Oil prices plunge over 10 pct on Trump's Iran remarks

Turkish consumer confidence declines in March

Indonesia eyes $4.7 billion in savings to brace for war impacts

Housing sales in Dubai down 25 percent amid Mideast tensions

EU chief in Australia with eyes on trade deal

Global economy under 'major threat' from Hormuz crisis: IEA chief

Turkish tax authority targets wealthy non-filers

The Treasury and Finance Ministry’s Tax Inspection Board (VDK) is set to issue notices to 16,300 high-income taxpayers who failed to file income declarations despite lavish spending patterns.  

Iran crisis poses new challenges to Turkish agriculture

Türkiye’s agricultural sector, which is already grappling with drought, frost and rising input costs, now faces a fresh blow as disruptions in the Strait of Hormuz threaten fertilizer shipments.  

New models drive momentum in Türkiye’s auto industry

Türkiye’s automotive sector is stepping into a vibrant new chapter in 2025, with legacy manufacturers launching fresh models and new competitors entering the scene.  

Stocks tumble, oil rises as Trump gives Iran 48-hour ultimatum

Stocks tumbled Monday and oil prices jumped after Donald Trump and Iranian leaders traded threats over the key Strait of Hormuz, while Israel said the Middle East war could last several more weeks.

Experts flag worries over US-China 'Board of Trade'

As Washington and Beijing mull a new mechanism to adjust trade between the world's two largest economies, some analysts warn that it could interfere with market forces, while others consider it a path to smoother coexistence.

SoftBank plans massive US power plant for AI data centers

Japan's SoftBank Group has said it plans to build a huge new gas-fired power plant in the U.S. state of Ohio to provide energy for artificial intelligence data centers.

Kenya and Uganda open rail extension

The presidents of Kenya and Uganda met near their shared border on March 21 to mark the multi-billion-dollar, long-delayed extension of a Chinese-built railway that has left Kenya heavily in debt.

Bangladesh rushes to secure $2 bln loan

Bangladesh is pushing to secure loans of around $2 billion from multilateral agencies for tackling energy security concerns amid soaring global fuel prices driven by the Mideast war.

Türkiye’s solar energy capacity surges 641-fold in 12 years

Türkiye’s solar energy capacity has surged 641-fold over the last 12 years, reaching 25,827 megawatts by the end of January 2026, according to data released by the Energy and Natural Resources Ministry.

IEA chief urges gov’ts to cut oil use as Hormuz crisis deepens

The head of the International Energy Agency (IEA) has called on governments to immediately slash oil and gas consumption through emergency conservation measures, warning that the ongoing closure of the Strait of Hormuz has triggered the worst energy security crisis in recorded history.

Grocery retail dominates Türkiye’s small business sector

Türkiye’s small business landscape remained dynamic in January, with “grocery retail, dealership and kiosk operations” emerging as the most widespread trade among shopkeepers, according to compiled data.

Istanbul has most stock market investors

Istanbul remains the center of Türkiye’s equity markets with more than 1.6 million residents holding stock portfolios valued at 4.1 trillion Turkish Liras ($92.8 billion) as of the end of February, according to data from the Central Securities Depository. The city’s total portfolio value surged by 66.8 percent compared to the same month last year, representing an increase of approximately 1.6 trillion liras ($37.2 billion).