ISTANBUL: The UK economy has grown annually by 0.7% in the second quarter, below forecast, according to the Office for National Statistics (ONS) data on Monday.?
The UK’s economy narrowed by 0.2% in the last quarter of 2023 and posted a slight increa…
ISTANBUL: Germany’s import prices posted a slight increase in August with 0.2% year-on-year, the country’s statistical office revealed on Monday.?
Higher consumer goods prices had the biggest impact on the import prices in the month, while non-durabl…
ISTANBUL: Trkiye’s benchmark stock index dropped by 0.3%, or 29.79 points, to open at 9,747.67 points on Monday.
On Friday, the index closed down 0.62% at 9,829.19 points, with a daily trading volume of 69 billion Turkish liras ($2.03 billion).
As o…
ANKARA: Egypt has lost $6 billion in Suez Canal revenue due to escalating geopolitical tensions in the region, President Abdel Fattah al-Sisi said on Sunday.
Speaking during a police graduation ceremony, Sisi said revenue of the international waterwa…
ISTANBUL: The Turkish benchmark stock index closed the week at 9,777.46 points on Friday, down 0.53% from the previous close.?
After the BIST 100 index started the day at 9,814.69 points, it fell 51.73 points from Thursday’s close.?
The lowest value…
ISTANBUL: Trkiye’s foreign trade deficit narrowed by 42.7% in August, reaching $4.99 billion, according to figures released by the Turkish Statistical Institute (TurkStat) on Friday.
In August, the country’s exports totaled $22.05 billion, marking a …
ISTANBUL: Trkiye’s international reserves hit a historical high level last week, reaching $156.4 billion, the Turkish treasury and finance minister stated on Thursday.
Trkiye’s foreign reserve adequacy exceeded the threshold level according to the in…
ISTANBUL: While the world’s major central banks are expected to cut interest rates in quick succession, experts are divided, as some argue that a rapid decline may harm economies by undermining prior efforts.
This week, the Bank for International Set…