Türkiye could soon announce a new oil discovery at the Gabar field as countrywide exploration continues, according to Energy Minister Alparslan Bayraktar.
With a sports car that somersaults through the air, Elon Musk is back in the headlines for technological daring — but his plunge into politics and his return to U.S. President Donald Trump's side mean the world's richest man no longer enjoys the unqualified praise of years past.
Vietnam and four European nations outside the EU signed a free trade agreement in Hanoi yesterday, seeking to diversify their markets as US tariffs disrupt global commerce.
International Monetary Fund chief Kristalina Georgieva said on Oct. 17 this year's Annual Meetings with global policymakers were marked by "optimism and worry" as the event winds down in Bangkok.
Türkiye’s exports to the 10 member states of the BRICS grouping totaled $18.2 billion in the first nine months of the year, according to the Turkish Exporters’ Assembly (TİM).
Türkiye plans to complete legal changes to strengthen its fight against capital market crimes by the beginning of 2027, Treasury and Finance Minister Mehmet Şimşek said on Oct. 16.
New house sales in Türkiye rose 3.9 percent year-on-year to 51,519 in September, according to official data released on Oct. 16.
Market participants’ expectations for inflation at the end of 2026 remained broadly unchanged in October, while forecasts for inflation over the next 12 months edged higher, according to the Central Bank’s latest Survey of Market Participants.
Türkiye’s textile sector exported goods worth $7.16 billion in the January-September period of 2026, according to data from the Southeastern Anatolia Exporters’ Associations.
MSCI announced that it will apply a freeze on certain index related changes for Turkish equity securities resulting from Index Reviews or corporate events, effective immediately and until further notice.
India's Reliance Industries rejected on Oct. 16 suggestions it was blocking Elon Musk's Starlink satellite internet service in the country, saying it welcomed competition and had "never feared" rivals.
U.S. Federal Reserve boss Kevin Warsh said on Oct. 16 the global economy had shown unexpected resilience against strong economic shocks, as central banks battle surging inflation, while rich countries tackle spiking bond yields.
World Bank President Ajay Banga laid out a vision on Friday for how his multilateral development giant should operate, focusing primarily on creating jobs, expanding economic opportunity and connecting private capital to developing nations that need investment.
Istanbul Airport ranked as Europe’s busiest airport during the week of Oct. 5-11, averaging 1,530 arriving and departing flights a day, according to EUROCONTROL.
Small investors would receive priority in interim payments of up to 1 million Turkish Liras per investor under a fund liquidation bill, one of its sponsors has said.
U.S. wholesale inflation surged past analysts' expectations in September, marking its biggest year-on-year jump since 2022 as gasoline prices rocketed due to the war with Iran, government data showed on Oct. 15.
ECONOMY
