Tuesday, September 13 2011 , Your time is 15:58:00
The Turkish Lira and Turkish stocks began the day weak as markets returned from a five-day break for Eid al-Fitr,
NEW YORK - Agence France-Presse
Argentina was in default July 31 for the second time in 13 years after the failure of last ditch talks with US hedge funds it has branded 'vultures'
Turkey’s foreign trade deficit continued to contract in June, albeit at a slower-than-expected pace, due to a massive blow to Iraqi exports after an Islamic militant offensive.
LONDON - Agence France-Presse
Russia has been ordered to pay Yukos shareholders a record $50 billion in compensation over its seizure of the defunct oil giant, lawyers said on Monday, in a new blow on top of sanctions over the Ukraine crisis.
ANKARA - Reuters
Turkey’s Central Bank has signaled it will continue 'measured' reductions in interest rates, while preserving its year-end inflation forecast at 7.6 percent
There is a culture of household borrowing that was of unseen and unheard dimensions before 2003. Banks give a third of their credit to individuals
Monetary tightening works aim to control inflation and reduce currency rates, Turkish Central Bank Governor Erdem Başçı said
PARIS - Agence France-Presse
In a world still struggling to shake off the worst financial crisis for a generation, many economists are worrying that new asset bubbles are already threatening to derail the tepid global recovery.
Borsa Istanbul (BİST) has been hit by a technical glitch for the second time in two days, starting off the day with a 15-minute delay in the morning
Three prominent Turkish banks’ second-quarter financial outlooks reveal that problems in the sector remain, but the recent rise in rates has helped to ease some of their losses
MOSCOW - Agence France-Presse
Russia has designated Sochi's Olympic site and the annexed Crimean peninsula as gambling areas on Wednesday, in a bid that casino revenues will boost their development.
Russia's central bank unexpectedly raised its main interest rate by a half point to 8.0 percent on Friday, warning that geopolitical tensions were increasing inflationary risks.
Trading on Turkey’s main stock exchange Borsa Istanbul halted for around one hour shortly after it opened for the day, due to an undisclosed technical problem
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