Industry

Asian stocks close mixed, end week with gains

Major stock markets in Asia closed mixed on Friday, but they ended the week with gains due to their rally at the first half of this week.The Asia Dow, which includes blue-chip companies in the region, was up 11 points, or 0.3%, to 3,923 at 1000GMT. It …

Borsa Istanbul flat at Friday’s open

Turkey’s benchmark stock index opened at 1,444.82 points on Thursday, up 0.02% or 0.36 points from the previous close.At Thursday’s close, Borsa Istanbul’s BIST 100 index was up 2.38% to 1,444.46 points, with a daily trading volume of 15.7 billion Turk…

Spot market electricity prices for Saturday, August 14

The highest electricity price rate for one megawatt-hour in Turkey’s day-ahead spot market for Saturday will be 600 Turkish liras at 20.00 (1700 GMT) and the lowest will be 360.34 liras at 06.00 local time (0300 GMT), according to official figures on F…

Oil prices fall on low demand projections for remainder of 2021

Both oil benchmarks fell on Friday, as the International Energy Agency’s (IEA) outlook for the remainder of this year was downgraded due to restrictions imposed due to the spread of the Covid-19 pandemic, and on revisions to historical data.Internation…

With fall of Logar, Taliban close in on Afghanistan’s capital

Making rapid gains over the past few days, the Taliban have now taken control of 17 of Afghanistan’s 34 provincial capitals, sources confirmed on Friday.Following days of heavy clashes, the insurgents captured Afghanistan’s second- and third-largest ci…

Turkey, Sudan set $2B trade target

Turkey and Sudan on Friday set a target of $2 billion trade in the next five years, said Turkey’s vice president.“Our trade with Sudan reached $480 million in 2020,” Fuat Oktay said during a Turkey-Sudan round-table meeting in the capital Ankara.Mining…