Middle East

Global remote sensing leader Aerodyne Group is drawing attention from investors. (Photo courtesy of Aerodyne Group)
Interview

Malaysia drone company Aerodyne raising funds with IPO on horizon

Global leader in remote sensing aims to go public within 3 years as demand grows

14 April 2022
While the world is desperate to find an alternative to Russian oil, the U.S. -- sitting on abundant shale -- is not. This has frustrated Iran, which hoped for leverage on the nuclear deal.
Energy

Iran's hope of Ukraine oil windfall fades, lacking leverage on U.S.

Millions of barrels of Tehran's crude sit in tankers offshore while negotiations stall

13 April 2022
Turkey’s third off-shore drill ship Kanuni, heading to the Black Sea through the Bosporus Strait. (Anadolu Agency )
Interview

Turkey targets nuclear and local gas to reduce energy imports

Deputy minister says country can help EU strengthen supply security

12 April 2022
The Montreux Convention gives Turkey the right to close the Bosporus in times of war, which it has. But If Vladimir Putin desperately needed more ships in the Black Sea, Recep Tayyip Erdogan would have a hard choice to make. (Source photos by Reuters and Getty Images) 
Indo-Pacific

Location, hard power underpin Turkey's geopolitical renaissance

But prolonged fighting in Ukraine may force Erdogan to clearly pick sides

7 April 2022
Turkish President Recep Tayyip Erdogan speaks during a February visit to Kyiv. Erdogan has sought to play a mediating role since Russia's invasion of Ukraine.
Ukraine war

Erdogan pushes for Putin-Zelenskyy summit in Turkey

Progress seen in talks but no signs of Russian leader willing to meet

2 April 2022
The war in Ukraine has cast a new cloud over hopes of reviving the Iran nuclear deal. (Source photos by AFP/Jiji and AP) 
International relations

Iran nuclear talks hang in balance after Russia invades Ukraine

Experts warn that time is running out to save the 2015 accord

23 March 2022
The 1915 Canakkale Bridge has the world's longest central section of 2,023 meters, some 30 meters longer than Japan's Akashi Kaikyo Bridge. (Anadolu Agency)
Construction

Turkey opens world's longest suspension bridge, built by 'K-tech'

South Korean consortium's speed and funding puts Japanese rivals on back foot

19 March 2022
A CP Foods chicken processing plant: Five of the company's plants have received halal certification from Saudi authorities. (Photo courtesy of CP Foods)
Food & Beverage

Thailand's CP Foods to restart chicken exports to Saudi Arabia

Mending of ties after Blue Diamond Affair allows company to gain foothold

18 March 2022
Destroyed Russian tanks in Sumy, Ukraine, on Mar. 7: this war may turn out to be a watershed moment for the future shape of the world order. (Handout photo from the Ukrainian Ground Forces)
Opinion

Ukraine war challenges world's middle powers to lead

Japan and Israel must embrace new initiatives in the Middle East and Asia

15 March 2022
A Latvian soldier stands in front of his formation alongside U.S. paratroopers during 2014 exercises in Riga, Latvia. (Photo courtesy of the Department of Defense)
Interview

Latvia ready to defend itself 'like never before': deputy PM

Russian neighbor says interested in Turkish drones used by Ukraine military

14 March 2022
Tech companies with engineers in Ukraine face a new, harsh reality: major delays in product development if Russia's invasion doesn't end soon. (Source photo by Getty Images) 
Ukraine war

Startups brace for talent crunch as Ukraine war rages

Israel tech companies have ramped up hiring during pandemic

13 March 2022
Russia's invasion of Ukraine has roiled global metal markets, with Turkey's steelmakers rushing to ramp up production and boost their exports. (Source photos by Turkey Steel Producers Association and Reuters) 
Business Spotlight

Turkey's steelmakers grab for market share from China, Russia, Ukraine

Industry sets expansion plan to capitalize on global disruption

11 March 2022
Russia's Foreign Minister Sergey Lavrov sits in front of his Ukrainian counterpart Dmytro Kuleba during a tripartite meeting chaired by Turkish Foreign Minister Mevlut Cavusoglu, in Antalya, Turkey on March 10. (Turkish Foreign Ministry via AP)
Ukraine war

Russia and Ukraine fail to agree cease-fire at meeting in Turkey

Foreign ministers blame each other after highest bilateral talks so far in war

10 March 2022
The Turkish Bayraktar TB-2 drone has been exported to Ukraine, Turkmenistan and Morocco. (Photo courtesy of Baykar Defense)
Aerospace & Defense Industries

Turkish drone success in Ukraine sets stage for Asia roadshow

Drone companies see potential customers in Japan, Indonesia and Malaysia

8 March 2022
The guided-missile destroyer USS Carney transits the Bosporus Strait in August 2018. Warships of outside countries like the U.S. cannot stay more than 21 days in the Black Sea. (Photo courtesy of the U.S. Navy)
Ukraine war

Why can Turkey block the Bosporus? 5 things to know

1936 Montreux Convention and geography give it leverage over Russia

7 March 2022
Brent was quoted $12.73 higher at $130.84, while U.S. crude rose $9.92 to $125.60.
Markets

Brent crude hits $130 a barrel; Nikkei plunges

U.S., Europe ban on Russian products and delayed Iran nuclear talks spark fears

7 March 2022
Oil prices are higher than they have been since 2008, causing governments to balance budgetary concerns against the need to keep people -- and economies -- moving. (Source photos by Reuters and Getty Images) 
Market Spotlight

In Asia, oil price surge stokes government fear of angry voters

Unaffordable or unavoidable? Helping drivers buy fuel is becoming both

7 March 2022
Stream article image
Most read in 2022

Turkey rejects Russia's request for navy ships to pass Bosporus

Invoking 1936 convention, Ankara turns back non-home based vessels

2 March 2022
Iranian Supreme Leader Ayatollah Khamenei delivers a televised speech in Tehran on Tuesday.
International relations

Iran's supreme leader blames U.S. 'mafia regime' for Ukraine war

Ayatollah Khamenei's speech comes as Iran nuclear deal remains in balance

1 March 2022
A Russian navy ship passes through the Bosphorus in Istanbul in May 2020.
Ukraine war

Turkey blocks Black Sea passage for Russian naval vessels

Erdogan announces restrictions to 'stop escalation' based on 1936 agreement

1 March 2022
Workers produce face masks at a Turkish manufacturer's facility in Istanbul. Exports surged in 2021 as multinational companies turned to the country amid supply chain bottlenecks.
Economy

Turkey posts G-20 topping 11% growth in 2021 as exports surge

Country benefits from supply-chain realignment, despite runaway inflation

28 February 2022
Representatives from a South Korean-led consortium stand in front of the newly completed Canakkale 1915 Bridge. (Photo by Momoko Kidera)
Construction

South Korea contractors lean on skills to win overseas bids

In Turkey and Mideast, builders shun underbidding and loss-making projects

27 February 2022
Turkish President Recep Tayyip Erdogan passes the ball to Senegalese President Macky Sall at the new Olympic Stadium in Dakar, Senegal. (Photo courtesy of the Turkish Presidency)
International relations

Turkey in Africa pitches non-Chinese, non-Western model

New Senegalese stadium meant not as a gift but a showcase of Turkish prowess

26 February 2022
A car dealership in Bursa, northwestern Turkey. Buying a new car is becoming more and more difficult for the average consumer due to soaring prices.
Automobiles

Turkey car sales drop as inflation puts them out of reach for many

Prices of imported vehicles more than double due to weaker lira

25 February 2022
Taliban forces ride in a car in Kabul in November 2021: the extremist government will struggle to stop the local Islamic State affiliate from drawing in militants to settle in ungoverned expanses of the country.
Opinion

Expect the world's ungoverned places to export instability

Outside actors prove increasingly reluctant to intervene

22 February 2022