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  • Turkey, Indonesia ramp up halal tourism efforts

    KONYA, Turkey, and JAKARTA -- With the global economy in the doldrums, one of the few bright spots is the travel market. Muslim-friendly halal tourism in particular is showing healthy growth, and is becoming a top priority for Turkey and Indonesia,

    May 29, 2016 09:00 pm JST
  • Turkey's Erdogan approves new government formed by ally

    ANKARA, Turkey (AP) -- Turkish President Recep Tayyip Erdogan on Tuesday approved a new government formed by one of his most trusted allies, who has pledged to push through constitutional reforms that would expand the powers of the presidency.Erdoga

    May 24, 2016 07:26 pm JST
  • Turkish ruling party confirms Erdogan ally as new chairman

    ANKARA (AP) -- Turkey's ruling party confirmed a trusted ally of President Recep Tayyip Erdogan as its new chairman on Sunday, setting the stage for his appointment as the new prime minister. The move is widely believed to consolidate Erdogan's hold

    May 22, 2016 11:54 pm JST
  • Erdogan ally set to be appointed Turkey's new prime minister

    ANKARA (AP) -- Turkey's ruling party is holding a special convention to confirm a longtime ally of President Recep Tayyip Erdogan as its new chairman and next prime minister.Binali Yildirim, the transport and communications minister and a founding m

    May 22, 2016 05:16 pm JST
  • Terror threat hits economies in Middle East, North Africa

    ISTANBUL -- An unending series of terrorist attacks in the Middle East and North Africa is taking a heavy toll on tourism-driven economies in the regions. Turkey, Egypt and Tunisia, which depend heavily on money spent by foreign tourists, are ge

    May 11, 2016 07:00 pm JST
  • Turkey's Sabanci exploring international partnerships: CEO

    ISTANBUL -- Turkey's second-biggest conglomerate, Sabanci Group, is considering international partnerships for strengthening energy management and manufacturing operations to reduce its reliance on the banking business.Sabanci Holding CEO Zafer Kurt

    May 11, 2016 11:30 am JST
  • Commentary

    Ian Bremmer -- Chronic illness more critical than headline-grabbing infections

    It is usually a crisis, not a long-term problem, that forces people and governments to act. The changing landscape of today's global public health challenges ensures that this tendency will pose serious political and economic problems in both indust

    May 9, 2016 04:48 pm JST
  • Turkish Prime Minister Davutoglu bows out as Erdogan aims at stronger presidency

    ANKARA/ISTANBUL (Reuters) -- Ahmet Davutoglu announced on Thursday that he was stepping down as leader of Turkey's ruling AK Party and therefore as prime minister, bowing to President Tayyip Erdogan's drive to create a powerful executive presidency.

    May 6, 2016 09:00 am JST
  • Edward Alden: Solving the global steel glut means sharing the pain

    The steel industry is once again in crisis. Led by China, global steelmaking capacity has doubled in the past 15 years, while demand has slumped. The consequences in many countries are falling prices, idled production, bankruptcies and job losses. T

    May 5, 2016 12:00 pm JST
  • Bird flu scare takes bite out of NH Foods' profit

    OSAKA -- Net profit at Japan's NH Foods, also known as Nipponham Group, fell 30% for the year ended March 31 after an avian influenza outbreak led to hefty write-downs on the company's Turkish poultry unit.Group net profit totaled 21.7 billion yen (

    May 3, 2016 02:00 am JST
  • Dovish Fed, oil rally buoy emerging-market currencies

    TOKYO -- Currencies in emerging countries are firming up against the dollar as a pickup in oil prices boosts investor confidence and the U.S. Federal Reserve looks less likely to raise interest rates for the time being.The Brazilian real and the Tur

    April 29, 2016 06:00 am JST
  • Commentary

    Edward Alden: How to solve the global steel glut

    The steel industry is once again in crisis. Led by China, global steelmaking capacity has doubled in the past 15 years, while demand has slumped. The consequences in many countries are falling prices, idled production, bankruptcies and job losses. U

    April 19, 2016 05:00 pm JST
  • G-20 starts 2-day meeting, study ways to lift slowing economy

    WASHINGTON (Kyodo) -- Finance chiefs from the Group of 20 economies started a two-day meeting Thursday to discuss ways to support global economic growth amid financial market instability and a slowdown in emerging countries. During the gathering

    April 15, 2016 08:31 am JST
  • Turkish soap-maker Evyap breaks with tradition in Malaysia

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    April 14, 2016 12:00 pm JST
  • Turkish soap-maker Evyap breaks with tradition in Malaysia

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    April 14, 2016 12:00 pm JST
  • Mitsubishi Electric plans air conditioner plant in Turkey

    TOKYO -- Mitsubishi Electric on Wednesday announced it will open a household air conditioner development and production site in Turkey at a projected cost of 7 billion yen ($64 million). Construction will begin by this fall in the province of Ma

    April 14, 2016 03:00 am JST
  • Sprint could still ding SoftBank on road to recovery

    TOKYO -- U.S. cellular provider Sprint remains far from profitability despite some cost-cutting success, threatening to soil parent SoftBank Group's balance sheet if its value dips too far. SoftBank shares ended Thursday, and thus fiscal 2015, a

    April 1, 2016 02:00 am JST
  • Japanese fabric makers find eager market in Middle East

    TOKYO -- Japan's Mitsubishi Rayon, Kuraray and other leading fabric makers are preparing to enhance sales of their quality materials to the Middle Eastern market, to be used for traditional garments. Made-in-Japan fabrics, many of them featuring cut

    March 28, 2016 07:00 pm JST
  • Japanese detained in Turkey for trying to join Islamic State: reports

    CAIRO (Kyodo) -- Turkish security forces have detained a Japanese man attempting to join the Islamic State extremist group near the Syrian border, Turkish media reported Wednesday. The 23-year-old man was detained with several Syrians late Tuesd

    March 24, 2016 01:40 pm JST
  • Knowledge is power at top Turkish science school

    ISTANBUL -- Established in 1773 during the Ottoman Empire, Istanbul Technical University is one of Turkey's top science schools. The university's Energy Institute emphasizes research and development, as well as efficiency improvements, in order to t

    March 24, 2016 12:00 pm JST