S&P Global Upgrades Turkcell's Credit Rating

Following S&P Global's unrequested upgrade of Turkey's long-term country credit rating to 'BB-', it has also upgraded Turkcell's credit ratings.

S&P Global stat...

USUAL: Binance Prepares to Launch a New Stablecoin

Binance, one of the largest platforms in the crypto market, announced the launch of a new stable cryptocurrency, USUAL, on November 19, 2024.

USUAL will be the ...

Exchange Bank's Money Market Achieves 31.5 Billion TL Trading Volume

In the Forex - Takasbank Money Market, a transaction volume of 31,490,492,000-TL was recorded today. In dollar terms, the figure amounted to 917,774,410.

DAY

MI...

S&P Global Upgrades Turkish Telecom's Credit Rating

On November 1, S&P Global raised Turkey's unsolicited long-term country credit ratings to 'BB-' and consequently upgraded Türk Telekom's (IS:TTKOM) credit ratings...

VanEck Launches SUI ETN in Europe and Other Key Developments in the Altcoin Market

Significant developments are occurring in the cryptocurrency market recently. VanEck has launched an exchange-traded note (ETN) based on the SUI token in Europe, ...

Ifo: The Annual Cost of Excess Bureaucracy in Germany Amounts to 146 Billion Euros

According to a study conducted by the Ifo Institute, excessive bureaucracy costs Germany up to 146 billion euros in lost economic output each year. Oliver Falck, ...

Gardener: ISO Academy will Make a Qualified Contribution to the Future of Our Industry and Production Life

Istanbul Chamber of Commerce (ICC) Board Chairman Erdal Bahçıvan stated, “At the ICC Academy, which we established to contribute to qualified human resources, we ...

Current State of the Banking Sector According to BDDK Data

Data published by the Banking Regulation and Supervision Agency (BDDK) on November 14, 2024, reveals various dynamics of the Turkish banking sector. Here is the c...

Domestic Residents' Foreign Currency Deposits Drop by $1.0634 Billion

Forex - Domestic residents' foreign currency deposits decreased by $1 billion 63.40 million in a week. According to data released by the Central Bank of the Repub...

Walt Disney Earnings Beat Expectations at $0.04, Profits Also Exceed Estimates

According to Walt Disney's (NYSE: DIS) report, the earnings per share for the fourth quarter were $1.14, exceeding analysts' expectations of $1.10 by $0.04. The r...

Current Status of TCMB Reserves and Investments by Foreign Residents

According to the data dated November 8, 2024, the Central Bank of the Republic of Turkey (CBRT) observed fluctuations in its reserves and in the capital market in...

TABLE - CBRT Analytical Balance Sheet

Forex -

MARKET OUTLOOK - A Correction Possible Considering the Tension in Long Dollar Positions

Forex - ING stated that the dollar is facing a downward correction but argued that any pullback would be modest and short-lived. ING analyst Francesco Pesole ment...

Turkey's Central Bank Reserves Decrease by $2.3 Billion

Forex - The Central Bank of the Republic of Turkey (TCMB) reserves decreased by 2 billion 311 million dollars last week, reversing after four consecutive weeks of...

Foreign Residents Offload Shares

Foreign investors in Turkey made a net sale of $17.4 million in stocks during the week of November 8, stripping out market price and exchange rate movements. Acco...

Environmental Impact Assessment Process Begins for the Planned Palandöken Holiday Inn Hotel by Reysaş GYO

The Environmental Impact Assessment (EIA) process has begun for the Palandöken Holiday Inn Hotel planned by Reysaş Real Estate Investment Trust (IS:RYGYO). In a s...

Fitch: Optimistic Outlook and Improvements in Capital Structure Observed in Turkish Banks

Fitch Ratings highlighted significant findings in its recent assessment of Turkish banks, emphasizing the resilience of the banking sector against changing macroe...

ASELSAN/Akyol: We Will Continue to Grow

Foreks - ASELSAN, the leader in game-changing technologies, celebrates its 49th anniversary

ASELSAN, which showcases its groundbreaking technologies among the wo...

Industrial Production in the Eurozone Declines, Stability in Employment and GDP Observed

According to data released today, the Eurozone's economic activities continue to paint a complex picture across different sectors. While a decline in industrial p...

Siemens May Lay Off Thousands from Its Digital Industries Division

Forex - In response to significant challenges in its industrial automation business, Siemens may lay off thousands of employees in its Digital Industries division...

As Cryptocurrency Market Rises, Bitcoin Dominance Reaches New Heights

Recently, Bitcoin has experienced significant appreciation, surpassing the $90,000 level and drawing attention in the markets. The cryptocurrency particularly gai...