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Monday, January 27, 2020

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...

Turkey's Borsa Istanbul down 1% on Monday opening

ANKARA Turkey's benchmark stock index was down 1.01%, or 1,151.64 points at 112,532.38 points on Monday. On Friday's close, Borsa Istanbul's BIST 100 index went down 1.94% to close at 113,684.01...

Total inflow to Turkish gas system down 6.33% in 2019

ANKARA Natural gas inflow to Turkey's gas network saw a year-on-year decrease of around 6.33% to 46.83 billion cubic meters (bcm) in 2019, according to data from the Turkish Petroleum...

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BELGRADE, Serbia A military helicopter crashed into the Adriatic Sea in Croatia, according to the police. The Ministry of Defense said the casualties are still unknown. "The...

Somali woman promotes peace through art

MOGADISHU, Somalia  A famous young female Somali painter is speaking through her paintings across Somalia, and people are noticing. Nujuum Hashi Ahmed’s paintings are about the...

Turkey to build shelter areas in quake-hit Elazig

ANKARA Turkey is set to build temporary shelters to host 1,000 families affected by a deadly earthquake in eastern Turkey, the country's interior minister said...

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