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Ezgi Erkoyun

Chinese firms seek Turkish partners in Africa: Turkish contractors' chief

16 May 2019

ISTANBUL Chinese firms are eyeing partnerships with Turkish construction firms in Africa and are also looking to take stakes in Turkish companies, the head of the Turkish Contractors Association said.

Istanbul residents change holiday plans to vote in election re-run

08 May 2019

ISTANBUL Istanbul residents are cancelling holiday bookings for the weekend of June 23 to ensure they can take part in a re-run of the city's mayoral election that has laid bare Turkey's deep political divisions and raised concerns about its democracy.

UPDATE 3-Turkey's central bank says hikes possible, plays down reserve concerns

30 Apr 2019

ISTANBUL, April 30 Turkish Central Bank Governor Murat Cetinkaya said on Tuesday interest rate hikes remained an option if inflation unexpectedly jumps, and he defended the bank's stable of reserves against concerns that have grown as the lira tumbled in recent weeks.

Erdogan's AK Party calls for rerun of Istanbul elections

16 Apr 2019

ISTANBUL/ANKARA Turkish President Tayyip Erdogan's AK Party formally requested on Tuesday an annulment and rerun of Istanbul's municipal elections over what it said were irregularities, prompting the main opposition to accuse it of damaging democracy.

UPDATE 4-Turkish lira rebounds but concern lingers after selloff

25 Mar 2019

* Central bank takes unorthodox steps to prop up lira (Recasts with broader financial market stress; adds comments from bank client and analyst; updates throughout)

Turkish lira tumbles in echoes of last year's meltdown

23 Mar 2019

ISTANBUL Turkey's lira plunged more than 4 percent against the U.S. dollar on Friday, its biggest one-day fall since a currency crisis took hold in August, raising concerns that Turks are buying more foreign cash as ties with Washington deteriorate.

UPDATE 5-Turkish lira tumbles in echoes of last year's meltdown

23 Mar 2019

* Turkish finance minister blames speculators (Adds finance minister's comments)

Turkey's economy tips into recession as lira crisis bites

11 Mar 2019

ISTANBUL Turkey's economy contracted a sharper than expected 3.0 percent in the fourth quarter of 2018, its worst performance in nearly a decade and a clear sign that last year's lira crisis has tipped it into recession.

UPDATE 2-Turkish cenbank keeps rates unchanged, says will keep tight policy

06 Mar 2019

ISTANBUL, March 6 Turkey's central bank left its benchmark interest rate unchanged on Wednesday as expected and said it will tighten monetary policy further if needed, soothing investor worries that it could loosen policy after inflation fell from a 15-year peak.

Turkey may expand cheap vegetable sales nationwide, Erdogan says

13 Feb 2019

ISTANBUL Turkey could expand a government scheme to sell cheap vegetables in Istanbul and Ankara across the country after local elections next month, President Tayyip Erdogan said on Wednesday, a move that economists said could prove financially unsustainable.

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