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Tag:

Turkish

  • US and World News

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

    by Reuters April 14, 2024
    by Reuters April 14, 2024

    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 potential spread and escalation of …

  • In the News

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

    by Reuters January 22, 2024
    by Reuters January 22, 2024

    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 …

  • In the News

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

    by Reuters January 11, 2024
    by Reuters January 11, 2024

    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 completion of the monetary policy …

  • In the News

    Turkish banks trim deposit rates as margins pressured -sources

    by Reuters January 5, 2024
    by Reuters January 5, 2024

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

  • In the News

    Role of Islam in Turkish education fuels secularist fears

    by Reuters December 14, 2023
    by Reuters December 14, 2023

    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 …

  • In the News

    Turkish Airlines talks to Airbus about ordering 355 new jets

    by Reuters November 11, 2023
    by Reuters November 11, 2023

    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, …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

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

    by The Daily Caller October 11, 2023
    by The Daily Caller 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 during a press conference on …

  • Business News

    Turkish inflation rises to 61.53% in September, near forecast

    by Reuters October 3, 2023
    by Reuters October 3, 2023

    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 …

  • Business News

    Turkish manufacturing activity contracts in September – PMI

    by Reuters October 2, 2023
    by Reuters October 2, 2023

    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 …

  • Business News

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

    by Reuters September 26, 2023
    by Reuters 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, four bankers said on Tuesday, …

  • Business News

    JPMorgan doubles Turkish rate hike forecasts for coming months

    by Reuters September 7, 2023
    by Reuters September 7, 2023

    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 …

  • Business News

    Turkish manufacturing contracts in August -PMI

    by Reuters September 1, 2023
    by Reuters September 1, 2023

    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 …

  • Business News

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

    by Reuters August 3, 2023
    by Reuters August 3, 2023

    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 …

  • US and World News

    Reuters appeals Turkish court order to remove news article

    by Reuters July 3, 2023
    by Reuters 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. and Swedish prosecutors are studying …

  • Business News

    Factbox-Analysts bet bumper Turkish rate hikes on the way

    by Reuters June 13, 2023
    by Reuters June 13, 2023

    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 …

  • Business News

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

    by Reuters May 31, 2023
    by Reuters May 31, 2023

    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 …

  • US and World News

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

    by Reuters May 30, 2023
    by Reuters May 30, 2023

    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 …

  • Business News

    Turkish banks restrict credit access amid pre-runoff uncertainty

    by Reuters May 19, 2023
    by Reuters May 19, 2023

    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 …

  • Business News

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

    by Reuters May 18, 2023
    by Reuters May 18, 2023

    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 …

  • Business News

    Analysis-Erdogan election showing cools Turkish turnaround hopes

    by Reuters May 15, 2023
    by Reuters May 15, 2023

    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. …

  • Business News

    Turkish Airlines set to order 600 aircraft, chairman says

    by Reuters May 11, 2023
    by Reuters May 11, 2023

    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 …

  • US and World News

    First-time voters may have decisive say in Turkish election

    by Reuters May 8, 2023
    by Reuters May 8, 2023

    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 …

  • Business News

    Goldman Sachs cautious on Turkish bank stocks ahead of election

    by Reuters May 4, 2023
    by Reuters May 4, 2023

    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 …

  • Business News

    Turkish factory activity growth gathers pace in April -PMI

    by Reuters May 2, 2023
    by Reuters May 2, 2023

    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 …

  • Business News

    Turkish budget deficit widens in March after quakes

    by Reuters April 17, 2023
    by Reuters April 17, 2023

    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 …

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