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Wednesday, May 12, 2021

Turkey: Inflation slips to 8.55% in October

ISTANBUL  Turkey saw an annual hike of 8.55% in consumer prices in October, official figures showed on Monday. The annual inflation went down 0.71 percentage points in October, down from 9.26%...

Turkey’s Borsa Istanbul up at Friday opening

BIST 100 index up 303.70 points from previous close

Oil stability needed for predictability: Turkey

ANKARA Oil price stability is needed for predictability in the global oil market, and volatility in oil prices must end immediately, Turkey's energy and natural resources minister said Saturday. "All actors'...

Turkey: March industrial production predicted to rise

ISTANBUL Turkey's unadjusted industrial production index was forecasted to rise by 2.8% for March, economists said on Tuesday. Eleven experts surveyed by Anadolu Agency projected an increase compared to the same...

Turkish Treasury borrows $818M through auctions

ANKARA The Turkish Treasury on Monday borrowed nearly 6 billion Turkish liras ($818 million) from domestic markets. Some 3.7 billion Turkish liras ($498 million) in four-year fixed coupon bonds (semiannually, re-open,...

Turkey: New company launches leap in November

ANKARA The number of newly established companies in Turkey jumped 12% year-on-year in November, the country's top trade body said on Friday. A Union of Chambers and Commodity Exchanges of Turkey...

IMF: Turkey's economic challenges could be solved domestically

ANKARA / BERLIN  Although Turkey’s vulnerabilities remain high, they can be solved domestically if the right policies are put in place, Donal McGettigan, the IMF's mission chief to Turkey has...

Turkish financial sector buys 85.05% of JCR Eurasia

ANKARA Turkey’s leading banking and financial institutions inked a deal to buy 85.05% of credit rating agency JCR Eurasia, Turkey’s banking association said on Friday. Borsa Istanbul will hold 18.5% of...

Turkey welcomes 4.24M foreign visitors in Q1

ISTANBUL  Turkey welcomed 4.24 million foreign visitors in the first quarter of 2020, the country’s Culture and Tourism Ministry said on Thursday. The number of foreigners visiting the country dropped by...

Turkey registers more than 41,000 vehicles in April

ANKARA In Turkey, a total of 40,171 first- and second-hand vehicles were registered in April, the country's statistics authority revealed Friday. April’s figure was down 26.1% year-on-year and it marked a...

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Turkey strongly condemns Israeli air raids on Gaza Strip

ANKARA Turkey on Tuesday strongly condemned Israel’s ongoing air strikes on the Gaza Strip, which have killed dozens of civilians, including children, in the besieged...

Turkey reiterates call on Israel to end attacks on Palestinians

ANKARA Turkey on Monday reiterated its call on Israel to end its violent attacks on Palestinians in Jerusalem amid recent Israeli police attacks on...

Anadolu Agency's Morning Briefing – May 10, 2021

ANKARA Anadolu Agency is here with a rundown of the latest developments on the coronavirus pandemic and other news in Turkey and around the world. Coronavirus...

Turkey reports just over 15,000 daily cases

ANKARA The downward trend in the number of daily cases in Turkey continued on Sunday as the country reported just over 15,000 new coronavirus cases,...

Turkey’s Erdogan issues message on Europe Day

ANKARA  Turkish President Recep Tayyip Erdogan on Sunday issued a message on the occasion of Europe Day, which "celebrates peace and unity in Europe" on...