Confidence among Japan’s biggest manufacturers is at an 11-year high, a key central bank survey showed on Dec. 15, as the world’s number-three economy picks up pace.
Turkey’s external assets rose to $233.5 billion as of October, 8.4 percent up from the end of 2016, Turkey’s Central Bank announced on Dec. 15.
Turkey’s indigenous fighter jet TFX is set to fly at twice the speed of sound in 2023, daily Habertürk reported on Dec. 15.
Disney is buying a large part of the Murdoch family’s 21st Century Fox for about $52.4 billion in stock, including film and television studios and cable and international TV businesses, as it tries to meet competition from technology companies in the entertainment business.
President Recep Tayyip Erdoğan on Dec. 14 urged businesses to create more jobs in the upcoming financial year, stressing that the higher-than-expected growth rate announced earlier this week should encourage them to hire more employees.
Turkey’s first automated urban metro system was launched on Dec. 15 in Istanbul, the country’s largest city.
Egypt’s agriculture ministry has officially brought its policy on common grain fungus ergot into line with other government agencies, in a move traders hope will end long-running confusion over import requirements at the world’s biggest wheat buyer.
Turkey’s Central Bank raised its late liquidity window rate by 0.50 basis points on Dec. 14 after a U.S. Federal Reserve hike, but left its main policy rate on hold, which was followed by a fall in the Turkish Lira’s value.
Greeks walked off the job in a nationwide strike yesterday to protest austerity measures and reforms the leftist-led government has agreed with the country’s creditors in exchange for bailout loans.