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Wednesday, April 8, 2020

Turkey's Borsa Istanbul down 1% on Monday opening

ANKARA Turkey's benchmark stock index was down 1.01%, or 1,151.64 points at 112,532.38 points on Monday. On Friday's close, Borsa Istanbul's BIST 100 index went down 1.94% to close at 113,684.01...

Total inflow to Turkish gas system down 6.33% in 2019

ANKARA Natural gas inflow to Turkey's gas network saw a year-on-year decrease of around 6.33% to 46.83 billion cubic meters (bcm) in 2019, according to data from the Turkish Petroleum...

Turkey's Borsa Istanbul down nearly 2% at close

ISTANBUL Turkey's benchmark stock index closed the day at 113,684.01 points on Friday, down 1.94% from the previous close. Borsa Istanbul's BIST 100 index started the day at 115,142.77 points. As...

Turkish cbank to get commission on FX required reserves

ISTANBUL The Central Bank of Turkish Republic (CBRT) will apply commission implementation on FX required reserves, according to informed sources. The CBRT decided to implement a commission on the required reserve...

Turkey sees $2.5B carpet export in 2019

GAZIANTEP, Turkey Turkey’s carpet export valued at $2.5 billion in 2019, up 11.9% year-on-year, a sector board of the Turkish Exporters’ Assembly said on Friday. "We aim to raise this figure...

'Fighting inflation to be Turkey's top agenda in 2020'

ANKARA Turkey will stabilize the inflation rate at single digits by improving competition in goods and services markets and enhancing production, the country's treasury and finance minister said Friday. "Fight against...

Turkish exports hit $180.46B in 2019

ANKARA Turkey’s exports amounted to $180.46 billion, up 2.04%, compared to last year, the country’s trade minister said on Friday. Ruhsar Pekcan said that, despite all the hurdles in 2019, Turkey...

Turkey: Annual inflation rate at 11.84% in December

ANKARA Turkey posted an 11.84% annual hike in consumer prices in December, the Turkish Statistical Institute (TurkStat) announced on Friday. The annual inflation rose 1.28 percentage points last month, up from...

Turkey's Borsa Istanbul down on Friday opening

ANKARA Turkey's benchmark stock index was down 0.68%, or 789.29 points at 115,142.77 points on Friday. On Thursday's close, Borsa Istanbul's BIST 100 index went up 1.32% to 115,932.05 points with...

Turkey's Antalya breaks tourism record in 2019

ANTALYA  Record-breaking foreign tourists flocked to the Mediterranean resort city of Antalya in 2019, its governor said Thursday. The figure surpassed 15 million for the year, Munir Karaloglu said. He said tourism...

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UK lorry driver pleads guilty to migrants’ manslaughter

LONDON  British lorry driver Maurice Robinson pleaded guilty on Wednesday to 39 counts of manslaughter, taking responsibility for the death of 39 Vietnamese migrants...

US: Sanders ends White House bid

WASHINGTON  U.S. Senator Bernie Sanders ended his presidential campaign Wednesday, making former Vice President Joe Biden the presumptive Democratic candidate for the party’s nomination...

Global trade to plunge up to 32% due to pandemic: WTO

GENEVA The World Trade Organization (WTO) Wednesday forecast up to 32% fall in the global trade this year as the coronavirus pandemic disrupts regular...

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