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July 2024

Turkish unemployment hits 12-year low in May

ISTANBUL: Unemployment in Trkiye dropped to 8.4% in May, its lowest rate since November 2012 – nearly 12 years ago – official figures from the Turkish Statistical Institute said Wednesday.

The rate was at 8.5% in April and 9.5% in May 2023, according…

Global markets continue to fluctuate

ISTANBUL: Global markets continued to follow a mixed course after the US Federal Reserve chair said that data for the first quarter of the year has not yet provided enough confidence.

“The latest inflation data again showed modest progress, and more …