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.
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.
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.
* Akbank secures syndicated loan, pricing jumps
(Adds economist comment, Akbank, lira, background)
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.
* Lira has now surrendered gains from rate hike
(Updates prices, adds analyst quote)
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.
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
Istanbul Die Türkei fordert die Supermacht USA heraus: Präsident Recep Tayyip Erdogan kündigte am Dienstag Sanktionen gegen das Vorzeige-Unternehmen Apple an.
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