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Monday, February 17, 2020

Turkey: Banking sector net profit at $6.4B in Jan-Sept

ANKARA The net profit of Turkey's banking sector totaled 36.2 billion Turkish liras ($6.4 billion) in January-September, the country's banking watchdog said Wednesday. The figure was down 12.5% on an annual...

Turkey: Economic confidence rises to 89.8 in October

ANKARA  Turkey's economic confidence index rose to 89.8 in October, official data revealed on Wednesday. The figure surged 4.5% from 86 in September, the Turkish Statistical Authority (TurkStat) said.

Passenger traffic at Istanbul Airport surpasses 40M

ANKARA The Istanbul Airport welcomed over 40 million air passengers since its opening last year, Turkey's transport and infrastructure minister said Monday. A total of 252,795 flights (63,856 domestic and 188,939...

Turkey's Borsa Istanbul down at weekly close

Turkey's benchmark stock index closed the week at 100,215.95 points on Friday, down 0.13% versus Thursday's close. Borsa Istanbul's BIST 100 index started the day at 100,272.11 points. As of...

Turkey's exports to Balkans nearly hit $10B

ISTANBUL  Turkey saw a total of $9.8 billion export to Balkans in the first nine months of 2019, a 3.7% increase compared to the same period last year, according to...

Turkey: Central Bank reserves in Sept. total $101.1B

ANKARA The official reserves of the Central Bank of the Republic of Turkey (CBRT) totaled $101.1 billion in September. The CBRT data showed on Friday that total reserve assets in September...

Turkish economy back to normalization after US, Russia deal

ANKARA For a long time, Turkey has been exposed to problems due to an eight-year civil war in Syria and fighting terrorism, putting additional pressures on its economy. But for...

Turkey: Manufacturing capacity utilization up in October

ANKARA  Turkey's manufacturing industry capacity utilization rate (CUR) marginally improved on a monthly basis in October, the Central Bank said Friday. Local units operating in manufacturing industry used 76.4% capacity this...

Turkey: Sectoral confidence up in October

ANKARA  Sectoral confidence in Turkey rose for services, retail trade, and construction in October compared to last month, the country's statistical authority reported on Friday. "Seasonally adjusted confidence index which was...

Turkey's Borsa Istanbul flat at Friday opening

ANKARA Turkey's benchmark stock index decreased by 0.07%, or 73.54 points, to start the last transaction day of the week at 100,272.11 points. On Thursday, Borsa Istanbul's BIST 100 index rose...

Latest article

Turkey won't allow ‘Deal of Century’ to threaten peace: President

ISTANBUL Turkey will never allow the peace in the region to be disrupted by the U.S.’ so-called “Deal of Century” Mideast peace plan, said Turkey’s...

French fisheries banned from northern sea post Brexit

PARIS Brexit left a wake -- both literally and figuratively -- on European states, most particularly France where fisherman suffered a temporary ban in waters...

3 crucial weeks for Turkish Super Lig title contenders

ISTANBUL Ahead are three vitals weeks in Turkey’s top-tier football league as the title contenders will face each other in February. Top seven teams will face...

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