Economy

Economy Tight monetary policy stance will strengthen disinflation, says Karahan

Tight monetary policy stance will strengthen disinflation, says Karahan
Economy Exports climb 2.2 percent to $22.7 billion in November

Exports climb 2.2 percent to $22.7 billion in November
Number of Green Organized Industrial Zones rises to 27

Number of Green Organized Industrial Zones rises to 27

Türkiye’s green industrial transformation is gaining momentum, with the number of Organized Industrial Zones (OSBs) receiving the Green OSB Certificate from the Turkish Standards Institution (TSE) now reaching 27.

Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant() Fitch upgrades Türkiye’s economic growth outlook

Fitch upgrades Türkiye’s economic growth outlook
ECONOMY Ankara renews Russia gas contracts for one year, minister says

Ankara renews Russia gas contracts for one year, minister says

Türkiye has extended two expiring natural gas import deals with Russia for another year, covering a combined 22 billion cubic meters, as it steps up efforts to diversify supplies and considers entering U.S. gas production, Turkish Energy and Natural Resources Minister Alparslan Bayraktar said.

ECONOMY EU reaches accord on new generation of GM crops

EU reaches accord on new generation of GM crops

European lawmakers and EU member states have announced they had reached an agreement on developing plants obtained by so-called new genomic techniques (NGT).

ECONOMY Weak EV sales in Germany put carmakers under pressure

Weak EV sales in Germany put carmakers under pressure

Electric car sales in Germany remained weak in November, official data showed, putting the embattled country's auto industry under further pressure.

Trump rolls back Bidens fuel rules, sparking climate outcry ECONOMY

Trump rolls back Biden's fuel rules, sparking climate outcry
Argentina negotiates up to $7 billion loan with banks ECONOMY

Argentina negotiates up to $7 billion loan with banks
Romania deal marks Türkiye’s 1st warship sale to EU, NATO country ECONOMY

Romania deal marks Türkiye’s 1st warship sale to EU, NATO country
Annual inflation slows to 31.1 percent in November, hitting 4-year low ECONOMY

Annual inflation slows to 31.1 percent in November, hitting 4-year low
EU agrees deal to ban Russian gas by autumn 2027 ECONOMY

EU agrees deal to ban Russian gas by autumn 2027
Tech boss Dell gives $6.25 bln to Trump accounts for kids ECONOMY

Tech boss Dell gives $6.25 bln to 'Trump accounts' for kids
Chinese smart glasses firms eye overseas conquest ECONOMY

Chinese smart glasses firms eye overseas conquest

In China, AI glasses let the wearer pay in shops with just a glance at a QR code and a voice command, as a growing number of companies look to conquer both growing domestic and overseas markets.
Airbus says up to 628 A320 planes need inspection ECONOMY

Airbus says up to 628 A320 planes need inspection

Airbus has said that up to 628 of its popular A320 planes worldwide may need to be inspected for a metal plate "quality issue" that has come to light.
Trump hints economic adviser Hassett may be Fed chair pick ECONOMY

Trump hints economic adviser Hassett may be Fed chair pick

U.S. President Donald Trump has hinted that he wants to nominate his chief economic adviser Kevin Hassett to replace outgoing Federal Reserve Chairman Jerome Powell next year.
Construction sector drives Türkiye’s third-quarter growth ECONOMY

Construction sector drives Türkiye’s third-quarter growth

The construction sector emerged as the main driver of Türkiye’s economic growth in the third quarter, according to industry representatives, who pointed to momentum in housing production, urban transformation and infrastructure investments.  
Teknopark Istanbul targets $1 billion in exports by 2026 ECONOMY

Teknopark Istanbul targets $1 billion in exports by 2026

Teknopark Istanbul is aiming to reach nearly $1 billion in exports next year, according to General Manager Abdurrahman Akyol.  
OECD upgrades Türkiye’s 2025 and 2026 growth outlook ECONOMY

OECD upgrades Türkiye’s 2025 and 2026 growth outlook

The Organization for Economic Cooperation and Development (OECD has raised its growth forecasts for the Turkish economy for this year and 2026.  
Consumers cash out gold, cryptocurrencies to buy cars ECONOMY

Consumers cash out gold, cryptocurrencies to buy cars

Türkiye’s automotive market broke another record in November, with sales surging as consumers shifted away from gold and cryptocurrencies and took advantage of easing credit conditions.
EU pushes to end its dependence on China for rare earths ECONOMY

EU pushes to end its dependence on China for rare earths

The EU on Wednesday releases its plan to try to end the 27-nation bloc's dependence on China for rare earths, as Beijing's stranglehold threatens key industries.
Türkiye, Pakistan ink deals for oil, gas exploration ECONOMY

Türkiye, Pakistan ink deals for oil, gas exploration

Ankara and Islamabad on Dec. 2 signed a series of agreements paving the way for Türkiye to launch oil and natural gas exploration in three offshore and two onshore fields in Pakistan starting in 2026.
Eurozone inflation inches up to 2.2 pct in November ECONOMY

Eurozone inflation inches up to 2.2 pct in November

Eurozone inflation inched up in November, official data showed Tuesday, moving slightly over the European Central Bank's two-percent target.
OECD raises US, eurozone growth targets as world economy resilient ECONOMY

OECD raises US, eurozone growth targets as world economy 'resilient'

The world economy has been "surprisingly resilient" in the face of adversity this year, the OECD said Tuesday, raising its growth estimates for key economies, notably the U.S. and the eurozone.
Turkish banking sector sees $17.9 billion net profits in January-October ECONOMY

Turkish banking sector sees $17.9 billion net profits in January-October

Net profits of Türkiye's banking sector in January-October totaled 751.6 billion Turkish Liras ($17.95 billion), the banking authority has said.