British Steel is considering closing its melting furnaces, putting over 2,000 jobs at risk.

British Steel has announced that it will consult on the potential closure of two blast furnaces and steel production operations, as well as a proposed reduction i...

The foreign trade deficit reached 7.8 billion dollars in February.

According to the preliminary foreign trade data for February 2025, prepared in collaboration with the Turkish Statistical Institute (TÜİK) and the Ministry of Tra...

The TMO has canceled the export tender for durum wheat, allowing up to 50,000 tons.

Foreks - The Grain Board (TMO) has canceled the export tender for pasta wheat of up to 50,000 tons.

In a statement from TMO, it was announced that the tender fo...

ForInvest News BIST100 closing forecast survey results are in.

In a survey conducted by Foreks - ForInvest News with analysts, the median forecast for the closing difference value of the BIST100 index was 60.93 points, while ...

Critical statement from Russia: "BRICS is developing an alternative to SWIFT."

Russian Finance Minister Anton Siluanov announced that BRICS countries are working on establishing an international payment system based on their national currenc...

The summary of the TCMB Monetary Policy Committee has been published.

Foreks - The summary of the Monetary Policy Committee meeting held by the Central Bank of the Republic of Turkey (CBRT) on March 20, 2025, has been published.

T...

JPMorgan has lowered the target prices for GM and Ford.

Foreks - JPMorgan (NYSE:JPM) has revised its target prices downward for General Motors and Ford (IS:FROTO) Motor.

JPMorgan lowered its target price for GM from ...

The decline in KKM and participation accounts continued.

Foreks - The decline in currency-protected TL deposits and participation accounts continues. Currency-protected TL deposits and participation accounts have decrea...

CBRT: Additional measures will be taken if deemed necessary.

The Central Bank of the Republic of Turkey (CBRT) announced that additional measures would be taken if deemed necessary to ensure the effective functioning of fin...

MARKET OVERVIEW - The reference price in the spot natural gas market reached 12,388.90 TL.

In the spot natural gas market, the reference price for one thousand cubic meters reached 12,388.90 TL yesterday. The price of natural gas was at 12,354.93 TL the...

Winnebago Industries' earnings are better than expected at $0.01, while profits fall short of expectations.

According to the Winnebago Industries (NYSE: WGO) report, the second-quarter earnings per share were $0.19, beating analysts' expectations of $0.18 by $0.01. The ...

Central Bank: "Additional measures will be taken if deemed necessary."

The Central Bank of the Republic of Turkey (CBRT) announced that it will take additional measures as necessary to maintain the stability and efficient functioning...

MARKET OVERVIEW - The spot electricity price reached 2,242.56 TL/MWh.

On March 28, the arithmetic average of electricity consumption prices in the Day Ahead Market (DAM) operated by Foreks - Energy Markets Operation Inc. (EPİAŞ) was...

Fed member warns about inflation: "Customs tariffs could create lasting price pressure."

Alberto Musalem, President of the St. Louis Fed, recently noted that the likelihood of inflation in the U.S. remaining above the Fed's 2% target has increased. He...

The deadlines for submitting and paying annual income tax returns have been extended.

Foreks - The deadlines for filing and paying annual income tax returns have been extended.

According to a statement by the Revenue Administration (GİB), the dea...

Official reserve assets decreased by 4.7% in one week.

Foreks - Official reserve assets decreased by 4.7% to $163.1 billion in the week of March 21 compared to the previous week. According to the Central Bank of Turke...

Foreign investors made sales in the stock market.

In the week of March 21, foreign investors made a net sale of $443.8 million in equities, based on data excluding market price and exchange rate fluctuations, as ...

The Central Bank of Turkey's foreign currency reserves decreased by 8.7 billion dollars.

Last week, the Central Bank of the Republic of Turkey (CBRT) experienced a significant decline in foreign currency reserves. According to the weekly data from the...

Adc Thera's revenue of $0.18 surpasses expectations, while profits fall short of forecasts.

According to the Adc Thera (NYSE: ADCT) report, the earnings per share for the fourth quarter was -$0.250, exceeding analysts' expectations of -$0.430 by $0.18. T...

The foreign currency deposits of residents in Turkey increased by 6.3 billion dollars.

Foreks - The foreign currency deposits of domestic residents increased by $6.3 billion in one week. According to data released by the Central Bank of the Republic...

For the first time in 9.5 years, the number of unemployed people in Turkey has fallen below 3 million.

Trade Minister Prof. Dr. Ömer Bolat shared positive developments regarding unemployment by evaluating employment data for February 2025. He noted that the number ...