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Trkiye’s industrial production inches down in May

ISTANBUL: Trkiye’s industrial production was down slightly in May, 0.1% year-on-year, the Turkish Statistical Institute (TurkStat) said on Wednesday.

Among sub-sectors, the mining and quarrying index rose 2.2% in May and the electricity, gas, steam a…

Chipmaker TSMC’s revenues soar by 28% to $38.7B in H1

ISTANBUL: Taiwan-based global semiconductor giant Taiwan Semiconductor Manufacturing Co’s (TSMC) revenues increased by 28% in the first half of 2024 on a yearly basis.

According to the firm’s statement on Wednesday, the firm’s revenues totaled 1.26 t…

Japan’s producer prices up by 2.9% in June

ISTANBUL: Japan’s annual producer inflation was 2.9% in June, the Bank of Japan announced on Wednesday.

On a monthly basis, the producer price index was also up by 0.2% in June, the bank’s figures showed.

The highest annual hike was seen in nonferro…