Economy

Economy Turkiye’s solar power generation hits record high in July

Turkiye’s solar power generation hits record high in July
Economy Türkiye’s consumer and business confidence rise in August

Türkiye’s consumer and business confidence rise in August
Japan inflation accelerates in July

Japan inflation accelerates in July

Inflation in Japan picked up last month as the Middle East war and a weak yen pushed up prices, official data showed on Aug. 21, reinforcing expectations for a tightening of monetary policy.
Quark.Models.Entities.Ancestor?.Title?.ToUpperInvariant() As Europes rivers recede, shippers scramble to limit damage

As Europe's rivers recede, shippers scramble to limit damage
ECONOMY Panama Canal to reduce shipping over El Nino-fueled drought

Panama Canal to reduce shipping over El Nino-fueled drought

The Panama Canal will cut the number of ships passing through it starting next month because of drought caused by the El Nino phenomenon, the operator of the strategic waterway linking the Atlantic and Pacific has said.
ECONOMY BBVA sees firm Turkish growth in second quarter

BBVA sees firm Turkish growth in second quarter

Türkiye’s economy likely posted firmer-than-expected growth in the second quarter of 2026 despite the conflict in the Middle East, according to a new report by BBVA Research, which said industrial activity supported growth while services remained flat and construction continued to weaken.
ECONOMY Hyundai Motor union stages full-day strike

Hyundai Motor union stages full-day strike

Hyundai Motor’s labor union launched a full-day strike on Aug. 21, halting production at the automaker’s major South Korean plants as negotiations over wages and working conditions remained deadlocked.
Türkiye’s first domestically produced electric locomotive secures EU certification ECONOMY

Türkiye’s first domestically produced electric locomotive secures EU certification
Cruise Passenger traffic tops 1 million, setting new record ECONOMY

Cruise Passenger traffic tops 1 million, setting new record
Trade minister points to progress in fight against inflation ECONOMY

Trade minister points to progress in fight against inflation
Nobel laureate Acemoğlu calls The Economist critique ‘hit piece’ ECONOMY

Nobel laureate Acemoğlu calls The Economist critique ‘hit piece’
Budget discipline intact, says Şimşek ECONOMY

Budget discipline intact, says Şimşek
Türkiye’s external assets at $404 billion: Central Bank data ECONOMY

Türkiye’s external assets at $404 billion: Central Bank data
North Sea drilling tests UK gov’t climate pledge ECONOMY

North Sea drilling tests UK gov’t climate pledge

British Prime Minister Andy Burnham must decide in the coming weeks whether to authorize two North Sea drilling projects, an issue which has divided his own Labour Party.
Gold prices emerge as new barrier to home purchases in Türkiye ECONOMY

Gold prices emerge as new barrier to home purchases in Türkiye

The number of homes sold across Türkiye in July fell 17 percent year-on-year to 123,603, according to official data.
Evergrande founder sentenced to life in prison ECONOMY

Evergrande founder sentenced to life in prison

The Shenzhen Intermediate People’s Court sentenced Hui Ka Yan, the founder of China’s Evergrande real estate group, to life in prison on Aug. 20 for large-scale fraud.
Officials working on Medium-Term Program ECONOMY

Officials working on Medium-Term Program

Turkish officials have intensified work on the country’s next Medium-Term Program (OVP) and budget planning as preparations accelerate ahead of the program’s expected release in the first week of September.
Japan reports record exports and imports for July ECONOMY

Japan reports record exports and imports for July

Japan’s imports and exports set records in July and soaring energy costs and a weak yen helped extend a trade deficit for a third month, government data showed.
CK Hutchison seeks over $1.5 billion from Panama over port ECONOMY

CK Hutchison seeks over $1.5 billion from Panama over port

Hong Kong conglomerate CK Hutchison said on Aug. 20 that it has filed international arbitration proceedings against Panama over its cancellation of a concession to operate two ports in the Panama Canal.
October decides February ECONOMY

October decides February

Türkiye’s national strategy against desertification runs to 128 pages.

Türkiye, Syria sign phosphate cooperation accord ECONOMY

Türkiye, Syria sign phosphate cooperation accord

Türkiye and Syria signed a memorandum of understanding on phosphate resources, setting out a framework for a possible joint project covering production, field development and transport infrastructure.
Europe’s ammunition drive hits cotton supply bottleneck ECONOMY

Europe’s ammunition drive hits cotton supply bottleneck

Türkiye’s cotton resources and expanding nitrocellulose capacity could help Europe reduce its reliance on China for a key ammunition
Türkiye’s near-term external debt eases in June ECONOMY

Türkiye’s near-term external debt eases in June

Türkiye’s external debt falling due within the next 12 months declined to $239.5 billion at the end of June from $242 billion in May, data from the Central Bank has shown.
Quarterly unemployment rate falls to 7.9 percent ECONOMY

Quarterly unemployment rate falls to 7.9 percent

Türkiye’s seasonally adjusted unemployment rate declined by 0.3 percentage points from the previous quarter to 7.9 percent in the April-June period, the Turkish Statistical Institute (TÜİK) said on Aug. 19.
Meta accused of designing apps to addict children ECONOMY

Meta accused of designing apps to addict children

Meta deliberately designed Instagram and Facebook to keep children hooked and concealed the risks from the public, lawyers representing 29 U.S. states told a federal jury as a trial against the technology company opened in California.