ISTANBUL (Reuters) – Turkey has reduced the range and the levels of fees and commissions that banks can charge clients, according to central bank and banking watchdog regulations announced on Monday. The measures will cut the various charges banks can charge f... More »
ANKARA (Reuters) – Turkey said on Monday it had deported two Islamic State militants — a German and an American — beginning a programme to repatriate fighters that has caused friction with its NATO allies since it launched an offensive in northern Syria. Allie... More »
ISTANBUL (Reuters) – The Turkish economy contracted a sharper than expected 3.0 percent in the fourth quarter of 2018, its worse performance in nearly a decade, in the clearest sign yet that last year’s currency crisis is tipping it into recession. Turkey, a m... More »
ISTANBUL (Reuters) – Turkey’s Tayyip Erdogan said he plans to take greater control of the economy after presidential elections next month and the central bank will have to take note of what the president says and act accordingly. His comments helped pushed the... More »
The Federal Reserve Building stands in Washington April 3, 2012. REUTERS/Joshua Roberts/File Photo Clues on future U.S. policy under Donald Trump rather than economic data are likely to dominate minds and markets in the week ahead, given a U.S. interest rate h... More »
ANKARA The Turkish economy will not suffer permanently from Friday’s failed coup attempt despite a short-lived, downward impact on growth, Deputy Prime Minister Mehmet Simsek said on Monday. Simsek said Turkey’s macroeconomic fundamentals were solid and the go... More »
