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China grants 100% duty-free access to imports from Afghanistan

ISTANBUL: China on Friday confirmed that imports from Afghanistan will be granted 100% duty-free access, state media reported.

Foreign Ministry spokesman Lin Jian said the measure ‘will promote bilateral trade cooperation and achieve mutual benefits….

Russia increases policy rate to historical high level of 21%

ISTANBUL: The Bank of Russia increased its policy interest rate by 200 basis points to 21%, a historical high level, on Friday.

The bank has raised the rate from 8.5% to 19% since July 2023 through to September and the market expectation was 20% for …

Trkiye’s benchmark stock index down at open

ISTANBUL: Trkiye’s benchmark stock index, BIST 100, saw a decline of 0.33% or 29.21 points to open Friday’s trading at 8.843,64 points.

On Thursday, the index rose by 1.81%, ending the day at 8,872.85 points, with a daily transaction volume of 61 bil…