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CHP politician says Turkey late in taking economic measures against coronavirus

CHP politician says Turkey late in taking economic measures against coronavirus

Faik Öztrak, the vice chair of Turkey’s main opposition Republican People’s Party (CHP), said the country was late in taking…
Turkish shops to close after Erdoğan promises economic support: report

Turkish shops to close after Erdoğan promises economic support: report

Turkish clothing retailers said on Thursday they were shutting stores and that shopping centers were set to close due to…
Turks begin panic buying in several cities after first COVID-19 case

Turks begin panic buying in several cities after first COVID-19 case

After the Turkish health minister announced the first case of novel coronavirus yesterday, Turks reportedly began inundating supermarkets in several…
Turkish airline Atlasglobal suspending operations: report

Turkish airline Atlasglobal suspending operations: report

Turkish airline Atlasglobal has decided to suspend operations and told its staff not to come to work on Thursday, Reuters…
Turkey’s industrial output climbed 8.6 percent in December: report

Turkey’s industrial output climbed 8.6 percent in December: report

Turkish industrial production climbed 8.6 percent year-on-year in December, official data showed on Thursday, exceeding forecasts in the fourth consecutive…
Transfer of opposition party shares in Turkey’s largest bank back on agenda: report

Transfer of opposition party shares in Turkey’s largest bank back on agenda: report

The proposed transfer of a 28 percent stake in Turkey’s largest listed lender İşbank from the main opposition party to…
Turkey’s ruling party proposes granting state-run Wealth Fund unlimited borrowing authority

Turkey’s ruling party proposes granting state-run Wealth Fund unlimited borrowing authority

Members of parliament from Turkey’s ruling Justice and Development Party (AKP) have submitted a bill exempting the country’s Wealth Fund…
Italy’s biggest bank cuts more of its stake in Turkey’s Yapı Kredi: report

Italy’s biggest bank cuts more of its stake in Turkey’s Yapı Kredi: report

UniCredit, Italy’s biggest bank by assets, took a further step on Wednesday in a strategy to streamline its structure, announcing…
Turkey’s manufacturing activity increases for first time in 22 months: report

Turkey’s manufacturing activity increases for first time in 22 months: report

Turkish manufacturing activity expanded for the first time in 22 months, a business survey showed on Monday, with new orders…
Turkey’s foreign trade deficit shrank 43.5 percent in 2019: report

Turkey’s foreign trade deficit shrank 43.5 percent in 2019: report

Turkey’s foreign trade deficit shrank by 43.5 percent in 2019 to $31.17 billion, down from $55.12 billion in 2018, the…
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