Economy

Economy Türkiye can move up global value chain, says Şimşek

Türkiye can move up global value chain, says Şimşek
Economy Banking sector profit rises 43 percent in January-February

Banking sector profit rises 43 percent in January-February
PMI retreats from 22-month high to 47.9 in March: Survey

PMI retreats from 22-month high to 47.9 in March: Survey

After hitting a 22-month high of 49.3 in February, the headline Istanbul Chamber of Industry Türkiye manufacturing PMI dropped to 47.9 in March, its lowest in five months, S&P Global said on April 1.
Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant() Made with Sweden in Türkiye

Made with Sweden in Türkiye
ECONOMY OpenAI raises $122 billion in boosted funding round

OpenAI raises $122 billion in boosted funding round

OpenAI said that the startup was valued at $852 billion in a freshly closed funding round that raised $122 billion.
ECONOMY At gas stations, Americans say theyre paying the price of war

At gas stations, Americans say they're 'paying the price' of war

At a gas station in the Washington suburbs, drivers confronted the harsh domestic repercussions of the war on Iran, as spiking fuel prices hit household budgets hard.
ECONOMY Spain expects Mideast conflict to contribute to tourism boom

Spain expects Mideast conflict to contribute to tourism boom

Spain's government said it expected the Middle East war to contribute to a bumper tourist season, but warned that the crisis could also drag down a key driver for the Spanish economy.
Business sentiment among Japanese manufacturers rise ECONOMY

Business sentiment among Japanese manufacturers rise
March monthly inflation seen at 2.4 percent ECONOMY

March monthly inflation seen at 2.4 percent
Turkish exporters feeling the pinch from Middle East tensions ECONOMY

Turkish exporters feeling the pinch from Middle East tensions
Foreign trade gap widens 16 percent to $9 billion in February ECONOMY

Foreign trade gap widens 16 percent to $9 billion in February
Iran war exerts cost-push pressure on inflation, says Turkish Central Bank governor ECONOMY

Iran war exerts cost-push pressure on inflation, says Turkish Central Bank governor
Eurozone inflation jumps to 2.5 pct in March as energy prices surge ECONOMY

Eurozone inflation jumps to 2.5 pct in March as energy prices surge
Türk Telekom showcases 5G strength at event in Istanbul ECONOMY

Türk Telekom showcases 5G strength at event in Istanbul

 Türk Telekom has shared its vision for 5G, set to be launched on April 1, at a 5G gala held at the Atatürk Cultural Center (AKM) in Istanbul.
Unemployment rate rises to 8.5 percent in February ECONOMY

Unemployment rate rises to 8.5 percent in February

The unemployment rate in Türkiye stood at 8.5 percent in February, up from 8.2 percent in January, official figures showed on March 31.
Panama Canal sees traffic boost over Iran war ECONOMY

Panama Canal sees traffic boost over Iran war

The war in the Middle East has prompted a surge in ships utilizing the Panama Canal, an executive for the interoceanic waterway said.
Australia investigates tech giants over social media ban breaches ECONOMY

Australia investigates tech giants over social media ban breaches

Australia is investigating Facebook, TikTok and YouTube for possible breaches of the country's under-16 social media ban, accusing the big tech companies on yesterday of "failing to obey" the world-leading laws.
Oil-thirsty Asian nations seek Russian crude as war strains supplies ECONOMY

Oil-thirsty Asian nations seek Russian crude as war strains supplies

Asian nations are increasingly competing for Russian crude oil as an energy crisis mounts amid the month-old war by the U.S. and Israel against Iran, which has choked off roughly a fifth of the world’s oil supply.
Chinas factory activity expands fastest in a year ECONOMY

China's factory activity expands fastest in a year

China's factory activity expanded in March at its quickest pace in a year, official data showed Tuesday, ending a two-month slump as production picked up after the annual Spring Festival holiday.
Türkiye well-positioned to strengthen role in global value chains: WEF ECONOMY

Türkiye well-positioned to strengthen role in global value chains: WEF

Türkiye is well-positioned to strengthen its role in global value chains, attract investment and enhance its economic resilience, the World Economic Forum (WEF) said in a statement on Monday.
Bayraktar discusses nuclear energy cooperation with AtkinsRealis ECONOMY

Bayraktar discusses nuclear energy cooperation with AtkinsRealis

Minister of Energy and Natural Resources Alparslan Bayraktar met with senior executives of Canada-based nuclear energy company AtkinsRealis to discuss cooperation on projects planned to be implemented within the scope of Türkiye’s nuclear energy program.
Aselsan launches 2nd LUNA satellite for space-based IoT services ECONOMY

Aselsan launches 2nd LUNA satellite for space-based IoT services

Turkish defense giant Aselsan said it has successfully launched its second satellite, LUNA-2, from California aboard a SpaceX rocket as part of its space-based Internet of Things (IoT) solutions program.
Şimşek, central bank chief to meet investors in London: Report ECONOMY

Şimşek, central bank chief to meet investors in London: Report

Treasury and Finance Minister Mehmet Şimşek and Central Bank Governor Fatih Karahan will meet investors in London this week, the Treasury officials and bankers told Reuters on March 30.
Türkiye to accelerate hydrocarbon exploration and drilling in April ECONOMY

Türkiye to accelerate hydrocarbon exploration and drilling in April

Türkiye is set to accelerate hydrocarbon exploration and drilling activities in April, deploying its growing energy fleet to both the Black Sea and Somalia.  
Türkiye’s economic confidence index falls in March ECONOMY

Türkiye’s economic confidence index falls in March

The economic confidence index fell in March, dropping from 100.7 in February to 97.9, a decline of 2.8 percent, the Turkish Statistical Institute (TÜİK) said on March 30.