2+ hour, 28+ min ago  (325+ words) Oil prices stayed elevated Tuesday as the Iran conflict spread across the Gulf, disrupting shipments through the Strait of Hormuz, the narrow waterway that carries about one-fifth of the world's oil. After touching $82 per barrel in early trading Monday and…...

1+ day, 2+ hour ago  (253+ words) Gold climbed about 2% on Monday, reaching $5,393.34 at its intraday high after the United States and Israel launched major strikes on Iran this weekend and killed Supreme Leader Ali Khamenei. The move pushed bullion to its highest level in over four…...

2+ week, 1+ day ago  (185+ words) T'rkiye's central government posted a budget deficit of "214.5 billion ($4.9 billion) in January 2026, widening by 54.1% from a year earlier, the Treasury and Finance Ministry reported Monday. Total government spending reached "1.64 trillion in January, up 54.9% from "1.06 trillion a year earlier, while revenues…...

2+ week, 2+ day ago  (361+ words) T'rkiye's jewelry exports unexpectedly dipped 59% in January compared with the same period a year earlier to $476.82 million, largely driven by deteriorating global demand amid record-breaking prices and a widening domestic gold price gap stemming from an import quota. After increasing…...

2+ week, 5+ day ago  (419+ words) HSBC, one of the world's largest banking and financial services institutions, has maintained its constructive outlook on the Turkish economy in a new report, projecting that the country's disinflation process will be gradual, with single-digit inflation unlikely before 2028. The bank's…...

3+ week, 1+ hour ago  (299+ words) If you've ever wondered if anyone actually buys those colorful nazar boncugu (evil eye) beads or hand-woven carpets, the answer is a resounding "yes." To the tune of $2.28 billion, in fact. Tourists visiting T'rkiye spent $2.28 billion on souvenirs in 2025, the…...

3+ week, 1+ day ago  (266+ words) Accommodation revenue in T'rkiye's tourism sector reached about $7 billion in 2025, with spending on lodging totaling $6,983,832,000, according to official figures. Accommodation income, which was recorded at $3.3 billion in 2021, increased rapidly in the following years and exceeded $6 billion in 2023. Over the last…...

1+ mon, 5+ day ago  (334+ words) T'rkiye's stock exchange, Borsa Istanbul, continued its record-breaking rally on Wednesday as the benchmark BIST 100 index surged by over 2.2% to a new all-time high of 13,410.12, expanding its gains since the start of 2026 to 20%, the best performance since 2001. The index started…...

1+ mon, 1+ week ago  (372+ words) One of the most closely watched decisions in T'rkiye's financial markets was announced last week: the first interest-rate decision of the year. The Monetary Policy Committee (MPC) of the Central Bank of the Republic of T'rkiye (CBRT), which convened on…...

1+ mon, 1+ week ago  (454+ words) Safe-haven demand continued on Wednesday as spot gold prices climbed over 2% to $4,888.13 per ounce, setting another fresh record amid heightened tensions between the U.S. and the European Union over Greenland. After testing the all-time high, gold eased slightly to around $4,840 by…...