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Ali Kucukgocmen

Turkey raises stir as philanthropist re-arrested after acquittal

2:30am IST

ISTANBUL Turkey's judiciary drew international criticism on Wednesday after a prominent businessman was re-arrested over charges related to a failed 2016 military coup, hours after being acquitted over his alleged role in landmark protests in 2013.

Turkey issues fresh detention request after surprise acquittal in protest trial

19 Feb 2020

SILIVRI, Turkey Prosecutors on Tuesday demanded the re-arrest of Turkish businessman Osman Kavala in connection with the failed 2016 coup, hours after he was acquitted over his alleged role in the Gezi Park protests of 2013, a document seen by Reuters showed.

Turkish court acquits novelist accused of Kurdish militant ties

14 Feb 2020

ISTANBUL An Istanbul court acquitted novelist Asli Erdogan on Friday of charges of belonging to a terrorist group, in one of a series of cases that have fuelled concern among European Union states and rights groups about a deterioration of media freedom in Turkey.

Turkish court acquits novelist accused of Kurdish militant ties

14 Feb 2020

ISTANBUL, Feb 14 An Istanbul court acquitted novelist Asli Erdogan on Friday of charges of terrorist group membership, in one of a series cases which have fuelled concern among European Union states and rights groups about a deterioration in media freedom in Turkey.

Turkish lira weakens on concern over Syria conflict

11 Feb 2020

ISTANBUL The Turkish lira weakened some 0.6% against the dollar on Tuesday as investors grew increasingly concerned about an escalation of violence between Syrian government forces and Turkish forces in northwest Syria.

UPDATE 2-Turkish lira weakens on concern over Syria conflict

11 Feb 2020

ISTANBUL, Feb 11 The Turkish lira weakened some 0.6% against the dollar on Tuesday as investors grew increasingly concerned about an escalation of violence between Syrian government forces and Turkish forces in northwest Syria.

Turkish court keeps businessman jailed after lawyers walk out

28 Jan 2020

SILIVRI Defense lawyers walked out of a Turkish courtroom on Tuesday in protest against judges in the case of businessman and philanthropist Osman Kavala, who was again remanded as a trial continued over his involvement in 2013 protests.

Turkish central bank slows easing with modest interest rate cut

16 Jan 2020

ISTANBUL Turkey's central bank cut its key interest rate by 75 basis points to 11.25% on Thursday, in its most restrained move since it began easing in July, suggesting any further stimulus would be modest as the economy leaves a recession behind.

Close call as Turkey set to cut rates a bit more: Reuters poll

13 Jan 2020

ISTANBUL Economists are split between those predicting Turkey's central bank will cut rates this week and those who see no change at all, a Reuters poll showed on Monday, suggesting an aggressive easing cycle could be drawing to a close.

Factbox: Erdogan pushes 'crazy' Istanbul canal dream despite opposition

27 Dec 2019

ISTANBUL President Tayyip Erdogan has revived plans to dig a canal on the edge of Istanbul despite opposition from hundreds of petitioners and the city's new mayor against the kind of mega project that has come to define Turkey's economic boom and bust.

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