ISTANBUL: South Korean chip supplier SK Hynix announced Friday it will invest around 9.4 trillion won ($6.8 billion) in building a new semiconductor manufacturing plant in the country.
The company plans to begin construction of the first fab, or the …
ISTANBUL: Mexico saw a trade deficit of almost $1.04 billion in June, according to the country’s statistical authority data released Friday.
While the figure is a sharp reversal from $1.99 billion trade surplus recorded in May, the market expectation…
ISTANBUL: CrowdStrike shares were struggling to rebound after declining 25% since last Friday when an update caused a major global IT outage.
The American cybersecurity technology firm’s stock price was trading at $255.34 per share for nearly a 0.5% …
ISTANBUL: US-based global tech firm Apple dropped from top 5 list of smartphone vendors in China in the second quarter of this year, according to a report by Canalys.
The American tech company ranked sixth on the list with a market share of 14% in Ap…
ISTANBUL: US consumer sentiment in July stood at its lowest level in eight months, according to the final results from the University of Michigan’s consumer survey released Friday.
The index of consumer sentiment decreased 1.8 points to 66.4 in July,…
ANKARA: The Central Bank of Russia on Friday raised its key interest rate by 200 basis points to 18%, matching market expectations.
Highlighting that the inflation gained momentum to hover significantly above the bank’s April forecast, the bank said:…
ISTANBUL: Trkiye will direct a total of $30 billion worth of resources consisting of tax incentives and grant support to high technology investments, President Recep Tayyip Erdogan announced on Friday.
Speaking at the unveiling ceremony of the High T…