Fed's Rate Cuts Will Trigger a $2 Trillion Exodus from Money Market Funds

Forex - Torsten Slok from Apollo stated that the Fed's easing cycle will trigger a significant outflow from money market funds. The firm's chief economist noted t...

Ministry of Trade Imposes Mandatory Disclosure of Grana Information on Menus

The Ministry of Trade has imposed a requirement to provide weight information on döner, İskender, and hamburger products in the food and beverage sector. Accordin...

Greenzy Takes Its First Step into the Turkish Market in Collaboration with Türkiye İş Bankası

As the world rapidly approaches the carbon neutrality target set for the mid-21st century by the Paris Agreement signed by 195 countries, investments in renewable...

Smartphone Sales in China Decline by 9% During Singles' Day Shopping Festival

According to Counterpoint Research, total smartphone sales in China have decreased by 9% during this year's Singles Day shopping festival compared to last year, w...

TURKSTAT Launches New Study to Provide Statistics to Aid Decision-Makers in R&D Policy Development

The Turkish Statistical Institute (TÜİK) has prepared a new study to provide statistics that will assist decision-makers in policies related to R&D activities. In...

Japan's Prime Minister Ishiba Reaches Agreement with DPP on Stimulus Package

According to Makoto Hamaguchi from the Democratic Party of Japan (DPJ), Prime Minister Shigeru Ishiba has reported that he has reached an agreement with his party...

MARKET OUTLOOK - The Surge in Inflation Will Not Prevent the BoE from Lowering Interest Rates

Foreks - According to Ruth Gregory from Capital Economics, the inflation spike in October will not prevent the Bank of England from lowering interest rates, but i...

Japan's Prime Minister Ishiba Reaches Agreement with DPP on Stimulus Package

According to Makoto Hamaguchi from the Democratic People's Party (DPP) of Japan, Prime Minister Shigeru Ishiba has reported that he has reached an agreement with ...

"Claim That Hospital Defrauding SGK Sponsored Erdoğan's US Trip Denied"

The Disinformation Combat Center (DMM) stated that the claim spreading in various media outlets and on social media, stating "The hospital defrauding SGK was a sp...

Wages in Germany Experience Strongest Surge in 30 Years

According to the Bundesbank, Germany recorded the strongest wage growth in over thirty years in the third quarter, despite the economy slipping into stagnation. I...

Istanbul Stock Exchange Kicks Off the Day with Gains: Which Stocks Took the Lead at Opening?

The BIST 100 index started the day with a 0.43% increase at 9,272.75 points.

The BIST 100 index closed at 9,232.90 points, down 1.73% in yesterday's trading. The...

Foreign Producer Price Index Figures Released

The Turkish Statistical Institute (TÜİK) has published the report on the Foreign Producer Price Index (YD-ÜFE) for October. In October 2024, YD-ÜFE showed an annu...

Agricultural Input Inflation Hits Lowest Level in 15 Months

The Turkish Statistical Institute (TÜİK) has released the agricultural input inflation data for the period of September 2024. The agricultural input price index (...

Market Outlook: If Inflation in the UK Remains Above 2%, BoE May Be Less Eager to Cut Rates

Suren Thiru from the Institute of Chartered Accountants in England and Wales stated that a significant increase in inflation in the UK could lead to a more cautio...

Oil Prices Surge Amid Ukraine Tensions and Increasing Demand in China

Oil prices moved upwards today amidst rising tensions from the Ukraine war and signs of recovery in China's crude oil imports. Brent crude oil futures rose by 0.1...

Xiaomi's Q3 2024 Revenue Surges 30.5% Year-over-Year to 92.5 Billion RMB

Xiaomi has announced its revenue for the third quarter of 2024. The adjusted net profit reached 6.3 billion RMB, maintaining high levels from previous periods, wh...

Crypto-Friendly Nominee for SEC from Trump

According to Coindesk, Trump's transition team is considering Teresa Goody Guillen, a partner at the law firm BakerHostetler, for the position of chair of the U.S...

Economists Predict Return to Parity Between Euro and US Dollar

Forex - The potential for a series of new tariffs under the Trump administration has led some economists to predict a return to the euro-US dollar parity. A weak ...

Agricultural Input Price Index Sees Monthly Rise of 1.77% and Annual Surge of 31.83%

Foreks - The Agricultural Input Price Index (Agri-IPI) increased by 1.77% monthly and 31.83% annually.

According to the statement made by the Turkish Statistica...

Annual Increase in Foreign Producer Price Index Reaches 30.70%

Foreks - In October 2024, the Domestic Producer Price Index (YD-ÜFE) showed an increase of 0.09% compared to the previous month, an increase of 23.45% compared to...

In October, 209,401 Vehicles Registered in Traffic

In October, 50.9% of the vehicles registered for traffic were motorcycles, 35.6% were cars, 8.2% were vans, 2.8% were tractors, 1.4% were trucks, 0.7% were minibu...