Economy
The recent visit of Recep Tayyip Erdoğan and Queen Mathilde marked a significant step forward in economic and diplomatic relations between Türkiye and Belgium. The five-day Belgian Economic Mission brought together government officials, business leaders and industry......
African policymakers, researchers and mining experts are intensifying calls for local transformation of critical raw materials as global competition for strategic minerals accelerates. During a conference held in Rabat by the Policy Center for the New South and the Geology and Sustainable Mining Institute,......
Turkey is preparing to receive its first ever emergency crude shipment from the United States Strategic Petroleum Reserve as Washington expands energy exports to allies facing supply disruptions linked to the effective closure of the Strait of Hormuz. Tanker tracking data showed that American reserve......
Türkiye has emphasized the importance of strengthening transport connectivity and expanding investment cooperation with Belgium amid growing geopolitical and global supply chain challenges. During a high-level economic meeting held in Istanbul and attended by Queen Mathilde along with a Belgian......
Foreign Economic Relations Board (DEIK) has launched a new public diplomacy campaign urging European leaders to revive Türkiye’s long-stalled bid to join the European Union, describing the move as strategically important for Europe’s future. As part of the initiative, the organization......
Türkiye is seeking to strengthen its position in the global participation finance industry, with ambitions to rank among the world’s top five markets in the sector. The announcement was made by Mehmet Şimşek during the Participation Finance Summit held at the Istanbul......
Türkiye has officially published in its national gazette a renewed memorandum of understanding with the Organisation for Economic Co-operation and Development (OECD), confirming continued cooperation on the establishment of an OECD center in Istanbul. The approval follows a decision by President......
Türkiye’s main stock index posted a strong recovery at midweek, reflecting renewed investor confidence after a previous session marked by losses. On Wednesday morning, the benchmark BIST 100 index opened at 13,353.43 points, recording a notable increase of 3.34%, equivalent to a gain of 431.87......
Six weeks into the war between the United States, Israel, and Iran with no ceasefire in sight, Asia, the destination for roughly 90 percent of the oil and 83 percent of the liquefied natural gas that normally transits the Strait of Hormuz, is bearing the heaviest economic toll of a conflict it did not......
Bitcoin climbed approximately 3 percent to trade near $69,200 on Monday, lifted by reports of a last-minute diplomatic initiative between the United States and Iran and a wave of forced liquidations that punished bearish traders across crypto markets. The rally, which pushed the leading cryptocurrency......
The Central Bank of the Republic of Turkey has firmly denied allegations that confidential information was shared with investors during recent briefings held in London. In an official statement, the bank described the claims as “completely unfounded,” emphasizing that all discussions were......
UBS is telling investors that gold's sharp retreat from its record high represents a buying opportunity rather than a trend reversal, maintaining a year-end price target of $5,600 per ounce even as the metal trades near the bank's own bear-case scenario. Gold has fallen more than 17% from its......
BYD, the world’s largest electric‑vehicle maker, reported a sharper‑than‑expected decline in net profit in the fourth quarter of 2025, as intense price competition and tighter regulations in China have trimmed margins for a third consecutive quarter. The company disclosed the figures on Friday......
