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June 2026

Retail Sales in Trkiye Surge 11.4% Year-on-Year in April

Trkiye: Trkiye’s retail sales surged 11.4% year-on-year in April, said the Turkish Statistical Institute (TurkStat) on Tuesday. The trade sales volume edged up 0.1% in the month on a yearly basis, while wholesale trade sales fell 3.3%.

According to …

Turkish Stock Exchange Opens Higher on Tuesday

Ankara: Trkiye’s benchmark stock index opened Tuesday at 14,482.86 points, marking an increase of 0.25% or 36.44 points from the previous close.

According to Anadolu Agency, on Monday, the BIST 100 experienced a significant surge of 3.64%, closing a…

Germany Rejects UniCredit’s $45B Takeover Offer for Commerzbank

Istanbul: Germany has rejected UniCredit’s takeover offer for Commerzbank, saying the bid does not include an appropriate premium, and reaffirmed support for the German lender’s independence.

According to Anadolu Agency, the interministerial steerin…