Edition:
United States

Nevzat Devranoglu

Erdogan's party seeks changes to Turkish bankruptcy law over abuses

10:16am EST

ISTANBUL, Nov 13 President Tayyip Erdogan's AK Party on Tuesday submitted a bill to parliament to tighten Turkey's bankruptcy law aimed at preventing what the government says is abuse of the regulation by some healthy companies.

Demonstrationen im Iran vor neuen US-Sanktionen - "Tod Amerika"

Nov 04 2018

Dubai/Washington Im Iran sind vor dem Inkrafttreten neuer US-Sanktionen nach amtlichen Angaben am Sonntag landesweit Millionen Menschen zu Protesten gegen die USA auf die Straße gegangen.

Turkish October CPI expected to remain at 24.5 percent, poll shows

Nov 02 2018

ANKARA Turkish inflation is expected to remain at a 15-year peak of 24.5 percent in October, a Reuters poll indicated on Friday, as the effect of a sharp fall in the lira over the summer continues to hit consumer prices.

RPT-Turkish central bank seen leaving rates unchanged as lira rebounds

Oct 19 2018

ANKARA, Oct 19 Turkey's central bank is likely to keep interest rates on hold next week, a Reuters poll showed on Friday, after a mammoth rate hike last month and the release of a U.S. pastor appear to have underpinned the long-suffering lira.

Turkey to cut growth forecasts, sources say, in difficult balancing act with markets

Sep 19 2018

ANKARA Turkey will on Thursday cut its growth forecasts for this year and next amid a deep currency crisis, although the extent of next year's revision is still being debated by top government officials, sources said.

Turkish lira weakens as central bank meeting approaches

Sep 11 2018

ISTANBUL The Turkish lira weakened slightly on Tuesday as investors weighed up expectations for this week's central bank meeting, where the monetary policy committee is expected to raise interest rates.

Deputy governor leaves Turkey's central bank, lira falls

Aug 30 2018

ANKARA Turkish central bank deputy governor and ratesetter Erkan Kilimci is leaving the bank, three sources familiar with the matter told Reuters on Thursday, two weeks before the bank's monetary policy committee meets to address a slump in the lira.

UPDATE 3-Deputy governor leaves Turkey's central bank, lira falls

Aug 30 2018

ANKARA, Aug 30 Turkish central bank deputy governor and ratesetter Erkan Kilimci is leaving the bank, three sources familiar with the matter told Reuters on Thursday, two weeks before the bank's monetary policy committee meets to address a slump in the lira.

Turkish lira pulls back from record low, markets rattled

Aug 13 2018

ISTANBUL/ANKARA Turkey's lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity, but it remained under selling pressure and its meltdown caused further unease on global markets. | Video

Turkey's central bank to provide lira liquidity at 19.25 percent if needed - bankers

Aug 13 2018

ANKARA Turkey's central bank will meet banks' lira liquidity needs at a higher cost than its benchmark policy rate, four bankers with knowledge of the matter said on Monday -- a possible step towards tightening monetary policy using an interest rate corridor rather than a rate hike.

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