ISTANBUL: Economic activity in the US is falling in more Fed districts during the latest reporting cycle, according to a Federal Reserve report released Wednesday.
“Economic activity grew slightly in three Districts, while the number of Districts tha…
ANKARA: While the eurozone economies are searching for their course in the shadow of wars and conflicts following the COVID-19 pandemic, the growth trend in Asian countries continues.
Among the G20 countries, Asian countries remained in first place, …
ISTANBUL: New research shows a nearly tenfold increase in losses to Bitcoin ATM scams since 2020, the US Federal Trade Commission (FTC) said Tuesday.
“Since 2020, the amount consumers reported losing has increased nearly tenfold to over $110 million …
ANKARA: The central banks of Trkiye and Saudi Arabia have signed a cooperation deal, according to a statement from the Turkish Central Bank on Wednesday.
The memorandum of understanding, inked on Tuesday, aims to lay the groundwork for continued coop…
ANKARA: Annual consumer inflation in the Organization for Economic Cooperation and Development (OECD) area slowed to 5.38% in July, marking its lowest level since October 2021, according to data released on Wednesday.
Headline inflation decreased fro…
ISTANBUL: Turkish prefabricated housing company Karmod on Wednesday said it started a steel construction housing project in Lisbon, Portugal, as part of its ongoing expansion across Europe.
The housing project, featuring Karmod’s steel construction h…
ISTANBUL: Major stock exchanges in the US opened Wednesday mixed after posting steep losses in the previous session.
The Dow Jones Industrial Average rose 126 points, or 0.31%, to 41,063 at 9.39 a.m. EDT (1339GMT).
The SandP 500, on the other hand, …
ANKARA: Trkiye’s benchmark stock index finished Wednesday at 9,984.93 points, a decrease of 0.37% from previous close.
After starting the day at 9,929.83 points, Borsa Istanbul’s BIST 100 index lost 36.87 points with a daily transaction volume of 74….
WASHINGTON: Turkish President Recep Tayyip Erdogan received British oil major Shell’s Chief Executive Officer Wael Sawan on Monday for talks.
The closed-door meeting at the presidential palace in the capital Ankara came after Turkish state energy com…
ANKARA: Trkiye’s annual consumer inflation rate eased to 51.97% in August, the lowest since July 2023, according to official data released on Tuesday.
Dropped for the third consecutive month from 61.78% in July, the headline inflation came in below m…
