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Saturday, July 6, 2024

Banking Sector Posts $6 Billion Profit in First Eight Months

Turkey’s banking sector’s net profit totaled 38 billion Turkish Liras ($5.94 billion) this January-August, the Banking Regulation and Supervision Agency (BDDK) has...

Fitch Downgrades 20 Turkish Banks

Credit rating agency Fitch has downgraded the “long-term foreign-currency issuer default ratings” of 20 Turkish banks and viability ratings of 12 banks,...

Turkish automotive market shrinks in first nine months

Turkey’s car and light commercial vehicle sales between January and September fell 26.12 percent compared to the same period in 2017, the...

417 suspects sought in money laundering probe

Turkish prosecutors ordered the detention of 417 suspects in a money laundering investigation into the transfer of about 2.5 billion Turkish Liras...

Germany’s Siemens may invest in Turkey for imaging device: President Erdoğan

The German giant Siemens may start producing diagnostic imaging device in Turkey, President Recep Tayyip Erdoğan has said after his meetings with...

Turkish defense giant ASELSAN succeeds in torpedo marine tests

Turkey’s leading defense company ASELSAN has completed its test for the prototype of an anti-torpedo torpedo, a countermeasure system, successfully, according to...

ABD’de kişisel harcamalar 6 ayın en yavaş artışını kaydetti

ABD'de kişisel harcamalar Ağustos'ta 6 ayın en yavaş artışını kaydetti. Bu durum ekonominin en büyük kısmını oluşturan tüketici harcamalarında soğumaya işaret etti.

“Avrupa’nın 7 bankası İran ile özel mali kanalı kabul etti”

İran Dışişleri Bakanı Muhammed Cevad Zarif, Avrupa'nın 7 merkez bankasının İran ile özel mali kanal oluşturulması ve bunun daha sonra kurumsal bir...

Turkey’s foreign trade deficit down 59 pct due to shrinking imports, exports

Turkey’s foreign trade deficit saw an annual fall of 59 percent in August, the country’s statistical authority announced on Sept. 28.

Turkish stocks close at 4-month high, lira gains ground

BIST 100 index climbs nearly 1,150 points from previous close; US dollar/Turkish lira rate falls below 6.00 Turkey's benchmark...

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