South American Country Continues Bitcoin Purchases Despite IMF Agreement

The El Salvador government expanded its strategic reserve by purchasing $1 million worth of Bitcoin following a $3.5 billion financing agreement with the Internat...

Bolat: Trade Between Turkey and Syria Will Accelerate Significantly Soon

Forex - Minister of Trade Ömer Bolat, who inaugurated the Customs Laboratory in Gaziantep, stated, "Trade operations between Turkey and Syria, which have been ong...

ITM Stocks Rise After Securing FEED Contract for EU Green Hydrogen Production Facility

Investing.com -- Leading energy technology company ITM Power announced this morning that it has been awarded a Front-End Engineering Design (FEED) contract for a ...

Record Outflows in Bitcoin ETFs

Bitcoin ETFs experienced a record outflow of $671.9 million on Thursday, breaking a 15-day streak of positive inflows. This represents the largest daily outflow s...

Bank of Japan May Wait at Least Until March for Potential Rate Hike: BofA

Investing.com -- The Bank of Japan (BoJ) has decided to maintain its unsecured overnight call rate target at 0.25%. This decision was anticipated by 56% of analys...

European Natural Gas Prices Hover Around €44 Amidst Uncertainty Over Ukraine Transit Route

European natural gas prices are trading just below €44 per megawatt hour after a significant increase in the previous session due to the uncertain future of Ukrai...

Foxconn Halts Interest in Nissan Due to Potential Merger Talks with Honda - Report

Foxconn, the Taiwan-based iPhone manufacturer known as Hon Hai Precision Industry Co., has decided to halt its bid for Nissan Motor Co., according to Bloomberg Ne...

Volkswagen's Restructuring Talks with Worker Leaders Hit a Snag

Investing.com -- Discussions between Volkswagen and labor leaders regarding the restructuring plan for its German operations have encountered some obstacles. Acco...

Banxico Cuts Interest Rates, Future Reductions Dependent on Peso's Movement

The Bank of Mexico (Banxico) unanimously decided to lower the interest rate by 25 basis points, bringing it down to 10.00%. This decision indicates that the bank'...

TÜREB/Erden: €15 Billion Investment in Wind Energy Installed Capacity

Foreks - The TÜREB Financial Institution Stakeholders meeting was attended by nearly 150 industry professionals, including representatives from public institution...

UK Retail Spending Surge May Not Save Economy from Recession

According to Alex Kerr from Capital Economics, a slight increase in retail spending may not be enough to save the UK economy from stagnation or worse in the final...

Update: Kiler Holding Acquires 90.5% of Generali Insurance

Kiler Holding (IS:KLRHO) has acquired the operations of Generali Sigorta, Turkey’s first insurance company, in the country. Nahit Kiler stated that following the ...

Japanese Government Adjusts Corporate Profit Outlook Amid Economic Recovery Claims

Forex - The Japanese government stated that the economy showed a moderate recovery in December; however, it warned about upcoming risks such as high interest rate...

Environmental Impact Assessment Process Initiated for Camish Mining's Quartz Sand Quarry Area and Production Capacity Expansion Project

The Environmental Impact Assessment (EIA) process has begun for the Quartz Sand Quarry Area and Production Capacity Increase project planned by Camiş Mining.

In...

Ifo: Germany's Retail Sector Business Climate Index Dips Slightly

Foreks - The Ifo Institute reported that the business climate index for Germany's retail sector has slightly declined due to retailers assessing their current sit...

A New Era Begins with İş Bank and Alipay Collaboration

Forex - Türkiye İş Bankası (IS:ISATR) has started accepting the Alipay+ wallet application, which boasts 2 billion users across more than 10 countries, at its POS...

Morgan Stanley Expects the Central Bank of Turkey to Kick Off Rate Cuts with a 200 Basis Points Reduction

Morgan Stanley (NYSE:MS) stated that, "Considering the latest communication from the Central Bank of Turkey (CBRT), we expect interest rate cuts to begin with a r...

Ticimax/Çiğdemli: Withholding Tax Implementation on E-Commerce Will Constrict the Industry

In the new system, a withholding tax will be applied to all sales made by sole proprietorships, joint-stock companies, and limited companies through e-commerce pl...

MASFED Re-elects Aydın Erkoç as President, Renewing Trust

Foreks - Aydın Erkoç has been unanimously re-elected as the Chairman of the Board of the Motor Vehicle Dealers Federation (MASFED), the umbrella organization of m...

Santander to Sell 30.5% Stake in Caceis Back to Credit Agricole

Foreks - Santander (BME:SAN) is preparing to return the asset servicing bank under the full control of the French credit institution by selling its 30.5% stake in...

Uraloğlu: Eurasia Tunnel Serves 151 Million Vehicles in 8 Years

Forex - Minister of Transport and Infrastructure Abdulkadir Uraloğlu stated that the Eurasia Tunnel has served 151 million vehicles in 8 years, adding, "It has co...