Business

Türkiye’s $551 Billion 2027 Budget Focuses on Housing, Economic Growth

Türkiye has proposed a $550.8 billion budget for 2027, focusing on bolstering economic resilience through investments in housing, employment, and inflation reduction. The budget, equivalent to approximately 27.28 trillion...

IMF Raises 2026 Global Growth Forecast to 3.1%, Highlights AI and Debt Risks

The International Monetary Fund (IMF) has revised its global growth forecast for 2026, projecting a slight increase to...

ErdoÄŸan and Prabowo Focus on Boosting Trade and Defense Ties

In a recent phone conversation, Turkish President Recep Tayyip ErdoÄŸan and Indonesian President Prabowo Subianto explored avenues to...

ErdoÄŸan Asserts Türkiye’s Financial Stability Amid Investment Fund Investigation

Turkish President Recep Tayyip Erdoğan has reassured that Türkiye's capital markets remain resilient despite recent turmoil in the...

US, Denmark, Greenland Enhance Arctic Security with Technological Innovation Pact

The recently signed trilateral agreement between the United States, Denmark, and Greenland promises to reshape the strategic military...

Advanced Technology Fuels Türkiye’s New Oil Exploration in Western Black Sea

Türkiye is gearing up to initiate the drilling of an oil-focused well in the western Black Sea, as part of its ongoing initiative to...

AI Predicts Gold Prices Steady at $4,400 Ahead of Inflation Insights

Gold prices are hovering near $4,400 an ounce as market participants anticipate new U.S. inflation data that could impact the Federal Reserve's forthcoming interest...

Tech Stocks Surge Amid Softer Rate Hike Projections Drive Market Rally

Global equity markets experienced an upswing on Friday, influenced by diminishing expectations of an imminent interest rate hike by the US Federal Reserve. This...

Google’s Technological Edge Prevails in US Antitrust Legal Battle

A US judge has turned down the Department of Justice's request to force Google to divest its advertising exchange, AdX, allowing the tech giant...

Türkiye Finalizes Departure from Innovative FX-Protected Deposit Mechanism

Türkiye has successfully concluded its withdrawal from the foreign exchange-protected deposit scheme, known as KKM, as the volume of these accounts has officially reached...

Technological Advancements Boost Türkiye’s Central Bank Reserves by $40 Billion

Türkiye's central bank has witnessed a significant increase in its reserves, soaring by nearly $40 billion since late June. As of the week ending...