Turkish deputy PM: Effect of Fed rate hike overrated

Turkish Deputy Prime Minister Cevdet Yilmaz says Fed decision will hit markets, but effect should not be overratedNEW YORK - The Turkish Deputy...

3 workers killed in Pakistan power project blast

– Gas explosion collapses tunnel at hydroelectric power project in Pakistan-held Kashmir By Aamir Latif KARACHI, Pakistan – A blast at a power project in Pakistan-held...

Istanbul Gold Exchange up

Istanbul Gold Exchange index gains in value on Friday, Dec. 25, 2015ISTANBUL - The Istanbul Gold Exchange index gained in value on Friday,  Dec. 25, 2015, with gold trading at 100,800...

Ethiopia feeling pinch of illicit financial outflows

-State creates new intelligence unit after reports that $26 billion left country in 10 years By Tesfa Mogessie ADDIS ABABA, Ethiopia - Alarmed by increasing illicit...

Banks have to Release Financial Information for Uber Users

The Australian Taxation Office, concerned excessively numerous drivers are working two jobs with ride-sharing organizations and not paying what's coming to them of expense,...

Turkey’s Isbank secures $1.4 billion loan

The loan is to be used for financing of corporates’ foreign trade operations. ISTANBUL - Turkey’s Isbank has secured a syndicated loan worth approximately $1.4 billion, according...

Foreign Exchange Rates

Buying and selling rates of the USD, the Euro and the British Pound in Istanbul and Ankara on Wednesday, May 6, 2015. ISTANBUL - The buying...

Turkey runs current account surplus in September

Only second time since 2009 that Turkey has had a current account surplusANKARA - Turkey ran a current account surplus of $95 million in September, down...
Breaking News

Turkey ready to unveil first artificial-island airport

Multi-million dollar Ordu-Giresun Airport, located off Turkey’s Black Sea coast, to open in May. ORDU, Turkey – Turkey is preparing to open its 52nd airport...

Istanbul hosts global energy forum

- Sixth World Forum on Energy Regulation, sponsored by Anadolu Agency, gets underway Monday. ANKARA - The World Forum on Energy Regulation, sponsored by Anadolu...

Turkey: Better credit terms for education, furniture

Turkish banking watchdog is planning to increase the number of credit card installments for education, furniture and white goodsANKARA - Consumers in Turkey...

Afghanistan economy weak and vulnerable: Economists

New study shows 150,000 killed in Afghanistan and Pakistan since war began in 2001 By Andrew Jay Rosenbaum ANKARA – More than a year of political...

Air Berlin Files For Bankruptcy, Flights To Continue

Air Berlin, Germany's second-largest airline has filed for bankruptcy, following the withdrawal of financial support from its main stakeholder Etihad. The airline, which has accrued...

US stock market opens higher with rising production

Industrial and manufacturing production in the U.S. increased in January, beating market expectationsNEW YORK – The U.S. stock market opened higher on Wednesday...

UPDATE – Akkuyu nuke plant in Turkey to be decided by firms: Putin

Akkuyu nuclear power plant and Turkish Stream gas pipeline projects were referred to by Russian President PutinUPDATES WITH MORE REMARKS FROM PUTINANKARA -...

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