Tuesday, September 13 2011 , Your time is 15:58:00
IMF chief Christine Lagarde announced on Aug. 27 she had been charged for "negligence" over a multi-million-euro corruption case relating to her time as French finance minister in 2008.
ISTANBUL - Reuters
Islamic lender Bank Asya’s deposits have plunged by 24.3 percent, 4.5 billion Turkish Liras, since the beginning of the year, the bank said
The Central Bank decided to maintain three main interest rates in its policy meeting on April 24, vowing to keep up a tight monetary policy despite government pressure for a cut.
China’s largest listed bank has agreed to pay 669 million Turkish Liras for GSD Holding’s 75.5-percent shares in Turkish lender Tekstilbank.
Deputy Prime Minister Ali Babacan has said the loan increase rates have begun to slow down to levels desired by the Turkish government.
LONDON - Reuters
Investors, who rushed to exit emerging markets after Fed announced its stimulus cut, have recently begun to shift their focus on emerging debts from high-yields to benefit from ‘cheaper’ prices
ANKARA / Hürriyet
A newly imposed regulation has resulted in millions of Turkish Liras in losses for citizens due to a drop in interest rates in the absence of competition
Higher interest rates and a weaker Turkish Lira have caused housing sales in Turkey to drop 6 percent in the first quarter
The Turkish capital markets watchdog has blocked the 1 billion Turkish Lira Islamic bond issuance of an Islamic lender, according to a newspaper report
Islamic lender Bank Asya has dismissed a report that claimed the bank’s Islamic bond issuance had been blocked by Turkey’s capital markets watchdog.
NEW YORK - Anadolu Agency
The President of Istanbul's Boğaziçi University, rang the closing bell of the NASDAQ Stock Market to honor the 150th anniversary of the founding of the school
The drop in interest rate revenue and other commercial losses have pushed state lender Halkbank’s profit down by over a quarter in the first three months of the year.
The head of Turkey’s sole stock exchange has drawn an analogy between the Turkish economy and the famous fable of the tortoise and the hare to underline a warning against the middle-income trap
Daily News - Follow us on