Business

Four major Greek banks must find up to 14.4 billion euros ($15.8 billion) to survive potential economic shocks, the European Central Bank said on Oct. 31, releasing the results...

Prime Minister Ahmet Davutoğlu has instructed his party officials to draft an urgent action plan to keep the election promises he has made – particularly in regard to the...

Activity in China’s vast manufacturing sector shrank in October for the third straight month, officials said on Nov. 1, fuelling fears that growth in the world’s second largest economy...

After the Justice and Development Party (AKP) secured an unexpected victory in Turkey’s Nov. 1 snap election, receiving enough parliamentary seats to form a single-party government for four years,...

Turkey has spent over $8 billion for more than 2.1 million Syrian migrants in the last 4.5 years in line with its “Open Door Policy” with Syria. The country's...

The outcome of Turkey’s general election on Nov. 1, which saw the Justice and Development Party (AKP) regain its parliamentary majority, follows a period of heightened political uncertainty that...

Turkey’s foreign trade deficit declined by 46.6 percent to $3.7 billion in September compared to the same month of 2014 due to a dramatic decline in the country’s energy...

China on Nov. 2 raised the daily reference rate for its yuan currency by the largest margin in a decade, officials and reports said, just three months after a...

Turkey’s wheat production hit a record high of 23 million tons this year after a drought year. Despite a dramatic rise in output, the country has kept importing wheat...

Deputy PM Babacan also said Turkey would be 48% bigger in 2018 comparing to 2007's figures according to IMF's predictions while USA would grow by 23%, Japan by 9%...