Turkey

Turkish President Tayyip Erdogan said on Saturday he hoped that volatile foreign-exchange and inflation rates would stabilise shortly and he again promised low interest rates, after a historic plunge in ...

Turkey’s annual inflation jumped more than expected to a three-year high of 21.31 per cent in November, data showed on Friday, further exposing the risks of recent aggressive rate cuts ...

Turkish President Tayyip Erdogan appointed a strong supporter of his low interest rate drive as minister of treasury and finance on Thursday, replacing the last top official seen to favour ...

Turkish factory activity grew in November, with new export orders and output rising, while a sharp increase in costs pushed output price rises to their fastest pace on record amid ...

Turkey’s lira dipped to 13 to the dollar on Tuesday, resuming a slide towards last week’s record low as strong economic growth data failed to alleviate concerns about a ...

Turkish President Tayyip Erdogan has ordered an investigation into possible currency manipulation after the lira fell sharply to record lows against the dollar this week, the Anadolu news agency reported ...

By Ali Kucukgocmen A Turkish court ruled on Friday that philanthropist Osman Kavala must stay in prison, extending his four-year detention without conviction in a trial which has further strained ...

The lira’s plunge has propelled Turkey’s exporter-dominated stock market to its best month in 12 years, but for foreign investors, who have just started dipping their toes in again, ...

Metin Gurcan, a founder of the Turkish opposition Democracy and Progress Party (DEVA), said on Friday he had been detained over “political espionage” and that police were raiding his house. ...

Turkey’s lira nosedived more than 15 per cent on Tuesday after President Tayyip Erdogan defended recent rate cuts and vowed to win his “economic war of independence”, despite widespread criticism ...

Turks attempting to buy iPhones and other electronics received online error messages on Wednesday, including from Apple Inc’s local website, after a historic 15% plunge in the lira the day ...

Turkish opposition leaders called for immediate early elections on Thursday after the lira plunged 6 per cent to new lows following the central bank’s decision to cut interest rates amid ...

Turkey’s central bank slashed its policy rate by 100 basis points to 15 per cent on Thursday and hinted at more easing despite inflation running near 20 per cent, accelerating a spiral ...

Turkey on Thursday freed an Israeli couple who had been arrested for photographing President Tayyip Erdogan’s residence in Istanbul and accused of spying, an allegation denied by Israel. The ...

Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed al-Nahyan, the UAE’s de facto ruler, will visit Turkey for the first time in years as the regional rivals work to ...

The wife of prominent jailed Turkish opposition figure Selahattin Demirtas has been sentenced to 2-1/2 years in jail after being found to have provided inaccurate information over a date in ...

Turkey banned Syrian, Yemeni and Iraqi citizens from flights to Minsk on Friday, potentially closing off one of the main routes that the EU says Belarus has used to fly ...

Turkey will let home fans attend matches up to full capacity as long as they provide proof of coronavirus vaccination or have previously contracted the virus, the Turkish Football Federation (...

Turkey’s economy is expected to record double-digit growth in 2021, President Tayyip Erdogan said on Thursday, higher than a previous government forecast of 9 per cent. “Even though international institutions say 9 ...

Syrian rebels say they are standing by to join a new offensive threatened by Turkey against Kurdish YPG fighters in northern Syria, as Ankara eyes another campaign against a group ...

Turkey’s annual inflation rate rose to its highest in more than 2-1/2 years in October, data showed on Wednesday, as the central bank, under political pressure to provide more ...

Turkey was forced on Wednesday to tweet out evidence that President Tayyip Erdogan was still alive after rumours hit social media earlier in the day that he had died, causing ...

Retail prices in Turkey’s largest city Istanbul rose 3.29 per cent month-on-month in October for an annual increase of 20.76 per cent, the Istanbul Chamber of Commerce (ITO) said on Monday. ...

Turkey’s President Tayyip Erdogan has cancelled plans to attend the COP26 climate conference after Britain failed to meet Ankara’s demands on security arrangements, two Turkish officials told Reuters ...