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Business

Minister presents Turkey’s economic model as source of mystery $24.4 billion

The source for mystery capital flows into Turkey that have recently been brought to public attention by prominent international publications is the country’s economic...
Business

Turkey ends probe into mobility app Martı after company makes commitments

Turkey's competition board said on Tuesday it had terminated its investigation into mobility app Martı, launched over allegations that it abused its dominant market...
Business

Official data show Turkey’s unemployment rate dropping, opposition MP disputes figures

The unemployment rate in Turkey fell by 1.4 percentage points year on year to 10.1 percent in July and by 0.3 points in comparison...
Business

Turkey’s inflation hits new 24-year high at 80.2 percent

Turkey's annual inflation climbed to a fresh 24-year high of 80.21 percent in August, a bit below expectations according to official data, after the...
Business

Turks welcome autumn with 20 pct hike in utility prices amid economic crisis

Turks have started autumn with news of yet another increase in natural gas and electricity prices, fueled by a currency crisis amid the highest...
Business

Turkish factory activity contracts for sixth straight month in August: report

Activity in the Turkish manufacturing sector shrank for the sixth month running in August as demand contracted sharply, leading to a slowdown in output,...
Business

Turkey’s economy grew 7.6 percent in Q2 driven by domestic demand, exports

Turkey's economy grew 7.6 percent year-on-year in the second quarter as expected, extending a hot streak on strong domestic demand and exports, according to...
Business

Independent research group faces tax audit for failing to declare 33 cents

Turkey’s Finance Ministry has ordered a tax audit of an independent inflation research group whose findings anger the government for being much higher than...
Business

Turkish cryptocurrency boss arrested in Albania

The founder of cryptocurrency exchange Thodex, suspected of having fled Turkey with the assets of his clients, has been arrested in Albania, Agence France-Presse...
Business

Turkey’s trade deficit at all-time high over rising energy prices: report

Turkey's trade deficit reached a record high in July as a result of increased energy prices, Bloomberg reported. According to records dating back to 1984,...
Business

Turkey plays down US sanctions threat over Russia ties

Turkey's finance minister told businesses on Friday they should not be concerned by the threat of sanctions that Washington warns will follow if they...
Business

Turkey’s economy expanded 7.5 percent in Q2, seen slowing in H2: report

Turkey's economy expanded 7.5 percent annually in the second quarter of the year, a Reuters poll showed on Wednesday, while the full-year growth forecast...
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