Türkiye aims to cover a quarter of its energy demand through domestic production by 2028, according to Energy Minister Alparslan Bayraktar.
China's sprawling high-speed rail network passed 50,000 kilometers (31,000 miles) in total operating distance with the opening of a new line on Dec. 26, state media reported.
The Japanese government on Dec. 26 approved a record budget for the upcoming fiscal year, to pay for everything from bigger defense spending to ballooning social security costs as inflation persists.
Syria's central bank chief has said that the country's currency would start to be replaced with a revamped version from Jan. 1, as Damascus tries to relaunch its economy after emerging from the rule of ousted leader Bashar al-Assad last year.
Türkiye’s exports to Syria rose 54.1 percent year-on-year to more than $3 billion in 2025, driven by improving bilateral ties and political developments in Syria following the overthrow of the Assad regime, Türkiye’s deputy trade minister said.
Precious and industrial metals are surging to record highs as the year ends, driven by economic and geopolitical uncertainty, robust industrial demand and, in some cases, tight supply.
Leading Turkish defense firm Aselsan is set to close 2025 with record-breaking export achievements worth over $2 billion.
Türkiye's e-commerce sector has captured strong growth momentum in recent years, securing a strategic position in the country's digital economy, according to Electronic Commerce Operators Association (ETİD) President Hakan Çevikoğlu.
International Energy Agency (IEA) head Fatih Birol has stated that dominance by a single country in critical minerals poses a risk to energy security, predicting "serious tensions" among nations in 2026.
Turkish discount retailer BİM has applied to the Banking Regulation and Supervision Agency (BDDK) on Dec. 24 to establish a participation bank, the company has announced.
Sales of cars made by Tesla, the company run by Elon Musk, have slumped nearly 40 percent in the European Union this year, data from the European Automobile Manufacturers' Association showed.
French President Emmanuel Macron on Dec. 23 met with farmers' unions to discuss a controversial free trade deal and the government's handling of a cow disease that has led to protests and roadblocks.
Workers have started laying tracks in the desert east of Cairo for Egypt's first high-speed train, which will link the Red Sea and the Mediterranean.
U.S. President Donald Trump said that he would only consider Federal Reserve chairman candidates who share his views on interest rates, insisting on appointees who prioritize lowering rates during strong market performance.
Türkiye’s Labour and Social Security Minister Vedat Işıkhan announced on Dec. 23 that the country's minimum wage will increase to 28,075 Turkish Liras ($655) net per month starting Jan. 1, 2026.
Türkiye aims to establish a free trade agreement with Azerbaijan, Turkish Trade Minister Ömer Bolat said on Dec. 23, as the two countries held a comprehensive investment forum in Baku.
ECONOMY
