News
Central Bank expected to maintain cautious stance in short term - Latest News
6+ hour, 3+ min ago (355+ words) Foreign banks have updated their expectations after the Central Bank of the Republic of T'rkiye (TCMB) last week decided to keep its policy rate unchanged at 37 percent. Analysts noted that while the decision aligned with market forecasts, the tone of…...
Turkish e‑commerce industry sees strong sales in March - Latest News
1+ day, 8+ hour ago (255+ words) E'commerce activity in T'rkiye accelerated in March as the holy month of Ramadan and the upcoming Eid al-Fitr holiday fueled consumer demand. The surge coincided with ongoing promotional campaigns, pushing expectations for online transaction volumes above 400 billion Turkish Liras, according…...
Central Bank Survey shows rising inflation expectations - Latest News
2+ day, 7+ hour ago (257+ words) Inflation expectations edged higher in March, according to the Turkish Central Bank's Survey of Market Participants. Consumer inflation (CPI) is now projected at 25.38 percent at the end of 2026, up from 24.11 percent in the previous survey. Expectations for the 12-month ahead…...
UK economy shows zero growth in January: official - Latest News
2+ day, 7+ hour ago (350+ words) Gross domestic product showed zero growth at the start of the year after GDP expansion of 0.1 percent in December, the Office for National Statistics said in a statement. The U.K., which has struggled to grow economic output since Prime Minister Keir…...
Türkiye runs current account deficit of $6.8 billion in January - Latest News
3+ day, 5+ hour ago (378+ words) In January, T'rkiye's current account balance recorded a net deficit of $6.8 billion, the country's Central Bank said on March 12. The current account balance, excluding gold and energy, indicated a net deficit of $1.23 billion, the bank added. Due to rising energy…...
European bank chief vows to control inflation during Mideast war - Latest News
4+ day, 10+ hour ago (317+ words) European Central Bank chief Christine Lagarde said Tuesday that "everything necessary" will be done to keep inflation in check during the Middle East war, which has already pushed up oil prices. "We will do everything necessary to keep inflation under…...
China consumer prices see quickest pace in 3 years - Latest News
6+ day, 9+ hour ago (289+ words) The consumer price index, a key measure of inflation, rose 1.3 percent year-on-year in February, according to the National Bureau of Statistics. It was the biggest year-on-year jump since January 2023 when consumer prices rose 2.1 percent compared to the same period a…...
Central Bank set to decide about interest rates this week - Latest News
1+ week, 7+ hour ago (272+ words) Rising energy costs triggered by the war are reshaping monetary policy outlooks worldwide, delaying anticipated rate cuts. Prospects for near-term easing in T'rkiye have likewise diminished, with most analysts now expecting the bank to hold rates steady at the upcoming…...
Turkcell posts double-digit revenue growth in 2025 - Latest News
1+ week, 7+ hour ago (295+ words) Turkcell reported that its consolidated revenues climbed 10.7 percent year-on-year to 241 billion Turkish Liras. The company's EBITDA margin expanded by 1.2 percentage points to reach 43.1 percent, while profit from continuing operations rose 22.6 percent to 17.8 billion liras. Net income, however, fell to 17.6 billion…...
Equities mostly drop as Mideast crisis rages, though oil dips - Latest News
1+ week, 2+ day ago (749+ words) Digital screens display trading numbers at the New York Stock Exchange (NYSE) during morning trading on March 5, 2026 in New York City. Wall Street stocks retreated early Thursday as oil market volatility triggered by the Middle East war kept investors on…...