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OECD raises global GDP forecast slightly for 2024

ISTANBUL: The Organization for Economic Co-Operation and Development (OECD) has increased its expectation for the global economic growth from 3.1% to 3.2% on Wednesday.

Releasing its Economic Outlook’s Interim Report, the OECD said global output grow…

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US housing prices up 4.5% year-on-year in July

ISTANBUL : Housing prices in the world’s largest economy, the US, rose 4.5% in July on a yearly basis, the Federal Housing Finance Agency (FHFA) announced on Tuesday.

On a monthly basis, housing prices also saw a slight increase of 0.1% in July, the …

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Germany’s business climate continues to deteriorate

ISTANBUL : Germany’s business climate index declined in September, showing ongoing deterioration in the business sentiment, the Berlin-based ifo Institute revealed on Tuesday.

“The ifo Business Climate Index fell in September to 85.4 points, from 86….

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Trkiye eyes $60B in bilateral trade with Germany

ANKARA : Trkiye aims to boost cooperation with Germany in various new fields, ranging from green transformation to supply chains, targeting $60 billion in bilateral trade volume.

Germany is one of the largest Turkish export recipients worldwide, as G…

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Turkish stock exchange again climbs above 10,000 points

ISTANBUL : The Turkish benchmark stock index closed Tuesday at 10,029.73 points, up 1.44% from the previous close.?

The BIST 100 index started the day at 9,911.41 points, adding 141.98 points from Monday’s close.?

The lowest value of the index for t…

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