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Bussiness

Turkey Considers Ending Ban on Short-Selling of Stocks

(Bloomberg) -- Turkish officials are discussing easing a ban on short-selling of equities in hopes of attracting more overseas capital, people familiar with the...
Bussiness

Turkey Central Bank’s Favored Inflation Data Sees Surprise Surge

(Bloomberg) -- Turkey’s annual inflation slowed less-than-expected by economists and the central bank’s preferred gauge surged last month, potentially delaying discussions on interest-rate cuts...
Bussiness

Turkey’s Simsek Pledges Fiscal Discipline in Goldman Meeting

(Bloomberg) -- Turkey’s Finance Minister Mehmet Simsek told investors at a meeting in New York that tight fiscal policy will play a decisive role...
World

Turkish Central Bank Moves to Drain Excess Lira Liquidity

(Bloomberg) -- Turkey’s central bank raised the amount commercial lenders need to set aside as reserves for short- and long-term lira deposits as part...
Bussiness

Turkey Seen Awaiting More Evidence Before Starting to Cut Rates

(Bloomberg) -- Turkey’s central bank will probably keep its main interest rate unchanged for a sixth straight month, as a lack of significant improvement...
Bussiness

Turkish Firms Face ‘Groundswell’ of Problems as 50% Rates Bite

(Bloomberg) -- Turkish companies are struggling under the weight of myriad challenges, hit by a combination of stubbornly high inflation, rising costs, dwindling access...
Bussiness

Prominent Businessman Says Turkey Inflation Policy Costly, Tough

(Bloomberg) -- A prominent businessman in Turkey sounded the alarm on the impact of the central bank’s tight monetary policy to control inflation, saying...

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