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News
12.05.2020 11:48:42
Economy
Coronavirus deaths pass 80,000 in US
The US remains the country hardest-hit by the coronavirus pandemic with nearly one-third of the world's over 4.1 million confirmed cases.
05.12.2020
20.08.2019 11:39:40
Economy
Private sector short-term external loans down in H1 of 2019
According to the Central Bank report, Turkish private sector’s foreign loans have fallen $3B since end-2018.
08.20.2019
24.07.2019 14:56:21
Economy
Deutsche Bank’s net loss in Q2 worse than expected
German Deutsche Bank’s net loss became $3.6 billion in the second quarter of 2019.
07.24.2019
29.06.2019 09:49:59
Economy
Greece privatization fund launches process for sale of Athens Airport
Athens International Airport is the largest airport in Greece, handling 24 million passengers a year, of which 16.4 million are international travelers.
06.29.2019
19.06.2019 10:02:38
Economy
Trump plans to hold trade talks with China’s Xi at G20
Trump and Chinese President Xi Jinping agreed to meet in Japan next week.
06.19.2019
18.06.2019 15:28:51
Economy
Turkey plans to increase mutual tourism with Russia
Two countries' authorities agreed to expand mutual tourism and cultural ties at the opening of the joint festival.
06.18.2019
17.06.2019 15:48:28
Economy
Deutsche Bank plans to set up ‘bad bank’
Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday.
06.17.2019
13.06.2019 17:35:49
Economy
Three new banknotes added to monetary cone in Venezuela
Venezuelan Central Bank officials announced that the new bills to make payments systems more efficient.
06.13.2019
12.06.2019 15:08:25
Economy
Central Bank keeps interest rates unchanged: Turkey
The bank expected the current account balance to maintain its improving trend.
06.12.2019
10.06.2019 10:59:29
Economy
Facebook to reveal company’s own cryptocurrency in June
According to the sources, Facebook is ready to reveal details about its cryptocurrency. The social media giant plans June 18th for the cryptocurrency debut.
06.10.2019
08.06.2019 15:28:21
Economy
Turkey signs MoU with Canada to boost trade cooperation
Turkish Trade Minister Ruhsar Pekcan stated that the agreement aims to improve commercial relations and increase investment.
06.08.2019
03.06.2019 16:57:39
Economy
Trade Minister: Turkey's exports hit record high
Turkish trade minister Ruhsar Pekcan says the country's exports last month jumped 11.46 percent year-on-year, while imports fall 19.85 percent.
06.03.2019
21.05.2019 13:39:31
Economy
Russia criticizes US pledge to sanction Nord Stream 2
The Nord Stream 2 gas pipeline project has come under fire from US.
05.21.2019
20.05.2019 09:32:42
Economy
Google restricts Huawei’s Android license
Following the US crackdown on Chinese technology companies, Google pulls Huawei’s Android license.
05.20.2019
16.05.2019 16:58:29
Economy
At least 85,000 houses sold in April
Last year, over 1,37 million property sales were recorded in Turkey while around 650,000 of them were newly-built houses.
05.16.2019
14.05.2019 15:30:30
Economy
European Union industrial production down
The industrial production in the EU saw a decrease of 0.4 percent year-on-year in March, according to official figures.
05.14.2019
10.05.2019 17:26:34
Economy
Machinery exports increase in Turkey
The country earns nearly $6B from machinery exports in the first 4 months of 2019.
05.10.2019
08.05.2019 10:34:38
Economy
Oil prices rise amid US sanctions
The United States reimposed sanctions on Iran in November last year, demanding all countries stop importing oil from the country.
05.08.2019
05.05.2019 16:22:17
Economy
Turkey's crude oil imports up 78,30% in 2019
Total oil product imports rise by 22,57 percent to 3,4 million tons.
05.05.2019
03.05.2019 14:44:30
Economy
Turkey's inflation rate falls to 19,50 percent in April
Annual inflation in April down from 19,71 percent the previous month, according to official data.
05.03.2019
29.04.2019 12:22:19
Economy
Turkish economic confidence index rises to 84,7 in April
Turkey’s economic confidence index rose to 84,7 points in April, up 3,4 percent from a month earlier, data from the TurkStat showed on Monday.
04.29.2019
22.04.2019 15:32:39
Economy
Manufacturers in China try to survive trade war
China is facing trade barriers are deploying an array of moves to try to keep foreign customers.
04.22.2019
08.04.2019 13:00:49
Economy
Turkey's e-communication saw $1.8B investments in 2018
Last year, mobile subscriber penetration rate reaches 99% in Turkey, transport minister says.
04.08.2019
05.04.2019 16:48:59
Economy
Trade minister aims to raise rate of exports meeting imports
Trade minister Ruhsar Pekcan says upcoming era will be quite a performance period for Turkey by taking important steps in the economy.
04.05.2019
04.04.2019 15:41:48
Economy
Hazelnut exports bring Turkey $1.1billion in 7 months
Turkey, the world's largest hazelnut exporter, sells nearly 190,000 tons of hazelnut from September to March.
04.04.2019
03.04.2019 14:44:19
Economy
Oil prices climbing towards five-month high
Brent crude increases to $70 on Wednesday, while WTI rises to $62.85.
04.03.2019
30.03.2019 14:14:38
Economy
Turkish Treasury and Finance to repay over debt in April-June
Treasury and Finance Ministry says, Treasury will borrow $5.77B from domestic markets over the next 3 months.
03.30.2019
28.03.2019 13:36:30
Economy
Turkey's Central Bank raises swap sale limits
Lenders’ limits will be 30 percent of their pre-determined Foreign Exchange and Banknotes Market transaction limit.
03.28.2019
27.03.2019 17:14:21
Economy
Turkey to raise machinery exports to Germany
Last year, the sector sold machinery worth $2.5 billion to Germany, which he underlined is the world machine industry's center.
03.27.2019
23.03.2019 16:15:44
Economy
Turkish simit chain CEO urges focus on branding
Choosing the right location key for retailers' success says the head of the Turkish food chain enjoying success in 25 countries.
03.23.2019
22.03.2019 15:05:44
Economy
Turkey: Nearly 6,700 new companies launched in February
The country's top business body says over 1,000 new companies with foreign partners were established last month.
03.22.2019
21.03.2019 14:50:36
Economy
Turkish consumer confidence surges in March
Consumer confidence index stands at 59.4 this month, up from 57.8 in February, says statistical authority.
03.21.2019
17.03.2019 16:21:12
Economy
Sweden: Far-right politician proposes building the mosque
Mark Collins says a mosque and a cultural center will attract more immigrants.
03.17.2019
15.03.2019 18:02:07
Economy
EU: Annual inflation up in February
Eurostat says annual inflation among EU28 countries in February was 1.6 pct, up from 1.5 pct in January.
03.15.2019
15.03.2019 17:43:28
Economy
Microsoft, Vodafone to develop Turkish AI assistant
Microsoft to use Turkish as the default language of the digital assistant.
03.15.2019
15.03.2019 12:42:45
Economy
Istanbul up 9 places in financial centers ranking
In its first entry into GFCI in November 2009, Istanbul ranked 72nd, rose to 68th in Sept. 2018, and to 58th in 2019.
03.15.2019
13.03.2019 16:29:19
Economy
Boeing shares fall after second 737 Max 8 crash
Boeing’s stock took another beating as a raft of countries grounded its 737 MAX 8 aircraft, responding to the deadly crash.
03.13.2019
11.03.2019 12:01:38
Economy
Turkish economy grows 2.6 pct in 2018
The gross domestic product at current prices totaled some $784B in last year, says TurkStat.
03.11.2019
09.03.2019 13:07:35
Economy
US economy loses power
The US economy added only 20.000 jobs — far fewer than expected — last month, the Labor Department said Friday.
03.09.2019
08.03.2019 13:12:58
Economy
ECB keeps interest rates low due to global fluctuation
The European Central Bank has reacted to the threat of recession across the eurozone with a promise to keep interest rates at historically low levels for at least the rest of the year.
03.08.2019
08.03.2019 09:17:57
Economy
Trump says China trade talks progressing nicely
Talks 'going pretty well,' US president says ahead of possible sit-down with Chinese counterpart.
03.08.2019
06.03.2019 16:38:33
Economy
Turkey exports 35 million bouquets on Int'l Women's Day
Turkey sends $5 million-worth of cut flowers to 20 countries for International Women's Day.
03.06.2019
06.03.2019 16:05:21
Economy
Turkey supports domestic producers with $2 billion
Turkish president addresses farmers at presidential complex in Ankara.
03.06.2019
06.03.2019 10:00:59
Economy
Turkey criticizes US decision to end trade preferences
‘Decision conflicts with our mutual objective of reaching a bilateral trade volume of $75 billion,’ says trade minister.
03.06.2019
04.03.2019 17:10:51
Economy
Fall in inflation to continue: Turkish finance minister
Berat Albayrak says February figures positive outcome of measures taken recently.
03.04.2019
04.03.2019 17:05:13
Economy
Turkey posts highest February exports figure
Exports-to-imports coverage ratio rises significantly, 'most important indicator of 2019', says Turkish trade minister.
03.04.2019
27.02.2019 13:33:56
Economy
Economic confidence up in February
Turkey's statistical authority says economic confidence index stands at 79.4 in the current month, up from 78.5 in January.
02.27.2019
23.02.2019 16:32:21
Economy
Turkish Central Bank posts $10.7B net profit in 2018
Central Bank's gold assets in international standard amounted to 488.5 tons as of the end of last year.
02.23.2019
15.02.2019 12:07:51
Economy
Total turnover up 10.8 pct in December
On yearly basis, industry turnover index rises 17 pct in last month of 2018, says statistical authority in Turkey.
02.15.2019
15.02.2019 08:55:40
Economy
Istanbul to host world's angel investors next week
World Congress of Angel Investors also features policymakers, entrepreneurs, and heads of financial institutions.
02.15.2019
13.02.2019 13:22:36
Economy
Turkey, Serbia should target $2B trade volume
Turkish youth and sports minister made comments at the reception in Ankara marking Serbia's National Day.
02.13.2019
06.02.2019 12:05:17
Economy
Domestic tourism expenditure up 18.9 pct in Turkey
Trip expenditures of domestic tourists total $3.78B from July to September last year, says Turkey’s statistical office.
02.06.2019
19.01.2019 12:59:46
Economy
Turkish Central Bank distributes $6.3B advance dividend
Bank holds its Extraordinary General Assembly meeting on Friday.
01.19.2019
17.01.2019 13:28:11
Economy
Turkey's Borsa Istanbul rises 2.4 pct at close
BIST 100 index gains more than 2,200 points versus Tuesday's close.
01.17.2019
15.01.2019 13:24:56
Economy
Turkey achieves year-end budget deficit target in 2018
Turkish finance minister says country's budget deficit stood at 72.6B Turkish liras last year.
01.15.2019
11.01.2019 13:03:30
Economy
Turkey giving $570M support for exporters in 2019
Financial support will accelerate Turkey's value-added exports, says Trade Minister Ruhsar Pekcan.
01.11.2019
07.01.2019 13:43:34
Economy
Turkish auto market aims over $32B exports in 2019
Turkish automotive sector broke the record in 2018 with $31.6 billion, business association head says.
01.07.2019
03.01.2019 13:41:57
Economy
Apple's warning a bad omen for Wall Street bulls
Apple’s warning on Wednesday about weak iPhone demand in the holiday quarter is a gloomy omen for Wall Street bulls hoping for an early gift in 2019 following December’s steep selloff.
01.03.2019
03.01.2019 12:40:45
Economy
Turkey's annual inflation slips in December
Consumer prices in December down 0.40 percent compared to previous month, according to official data.
01.03.2019
31.12.2018 16:11:34
Economy
China factory activity shrinks for the first time in over two years
China’s factory activity contracted for the first time in over two years in December, highlighting the challenges facing Beijing as it seeks to end a bruising trade war with Washington.
12.31.2018
28.12.2018 13:19:07
Economy
Turkey: Economic confidence rises in December
New official data reveals it increases 2 pct to reach 75.2 in the current month.
12.28.2018
28.12.2018 12:59:04
Economy
US-China trade war: Two countries plan to hold talks
China says it has made plans for trade talks with the US in January following 'intensive' telephone calls.
12.28.2018
27.12.2018 13:38:34
Economy
Turkey receives $9.2B in foreign investment in 10-month
EU countries are top sources of direct capital inflow to Turkey, amounts to over 66 percent of total inflow.
12.27.2018
27.12.2018 13:03:02
Economy
Turkey exports 1.2M tons of pasta in 2018
Turkish pasta sector exports rise 14 percent year-on-year in 2018.
12.27.2018
25.12.2018 15:38:27
Economy
Turkey eyes to become 12th-largest economy based on PPP
Turkey will be the 12th-largest economy based on purchasing power parity (PPP) next year, President Recep Tayyip Erdogan said on Tuesday. Currently, the country ranks 13th-largest economy based on PPP
12.25.2018
21.12.2018 13:15:40
Economy
Europe is biggest drag in slump in 2018 equity raising
European equity raising slowed sharply in 2018, making it the biggest drag on falling global activity.
12.21.2018
