Turkish parliament to debate Sweden’s NATO bid on Tuesday -sources
By Huseyin Hayatsever ANKARA (Reuters) – The Turkish parliament’s general assembly is set to debate Sweden’s NATO membership bid on Tuesday, three sources from parliament said. After likely full parliamentary approval on…
Role of Islam in Turkish education fuels secularist fears
By Daren Butler and Birsen Altayli ISTANBUL (Reuters) – Turkey’s steps to promote traditional moral values in students, increase Islamic lessons and open prayer rooms in schools are fuelling secularist concerns in…
Turkish Airlines talks to Airbus about ordering 355 new jets
ANKARA (Reuters) – Turkish Airlines (THY) on Saturday held talks with Airbus to discuss a potential order of 355 new aircraft, the state-run Anadolu news agency said. During the meeting, which took…
Turkish President Claims US Carrier Group Will Commit ‘Very Serious Massacres’ In Gaza
Turkish President Claims US Carrier Group Will Commit ‘Very Serious Massacres’ In Gaza Harold Hutchison on October 10, 2023 Turkish President Recep Tayyip Erdogan claimed during a press conference on Tuesday that…
Turkish inflation rises to 61.53% in September, near forecast
ISTANBUL (Reuters) -Turkish annual consumer price inflation climbed to 61.53% in September, official data showed on Tuesday, just below expectations and rising for a third consecutive month in response to recent tax…
Turkish manufacturing activity contracts in September – PMI
ISTANBUL (Reuters) – Turkish factory activity contracted for the third consecutive month in September, although only very slightly due to a less pronounced slowdown in output and new orders, a survey showed…
Turkish central bank’s net reserves seen rising more than $6 billion as policy U-turn continues – bankers
By Nevzat Devranoglu ANKARA (Reuters) – The Turkish central bank’s net international reserves rose by more than $6 billion last week to about $24 billion, four bankers said on Tuesday, resuming an…
JPMorgan doubles Turkish rate hike forecasts for coming months
LONDON (Reuters) – JPMorgan doubled its Turkish rate-hike forecasts for the coming months on Thursday, predicting that fiscal spending plans and higher inflation would see them go up by another 10 percentage…
Turkish manufacturing contracts in August -PMI
ISTANBUL (Reuters) – Turkish factory activity contracted for a second month in August due to a slowdown in new orders as firms faced challenges securing business, a survey showed on Friday. The…
Turkish cenbank governor, Finance Minister to attend JP Morgan investor meeting on Friday -sources
By Orhan Coskun and Karin Strohecker ISTANBUL/LONDON (Reuters) – Turkish Central Bank Governor Hafize Gaye Erkan and Finance Minister Mehmet Simsek will attend a meeting with investors being held by JP Morgan…
Reuters appeals Turkish court order to remove news article
(Reuters) – Reuters said on Monday it has appealed a Turkish court order to remove a news article on the agency’s website that said U.S. and Swedish prosecutors are studying a graft…
Factbox-Analysts bet bumper Turkish rate hikes on the way
LONDON (Reuters) – Analysts at leading investment banks expect Turkey’s new economic chiefs to start ramping up interest rates next week as part of a major reset of the country’s economic policies.…
Turkish central bank signals to banks it may soften measures -bankers
By Nevzat Devranoglu ANKARA (Reuters) – Turkey’s central bank signalled at a meeting with senior bankers that it would respond positively to the banks’ requests to soften some measures which it has…
Turkish court acquits three people in retrial over Ghosn escape – lawyer
ISTANBUL (Reuters) – A Turkish court acquitted three people over former Nissan boss Carlos Ghosn’s escape via Istanbul to Lebanon after fleeing Japan, a lawyer for one of the defendants said on…
Turkish banks restrict credit access amid pre-runoff uncertainty
By Nevzat Devranoglu and Ebru Tuncay ANKARA (Reuters) – Turkish banks have restricted access to some individual loans and postponed decisions on extending corporate loans following new regulations introduced since Sunday’s inconclusive…
Turkish lira hits record low as bonds steady after post-election rout
By Libby George LONDON (Reuters) – Turkey’s lira weakened to a record low against the dollar on Thursday, after incumbent Tayyip Erdogan’s lead in presidential elections surprised markets, while the nation’s sovereign…
Analysis-Erdogan election showing cools Turkish turnaround hopes
By Marc Jones LONDON (Reuters) – Hopes among investors of a surge in Turkish markets evaporated on Monday after long-standing President Tayyip Erdogan took a commanding position in Turkey’s elections. The combative…
Turkish Airlines set to order 600 aircraft, chairman says
ISTANBUL (Reuters) – Turkish Airlines (THY) will order a total of 600 new aircraft in June and they will be delivered within ten years, company chairman Ahmet Bolat said on Thursday. Such…
First-time voters may have decisive say in Turkish election
By Birsen Altayli and Ezgi Erkoyun ISTANBUL (Reuters) – Turkish university student Yunus Efe has known only one leader of his country – Tayyip Erdogan. As he prepares to vote for the…
Goldman Sachs cautious on Turkish bank stocks ahead of election
LONDON (Reuters) – Goldman Sachs said on Thursday it was “cautious” on Turkish banks heading into the May 14 election, with lenders more vulnerable than the country’s other stocks to a potential…
Turkish factory activity growth gathers pace in April -PMI
ISTANBUL (Reuters) – Growth in new orders and output helped Turkish factory activity expand at a faster pace in April, as the sector continued its recovery in the wake of massive earthquakes…
Turkish budget deficit widens in March after quakes
ISTANBUL (Reuters) – Turkey’s central government budget recorded a deficit of 47.22 billion lira ($2.46 billion) in March, the Finance Ministry said on Monday, while the cumulative deficit for 2023 so far…
Turkish house sales drop 18% year-on-year in February -stats institute
ISTANBUL (Reuters) – Turkish home sales fell 18% year-on-year in February to 80,031 houses, with sales to foreigners dropping 27%, data from the Turkish Statistical Institute showed on Wednesday. Russians topped the…
Turkish lira falls to record low near 19 to the dollar
ANKARA (Reuters) – Turkey’s lira weakened to a fresh record low of 18.9620 against the dollar on Thursday, as investors weigh the economic impact of massive earthquakes that hit the country last…
Turkish earthquake survivors reconsider election loyalty to Erdogan
By Can Sezer and Jonathan Spicer KAHRAMANMARAS, Turkey (Reuters) – Turkish President Tayyip Erdogan could have relied on strong voter backing from Cigdemtepe and other villages and towns across southeast Turkey in…
Turkish factory activity returns to expansion in January
ANKARA (Reuters) – Turkey’s industrial production index is expected to have expanded 2.45% year-on-year in January, a Reuters poll showed on Tuesday, returning to growth after two months of contraction. Industrial activity…
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