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05:50, 27 March 2017 Monday
Economy

10:56, 23 March 2017 Thursday
Turkey's Borsa Istanbul up at opening

BIST 100 index opens 0.35 pct higher; US dollar/Turkish lira rate hovers around 3.61

10:14, 23 March 2017 Thursday
Canada joins China-backed AIIB

The United States and Japan -- the world's largest and third-largest economies, respectively -- have notably declined to join the bank.

17:17, 22 March 2017 Wednesday
US stock market opens mixed

Oil prices continue their decline

14:03, 22 March 2017 Wednesday
European stocks open down after Wall Street sell-off

London's benchmark FTSE 100 index dropped 0.6 percent to 7,336.30 points compared with Tuesday's close.

06:04, 22 March 2017 Wednesday
British inflation surges to 2 3

The 12-month inflation rate hit 2.3 percent last month compared with 1.8 percent in January, the Office for National Statistics (ONS) said in a statement.

05:03, 22 March 2017 Wednesday
Deutsche Bank soars as US closes currency probe

Gains for Deutsche shares topped 7.0 percent in the early afternoon, before slipping back to trade at 16.16 euros ($17.61) -- still up 5.33 percent -- just after 1400 GMT.

16:53, 20 March 2017 Monday
Turkey's next step Large wind tender

Today is 'day of revolution' for Turkey's energy sector with Monday's solar tender, says Turkish Minister

16:12, 20 March 2017 Monday
Swiss bank UBS to be tried in France over tax

UBS will be charged with illegal banking practices and dissimulating tax fraud, the sources said, adding UBS's French subsidiary will also go on trial for complicity.

10:32, 20 March 2017 Monday
World Bank announces 57 bln in financing for Africa

A fresh investment from the World Bank will see Africa receive $57 billion for investment

20:26, 17 March 2017 Friday
SWIFT cuts off last NKorea banks from global finance system

The move is significant as it means North Korea no longer has access SWIFT's global financial transfer system, further isolating the already heavily-sanctioned country.

16:59, 17 March 2017 Friday
Turkey to block leveraged FX trade via firms abroad

Government committed to barring Turkish citizens from trading via foreign exchange brokers, Deputy PM says

10:39, 17 March 2017 Friday
Turkey Over 5 550 startups launched in February

Almost 40 percent of foreign-partnered companies founded directly by Syrian nationals or Syrians in partnerships  

07:59, 17 March 2017 Friday
World Bank indirectly backs harmful SE Asian projects

World Bank's financial arm violated its own guidelines on environmental and social conditions, according to a new report

14:23, 16 March 2017 Thursday
Car sales growth in EU eases in February

Despite weak performance, reading close to February 2008 levels just before economic crisis, says top auto association

13:43, 16 March 2017 Thursday
Toyota investing 240 mn in Britain plant despite Brexit

The Japanese auto giant said the fresh funds, which will include £21.3 million from the UK government, would be used to update its Burnaston factory with new equipment and technology.

12:02, 16 March 2017 Thursday
Lufthansa cautious for year ahead after boost in 2016

The Frankfurt-based firm reported net profit of 1.78 billion euros ($1.9 billion) for last year in a statement, a 4.6-percent increase on 2015's figure and in line with its own and analysts' expectations.

11:41, 16 March 2017 Thursday
Iceland booming but no crash in sight central banker says

The North Atlantic island posted spectacular growth of 7.2 percent in 2016, one of the strongest rates in the world, on the back of a tourism boom. Wages are rising, as are investments, and real estate projects are flourishing. 

11:03, 16 March 2017 Thursday
Australia invests billions in hydro plant to stem energy crisis

The expansion of the Snowy Mountains Scheme in New South Wales state could provide electricity to 500,000 homes, which Prime Minister Malcolm Turnbull described as an "electricity game-changer".  



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