ISTANBUL: Trkiye’s external assets rose to $341.7 billion at the end of June, up 2.7% from the end of 2023, the country’s Central Bank said Tuesday.
Trkiye’s liabilities against non-residents climbed 10.1% to $670.2 billion in the same period.
The n…
ANKARA: Oil prices fell on Tuesday amid renewed hopes for a cease-fire between Israel and Hamas following US Secretary of State Antony Blinken’s announcement that Israeli Prime Minister Benjamin Netanyahu had accepted a new cease-fire proposal.
Brent…
ANKARA: Trkiye’s Central Bank on Tuesday kept the benchmark one-week repo rate constant at 50% for the fifth straight meeting, as widely expected.
Pointing to a slight hike in July inflation, the bank said indicators for the third quarter suggest tha…
ISTANBUL: The annual inflation rate rose in both the EU and eurozone in July, to 2.8% and 2.6%, respectively, official figures from Eurostat showed on Tuesday.
The rate was at 2.6% in the EU in June and 2.5% in the euro area, said Eurostat.
The lowe…
ISTANBUL: Construction production in the European Union fell 0.1% year-on-year in June, while it was up 1% in the euro area, according to data Eurostat released on Tuesday.
Meanwhile, production in construction within the euro area rose 1.7% and 1.4%…
ISTANBUL: The La Nina weather phase has fueled concerns in commodity markets since it is estimated to create disruption and volatility.
La Nina is expected to begin at the end of summer, following the El Nino phase, according to estimates by the US N…
