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Oil prices fall on renewed Israel-Hamas cease-fire hopes

ANKARA: Oil prices fell on Tuesday amid renewed hopes for a cease-fire between Israel and Hamas following US Secretary of State Antony Blinken’s announcement that Israeli Prime Minister Benjamin Netanyahu had accepted a new cease-fire proposal.

Brent…

Trkiye’s external assets reach $341.7B as of end-June

ISTANBUL: Trkiye’s external assets rose to $341.7 billion at the end of June, up 2.7% from the end of 2023, the country’s Central Bank said Tuesday.

Trkiye’s liabilities against non-residents climbed 10.1% to $670.2 billion in the same period.

The n…

Trkiye’s automotive production drops 13.9% in July

ANKARA: Trkiye’s automotive production declined by 13.9% year-on-year in July, totaling 116,569 vehicles, according to a report from the Automotive Manufacturers Association (OSD) released on Monday.

Production of passenger cars fell by 7.7% year-on-…