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Turkey’s Competition Board launches new investigation into Google: report

Turkey's Competition Board said on Monday it has launched a new investigation into Alphabet Inc., Google LLC and Turkish Google's advertising unit to determine...

Russia’s VTB to launch cross-border transfers with India, Turkey: report

Russia's No. 2 lender, VTB (VTBR.MM), on Thursday said it would increase the number of countries to which retail clients can send money from...

ErdoÄŸan hints at interest rate hike after election victory

Turkish President Recep Tayyip ErdoÄŸan signaled Wednesday that he would let his new economic team hike interest rates to combat inflation and stabilize the...

Turkey’s Baykar signs $367 million contract with Kuwait for drone purchase

Turkish drone manufacturer Baykar Technology has announced that it has signed a $367 million contract with the Kuwaiti government for the purchase of Bayraktar...

Turkey’s unemployment rate rises to 10.2 percent in April

Turkey's unemployment rate edged up 0.1 points month-on-month to 10.2 percent in April, official data showed on Monday, while a seasonally adjusted measure of...

JPMorgan expects Turkey’s central bank to raise interest rates to 25 percent

JPMorgan said on Monday it expects Turkey’s central bank to hike interest rates to 25 percent from the current 8.5 percent at its June...

Turkish central bank’s new governor accused of violating laws, misleading customers in US

Hafize Gaye Erkan, a former Wall Street executive who has been appointed the new governor of Turkey's central bank by President Recep Tayyip ErdoÄŸan,...

Former Wall Street executive named head of Turkey’s central bank

Turkey's newly re-elected President Recep Tayyip ErdoÄŸan on Friday appointed former Wall Street executive Hafize Gaye Erkan as central bank governor, signaling a possible...

Turkey state banks return to lira’s defense after sharp drop: report

Turkish state lenders began supporting the lira again following the currency’s biggest drop in more than a year on Wednesday, Bloomberg reported. The currency steadied...

Turkish lira down 7 percent in biggest selloff since 2021 crisis

Turkey's lira plunged 7 percent to a record low on Wednesday in its biggest daily selloff since a historic 2021 crash, as the newly...

Turkish Airlines to soon finalize plans on order for 600 new planes

The chairman of Turkish Airlines said Monday that the company will make a final decision on plans for a record-breaking order for 600 aircraft...

Turkish economy to return to ‘rational ground’, new finance minister ÅžimÅŸek says

Turkey's newly appointed Finance Minister Mehmet ÅžimÅŸek said on Sunday that the country has no choice but to return to "rational ground" to ensure...

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