The lira slipped for a third day as the euphoria surrounding last week’s rate hike fades and attention turns to the challenges Turkey’s economy faces. The...
Turkey’s economic outlook has deteriorated so much that bankers and traders are starting to talk about the need for an International Monetary Fund...
Turkish markets are plunging deeper into the wild.Unprecedented sanctions imposed by the U.S., its NATO ally, have added to the crosscurrents buffeting...
The lira rebounded from a record low as some investors judged its losses excessive, while Turkey’s bonds and stocks slid for the third day on concern...
Turkish bonds tumbled, pushing 10-year yields to a record high, after President Recep Tayyip Erdogan tightened his grip over the central bank and appointed...
The Turkish economy is overheating. That could be a problem for President Recep Tayyip Erdogan as much as it is for the nation’s creditors.The lira is...
Anders Faergemann, a money manager at PineBridge Investments, which oversees more than $80 billion in assets, calls it the best potential boost for Turkey’s...
The Turkish lira corporate bond market is in the doldrums and the nation’s largest independent fund manager says the government needs to step in to get it...
ISTANBUL: With two weeks to go before a referendum that could remodel Turkey’s political landscape, the central bank has pushed interest rates to the upper...
ISTANBUL: The Turkish lira’s losses deepened Thursday, with the currency falling to record lows against the dollar and euro. The lira dropped through 3.5 per...
LONDON: The lira’s short-lived rebound after a surprise interest-rate increase sent Turkish policymakers a message: A lot more will be needed to arrest the...
Turkey’s lira is on the cusp of losing the backing of one of its most loyal groups of investors: the people. The country’s citizens and businesses swooped in...
ISTANBUL: The rally that made the lira one of the biggest winners of the hunt for higher-yielding assets is coming up against a domestic hurdle: Turks are...
ANKARA: Turkish policymakers are stepping up their support for commercial banks to help them cope with any impact on lending from last month’s failed military...
ISTANBUL: Turkey’s aviation stocks fell after coordinated terror attacks at one of Europe’s busiest airports threatened to deal another blow to the nation’s...
ISTANBUL: There’s a specter haunting stock traders in Istanbul that some are calling “the dude.” A mystery investor who first appeared a year and a half ago...
ISTANBUL: Qatar stocks saw the the greatest increase in the world as investors speculated Monday’s sell-off was overdone. The QE Index closed 4.4 percent...
ISTANBUL: The lira weakened a fourth day as Russia ratcheted up pressure on Turkey for shooting down one of its jets and traders weighed a change in wording...
ISTANBUL: Turkey’s lira surged with stocks and bonds after the political party President Recep Recep Tayyip Erdogan co- founded swept back into office in the...
ISTANBUL: Turkey’s lira weakened to an all-time low, while stocks and bonds tumbled, as the country headed toward its second parliamentary elections in a year...
ISTANBUL: The lira fell the most in emerging markets and bonds slid after a second possible terrorist incident in three days added to a list of reasons to...
The slumping Turkish lira is complicating calculations of central bank Governor Erdem Basci as he confronts mounting political pressure to speed up the pace...