IMF revises down global economic growth estimates

Fund cuts global growth forecasts for both 2016 and 2017 by 0.2 percentage pointsANKARA - The International Monetary Fund (IMF) downgraded its forecasts...

Turkey: GDP growth at 4 pct in 3rd quarter

Growth rate rises from 3.8 percent in second quarter, beats analyst estimates of 2.7 percentANKARA - Turkey's economy grew at the rate of...

Tusk cancels full EU summit on Greek crisis

Only eurozone leaders will meet to discuss Greek bailout proposals following Sunday's eurogroup finance ministers' meetingANKARA – European Council President Donald Tusk has...

Turkish watchdog to revise Islamic banking regulations

Head of Banking Regulation and Supervision Agency says there is need to change rules governing 'participation banks'ANKARA - The head of Turkey’s banking watchdog...

Istanbul Gold Exchange down

Istanbul Gold Exchange index loses 1.21 percent in value on Thursday Sept. 3, 2015ISTANBUL - The Istanbul Gold Exchange index lost 1.21 percent in value on Thursday Sept. 3, 2015, with gold trading at...

Borsa Istanbul exceeds 85,000 at close of session

BIST-100 index goes up at the close of the daily session Tuesday, May 12, 2015. ISTANBUL - Borsa Istanbul's BIST-100 index was up at the close of...
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Borsa Istanbul down at opening of second session

- BIST-100 index lower at opening of second session on Tuesday, April 14, 2015.ISTANBUL - Borsa Istanbul's BIST-100 index was down at the opening of...

Istanbul Gold Exchange up

Istanbul Gold Exchange index gains in value on Thursday, Aug. 20, 2015ISTANBUL - The Istanbul Gold Exchange index gained in value on Thursday, Aug. 20, 2015, with gold trading at 108,400...

Syrians lead in Turkish start-ups since 2013

Over 3,000 new companies started in Turkey since 2013 were owned by SyriansANKARA – Syrians started up over 33 percent of the total foreign-investor...

US's Kerry says 'tough issues remain' in nuclear talks

Negotiations will not be rushed, secretary of state says in ViennaANKARA - Talks over Iran’s nuclear program remain on track but  "tough issues remain...

UK employment holds at high level in second quarter

Unemployment rate at 5.6 percent in April-to-June period, down from 6.3 percent for the same period in the previous yearANKARA – U.K. employment...

Global markets eye U.S. employment data

Federal Reserve is closely observing employment data as it considers its next interest rate decisionANKARA - Global markets on Wednesday were focused on...

Islamic Bank loans $270m for Turkish exporters

Loans are to finance Turkish exporting companies and are guaranteed by the TreasuryANKARA – The Islamic Development Bank (IsDB) has agreed to loan $270 million...

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