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BIST10012,118
-1.08%
USD49.39
+0.05%
EUR55.30
+0.16%
GOLD4,160.00
+1.27%
INTEREST37.00%
-1.00
BITCOIN81,535
-0.05%
October 15, 202616°
BIST10012,118
-1.08%
USD49.39
+0.05%
EUR55.30
+0.16%
GOLD4,160.00
+1.27%
INTEREST37.00%
-1.00
BITCOIN81,535
-0.05%
October 15, 202616°

Markets & Finance

195 articles

Economy

Pioneer of defense industry Ahmet Mithat Ertuğ laid to rest
The funeral of Ahmet Mithat Ertuğ, a pioneer of the Turkish defense and aerospace industry, was laid to rest after a prayer at Cebeci Asri Cemetery. Ertuğ, who died at the age of 78, had made significant contributions to the sector, especially through domestic production and clustering efforts.
London Stock Exchange company losses deepen as takeovers exceed $81 billion in first half of the year
Company departures from the British stock exchange are accelerating. Takeover offers in the first half of 2026 reached 61 billion pounds ($81 billion), while IPOs cannot offset these losses.
Bank for International Settlements issues four critical warnings for global economy
The Bank for International Settlements (BIS) reported in its annual report that persistent inflation, supply chain disruptions, bubble risk in artificial intelligence investments, and high public debt threaten the global economy. The report warned that these risks are interconnected and any shock could spread quickly.
Iraqi Prime Minister instructed to ease visa procedures for Turkish businesspeople
Iraqi Prime Minister Ali al-Zaydi received the Turkish Ambassador and businesspeople in Baghdad and instructed to ease visa procedures for Turkish investors. The meeting also discussed economic relations between the two countries and the Development Road project.
EU to allocate 200 million euros for transportation and energy infrastructure in the South Caucasus
The European Union announced it will provide up to 200 million euros in grants to strengthen transportation, energy and digital connections in the South Caucasus. The announcement came after European Commission President Ursula von der Leyen's meeting with Azerbaijani President Ilham Aliyev in Baku.
Trump's cryptocurrency income declared as $1.4 billion in financial disclosure
A financial disclosure for U.S. President Donald Trump revealed he earned at least $1.4 billion from cryptocurrency projects last year, Bloomberg reported, surpassing his hotel and golf course income.
Strait of Hormuz crisis and Russian gas ban push Europe into energy crisis
Europe faces a serious energy crisis ahead of winter due to supply disruptions in the Strait of Hormuz and the EU's upcoming ban on Russian gas. Gas storage levels have dropped to 48 percent, while prices have risen to 42 euros per megawatt-hour; experts warn that the difficult winter ahead could trigger economic and social upheaval.
TACCI and TASC Sign Memorandum of Understanding to Increase Commercial Cooperation in New York
The Turkish-American Chamber of Commerce and Industry (TACCI) and the Turkish-American Steering Committee (TASC) signed a memorandum of understanding at an event in New York to strengthen commercial ties. The collaboration aims to establish direct business relationships among members and ensure a bidirectional flow of trade.
IMF cuts Israel's 2026 growth forecast to 3.5% amid tensions
The International Monetary Fund (IMF) lowered its 2026 growth forecast for Israel to 3.5%, citing rising regional tensions that are casting a shadow over the economy.
BIST 100 index closes the day up 228.77 points
The BIST 100 index at Borsa Istanbul rose 228.77 points from the previous close to end the trading day higher. Total trading volume reached 193.5 billion Turkish liras, while the banking and holding indices gained value.

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