Edition:
United States

Behiye Selin Taner

Canary in the coal mine? Credit insurers pare back exposure in Turkey

Dec 13 2018

ISTANBUL Global credit insurers have cut exposure to some Turkish builders, retailers and other industries, four people familiar with the matter said, in what could be an early warning sign of a spike in bad debts.

Turkish central bank seen holding rates steady after inflation eases from 15-year high: Reuters poll

Dec 10 2018

ISTANBUL Turkey's central bank is likely to keep its main interest rate on hold at 24 percent this week, a Reuters poll showed on Monday, following a bigger-than-expected decline in November inflation.

Turkish economic confidence suffers biggest slump in decade, carmaker suspending production

Sep 27 2018

ISTANBUL Confidence in Turkey's economy fell by the most in a decade in September with a 15.4 percent tumble, official data showed on Thursday, reinforcing concerns about a sharp slowdown as the once star emerging market combats a currency crisis.

UPDATE 2-Turkish economic confidence suffers biggest slump in decade, carmaker suspending production

Sep 27 2018

* Akbank secures syndicated loan, pricing jumps (Adds economist comment, Akbank, lira, background)

Turkey's lira falls as much as two percent, wiping out gains from rate hike

Sep 18 2018

ISTANBUL Turkey's lira fell as much as 2 percent on Tuesday, erasing all its gains since the central bank's rate hike last week, as investors took a cautious tack before the government announces its three-year plan this week.

UPDATE 2-Turkey's lira falls as much as 2 percent, wiping out gains from rate hike

Sep 18 2018

* Lira has now surrendered gains from rate hike (Updates prices, adds analyst quote)

Turkey says U.S. trade sanctions could destabilize region, lira slide continues

Aug 27 2018

ISTANBUL Turkey warned on Monday that U.S. trade sanctions against it could destabilize the Middle East and ultimately bolster terrorism and the refugee crisis, underscoring the regional impact of Ankara's deepening rift with Washington.

Erdogan says Turkey will boycott U.S. electronics, lira steadies

Aug 14 2018

ISTANBUL President Tayyip Erdogan said on Tuesday that Turkey would boycott electronic products from the United States, retaliating in a row with Washington that has helped drive the lira to record lows. | Video

Erdogan kontert US-Zölle mit Boykott von iPhones

Aug 14 2018

Istanbul Die Türkei fordert die Supermacht USA heraus: Präsident Recep Tayyip Erdogan kündigte am Dienstag Sanktionen gegen das Vorzeige-Unternehmen Apple an.

Erdogan tells Turks to buy crumbling lira as Trump turns the screws

Aug 10 2018

ISTANBUL/WASHINGTON President Tayyip Erdogan told Turks on Friday to sell their gold and U.S. dollars to support the country's currency which plunged after U.S. President Donald Trump escalated a feud with NATO ally Turkey by doubling tariffs on metals imports. | Video

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