The brokerage also lowered its rating on Akbank, the biggest Turkish bank by market value, to “underweight” from “neutral,” saying the outlook for earnings is less positive.
India and Japan agreed to bolster security ties, including maritime cooperation on Aug. 20 after their defense ministers met in New Delhi.
Turkish-American Nobel laureate Daron Acemoğlu dismissed a critique in The Economist as a character assassination after the magazine questioned his intellectual legacy, sparking renewed debate over his institutional theories and skepticism toward technology.
Anderson Talisca converted a second-half penalty to guide Fenerbahçe into the UEFA Champions League playoff round with a 1-0 victory over Sturm Graz on Aug. 11 night, completing a 3-0 aggregate triumph.
