. Ofgem announced that t...