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Wednesday, July 28, 2021

European Central Bank keeps rates unchanged

ANKARA The European Central Bank (ECB) on Thursday decided to keep interest rates stable, complying with the market expectations. Interest rates on main refinancing operations, marginal lending and deposit facility are...

Turkey's Borsa Istanbul looking up at open

ANKARA  Turkey's benchmark stock index started the last day of the week at 99,201.12 points, up 0.82%, or 802.32 points. On Thursday, Borsa Istanbul's BIST 100 index dropped 0.18% to close...

Turkey exempts Euroclear, Clearstream from trade limit

ISTANBUL Turkey’s banking watchdog on Wednesday gave exemptions to two foreign institutions -- Euroclear Bank and Clearstream Banking -- from its new limit on banks’ lira transactions with foreign institutions. On...

Oil up as market eyes OPEC for extended production cut

ANKARA Oil prices were up on Tuesday as the global oil market awaits the meeting this week between the Organization of Petroleum Exporting Countries (OPEC) and its allies to further...

WTO: Saudi Arabia promotes pirate sports broadcaster

ANKARA The World Trade Organization (WTO) ruled Tuesday that Saudi Arabia promoted pirate sports broadcaster beoutQ in its dispute with Qatar's beIN Sports. "Qatar has established that Saudi Arabia has not...

Turkey's Borsa Istanbul up at opening session

ISTANBUL  Turkey's benchmark stock index started the day at 119,348.84 points on Thursday, up 0.54%, or 636.33 points. At Wednesday's close, Borsa Istanbul's BIST 100 index was down 0.52% at 118,712.51...

SunExpress beefing up German flights to Turkish resorts

ANKARA  With tourists flocking to several popular Turkish coastal resorts again, Turkish-German joint venture SunExpress is adding capacity to ferry German holidaymakers. The Turkish-German carrier is offering a 15% capacity rise...

Working from home may wipe £480B off UK economy: Study

LONDON A new study released Sunday found that if British workers do not return to their offices, £480 billion ($641 billion) could be wiped off the UK economy, while a...

SpaceX to launch Turkish satellite by year-end

ANKARA  SpaceX will launch the fourth Turkish satellite to orbit by the end of this year, an official said Tuesday. Ali Taha Koc, head of the country's Presidential Digital Transformation Office,...

Trump admin extends TikTok sale deadline to Dec. 4

ANKARA The administration of US President Donald Trump extended the sale deadline of Chinese video-sharing app TikTok to Dec. 4.  The Treasury Department said in a statement that the Committee on...

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Turkish Central Bank reserves rise to $97.7B in June

ANKARA  The Turkish Central Bank announced on Wednesday that its official reserves amounted to $97.7 billion as of the end of June. Total reserve assets increased...

Anadolu Agency's Morning Briefing – July 28, 2021

ANKARA Anadolu Agency is here with a rundown of the latest developments in Turkey, around the world and the coronavirus pandemic. - Developments in Turkey,...

Tunisian president dismisses some top state officials

Tunisian President Kais Saied dismissed some top state officials Tuesday, according to a state bulletin. The bulletin included the president’s latest decisions on the dismissal...

Turkish foreign minister expresses support to Tunisian people following coup attempt

ANKARA The Turkish foreign minister expressed Tuesday Turkey's support to the Tunisian people following Sunday’s coup attempt. Mevlut Cavusoglu held a phone conversation with his Tunisian...

Turkey condemns EU’s stance on partial opening of Northern Cyprus’ ‘ghost town’

ANKARA Turkey on Tuesday dismissed remarks made by EU foreign policy chief Josep Borrell on the partial reopening of the Maras region in the Turkish...