Category: Economy
Turkey’s unemployment rate rose to 14.0 percent in the July-September period from 13.9 percent a month earlier, official data showed on Friday, with youth unemployment hitting a record high of 27.4 percent as a recession ...
Ziraat Bank, Turkey’s largest state-owned lender, said net income in the third quarter dropped by 39 percent year-on-year, the Ahval news website reported on Wednesday. Profit declined to 1.03 billion lira ($179 million) from 1.69 ...
ANKARA (Reuters) – Turkish President Tayyip Erdogan said on Saturday that interest rates will continue to fall, after the central bank last month cut rates to 14%, and added he expected inflation to hit single ...
An elderly woman sells packets of tissues on the roadside in Istanbul, Turkey. Photographer: Kostas Tsironis/Bloomberg A family of four was found dead in southern Turkey in what appears to be the second collective suicide ...
Turkish inflation is in for a bumpy ride before interest-rate cuts might resume in earnest. After touching a multi-year low this month, prices are set to pick up again, a period of acceleration that ...
© Photographer: Krisztian Bocsi/Bloomberg The updated Volkswagen AG (VW) logo sits on an automobile during a preview event ahead of its world premiere at the VW Group night ahead at the IAA Frankfurt Motor Show in ...
Hakan Atilla (L) and Turkish Minister Berat Albayrak The European Bank for Reconstruction and Development (EBRD) is against Turkey’s appointment of a convicted banker as head of the stock exchange, saying it now has the ...
we start looking for profit opportunities elsewhere, the Turkish lira will come up soon. What’s happening with the TRY and is it fit for trading? During September and the beginning of October, the lira was ...
(Reuters) – Turkey’s unemployment rate rose to 13.9% in the June-Aug period, while the seasonally adjusted rate hit its highest on record, according to official data on Tuesday that suggested workers are feeling the pinch from a ...
The charges against Halkbank are linked to a previous case involving Reza Zarrab, a Turkish banker who was arrested in March for evading U.S. sanctions. Federal prosecutors in New York announced charges Tuesday against a ...
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