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Turkish

Turkey tells U.S. it is worried about escalation of Middle East crisis, Turkish source says

April 14, 2024
Turkey tells u. S. It is worried about escalation of middle east crisis, turkish source says - photo licensed by shore news network.

ANKARA (Reuters) – Turkish Foreign Minister Hakan Fidan told his U.S. counterpart Antony Blinken in a call on Sunday that Ankara was worried about the …

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Turkish parliament to debate Sweden’s NATO bid on Tuesday -sources

January 22, 2024
Turkish parliament to debate sweden's nato bid on tuesday -sources - photo licensed by shore news network.

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 …

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Turkish central banker Erkan says country is determined to achieve disinflation -sources

January 11, 2024
Turkish central banker erkan says country is determined to achieve disinflation -sources - photo licensed by shore news network.

By Nevzat Devranoglu NEW YORK/ANKARA (Reuters) -Turkey is committed to achieving disinflation, central bank chief Hafize Gaye Erkan told investors on Thursday while anticipating the …

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Turkish banks trim deposit rates as margins pressured -sources

January 5, 2024January 5, 2024
Turkish banks trim deposit rates as margins pressured -sources - photo licensed by shore news network.

By Ebru Tuncay ISTANBUL (Reuters) – Some Turkish banks have begun to cut their lira deposit rates to ease pressure on margins, banking sources said, …

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Role of Islam in Turkish education fuels secularist fears

December 14, 2023
Role of islam in turkish education fuels secularist fears - photo licensed by shore news network.

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 …

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Turkish Airlines talks to Airbus about ordering 355 new jets

November 11, 2023
Turkish airlines talks to airbus about ordering 355 new jets - photo licensed by shore news network.

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 …

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Turkish President Claims US Carrier Group Will Commit ‘Very Serious Massacres’ In Gaza

October 11, 2023

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 …

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Turkish inflation rises to 61.53% in September, near forecast

October 3, 2023
Turkish inflation rises to 61. 53% in september, near forecast - photo licensed by shore news network.

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 …

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Turkish manufacturing activity contracts in September – PMI

October 2, 2023
Turkish manufacturing activity contracts in september - pmi - photo licensed by shore news network.

ISTANBUL (Reuters) – Turkish factory activity contracted for the third consecutive month in September, although only very slightly due to a less pronounced slowdown in …

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Turkish central bank’s net reserves seen rising more than $6 billion as policy U-turn continues – bankers

September 26, 2023

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, …

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JPMorgan doubles Turkish rate hike forecasts for coming months

September 7, 2023
Jpmorgan doubles turkish rate hike forecasts for coming months - photo licensed by shore news network.

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 …

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Turkish manufacturing contracts in August -PMI

September 1, 2023September 1, 2023
Turkish manufacturing contracts in august -pmi - photo licensed by shore news network.

ISTANBUL (Reuters) – Turkish factory activity contracted for a second month in August due to a slowdown in new orders as firms faced challenges securing …

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Turkish cenbank governor, Finance Minister to attend JP Morgan investor meeting on Friday -sources

August 3, 2023August 3, 2023
Turkish cenbank governor, finance minister to attend jp morgan investor meeting on friday -sources - photo licensed by shore news network.

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 …

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Reuters appeals Turkish court order to remove news article

July 3, 2023

(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. …

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Factbox-Analysts bet bumper Turkish rate hikes on the way

June 13, 2023
Factbox-analysts bet bumper turkish rate hikes on the way - photo licensed by shore news network.

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 …

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Turkish central bank signals to banks it may soften measures -bankers

May 31, 2023
Turkish central bank signals to banks it may soften measures -bankers - photo licensed by shore news network.

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 …

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Turkish court acquits three people in retrial over Ghosn escape – lawyer

May 30, 2023
Turkish court acquits three people in retrial over ghosn escape - lawyer - photo licensed by shore news network.

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 …

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Turkish banks restrict credit access amid pre-runoff uncertainty

May 19, 2023
Turkish banks restrict credit access amid pre-runoff uncertainty - photo licensed by shore news network.

By Nevzat Devranoglu and Ebru Tuncay ANKARA (Reuters) – Turkish banks have restricted access to some individual loans and postponed decisions on extending corporate loans …

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Turkish lira hits record low as bonds steady after post-election rout

May 18, 2023
Turkish lira hits record low as bonds steady after post-election rout - photo licensed by shore news network.

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 …

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Analysis-Erdogan election showing cools Turkish turnaround hopes

May 15, 2023
Analysis-erdogan election showing cools turkish turnaround hopes - photo licensed by shore news network.

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 …

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Turkish Airlines set to order 600 aircraft, chairman says

May 11, 2023
Turkish airlines set to order 600 aircraft, chairman says - photo licensed by shore news network.

ISTANBUL (Reuters) – Turkish Airlines (THY) will order a total of 600 new aircraft in June and they will be delivered within ten years, company …

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First-time voters may have decisive say in Turkish election

May 8, 2023
First-time voters may have decisive say in turkish election - photo licensed by shore news network.

By Birsen Altayli and Ezgi Erkoyun ISTANBUL (Reuters) – Turkish university student Yunus Efe has known only one leader of his country – Tayyip Erdogan. …

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Goldman Sachs cautious on Turkish bank stocks ahead of election

May 4, 2023
Goldman sachs cautious on turkish bank stocks ahead of election - photo licensed by shore news network.

LONDON (Reuters) – Goldman Sachs said on Thursday it was “cautious” on Turkish banks heading into the May 14 election, with lenders more vulnerable than …

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Turkish factory activity growth gathers pace in April -PMI

May 2, 2023
Turkish factory activity growth gathers pace in april -pmi - photo licensed by shore news network.

ISTANBUL (Reuters) – Growth in new orders and output helped Turkish factory activity expand at a faster pace in April, as the sector continued its …

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Turkish budget deficit widens in March after quakes

April 17, 2023
Turkish budget deficit widens in march after quakes - photo licensed by shore news network.

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 …

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Turkish house sales drop 18% year-on-year in February -stats institute

March 15, 2023
Turkish house sales drop 18% year-on-year in february -stats institute - photo licensed by shore news network.

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 …

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Turkish lira falls to record low near 19 to the dollar

March 9, 2023
Turkish lira falls to record low near 19 to the dollar - photo licensed by shore news network.

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 …

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Turkish earthquake survivors reconsider election loyalty to Erdogan

March 8, 2023
Turkish earthquake survivors reconsider election loyalty to erdogan - photo licensed by shore news network.

By Can Sezer and Jonathan Spicer KAHRAMANMARAS, Turkey (Reuters) – Turkish President Tayyip Erdogan could have relied on strong voter backing from Cigdemtepe and other …

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Turkish factory activity returns to expansion in January

March 7, 2023
Turkish factory activity returns to expansion in january - photo licensed by shore news network.

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 …

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Turkish manufacturing activity barely grows in February as quake disrupts production

March 1, 2023
Turkish manufacturing activity barely grows in february as quake disrupts production - photo licensed by shore news network.

ISTANBUL (Reuters) – Turkish factory activity expanded very slightly in February as massive earthquakes impacted the sector as some firms suspended production resulting in a …

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Turkish trade deficit jumps 38% to $14.2 billion in January

February 27, 2023
Turkish trade deficit jumps 38% to $14. 2 billion in january - photo licensed by shore news network.

ISTANBUL (Reuters) – Turkey’s foreign trade deficit widened 38.4% year-on-year to $14.24 billion in January, official data showed on Monday, with imports surging 20.7% and …

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Turkish economic confidence down slightly in February

February 27, 2023
Turkish economic confidence down slightly in february - photo licensed by shore news network.

ISTANBUL (Reuters) – Turkey’s economic confidence index fell 0.3% month-on-month in February to 99.1 points, following massive earthquakes that devastated the country’s southern region, data …

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Turkish woman dies day after her rescue following 104 hours under quake rubble

February 11, 2023
Turkish woman dies day after her rescue following 104 hours under quake rubble - photo licensed by shore news network.

KIRIKHAN, Turkey (Reuters) – A woman died in hospital on Saturday a day after she was pulled out of the rubble of a collapsed building …

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Turkish consumer confidence rises to 79.1 points in January

January 23, 2023
Turkish consumer confidence rises to 79. 1 points in january - photo licensed by shore news network.

ISTANBUL (Reuters) – Turkey’s consumer confidence index rose 4.6% to 79.1 points in January, official data showed on Monday, increasing again after a month with …

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Turkish foreign minister says he expects U.S. to approve F-16 sale

January 18, 2023
Turkish foreign minister says he expects u. S. To approve f-16 sale - photo licensed by shore news network.

WASHINGTON (Reuters) – Turkish Foreign Minister Mevlut Cavusoglu said ahead of a meeting with U.S. Secretary of State Antony Blinken in Washington on Wednesday that …

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Turkish 2022 trade deficit leaps 138% to $110.2 billion -ministry

January 2, 2023
Turkish 2022 trade deficit leaps 138% to $110. 2 billion -ministry - photo licensed by shore news network.

ISTANBUL (Reuters) – The Turkish trade deficit widened 138.4% from the previous year to $110.19 billion in 2022, the Trade Ministry said on Monday, with …

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Turkish factory activity contracts in Dec but shows improvement -PMI

January 2, 2023
Turkish factory activity contracts in dec but shows improvement -pmi - photo licensed by shore news network.

ISTANBUL (Reuters) – Turkish factory activity contracted for the 10th month running in December but showed some signs of improvement from previous months as output …

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Turkish central bank includes other financial firms in securities regulation

December 31, 2022
Turkish central bank includes other financial firms in securities regulation - photo licensed by shore news network.

ANKARA (Reuters) – The Turkish central bank has included non-bank financial companies in securities maintenance regulations as part of its “liraization strategy” which will be …

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In a first, Turkish court arrests journalist under ‘disinformation’ law

December 15, 2022

By Huseyin Hayatsever and Ali Kucukgocmen ANKARA (Reuters) – A Turkish court ordered the arrest of a journalist in the country’s southeast for allegedly spreading …

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Turkish watchdog cuts banks’ forex to capital ratio limit

December 10, 2022
Turkish watchdog cuts banks' forex to capital ratio limit - photo licensed by shore news network.

ISTANBUL (Reuters) – Turkey’s BDDK banking watchdog has set the foreign currency net position to standard capital ratio for banks at a maximum 5% according …

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Azerbaijan’s SOCAR halts Russian crude supplies to Turkish refinery

December 8, 2022December 8, 2022
Azerbaijan's socar halts russian crude supplies to turkish refinery - photo licensed by shore news network.

By Rowena Edwards and Julia Payne LONDON/MOSCOW (Reuters) – Azerbaijan’s state oil firm SOCAR has paused purchases of Russian crude oil for its Turkish refinery, …

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Finland hopes for Turkish support for NATO bid soon, considers arms exports

December 8, 2022December 8, 2022
Finland hopes for turkish support for nato bid soon, considers arms exports - photo licensed by shore news network.

By Huseyin Hayatsever ANKARA (Reuters) – Finland’s defence minister Antti Kaikkonen said the sooner Turkey ratifies its NATO membership bid the better and it would …

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Turkish factory activity barely expanded in October: Reuters Poll

December 7, 2022
Turkish factory activity barely expanded in october: reuters poll - photo licensed by shore news network.

ANKARA (Reuters) – Turkey’s industrial production index is expected to have barely expanded in October, a Reuters poll showed on Wednesday, with some economists expecting …

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Turkish exporters’ head says FX rate should better reflect inflation

December 6, 2022
Turkish exporters' head says fx rate should better reflect inflation - photo licensed by shore news network.

By Ceyda Caglayan ISTANBUL (Reuters) – The Turkish lira’s sudden stability after a roller-coaster year, despite annual inflation near 85%, is hurting exporters’ competitiveness and …

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Turkish strikes hit oil installations in northern Syria, sources say

November 24, 2022November 24, 2022
Turkish strikes hit oil installations in northern syria, sources say - photo licensed by shore news network.

By Suleiman Al-Khalidi AMMAN (Reuters) – Turkish drones are targeting key oil installations run by the Kurdish-led Syrian Democratic Forces (SDF) in northeast Syria, three …

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Top U.S., Turkish generals hold phone call

November 23, 2022

WASHINGTON (Reuters) – The United States’ top general spoke with his Turkish counterpart on Wednesday, the U.S. military said, as Turkish President Tayyip Erdogan said …

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Turkish central bank warns lenders against FX transactions during ‘off hours,’ other issues -letter

October 31, 2022October 31, 2022
Turkish central bank warns lenders against fx transactions during 'off hours,' other issues -letter - photo licensed by shore news network.

ANKARA (Reuters) – Turkey’s central bank sent a letter to local lenders on Monday, warning them against conducting forex transactions with foreign banks during “off …

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Turkish central bank warns lenders against FX transactions during ‘off hours,’ other issues -letter

October 31, 2022October 31, 2022
Turkish central bank warns lenders against fx transactions during 'off hours,' other issues -letter - photo licensed by shore news network.

ANKARA (Reuters) – Turkey’s central bank sent a letter to local lenders on Monday, warning them against conducting forex transactions with foreign banks during “off …

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Turkish opposition calls new media law ‘censorship’, will appeal to top court

October 14, 2022
Turkish opposition calls new media law 'censorship', will appeal to top court - photo licensed by shore news network.

By Mert Ozkan and Jonathan Spicer ANKARA (Reuters) – Turkey’s main opposition group said on Friday it would ask the top court to throw out …

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Turkish central bank to cut rates to 11% after Erdogan nudge – Reuters Poll

October 14, 2022
Turkish central bank to cut rates to 11% after erdogan nudge - reuters poll - photo licensed by shore news network.

ISTANBUL (Reuters) – Turkey’s central bank is expected to cut its policy rate by 100 basis points to 11% next week, a Reuters poll showed …

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