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Sunday, August 14, 2022

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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Turkish president, UN chief discuss ways to end crisis caused by Russia-Ukraine war

ANKARA The Turkish president and UN secretary-general on Monday spoke over phone and discussed initiatives aimed at resolving the ongoing crisis caused by the Russia-Ukraine...

Anadolu Agency's Morning Briefing – June 21, 2022

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Russia becomes China’s largest oil supplier

ANKARA Russia has surpassed Saudi Arabia to become China's largest oil supplier, as refiners bought up Russian crude oil offered at a huge discount...

EU, Egypt agree on partnership priorities until 2027

BRUSSELS The EU and Egypt have agreed on the partnership priorities guiding their relationship until 2027. The Association Council of the European Union and Egypt...

Syria's Tal Rifat surrounded with tunnels by YPG/PKK terrorists

TAL RIFAT, Syria / ANKARA The YPG/PKK terror group is using a sophisticated network of tunnels in the Tal Rifat district in northern Syria to...