Economy

Economy Şimşek: Inflation could fall below past averages in spring

Şimşek: Inflation could fall below past averages in spring
Economy Türkiyes capacity utilization rate down in February

Türkiye's capacity utilization rate down in February
Turkish studio Loom Games becomes ‘Turcorn’ after $1 bln valuation deal

Turkish studio Loom Games becomes ‘Turcorn’ after $1 bln valuation deal

Turkish game developer Loom Games has reached unicorn status, locally known as a “Turcorn,” after its majority stake was acquired at a valuation exceeding $1 billion by U.S.-based gaming company Scopely.  
Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant() Turkish business morale improves in February: Survey

Turkish business morale improves in February: Survey
ECONOMY Türkiye’s external assets increase to $413 billion

Türkiye’s external assets increase to $413 billion

As of the end of December 2025, Türkiye’s external assets recorded $413 billion indicating an increase of percent 2.6 compared to the previous quarter, data from the Central Bank showed on Feb. 20.
ECONOMY Mileis labor reform advances to Senate despite general strike

Milei's labor reform advances to Senate despite general strike

Argentina's chamber of deputies on Feb. 20 advanced a contentious labor reform backed by Javier Milei's government for senate consideration, despite a 24-hour general strike against the bill.
ECONOMY Japans Takaichi says fiscal policy not reckless

Japan's Takaichi says fiscal policy not 'reckless'

Japanese Prime Minister Sanae Takaichi said on Feb. 20 that her fiscal policies will not be "reckless", as investors worry that her efforts to boost growth and help consumers with inflation will swell the country's debts.
UN panel aims for human control of AI: Guterres ECONOMY

UN panel aims for 'human control' of AI: Guterres
India chases DeepSeek moment with homegrown tech models ECONOMY

India chases 'DeepSeek moment' with homegrown tech models
Financial incentives for Turkish TV series energize exporters ECONOMY

Financial incentives for Turkish TV series energize exporters
OpenAIs Altman tells leaders regulation urgently needed ECONOMY

OpenAI's Altman tells leaders regulation 'urgently' needed
German railways to cut 6,000 jobs at cargo subsidiary ECONOMY

German railways to cut 6,000 jobs at cargo subsidiary
Air France-KLM posts record profit in 2025 ECONOMY

Air France-KLM posts record profit in 2025
Sharp decline in retail sales marks a difficult start to 2026 ECONOMY

Sharp decline in retail sales marks a difficult start to 2026

Despite year-long discount campaigns that allowed branded retail to close 2025 with only modest growth in unit sales, January brought a steep downturn.  
Turkish enterprises’ overseas affiliates post $89.8 billion turnover in 2024 ECONOMY

Turkish enterprises’ overseas affiliates post $89.8 billion turnover in 2024

Enterprises based in Türkiye controlled 2,567 affiliates abroad in 2023 and 2,706 in 2024, according to data from the statistics authority on Feb. 19.  
111,480 homes changed hands in Türkiye in January ECONOMY

111,480 homes changed hands in Türkiye in January

Türkiye's nationwide residential property sales declined by 4.7 percent year-on-year in January, totaling 111,480 units, according to data released by the Turkish Statistical Institute (TÜİK).  
Türkiye’s short-term external debt falls to $165.7 billion ECONOMY

Türkiye’s short-term external debt falls to $165.7 billion

Türkiye’s short-term external debt stock fell to $165.7 billion at the end of the fourth quarter of last year, the Central Bank said on Feb. 19.  
Consumer confidence continues to improve ECONOMY

Consumer confidence continues to improve

The Consumer Confidence Index, which stood at 83.7 in January, rose by 2.3 percent in February to reach 85.7, the Turkish Statistical Institute (TÜİK) announced on Feb. 19. The increase follows a modest 0.3 percent gain in January.  
Tech chiefs address India AI summit as Gates cancels ECONOMY

Tech chiefs address India AI summit as Gates cancels

Indian leader Narendra Modi and tech chiefs including OpenAI's Sam Altman will speak Thursday on artificial intelligence's opportunities and threats at a summit in New Delhi, but Microsoft founder Bill Gates cancelled just hours before his speech.
AI cannot be left to whims of a few billionaires: UN chief ECONOMY

AI cannot be left to 'whims of a few billionaires': UN chief

U.N. chief Antonio Guterres warned technology leaders Thursday of the risks of artificial intelligence, saying its future cannot be left to "the whims of a few billionaires."
OpenAI to build India data center infrastructure with TCS ECONOMY

OpenAI to build India data center infrastructure with TCS

U.S. ChatGPT maker OpenAI and Indian IT giant Tata Consultancy Services (TCS) announced Thursday a plan to build data center infrastructure in the South Asian country.
Milei faces another general strike, this time over labor reforms ECONOMY

Milei faces another general strike, this time over labor reforms

Argentina's Javier Milei faces the fourth general strike of his term Thursday, this time by workers protesting a labor reform bill pushed by the budget-slashing president and set to be debated in parliament.
Several US Fed officials signal possible interest rate hikes ECONOMY

'Several' US Fed officials signal possible interest rate hikes

Several U.S. Federal Reserve officials supported leaving the door open to interest rate hikes, citing concerns that inflation could remain stubbornly high, minutes of the central bank's most recent policy meeting showed.
Zuckerberg grilled over underage users at social media trial ECONOMY

Zuckerberg grilled over underage users at social media trial

CEO Mark Zuckerberg said Wednesday he regretted Meta's slow progress in identifying underage users on Instagram, as he faced stinging criticism at a landmark social media trial over accusations that his company deliberately hooked children.
Unemployment falls to 8.2 percent in fourth quarter ECONOMY

Unemployment falls to 8.2 percent in fourth quarter

Türkiye’s seasonally adjusted unemployment rate fell to 8.2 percent in the final quarter of 2025, official data showed on Feb. 18, marking a 0.2-point drop from the previous quarter.