PAGDER/Benliler: One Machine's Worth of Tax is Paid for Every Five Machines

Foreks - Kenan Benliler, Chairman of the Turkish Plastic Industrialists Association (PAGDER), stated, "A tax equivalent to the value of one machine is paid for ev...

STOCK VALUATION - Yapı Kredi Investment Maintains Target Price of 160 TL and "Buy" Recommendation for GARAN-Garanti BBVA

Forex -

Codelco's Copper Production Dips 5% in First Nine Months, Recovery Expected

Codelco, Chile's state-owned mining company, reported a 4.9% decline in its copper production to 918,000 tons for the first nine months of the year, compared to t...

TANKER REPORT - One tanker departs the Ceyhan BTC terminal, another is currently loading.

Foreks - A tanker has departed from the Ceyhan BTC Terminal, which is the second step in delivering oil from Azerbaijan via the Baku-Tbilisi-Ceyhan (BTC) pipeline...

STOCK VALUATION - Şeker Investment Maintains Target Price of 30.55 TL and "Buy" Recommendation for VESBE-Vestel Beyaz

Forex -

MARKET OUTLOOK - Iron Ore Fluctuates Within Narrow Range as Investors Await Clues on New Chinese Stimulus

Forex - Iron ore futures held in a narrow range today as optimistic industrial data from China boosted sentiment; however, gains were limited as investors awaited...

TANKER REPORT - 17 Tankers to Transit the Dardanelles and Bosphorus Today

Foreks - There are no issues with transit passages through the Dardanelles and Bosphorus straits, which are the most important routes for transporting oil from th...

Yapı Kredi Contributes 1.7 Trillion TL to the National Economy in Q3

Foreks - Yapı Kredi (IS:YKBNK) has demonstrated strong performance in the first nine months of the year, contributing 1.7 trillion lira to the national economy. W...

The Advisory Board Meeting for the Eksun-2 Wind Farm Project to be Held on November 19th

The IDK meeting regarding the Eksun-2 Wind Power Plant project planned by Eksun Gıda (IS:EKSUN) will be held on November 19.

An announcement on the website of t...

IDK Meeting on Eksun-3 Wind Farm Project to Be Held on November 19

A public consultation meeting regarding the Eksun-3 Wind Power Plant project, planned by Eksun Gıda (IS:EKSUN), will be held on November 19th.

In a statement on...

"Positive EIA Decision Granted for Tureks Turunç Mining's Planned Marble Quarry Capacity Expansion Project"

Foreks - An "Environmental Impact Assessment (EIA) Positive" decision has been made regarding the planned capacity increase project for the marble quarry by Turek...

Goldman Sachs Abandons December Rate Cut Expectations from BoE

Goldman Sachs expects the Bank of England (BoE) to maintain interest rates in December, revising its forecast for a 25 basis point cut following what it describes...

MARKET OUTLOOK - Projections Change Little, Rate Hikes on the Horizon

According to Stefan Angrick from Moody's Analytics, the outlook of the Bank of Japan is moderately hawkish. The economist indicated that growth and inflation fore...

Gold Prices Remain Close to Record Levels Despite Pressure from Profit-Taking Sales

Forex - Gold continues to trade near record levels ahead of the U.S. elections, boosted by increased safe-haven demand and data that could influence the Federal R...

Reality Labs Reports $4.4 Billion Loss in Third Quarter

Despite successfully showcasing its Orion prototype AR glasses in September, Meta continues to lose billions of dollars each quarter as it develops the new emergi...

MicroStrategy Reports Losses in Third Quarter Again

Forex - Bitcoin hedge fund representative MicroStrategy Inc. reported a third consecutive quarterly loss after taking a impairment charge against the value of its...

Nagel: ECB Should Take More Cautious Steps and Avoid Acting Too Swiftly

Forex - ECB Governing Council member and Bundesbank President Joachim Nagel stated that the ECB should take more cautious steps and avoid acting too quickly.

Sp...

Booking Holdings' Revenue Climbs 9% to $8 Billion in Q3

Forex - Booking Holdings announced that its revenue for the third quarter of the 2024 fiscal year reached $8 billion, an increase of 9% compared to the same quart...

Honor Secures Investment from China Telecom and CICC Capital

Foreks - Formerly part of Huawei Technologies, Honor announced on Thursday that it has received an undisclosed investment from partners, including a unit of China...

Starbucks Sales Decline by 3.2%

Forex reported that Starbucks (NASDAQ:SBUX) Corporation's third-quarter revenue decreased by 3.2% year-over-year to $9.1 billion. The American coffee chain's oper...

Bank of Japan Keeps Interest Rates Steady

Forex - The Bank of Japan reaffirmed its commitment to achieving stable inflation and economic growth by keeping the policy interest rate unchanged as expected. T...