By Nevzat Devranoglu ANKARA (Reuters) – Targeted credit policies adopted by Turkey’s central bank have this year enabled small and medium-sized businesses (SMEs) to grab …
ISTANBUL (Reuters) – Turkish industrial production expanded 1% year-on-year in August, data showed on Wednesday, extending its rise for a 26th consecutive month against a …
ANKARA (Reuters) – The Turkish Central Bank’s net reserves rose $3 billion last week and total reserves climbed $7 billion, calculations based on preliminary data …
ISTANBUL (Reuters) – Turkey’s unemployment rate dropped 0.4 percentage points month-on-month to 9.6% in August, while a seasonally adjusted measure of labour under-utilisation fell to …
ISTANBUL (Reuters) – Turkish energy imports leapt 115% to $9.56 billion in September, the highest ever monthly level, Trade Ministry data showed on Tuesday. It …
ISTANBUL (Reuters) – Turkey’s trade deficit leapt 298% year-on-year in September to $10.384 billion, the Trade Ministry said on Tuesday, as surging energy import costs …
By Nate Raymond WASHINGTON (Reuters) – The U.S. Supreme Court on Monday agreed to hear Turkish state-owned lender Halkbank’s bid to avoid criminal charges of …
ISTANBUL (Reuters) – Turkish factory activity contracted for a seventh consecutive month in September as weak demand slowed down output and purchasing activity, a business …
ISTANBUL (Reuters) – Turkey’s foreign trade deficit surged 159.9% year-on-year to $11.19 billion in August, with imports surging 40.4%, data from the Turkish Statistical Institute …
By Ebru Tuncay, Nevzat Devranoglu and Ceyda Caglayan ISTANBUL (Reuters) – Some Turkish banks are curtailing corporate lending after the government’s latest raft of regulations …
ANKARA (Reuters) – A meeting between U.S. President Joe Biden and Turkish President Tayyip Erdogan later this month is under discussion, a senior Turkish official …
By Marc Frank HAVANA (Reuters) – Cuba, mired in an energy crisis that has brought frequent blackouts, is negotiating with a Turkish company to have …
LONDON – A Russian state news agency said on Tuesday that Russia and Turkey had signed a contract to ship Ankara a second batch of …
ANKARA – The original contract Turkey signed with Russia for the purchase of S-400 systems included two regiments, a Turkish official said, adding that there …
BEIRUT – Turkish troops and U.S.-backed Kurdish fighters exchanged heavy shellfire on Tuesday in the northern Syrian border town of Kobane, leaving one civilian dead …
ISTANBUL – The Turkish manufacturing sector contracted for a fifth consecutive month in July as weakening demand, market uncertainty and price pressures all played a …
ISTANBUL – Turkish and German foreign ministers argued over a range of issues in a tense and drawn-out news conference on Friday, trading barbs over …
By Nevzat Devranoglu ANKARA – The Turkish lira slipped again on Monday, sustaining a slow slide towards 18 against the dollar as concerns mounted about …
ISTANBUL – Turkey’s highest inflation rate in decades is expected to ease somewhat to around 70% by year-end, and the central bank is seen holding …
WASHINGTON – A Turkish businessman was extradited from Austria to face money laundering, wire fraud and obstruction charges. Sezgin Baran Korkmaz arrived today in Utah …
By Kanishka Singh WASHINGTON -Turkish businessman Sezgin Baran Korkmaz was extradited from Austria and arrived on Friday in Utah to face money laundering and wire …
Yesim Dikmen June 20 – Turkish Airlines is considering joint ventures and initial public offerings for its cargo business and regional carrier as it weighs …
ISTANBUL – Turkey’s Finance Minister Nureddin Nebati said on Saturday that the Turkish economy is liberal and will continue to grow in a sustainable way …
ISTANBUL – Turkey’s unemployment rate rose to 11.3% in April, while a seasonally adjusted measure of labour underutilisation fell 10 percentage points to 21.7%, data …
NEW YORK – The cost to ensure exposure to Turkey’s sovereign debt jumped on Tuesday and Turkey’s dollar-denominated bond prices fell a day after President …
ISTANBUL – The Turkish central bank has taken steps to increase the weight of lira-denominated assets in the collateral system as part of its currency …
By Nailia Bagirova BAKU – Ukraine’s destruction of Russian artillery systems and armoured vehicles with Turkish Bayraktar TB2 aerial drones has made “the whole world” …
ISTANBUL – Turkish Finance Minister Nureddin Nebati said on Monday that preliminary indicators show the economy grew at a 7% pace in the first quarter …
ISTANBUL – Turkey’s banking sector needs to prioritize sectors that will have a long term contribution to the economy, the country’s banking watchdog Chairman Mehmet …
By Nevzat Devranoglu ANKARA – A six-day slide in Turkey’s lira has left traders predicting that authorities are now targeting a new level, as weak …
GENEVA -The World Trade Organization (WTO) accepted some of Turkey’s complaints against European Union measures designed to curb imports of steel and advised the bloc …
By Humeyra Pamuk and Patricia Zengerle WASHINGTON – The influential chairman of the U.S. Senate Foreign Relations Committee criticized Secretary of State Antony Blinken on …
ISTANBUL -Turkey’s justice minister said on Friday his ministry would approve a request to transfer a trial over the killing of journalist Jamal Khashoggi to …
ISTANBUL – Turkish Finance Minister Nureddin Nebati said on Saturday the global rise in energy prices was accelerating inflation in the country, but Ankara would …
ISTANBUL – Ford Motor Co’s Turkish joint venture will buy the U.S. company’s Craiova plant in Romania for 575 million euros ($630 million) and plans …
Earlier today, in federal court in Central Islip, Ibrahim Aksakal was sentenced by United States District Judge Joanna Seybert to 27 months’ imprisonment for conspiring …
By Tuvan Gumrukcu ANKARA – Turkey and Israel will seek to overcome years of animosity and insults when their presidents meet for the first time …
LOS ANGELES – Two Los Angeles County men today were sentenced to federal prison on conspiracy and hate crime charges for attacking five victims …
By Ceyda Caglayan ISTANBUL – Textile and leather goods’ makers in Istanbul’s garment district are feeling the impact of Russia’s invasion of Ukraine as customers …
CHICAGO — An alleged cyber attacker from Turkey has been indicted in federal court in Chicago for allegedly orchestrating a distributed denial-of-service (DDoS) attack on …