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Turkey wins appeal at World Trade Organization over US tariffs: minister

Turkey has won its first appeal at the World Trade Organization (WTO) against additional US tariffs imposed on steel imports, Trade Minister Ruhsar Pekcan...

Turkey’s unemployment rate rose to 11.4 percent in September

Turkish unemployment rose to 11.4 percent in September, the country’s statistics authority said on Monday, the Hürriyet Daily News reported. “The number of unemployed persons...

Fitch holds Turkey rating at BB, outlook negative

Ratings agency Fitch on Friday kept Turkey's credit rating at "BB" with a negative outlook. The Turkish economy is navigating out of a "sharp depreciation"...

846 Turkish firms have applied for debt restructuring to date: minister

Commerce Minister Ruhsar Pekcan has announced that applications from 846 Turkish companies for konkordato, a legal process for restructuring debt, have been accepted so...

Turkey’s central bank keeps interest rates unchanged

Turkey’s central bank left its benchmark interest rate unchanged on Thursday, as expected, easing investor concerns over an early loosening after inflation eased from...

Google announces ‘dollar’ ranked first among words searched by Turks in 2018

Popular search engine Google announced its annual national and global search statistics in which Turkey’s most searched word has been “dollar,” the Habertürk newspaper...

Turkey passes regulation to cut down on plastic bag usage

Turkey on Monday introduced a new regulation preventing shops from giving out free plastic bags with merchandise purchased. The draft bill was submitted to parliament...

Turkish economic growth fades to 1.6 pct in Q3 amid currency crisis

Turkish economic growth dwindled to 1.6 percent year-on-year in the third quarter, data showed on Monday, falling short of forecasts as a currency crisis...

Reuters poll expects 2.8 percent growth for Turkish economy at yearend

Turkey’s economic growth is expected to fall to 2.0 percent in the third quarter of the year and hit 2.8 percent for all of...

Turkey will hold tender for Kanal İstanbul next year: Erdoğan

Turkey will hold a tender for the construction of a 45-kilometer shipping canal running parallel to the Bosporus, President Recep Tayyip Erdoğan said on...

Turkey sticks with 5 pct target despite current inflation of more than 20 pct

Turkey’s central bank said on Wednesday it would stick with a 5 percent inflation target, a deeply ambitious goal after this year’s currency crisis...

Wife of Boydak holding executive sentenced to prison over Gülen links

A high criminal court in the Central Anatolian province of Kayseri on Tuesday handed down a prison sentence to the wife of an executive...

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