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October 14, 202617°
BIST10012,118
-1.08%
USD49.37
+0.07%
EUR55.21
+0.01%
GOLD4,113.50
-1.53%
INTEREST37.00%
-1.00
BITCOIN81,547
-1.86%
October 14, 202617°

Markets & Finance

195 articles

Economy

Multilateral development banks provide record $163 billion in climate finance in 2025
Climate finance to low- and middle-income countries rose 21 percent to $103 billion, while total finance hit a record $163 billion.
President Erdoğan announces a 1 trillion lira credit package for manufacturing industry
President Erdoğan announced after the Cabinet Meeting that a total of 1 trillion lira in favorable-term loans will be provided for the manufacturing industry under two separate programs.
JPMorgan revises its 2026 Turkey inflation, current account deficit and growth forecasts
Global investment bank JPMorgan has published its 2026 Turkey Macro Outlook report. The report states that while the worst-case scenario has passed with the easing of Middle East risks, inflation and current account deficit forecasts have been raised.
OPEC's daily crude oil production increased by 3 million barrels in June
OPEC's daily crude oil production in June increased by 3 million 51 thousand barrels from the previous month, reaching 22 million 2 thousand barrels. Global oil demand is expected to rise by 780 thousand barrels per day this year.
Iraqi Prime Minister Ali al-Zaydi in Washington for energy fund and investment deals
Iraqi Prime Minister Ali al-Zaydi is making his first foreign trip since taking office to the United States. The visit will see the signing of economic agreements, notably an energy fund that will allocate resources equivalent to the revenue from 500,000 barrels of oil.
Domestic vehicle market share rises to 34 percent in first half
The share of domestic production in Turkey's automotive market rose to 34 percent in the first half of 2026. This ratio is expected to increase further with new investments.
Brent oil rises 4.2% after additional US strikes on Iran
The price of Brent crude oil rose to $79.2 a barrel, up more than 4.2%, after additional US military strikes on Iran. US crude oil also rose 4.3% to $74.5.
Tanker transits through Strait of Hormuz fall to five-week low
Rising tensions between the US and Iran and attacks on commercial ships have disrupted tanker traffic in the Strait of Hormuz. Only six vessels transited on Sunday, and many tankers switched off their transponders due to security concerns.
US strikes Iran for second day; Iran targets Gulf states
As the US continued its strikes on Iran for a second day, Iran's Revolutionary Guards announced they had hit US targets in Bahrain, Jordan, and Kuwait. Tensions in the Strait of Hormuz drove up oil prices.
Global funds shift away from AI stocks in emerging markets
Global asset managers are reducing their reliance on AI-linked technology stocks in emerging markets due to high valuations and risk concentration. Meanwhile, AI infrastructure spending is expected to reach $750 billion in 2026.

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