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Economy news in Türkiye · Page 8

14 stories9 sources/story

Şimşek: Turkish economy is strong and resilient

Treasury and Finance Minister Mehmet Şimşek told US investors at the Türkiye Investment Conference in New York: "The Turkish economy is strong and resilient." He said the exit from FX-protected deposits (KKM) has increased resilience.

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Economy

SPK: Upper limit on share buybacks lifted

SPK announced it lifted the upper limit on the total price for share buybacks until further notice.

Economy

Diesel exceeds 100 lira, costs from field to table rising

Following the 4.62 lira increase on 17 September, diesel exceeded 100 lira in Istanbul, Ankara and İzmir; a 50-litre tank surpassed 5,000 lira. The rise is reflected in agricultural and transportation costs.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Machinery sector exported 18.8 billion dollars in 8 months

According to MAİB, machinery exports in the January-August period reached 18.8 billion dollars with a 1% increase. The highest sales were to Germany, while exports to the US increased by 29.4%.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

23 suspects detained in AcnTürk Sigorta operation

In an operation targeting AcnTürk Sigorta A.Ş. in 15 provinces coordinated by the İstanbul Anadolu Chief Public Prosecutor's Office, 23 suspects were detained. The prosecutor's office stated that the establishment capital was misleadingly used to obtain a license from SEDDK and 130 million lira was embezzled.

Economy

EU to implement quota on Turkish electrical steel from 25 September

The temporary safeguard measure published by the European Commission on 18 September will enter into force on 25 September. A tariff quota of 14,161.55 tonnes was allocated to Türkiye for lamination and cores; the duration is 155 days.

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Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: Ekonomi Manşet and Sigorta Gündem +3: Gazete Oksijen, Ekonomi Manşet and Sigorta Gündem

Economy

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