JAKARTA (Reuters) -Indonesia has signed a contract to buy 48 KAAN fighter jets from Turkey, the Indonesian defence ministry said on Tuesday, sealing the latest purchase by the Southeast Asian nation aimed at modernising its ageing military hardware.

Turkey's economy has returned to a "positive cycle" after market turbulence in March, Finance Minister Mehmet Simsek said on Sunday. All financial indicators including gross foreign exchange reserves and the main stock index BIST100 have returned to mid-March levels with the steps taken to manage the economy,

Among the deals signed during IDEF was a contract finalizing last month’s preliminary agreement between Turkey and Indonesia, under which Turkey will export 48 domestically produced KAAN fighter jets. The agreement marks the first export deal for the advanced aircraft, which remains under development and is expected to enter service by the 2030s.

Turkey has unveiled a new bomb described by state-linked media as the NATO country's "most powerful" air-launched conventional weapon, as Ankara positions itself as a major defense exporter. The thermobaric weapon, dubbed GAZAP, is "very destructive," Turkey's state-run Anadolu news agency reported.

The United Nations climate chief on Monday urged Australia and Turkey to resolve their long-running tussle over who will host next year's COP31 summit, calling the delay unhelpful and unnecessary.

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AT least 17 people have been killed in apocalyptic wildfires tearing through Turkey as record-breaking 50C heat and howling winds fuel devastation across the eastern Mediterranean. The infernos