Togg's T10X Becomes Market Leader with 30% Share in the Electric Vehicle Market in 2024

Foreks - Togg, a global technology brand operating in the mobility sector in Turkey, concluded 2024 on a high note. The T10X model led the electric vehicle market...

Elder Sector Meeting 15 to Be Held on January 10th

The XV. Sector Meeting of the Electricity Distribution Services Association (Elder) will be held on January 10, 2025, at the Istanbul Hilton Bomonti Hotel, with t...

RBC Capital Expects UK Housing Prices to Rise in 2025

RBC Capital Markets analyst Anthony Codling indicated that, referencing the Halifax House Price Index, despite a 0.2% drop in December, UK house prices are expect...

Morgan Stanley: We Expect the Central Bank of Turkey to Cut Rates by 250 Basis Points in January

Morgan Stanley (NYSE:MS) stated that the better-than-expected headline inflation data for December suggests that the Central Bank of Turkey (CBRT) is likely to pr...

MARKET OUTLOOK - Bitcoin Price Rises as Trump's Inauguration Approaches

Forex - Bitcoin gained momentum again, surpassing $100,000 ahead of Donald Trump's inauguration as U.S. President on January 20. Trump, who promised to make the U...

The Environmental Impact Assessment File for OYAK Cement's Marble Quarry Capacity Increase and Crushing Screening Facility Project Has Been Opened for Review

The Environmental Impact Assessment (EIA) file regarding the planned marble quarry capacity increase and crushing-sieving facility addition project by OYAK Cement...

Inflation in Northern Cyprus Ends 2024 at the Lowest Level in Three Years

In North Cyprus (TRNC), inflation dropped to its lowest level in the last three years in December. According to the announcement by the TRNC Statistical Institute...

Natural Gas Prices Decline in Europe

Forex - European natural gas prices further softened, with the Dutch benchmark TTF contract trading at €46.94 per megawatt hour, down 0.8% after surpassing €50 la...

NXP Acquires Austrian TTTech Auto to Strengthen Automotive Operations

Forex - Dutch semiconductor manufacturer NXP has announced that it has agreed to acquire Austrian company TTTech Auto for $625 million to strengthen its automotiv...

Chinese Central Bank to Cut Interest Rates and Reserve Requirements for Growth

Investing.com -- The People's Bank of China (PBOC) reiterated its commitment to lowering interest rates and the reserve requirement ratio for banks when the time ...

Unit Price Increases in the Fixtures Sector Stopped the Decline in Exports

The export figures for December 2024 and the January-December period in the sector of fittings, valves, faucets, and plumbing equipment have been announced. Despi...

Market Overview at a Glance

Forex -

Summary Information on Markets

• January 3, 2025 -

Borsa İstanbul Share Market

BIST 100 Index Closing 10,075.17

BIST 100 Daily Change 113.83

BIST 10...

Inflation Expectations Rise Among Consumers in the Eurozone

Forex - Inflation expectations among consumers in the Eurozone have increased. According to a survey conducted by the ECB, consumers' inflation expectations for t...

MARKET OVERVIEW - The Stock Exchange Concluded the Week with Buying Momentum

The BIST 100 index closed the day at 10,075.17, up 113.83 points. According to the Foreks News survey, a closing increase of 73.62 points was expected for the BIS...

US Crypto Exchange Gemini Reaches Settlement with CFTC

Gemini Trust Company has settled its lawsuit with the U.S. Commodity Futures Trading Commission (CFTC) for $5 million. The cryptocurrency exchange, founded by Tyl...

SpaceX Plans First Payload Distribution for Upcoming Starship Test Flight

Investing.com -- Elon Musk's SpaceX has outlined plans for the upcoming Starship test flight. This flight will involve the rocket's first attempt to deploy payloa...

Lowest Pension Increase: New Minimum Set at 14,469 TL

Minister of Labor and Social Security Vedat Işıkhan announced that the minimum SSK and Bağ-Kur pensions have been increased by 15.75%, raising the monthly pension...

Lawsuit Filed Against PayPal Over Allegations of Racial Discrimination in Investment Program

PayPal (NASDAQ:PYPL) has become the target of a lawsuit filed by Asian American businesswoman Nisha Desai and New York-based venture capital firm Andav Capital. T...

CBRT Governor Karahan to Meet with Eskişehir Business Community and NGOs

The Central Bank's Governor Fatih Karahan will meet with the business community and civil society organizations in Eskişehir. According to information received fr...

Algoma Shares Decline Due to Weak Earnings Guidance

Investing.com -- Shares of Algoma Steel Group Inc. (TSX: AGA) fell 6.6% on Friday morning, marking the company's largest daily drop since June 2023. The decline f...

Forex News: BIST100 Closing Prediction Survey Concludes

In a survey conducted by analysts, the median forecast for the BIST100 index closing difference was -26.75 points, while the average forecast stood at -20.61 poin...