Erdogan and Abbas to discuss delivering aid to Gaza, Turkiye source says ANKARA: President Tayyip Erdogan is set to discuss Turkiye efforts to deliver humanitarian aid to Gaza with... Published 04 Mar, 2024 03:15pm
Business & Finance Turkiye central bank net reserves drop some $6bn last week ISTANBUL: The Turkiye Central Bank’s net reserves slid around $6 billion last week to $23.5 billion, four bankers’... Published 23 Jan, 2024 12:32pm
Business & Finance Turkiye central bank ready to take action if needed ANKARA: Turkiye central bank Governor Hafize Gaye Erkan said at an investor meeting late last week that the bank is... Published 15 Jan, 2024 10:14am
Markets Turkiye lira hits 30 vs dollar milestone after years-long slide ISTANBUL: The Turkiye lira hit a new record low beyond 30 to the dollar on Thursday after losing more than a third... Published 11 Jan, 2024 02:08pm
World Three months in, deaths mount and diplomats vie to stop Gaza war's spread OCCUPIED JERUSALEM/AMMAN: Top international diplomats discussed strategies for keeping the Gaza war from spreading... Updated 07 Jan, 2024 10:02pm
Markets Turkiye lira hits record low 29 versus dollar ISTANBUL: Turkiye lira touched a new all-time low of 29 to the dollar on Monday and it is down 35% so far this year... Published 11 Dec, 2023 01:09pm
Business & Finance Turkiye central bank total reserves hit record high of $140bn ISTANBUL: The Turkiye central bank’s total reserves rose $3.5-3.8 billion last week to a record level exceeding $140... Published 05 Dec, 2023 12:25pm
Business & Finance Turkiye’s central bank total reserves hit record high $136.5bn ANKARA: The Turkiye’s central bank total reserves rose $2 billion last week to a record level of $136.5 billion,... Published 28 Nov, 2023 01:08pm
World Arab and Muslim leaders demand immediate end to Gaza war RIYADH: Saudi Arabia and other Muslim countries called on Saturday for an immediate end to military operations in... Published 12 Nov, 2023 11:15am
Business & Finance Turkey’s inflation to fall to 44% just before Erdogan faces voters ISTANBUL: Turkish annual inflation is seen slowing to 44% in April, just before landmark elections in which living... Published 03 May, 2023 10:19am
Markets Turkiye central bank takes fresh measures to support de-dollarisation ISTANBUL: The Turkish central bank took fresh steps on Friday in line with its goals to boost de-dollarisation and... Updated 07 Apr, 2023 02:35pm
Markets Turkiye’s lira flat after overnight tumble to record low of 19.8 vs dollar ANKARA: Turkiye’s lira, which is prone to sharp swings before regular trading hours, was flat early on Friday, after... Published 10 Mar, 2023 10:14am
World Earthquake death toll in Turkiye rises above 45,000 ISTANBUL: The death toll in Turkiye from last month's devastating earthquake has risen to 45,089, the Disaster and... Published 01 Mar, 2023 11:17am
Business & Finance Turkey’s C/A deficit seen at $3.15bn in August, year-end forecast jumps to $55.5bn Turkey’s current account is seen recording a deficit of $3.15 billion in August, a Reuters poll showed on Wednesday,... Published 11 Oct, 2022 11:03am
World Erdogan targets joining Shanghai Cooperation Organisation ISTANBUL: President Tayyip Erdogan said he was targeting membership of the Shanghai Cooperation Organisation (SCO)... Published 18 Sep, 2022 06:05am
Business & Finance Turkey’s C/A deficit seen at $3.60bn in July, more than $46bn in 2022 ISTANBUL: Turkey’s current account is expected to record a deficit of $3.60 billion in July and end the year with a... Published 12 Sep, 2022 12:14pm
World MBS, Erdogan meet in Turkey with ‘full normalisation’ in sights ANKARA: Saudi Crown Prince Mohammed bin Salman arrived in Turkey for the first time in years on Wednesday for talks... Published 23 Jun, 2022 08:22am
Markets Turkey’s recurring currency nightmare strikes again LONDON: Another 9% plunge in Turkey’s lira this month and debt market danger gauges at levels last seen during the... Published 30 May, 2022 12:51pm
Markets Turkish parliament to debate finance sector corporate tax rise ANKARA: The Turkish parliament will start debating a draft law this week under which the corporate tax imposed on... Published 28 Mar, 2022 12:07pm
Markets Turkey hikes gas price for power production; reduces tax on electricity ANKARA: Turkey's state energy company BOTAS said on Tuesday the price of natural gas used for electricity production... Published 01 Mar, 2022 12:35pm
World Turkey's opposition leader looks to emerge from Erdogan's shadow ANKARA: A veteran Turkish political leader who has struggled for years to have President Tayyip Erdogan voted out of... Published 21 Feb, 2022 10:30am
Markets Turkish central bank halts easing after currency crisis ISTANBUL: Turkey's central bank held its policy rate steady at 14% on Thursday, as expected, halting an easing cycle... Published 20 Jan, 2022 04:33pm
Business & Finance Turkish cenbank to halt easing after stirring a crisis ISTANBUL: Turkey’s central bank is expected to hold its policy rate steady at 14%, a Reuters poll showed, halting... Published 17 Jan, 2022 07:06am
World Erdogan vows to tame Turkish inflation as scepticism grows ANKARA: President Tayyip Erdogan promised on Wednesday to tame Turkey's surging inflation, which hit 36% last month,... Updated 12 Jan, 2022 07:05pm
Markets Turkish lira dips, business group chief questions policy ISTANBUL: Turkey's lira slipped as much as 1.7% on Thursday, and has shed some 22% in the last nine trading ... Published 06 Jan, 2022 02:57pm
Business & Finance Volatile Turkish lira seesaws after inflation surges ISTANBUL: Turkey’s lira briefly rallied as much as 3% on Monday afternoon, reversing an early plunge and ... Published 04 Jan, 2022 06:54am
Business & Finance Lira logs worst year in two decades under Erdogan ANKARA: Turkey’s lira has logged its worst year since President Tayyip Erdogan came to power nearly two decades... Published 03 Jan, 2022 06:42am
Markets Turkey hikes energy prices; Istanbul monthly inflation highest in decade ISTANBUL: Inflation soared by the most in at least a decade in Turkey’s biggest city Istanbul last month, ... Published 02 Jan, 2022 05:05am
Business & Finance Turkish lira holds ground ISTANBUL: Turkey’s lira was flat on Thursday after a historic slide to record lows this week that was triggered by... Published 26 Nov, 2021 05:15am
Markets Asian FX resilient against strong dollar, stocks jittery Currencies in Asia's emerging markets were broadly subdued on Wednesday, as regional assets remained resilient, even... Published 24 Nov, 2021 09:30am
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
In historic visit, Iran President Raisi says decision made to increase bilateral trade five-fold to $10bn