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Friday, April 3, 2020

Turkey’s manufacturing capacity use stands at 75.5%

ANKARA Turkish manufacturing industry used 75.5% of its capacity in January, the country's Central Bank revealed Monday. The capacity utilization rate (CUR) of the sector fell 1.5 percentage points from last...

Sectoral confidence starts year on high note

ANKARA  Confidence in Turkey's key sectors of services, construction, retail trade advanced on a monthly basis in January, the country's statistical authority announced Monday. The construction sector confidence index posted the...

Turkish stocks start week looking down

ANKARA  Turkey's benchmark stock index fell 1.17%, or 1,430.05 points, to start the week at 120,711.70 points on Monday. On Friday's close, Borsa Istanbul's BIST 100 index went up 0.33% to...

Industrial flour products can generate $1B for Turkey

ISTANBUL Turkey's main flour exports reached its limits in 2019 and income from exports in this sector can be doubled by selling industrial flour products, such as biscuits and frozen...

Borsa Istanbul down at weekly close

ISTANBUL  Turkey's benchmark stock index closed Friday at 122,141.75 points, down 0.33% from the previous close. Starting the day at 123,963.69 points, Borsa Istanbul's BIST 100 index slipped 398.47 points from...

Those who trust Turkish Lira assets won: Minister

ANKARA Those who trust Turkish Lira assets and invest in them since August 2018 have won, Turkey's treasury and finance minister said Friday. "Long-term government debt securities investor received the highest...

Oil recovers after WHO calms Chinese epidemic concerns

ANKARA Crude oil prices saw some gains at trading start on Friday having recovered from losses made during the previous session after the World Trade Organization (WHO) appeased concerns over...

40th year of Turkey's transition to liberal economy

ANKARA Turkey marks 40th year of one of the most radical moves in its history, which aimed to liberalize the economy through structural reforms. Decisions announced on Jan. 24, 1980 changed...

Global retail trade sector to reach $30T in 3 years

ISTANBUL The global retail trade sector's size, which reached $25 trillion in 2019, is expected to reach $30 trillion in three years, according to audit and consultancy firm KPMG Turkey's...

Turkey's Borsa Istanbul down 2% at close

ISTANBUL Turkey's benchmark stock index closed the day at 111,412.70 points on Monday, down 2% from the previous close. Borsa Istanbul's BIST 100 index started the day at 112,532.38 points. As...

Latest article

Italy, Spain thank Turkey for medical aid

ROME Italy and Spain’s foreign ministers thanked Turkey on Wednesday for helping their countries combat the novel coronavirus. “Today's help is very important to us. We...

COVID-19: Spain’s daily death toll climbs to nearly 400

OVIEDO, Spain Coronavirus continues to devastate Spain, with the official death toll surging by nearly 400 on Sunday, according to new figures. In total, 1,720 people...

Bangladesh: Road crash claims 15 lives

DHAKA, Bangladesh The death toll from a head-on collision late Saturday between a truck and van in southeastern Bangladesh rose to 15 when three more...

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