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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...

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...

Turkey Shelves Plans to Tax Gains From Stocks and Crypto Market

(Bloomberg) -- Turkey is not considering an additional tax package for this year, Vice President Cevdet Yilmaz said, ruling out a levy on profits...

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...

OPINION: Pager attack in Lebanon was terrorism. And Americans helped pay for it.

The pager and walkie-talkie attacks in Lebanon will inevitably cause more Americans to wonder if we should be such strong supporters of a nation...

Generali sells its insurance business in Turkey

Generali has sold its 99.99% stake in Generali Sigorta, its Turkish subsidiary. The new shareholding includes Arex Yatýrým Holding (48%),...

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...

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