IMF report: Pakistani economy picks up pace

Gross Domestic Product growth is expected to increase to 4.5 percent this fiscal year, helped by macroeconomic stability and low oil pricesANKARA -...

Istanbul Gold Exchange down

Istanbul Gold Exchange index loses in value on Thursday, Oct. 15, 2015ISTANBUL - The Istanbul Gold Exchange index lost in value on Thursday, Oct. 15, 2015, with gold trading at 109,700 Turkish...

Default histories reveal Greece not alone in facing crises

Over the past two centuries, many countries have faced defaults, especially during the period of two world wars in the last centuryWASHINGTON –...

Iran, Armenia make series of trade, investment deals

Electrical generation, gas pipelines and hydro power are all being considered, as sanctions on Iran have been droppedBy Najam AbbasLONDON - Armenia is negotiating...

Brazil unemployment climbs to 8 percent

Figures for February to April period are highest since series began in 2012 By Ben Tavener SAO PAULO - The jobless rate here has continued to climb...

Ethiopia: Turkish BMET aims at African power demand

Turkish cable maker to increase international market share amid rising demand for electricity, telecoms across the continentby Addis GetachewADDIS ABABA, Ethiopia  - Turkish cable manufacturer...
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UK retail sales jump 4.7 percent

- Internet sales climb 13.1 percent year-on-year, now account for 12.2 percent of all retail sales. ANKARA - Retail sales in the U.K. jumped 4.7...

Istanbul Gold Exchange down

Istanbul Gold Exchange index loses value Friday, March 18, 2016ISTANBUL - The Istanbul Gold Exchange index lost 1.05 percent in value Friday, March,...

US: Prod. cost of goods, retail sales fall in February

Producer Price Index and retail sales in U.S. decline for second consecutive monthNEW YORK - The cost of producing goods and services in...
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Russia, Norway and Egypt join China's new Asian bank

- Three nations become founding members of Asian Infrastructure and Investment Bank as China looks to expand influence.ANKARA - Russia, Norway and Egypt have been...

Investor cash flees Canada for foreign countries

Oil price drop plays havoc with Canadian currency, GDPBy Barry EllsworthTRENTON, Ont. -- Investors are fleeing Canada and taking their cash with them...

Turkey ranks 16 in global automobile production

Turkey manufactured one out of every 68 motor vehicles in the world in the first six months of 2015ANKARA – Turkey ranked 16th in global...

10 million to die by 2050 without new antibiotics: O’Neill

Ten million people could die every year unless new antibiotics are produced says Jim O'Neill, the economist and former chair of Goldman Sachs Asset...
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World aid policies don’t address crises: Turkey’s Babacan

- Regarding humanitarian and development assistance as two separate tracks fail to address world's protracted crises, says Ali Babacan.NEW YORK -- Counting humanitarian and development...

CORRECTION – Turkey: Qatar National Bank acquires Finansbank

Gulf region's largest bank will buy stake owned by the National Bank of GreeceCORRECTS IDIL KURAL'S JOB TITLE TO TRANSACTION ADVISORY SERVICES PARTNER AT EY...

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