Edition:
United States

Behiye Selin Taner

Turkey plans to move Treasury units to Istanbul - sources

Apr 04 2019

ISTANBUL, April 4 Several units of Turkey's Treasury and Finance Ministry are expected to be moved to Istanbul from Ankara, three sources told Reuters, to support steps to make the city a financial hub.

UPDATE 2-Turkish inflation edges up to 19.7 pct in March

Apr 03 2019

ISTANBUL, April 3 Turkey's annual consumer price inflation rose to 19.71 percent in March, official data showed on Wednesday, slightly exceeding poll forecasts as food prices jumped despite unorthodox government efforts to bring them down.

UPDATE 4-Turkish lira turns positive; Istanbul slips from Erdogan

Apr 01 2019

* Shares rise 1 percent (Updates lira, adds London swap rates, dollar bonds)

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.

World News