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TURKISH BANKS
Warsh Fed era heralds a new trial for Asian currenciesNew Federal Reserve chief Kevin Warsh's hawkish stance on inflation has surprised markets, signaling a stronger dollar. This poses a challe...
"They are not Japanese, predominantly Pakistani Muslim rape gangs": Rupert Lowe reignites UK Grooming Gang inquiry debateBritish MP Rupert Lowe has reignited debate over grooming gangs, challenging the term "Asian grooming gangs" and calling them "Pakistani Mu...
Palestinians call on Trump to stop Israeli annexationThe Palestinian ambassador to the UN, surrounded by his counterparts from Arab and Muslim countries, called on the United States on Thursda...
Peace deal hopes fade after Trump rejects 'garbage' Iran proposalHopes for an Iran peace deal have dimmed as President Trump stated a ceasefire is "on life support" following Tehran's rejection of a U.S. ...
Sensex jumps 639 pts, Nifty ends above 24,050 to snap 3-day losing run. What drove the rally?Indian markets surged on Monday, ending a losing streak. Investor sentiment improved following reports of Iran sending a peace proposal to ...
Iranian gunboats fire on tanker in Strait of Hormuz as Iran reimposes restrictionsThings are getting tense in the Strait of Hormuz! Shipping sources are reporting that merchant vessels have come under fire as they tried t...
How did Erdogan held onto power in Turkiye despite worse economy, hyperinflation?What is astonishing is how the majority of Turkish people elected Erdogan despite a worsening economy and now chronic hyperinflation that w...
Turkey's inflation dips to 84.39% for the first time after a span of 17 monthsThe domestic producer price index was up 0.74% month-on-month in November for an annual rise of 136.02%. Last month, the central bank wrapp...
US warns of sanctions against Turkey over Russia tiesWashington is becoming increasingly alarmed that the Russian government and businesses are using Turkey to evade Western financial and trad...
Turkey changes conditions for granting citizenshipForeigners who make a certain investment in the country, buy real estate or make a fixed capital investment could get Turkish citizenship, ...
Turkey stock rout triggers circuit breakers twice in an hourTrading of equities, equity derivatives and debt repo transactions were automatically halted twice within an hour after the Borsa Istanbul ...
Turkey offers to run Kabul airport after NATO's Afghan withdrawal: OfficialsA Turkish role securing the airport for international flights could help improve ties between Ankara and the West, sorely strained by Turke...
Turkey central bank raises benchmark rate to 24%; lira ralliesAgreements that are priced in or indexed to foreign currencies to be amended in 30 days
Turkey could be heading into balance-of-payments crisis: UBSAs preventable crises go, Turkey’s current episode is tough to eclipse
Choppy rupee brings a bonanza for speculatorsThe arbitrage has now widened to 10-18 paise in one-two-three month maturities.
There is no contagion effect of Turkish Lira fall on India rupee: Khoon Goh, ANZ"Indirect true sentiment and wider euro weakness is having an impact on Asian currencies."
How desperate are Turkish banks? Ask a saver if you can find oneLock your liras away for more than a year and you’ll get an 8.5 per cent return, but limit that to just up to three months and you’ll earn ...
- India may get its 1st foreign Islamic Bank in Bank Asya
Govt to consider Turkish bank’s application in 45 days.
- Obama calls Turkish PM over leaked cables
Turkey says President Barack Obama has called its prime minister to mend ties following the release on the WikiLeaks website of US diplomat...
- GMR team takes charge of Istanbul airport services
Turkish authorities have handed over operations of the terminals for cargo, ground handling services and refuelling facilities at Istanbul’...