Erdogan opens former church to Muslim worshippers ISTANBUL: Turkey on Monday reopened a mosque converted from an ancient Orthodox church in Istanbul for Muslim... Published 07 May, 2024 07:59am
World 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