Top officials from the economic management have committed to ensuring stability and taking further action as necessary in response to the recent volatility in the Turkish financial market, with investors keeping an eye on the Central Bank ahead of its scheduled rate decision on April 17.
Social network TikTok is taking e-commerce by storm and will launch a new feature, dubbed TikTok Shop, on March in France, Germany and Italy, allowing direct purchases in the app.
Argentina has sought a $20 billion loan from the International Monetary Fund, the country's Economy Minister has said, as the government struggles to hold on to foreign reserves while propping up an ailing currency.
Chinese leader Xi Jinping has vowed that the country's door would "open wider and wider" as he met with foreign executives in Beijing.
Turkish defense firm Havelsan and Egypt's Kader Factory have signed an agreement to start joint production of defense industry equipment in the Egyptian capital Cairo.
From a gated community for her Zoroastrian faith in Pakistan's megacity Karachi, 22-year-old Elisha Amra has waved goodbye to many friends migrating abroad as the ancient Parsi community dwindles.
German carmaker giant BMW and Chinese tech firm Alibaba announced a strategic partnership in China to bring large-language-model (LLM) AI models to BMW's next-generation vehicles, according to Chinese state-run Xinhua News.
The U.K. government on March 26 halved its 2025 growth forecast as it made billions of pounds of spendings cuts to shore up the public purse in the face of economic headwinds.
U.S. President Donald Trump has announced steep tariffs on auto imports and parts, provoking threats of retaliation from trading partners ahead of further promised trade levies next week.
Fatih Karahan, governor of the Central Bank of the Republic of Türkiye (CBRT), said Wednesday that they will maintain a tight monetary policy stance until a permanent fall in inflation and price stability is achieved.
Aksa Enerji has announced that its Mersin Wind Power Plant is the first renewable energy facility with storage in Türkiye to obtain approval for a generation license.
Türkiye is seen as a “priority," long-term market by international and U.K.-based investors as the Turkish economy continues its resilient course, the chairman of the British Chambers of Commerce in Türkiye told state-run Anadolu Agency.
The 12-month-ahead annual inflation expectations decreased by 0.8 points to 41.1 percent for real sector and fell by 0.7 points to 24.6 percent for market participants in March compared to the previous month, a survey by the Central Bank showed on March 26.
Türkiye’s crude steel output declined by 5.9 percent in January from a year ago to 2.9 million tons, according to data from the World Steel Association.
Finance Minister Mehmet Şimşek has signaled stability in Türkiye's economy, saying that volatility in markets has significantly decreased and that he expects the effects of recent developments on the economy to be temporary and limited, according to a press release by his ministry.
The IMF and Argentina are in advanced talks on a new loan agreement, a Fund official said, as President Javier Milei continues his shock therapy approach to economic reforms.
