Business

Nearly 650,000 houses sold in 1st half

By The Frontier Post | July 20, 2018

ANKARA (AA): The number of residential properties sold in Turkey dropped 1.3 percent year-on-year to reach 646,032 in the first six months of 2018, the Turkish Statistical Institute (TurkStat) said on Thursday. Some 298,877 houses were sold for the first time from January to June while the rest were second-hand sales, TurkStat reported. The number…

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Amazon’s market value reaches $900 billion

By The Frontier Post | July 19, 2018

SAN FRANCISCO: Amazon.com’s (AMZN.O) stock market value reached $900 billion on Wednesday for the first time, marking a major milestone in its 21-year trajectory as a publicly listed company and threatening to dislodge Apple (AAPL.O) as Wall Street’s most valuable jewel. After Jeff Bezos founded the online book-selling company in his garage in 1994, Amazon…

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EU takes ‘safeguard measures’ on steel product imports

By The Frontier Post | July 19, 2018

Monitoring Desk ANKARA: The European Commission on Wednesday announced the “provisional safeguard measures” in regards to imports of some steel products. Noting in a statement that the EU market remained open and the traditional imports of steel products would not be influenced, the commission said the 25 percent tariffs would apply on 23 categories of…

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