Trkiye’s retail sales down 1.8% in April

ANKARA: Trkiye’s retail sales decreased for the second straight month in April, down 1.8% from the prior month, according to data released on Tuesday.

This followed March’s downwardly revised 0.2% month-on-month decline, the Turkish Statistical Insti…

Trkiye’s BIST 100 index closes Tuesday with gains

ANKARA: Trkiye’s benchmark stock index rose 0.53% to close Tuesday at 10,051.37 points, ending its five-session losing streak.

Borsa Istanbul’s BIST 100 gained 53.46 points from Monday’s close of 9,997.91 points.

The price of an ounce of gold was $2…

Bitcoin dives to $66,000 on Fed woes

ISTANBUL: Bitcoin saw its price Tuesday dive to $66,000 for the first time in three weeks as worries about the Federal Reserve’s monetary policy meeting mount.

The price of the world’s biggest cryptocurrency plummeted to as low as $66,051 at around 1…

Turkish finance minister receives World Bank chief

ANKARA: The Turkish treasury and finance minister received on Tuesday the head of the World Bank Group, with the two officials discussing Trkiye’s country partnership framework (CPF) covering the 2024-2028 fiscal years.

Mehmet Simsek and Ajay Banga d…

Pakistan sets target of 3.6% annual growth

KARACHI: Pakistan on Tuesday released its annual economic survey, aiming for a 3.6% growth rate in the coming fiscal year, up from the current 2.4%.

The Economic Survey of Pakistan, an annual report that charts the country’s economic progress for the…

Apple shares hit record-high after OpenAI partnership

ISTANBUL: Apple shares climbed to a record-high level on Tuesday, a day after the tech company announced Apple Intelligence generative models and unveiled a partnership with OpenAI.

The US-based global tech company’s stock price hit an all-time high …

Turkish airports host 82M passengers in January-May period

ISTANBUL: Turkish airports have hosted 82 million passengers in the first five months of this year, the country’s transport and infrastructure minister said on Tuesday.

The total number of passengers was up 12.7% compared to the same period last year…