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...

Projected Decline: General Government Revenue to GDP Ratio Expected to Fall by 0.6 Points to 31.3% by 2025

Forecast - It is projected that the ratio of general government revenue to GDP will decrease by 0.6 points to 31.3% in 2025 compared to the previous year. The "De...

StanChart's Third Quarter Profits Exceed Expectations

Forex - Standard Chartered's quarterly profit more than doubled compared to a year ago, exceeding analyst forecasts. Deteriorations related to China recovered, su...

Expected Privatization Revenue of 30 Billion TL for the Privatization Fund in 2025

According to forecasts, the Privatization Fund is expected to generate 30 billion TL in privatization revenue by 2025. The decision regarding the "Approval of the...

Toyota's Global Production Declined Again in September

Toyota Motor reported that its global production fell for the eighth consecutive month in September due to declining sales and production in its two largest marke...

MARKET OUTLOOK - China's Central Bank's New Monetary Policy Tool Likely to Keep Short-Term Interest Rates Limited

According to Samuel Tse from DBS Group Research, the new monetary policy tool announced by the PBOC is likely to keep short-term interest rates limited. The econo...

Annual Presidential Program for 2025 Released

Forex - The 2025 Presidential Annual Program has been published.

The "Decision on the Approval of the 2025 Presidential Annual Program," prepared by the Preside...

Visa's Profits Surpass Expectations Thanks to Flexible Consumer Spending

Forex - Visa surpassed Wall Street's fourth-quarter profit expectations, leading to a 2% increase in its shares during after-hours trading. Despite high interest ...

Gold Continues to Break Records

Forex - In early trading in Asia, the price of gold reached a record level due to purchases from investors seeking a safe haven against potential market disruptio...

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

According to reports, Visa is expected to lay off approximately 1,400 employees and contractors by the end of the year, with around 1,000 in technology positions....

API Crude Oil Inventories Decline Slightly Against Expectations

Forex - The American Petroleum Institute (API) reported that crude oil inventories moved contrary to analysts' expectations and showed a limited decline. Accordin...

AMD Stocks Drop Despite Strong AI Growth Failing to Meet Forecasts

Advanced Micro Devices (AMD (NASDAQ:AMD)) has announced its third-quarter results, achieving earnings and revenue that slightly exceeded expectations.

For the q...

Google States Next-Generation AI Agents Won't Launch Until 2025 at the Earliest

Foreks - Google (NASDAQ: GOOGL) will not release the technology behind its extensive effort Project Astra, aimed at creating artificial intelligence applications ...

Goldman Sachs: Investors May Be Overstating the Risk of Market Uncertainty Amid Unclear U.S. Election Outcomes

Goldman Sachs Group stated that global investors are exaggerating the risk of financial markets being plunged into uncertainty if there is no clear winner in the ...

Reddit Shares Surge 22% on Earnings Boost and Better-Than-Expected Forecasts

Foreks - Reddit shares surged by 22% in after-hours trading on Tuesday, crossing the $100 mark for the first time after the social media company reported third-qu...

EU Raises Tariffs on Chinese-Made Electric Vehicles Up to 45.3%

The European Union has decided to increase tariffs on Chinese-made electric vehicles by up to 45.3% at the conclusion of its highest-profile trade investigation. ...

China's Ministry of Commerce: China Rejects EU's Electric Vehicle Tariffs

The Chinese Ministry of Commerce announced that it "does not accept" the European Union's decision to raise the customs tariff on Chinese electric vehicles to 45....

Yellen: Banks Are Crucial for Supporting Economic Priorities

U.S. Treasury Secretary Janet Yellen announced a new National Strategy for Financial Inclusion, focusing on access to transaction accounts, safe and affordable cr...

Bank of America Weighs Lawsuit in Zelle Investigation

Bank of America (BofA) is evaluating the possibility of legal action while holding discussions with Consumer Financial Protection Bureau (CFPB) staff regarding th...

First Solar Accuses Rivals of Patent Infringement

In a recent announcement, U.S. solar panel manufacturer First Solar accused several of its major competitors of patent infringement. The company took action by se...

Roaring Kitty Exits Chewy Position, Shares Decline

Keith Gill, known as Roaring Kitty on social media platforms, has reportedly liquidated his position in Chewy Inc. (NYSE:CHWY), according to a recent filing with ...