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Germany’s manufacturing activity at over 3-year low in June

German manufacturing activity in June has posted the fastest deterioration for 37 months, according to the preliminary purchasing managers’ index (PMI) data released on Friday.The Hamburg Commercial Bank (HCOB) Flash Germany Manufacturing PMI tumbled …

Foreign visits to Trkiye rise 16.2% in May

Trkiye attracted 4.5 million foreign visitors in May, marking a 16.2% year-on-year rise, the Culture and Tourism Ministry said Friday.The famed Turkish resort city of Antalya was the top draw for foreign visitors with a 33.6% share, welcoming 1.51 mil…

Turkey hikes interest rates for first time in 27 months

The Central Bank of Turkey today held its first Monetary Policy Committee (MPC) meeting under the leadership of Hafize Gaye Erkan, who assumed the position after the May elections.During the meeting chaired by Erkan, the MPC made a significant move by…