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Turkey’s budget swings to $6.5 bln deficit in May as tax revenue falls

Turkey’s government budget posted a 298.2 billion lira ($6.5 billion) deficit in May, reversing a 235.2 billion lira surplus a year earlier as tax...

Turkish court releases 29 suspects under travel ban in poultry price-fixing probe

A Turkish court has ordered the release of 29 suspects under judicial supervision who were detained last Friday as part of an investigation into...

Australia stuns Turkey at World Cup as selection gamble pays off

Australia scored a stunning 2-0 upset over Turkey in their World Cup Group D opener on Saturday as coach Tony Popovic's bold selection gamble...

İstanbul conference calls for linking Kurdish peace effort to democratic reform

A two-day conference bringing together Kurdish politicians, rights advocates, academics and writers opened in İstanbul on Saturday with calls to link Turkey’s Kurdish peace...

Erdoğan’s party sparks backlash after Turkey team shares militarized World Cup promo

Turkey’s return to the World Cup after 24 years, a rare national sporting moment in a polarized country, has already become a political battleground...

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Turkey suspends BYD tax exemptions over stalled $1 billion factory plan: report

Turkey has suspended import tax exemptions for Chinese electric vehicle maker BYD over delays in a planned $1 billion factory investment and warned the company it may have to...

Iran war added at least 5 points to Turkey’s inflation outlook, finance minister says

Turkey’s year-end inflation would probably have been around 20 percent without the US and Israeli war with Iran, but the conflict’s effect on energy...

Turkey’s automotive exports fell 17 percent in May

Turkey’s automotive exports fell 17 percent year-on-year in May to $3.26 billion, although the industry remained the country’s largest exporting sector, Turkey's state-run Anadolu...

Turkey, Syria agree to allow Turkish banks to enter Syrian market

Turkey and Syria have agreed to allow Turkish banks to establish operations in Syria, with regulators drafting the rules needed to implement the plan,...

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