Central Bank Reserves Decrease by $7.3 Billion in Just One Week

Forex - The reserves of the Central Bank of the Republic of Turkey (TCMB) decreased by $7.288 billion in the past week. According to TCMB's weekly data, total res...

Anadolu Insurance Wins Medal at Payment Systems Magazine Awards

Anadolu Sigorta has been awarded the Gold Prize in the "Most Innovative Product" category at the Payment Systems Magazine (PSM) Awards, which recognizes innovativ...

UPDATE-TANKER REPORT - Bosphorus Straits Closed to Transit Passages Due to Tanker Malfunction

Due to a malfunction of the tanker named Cordelia Moon while en route from Yalova to Russia, the ship traffic in the Istanbul Strait has been temporarily suspende...

Japan Takes a Firm Stance on Bitcoin Reserves

Japan is exploring the potential of cryptocurrencies due to their increasing popularity, prices, and trading volumes, similar to many major investors. However, th...

India Projects 6.5% Growth in FY 2024/25 Amid Global Uncertainties

Investing.com -- The Indian government announced on Thursday that the country's economic growth is projected to be approximately 6.5% for the fiscal year 2024/25....

BDDK Data: Banking Sector Sees Growth in Loans and Deposits, While KKM Declines Continue

The Banking Regulation and Supervision Agency (BDDK) has announced significant data regarding the banking sector as of December 20, 2024. The commercial and other...

ASELSAN Signs Export Contract Worth €50.8 Million.

ASELSAN has signed an export contract worth 50.8 million euros. According to the announcement made on the Public Disclosure Platform, ASELSAN signed an export agr...

Trading Volume of 45.91 Billion TL Achieved in the Central Counterparty Market

In the Forex - Takasbank Money Market, a transaction volume of 45,914,635,000 TL was recorded today. In dollar terms, this figure amounted to 1,303,792,998.

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RK: The Acquisition of Efeler Farm Controlled by Söktaş Tekstil by Altınmarka Gıda Does Not Require Approval

The Competition Authority has decided that the acquisition of sole control of Efeler Farm, controlled by Söktaş Textile, by Altınmarka Food is not subject to perm...

Competition Authority Approves Linde Opsan Automotive's Acquisition of Sole Control via KEB Metal Investment

The Competition Authority has approved the acquisition of sole control over Linde Opsan Automotive Parts Industry and Trade Inc., which is currently under joint c...

Decisions of the Competition Authority

Foreks - The acquisition process of Kellanova under the sole control of Acquiror 10VB8, LLC and Merger Sub 10VB8, LLC, which are indirectly controlled by Mars, In...

Bolat to Attend the Inauguration Ceremony of the Chemical and Technology Center Tomorrow

The Minister of Trade, Ömer Bolat, is reported to attend the opening ceremony of the Chemistry and Technology Center in Kocaeli on December 27. The ceremony will ...

Bolat to Attend the Inauguration Ceremony of the Chemistry and Technology Center Tomorrow.

The Minister of Trade, Ömer Bolat, is reported to participate in the opening ceremony of the Chemistry and Technology Center in Kocaeli on December 27. The ceremo...

Assessment of the Economic Program by Vice President Yılmaz

Vice President Cevdet Yılmaz, in a statement made via social media, evaluated Turkey’s economic program and noted that positive results have been achieved in vari...

Azerbaijan Airlines Plane Shot Down by Russian Air Defense System - Reuters

Investing.com -- According to four Reuters sources familiar with the investigation in Azerbaijan, an Azerbaijan Airlines plane was shot down by a Russian air defe...

Spot Bitcoin ETFs Shaken by Major Outflows This Week

Spot bitcoin exchange-traded funds (ETFs) approved by the U.S. Securities and Exchange Commission (SEC) earlier this year have seen outflows exceeding $1.5 billio...

Guatemala Open to Accepting Deportees from the U.S.

According to three closely related sources, Guatemala has expressed its willingness to accept citizens of other Central American countries who have been deported ...

ASELS' Sales to the EU, GARFA's Asset Disposal, SNICA's New Agreement in Iraq, and Other Company Developments of the Day

During the day, several announcements were made to the Public Disclosure Platform (KAP), highlighting significant developments in the Turkish defense industry, fi...

Market Outlook: No Cotton Transactions Occurred at IHB

Forex - No cotton transactions occurred at the Izmir Commodity Exchange. According to information compiled from the Izmir Commodity Exchange bulletin, the buyer's...

Yılmaz: Bringing Inflation Down to Single Digits and Ensuring Stability at These Levels is Our Top Priority

Forex - Cevdet Yılmaz stated, "Our top priority is to reduce inflation to single digits and ensure stability at these levels." He also mentioned that they will co...

"Joe Biden Allegedly Considering New Restrictions on Russian Energy"

Forex - The Biden administration is considering new and significant financial sanctions against Russia in the energy sector, partially to provide leverage to the ...