Turkey

President Tayyip Erdogan’s decision to allow more than 2 million Turkish workers to retire early is his latest measure to ease economic hardships in the run-up to tight elections, and ...

Turkish locals’ forex and gold holdings dropped $5.04 billion in the week to Dec 23 when adjusted for the parity effect to stand at $194.44 billion, data from the central bank showed on ...

Turkish President Tayyip Erdogan eliminated a retirement age requirement on Wednesday in a move that allows more than 2 million workers to retire immediately, less than six months before an election. ...

It has been a rough 12 months for emerging markets that have seen more governments stumble into default, currencies suffer and double-digit losses in stocks and bonds alike – though many investors ...

Turkish Airlines (THYAO.IS) carried just over 72 million passengers this year and sees that rising to more than 88 million next year, the chairman of the national carrier said, according to ...

The total volume of natural gas Turkey has discovered in the Black Sea now amounts to 710 billion cubic metres (bcm) after a new field was located and a previous find ...

Turkish locals’ forex and precious metal holdings dipped below $200 billion for the first time since May 2020 to stand at $199.34 billion as of Dec. 16, central bank data showed on Thursday. When ...

Turkey’s foreign minister said on Thursday that Sweden has not yet acted to extradite or freeze the assets of people that his country believes are linked to terrorism, even ...

Varosha will soon become one of the most beautiful and sophisticated tourist centres in the world, Justice and Development Party Deputy Chairman Numan Kurtulmus said on Monday. The Turkish politician ...

A top Turkish prosecutor requested that the Constitutional Court block the bank accounts belonging to the pro-Kurdish Peoples’ Democratic Party (HDP), broadcaster Haberturk reported on Monday, as part of a ...

Sweden’s Supreme Court on Monday said it had blocked the extradition of a Turkish man accused by Ankara of taking part in a coup attempt in 2016. The court said ...

The Turkish central bank’s net international reserves leapt some $3.6 billion to $26.76 billion in the week to Dec. 9, hitting their highest level this year, central bank data showed on Thursday. ...

Thousands of people rallied in Turkey to oppose the conviction and political ban of Istanbul Mayor Ekrem Imamoglu, chanting slogans criticising President Tayyip Erdogan and his ruling AK Party before ...

A court ordered the arrest of a journalist in southeast Turkey for allegedly spreading “disinformation”, his lawyer said on Thursday, marking the first pre-trial detention under a new law that ...

Anzhelika is one of many Russians who moved to the Turkish resort of Antalya after Russia’s invasion of Ukraine, but their arrival has driven up house prices and rents, ...

A Turkish court sentenced Istanbul Mayor Ekrem Imamoglu to jail on Wednesday and imposed a political ban on the opposition politician who is seen as a strong potential challenger to ...

Turkey raised the euro-lira conversion rate for medicine prices by 36.77 per cent, the country’s Official Gazette said on Wednesday. “First step for solution of medicine shortage in the market ...

Turkey’s President Tayyip Erdogan said on Monday it was “apparent” that inflation would fall to around 40 per cent in a few months, and further to 20 per cent in 2023. Turkey’...

Turkey’s BDDK banking watchdog has set the foreign currency net position to standard capital ratio for banks at a maximum 5 per cent according to a regulation published in the ...

Presidents Tayyip Erdogan of Turkey and Vladimir Putin of Russia discussed grain supplies and a potential regional gas hub in Turkey on Sunday, both countries said. Relations with NATO member ...

Oil prices ticked higher on Friday but both benchmarks were set for a weekly loss as worries over weak economic outlook in China, Europe and the United States weighed on ...

Turkey’s maritime authority said on Thursday it would continue to block the passage of oil tankers that don’t carry appropriate insurance letters, adding that insurance checks on ships ...

The Biden administration levied sanctions late on Thursday on prominent Turkish businessman Sitki Ayan and his network of firms, accusing him of acting as a facilitator for oil sales and ...

The trading arm of Azerbaijan’s state oil firm SOCAR has paused purchases of Russian crude oil for its Turkish refinery as the industry grapples with EU sanctions on shipping ...