StartupCentrum - Yıldız Tekno GSYO Releases the 2024 Q3 Turkey Startup Ecosystem Investment Report

Forex - The year 2024 has begun as a year filled with new beginnings and opportunities for the Turkish entrepreneurship ecosystem. Strengthened by the experiences...

Russia's Deputy Foreign Minister Meets with Chinese Foreign Minister in Beijing

Forex - According to reports from RIA, Russian Deputy Foreign Minister Andrei Rudenko met with Chinese Foreign Minister Wang Yi in Beijing. Rudenko played a role ...

STOCK VALUATION - Alnus Investment Lowers Target Price for ARCLK-Arçelik from 220 TL to 200 TL, Upgrades Recommendation from "Hold" to "Buy"

Forex -

Chinese Baosteel Expects First Shipment from Simandou by End of 2025

Baoshan Iron & Steel (Baosteel), China's largest steel producer listed on the stock exchange, announced that it expects to complete the infrastructure constructio...

UBS Reports Third Quarter Results That Significantly Exceed Expectations

UBS Group AG announced third-quarter results that significantly exceeded expectations. The bank reported net income of $1.43 billion, nearly double the analysts' ...

Pilbara Minerals Reduces Production Forecast for Fiscal Year 2025

Forex - Australian Pilbara Minerals has lowered its fiscal production forecasts for 2025 and announced a cash flow improvement of AUD 200 million (USD 131.2 milli...

Alcoa Believes Copper Substitution Will Strengthen Aluminum

Foreks - Alcoa CEO William F. Oplinger stated that there is a significant bullish sentiment in aluminum driven by the increase in demand resulting from the energy...

MARKET OVERVIEW - Iron Ore Drops as EU Tariff Hike Concerns Weigh Heavily on China's Financial Stimulus Optimism

Iron ore prices fell as concerns over steel demand in China outweighed expectations for more fiscal stimulus from Beijing following the European Union's decision ...

US Election Risk Premium Pricing Could Elevate Gold Prices

According to a report from two members of the OCBC Global Markets Research, the rise of gold continues as markets continue to price in the risk premium of the U.S...

TANKER REPORT - Two Tankers Depart from Ceyhan BTC Port

Foreks - Two tankers have departed from the Ceyhan BTC Terminal, marking the second step in delivering oil from the Baku-Tbilisi-Ceyhan (BTC) pipeline to countrie...

MARKET OUTLOOK - Copper Remains Flat Ahead of U.S. Elections and Major China Meeting

Copper prices remained steady as market traders prepared for the contentious U.S. presidential election and anticipated further stimulus measures from China.

At...

Harris Claims Trump is Pursuing Unlimited Power

Hibya - U.S. Vice President and Democratic presidential candidate Kamala Harris stated yesterday at a crowded campaign event at the White House in Washington, “If...

TANKER REPORT - 17 Tankers to Transit Through the Dardanelles and Istanbul Straits Today

Forex - There are no issues with transit passes through the Çanakkale and Istanbul Straits, which are among the most important routes for transporting oil from th...

TANKER REPORT - 29 Tankers Currently Docked at Black Sea Ports

According to a report prepared by Tribeca Maritime Services and shared via email, a total of 33 tankers are currently located in Black Sea ports, which serve as t...

Visa to Lay Off Approximately 1,400 Employees and Contractors by Year-End

Visa is reported to be laying off approximately 1,400 employees and contractors by the end of the year, with around 1,000 of those positions being in technology. ...

Morgan Stanley/Pick: The Era of Zero Interest Rates and Inflation is Over

Morgan Stanley (NYSE:MS) CEO Ted Pick stated that the days of easy money and zero interest rates are definitely in the past. Referencing the famous 1992 book by F...

SNB/Schlegel: Further Rate Cuts May Be Necessary

Forex - Swiss National Bank (SNB) President Martin Schlegel stated that the SNB may further lower interest rates to maintain price stability. Schlegel said, "In t...

Goldman Lowers Gold Price Forecast to $3,000 by End of 2025

Goldman Sachs has revised its gold price forecast down to $3,000 by December 2025, maintaining a bullish stance due to strong demand for physical gold from financ...

STOCK ASSESSMENT - Halk Yatırım Lowers Target Price for ARCLK - Arçelik from 227.25 TL to 206.3 TL, Maintains "Buy" Recommendation

Forex -

TKYB to Provide Mediation and Consulting Services for Businesses to Secure Direct Investment Funding

Foreks - Türkiye Kalkınma ve Yatırım (IS:KLNMA) Bankası (TKYB) will provide brokerage and consultancy services for businesses to obtain funding through direct inv...

Establishing a Financial and Technology Hub in Istanbul

A Financial and Technology Hub will be established in Istanbul. The decision regarding the "Approval of the 2025 Presidential Annual Program" prepared by the Pres...