World Bulletin / News Desk
Turkey's energy minister has said the country would choose by the end of this year from among foreign bidders for the construction of a nuclear power plant on its Black Sea coast.
"We maintain our resolve over nuclear energy. And we will decide on the second nuclear power plant by the end of the year," Taner Yildiz told reporters during a meeting in Ankara on Monday with a group of Turkish students who would participate in a training program in nuclear engineering in Russia.
Turkey had already sealed an agreement with Russia for the construction of the country's first nuke plant in the Akkuyu reigon of the Mediterranean port city of Mersin.
Russia's state nuclear company Atomstroiexport is expected to begin in 2013 the construction of four nuclear reactors with a total capacity of 4,800 megawatts.
Possible partners for the second nuke plant includes South Korea, Japan and China.
BIST 100 index falls by over 2 percent at close, going down some 2,600 points from previous close
Policy rate, also known as one-week repo rate, remains same at 8 percent; lending rate rises 0.75 percent points
BIST 100 increases 0.29 percent; US dollar/Turkish lira exchange rate stands at 4.0850
Local units operating in manufacturing industry work at 77.3 pct capacity in April, says Central Bank
Public sector net borrowing falls by 3.5 billion pounds in 2017-18 financial year, says Office of National Statistics
Indices for service, retail trade, construction sectors fall in current month compared with March: Official data
Data monitoring company IHS Markit also flagged a slight slowdown in France, where strikes were interrupting a resurgent boom on the back of government reforms.
Treasury reports central government debt stock in March rises around 15 pct year-on-year, reaching nearly $235 billion
Sales to foreigners amounted to 1,827, 15.8 pct rise year-on-year, according to official report
BIST 100 slips 0.15 percent; US dollar/Turkish lira exchange rate stands at 4.0460
BIST 100 rises 0.01 percent; US dollar/Turkish lira exchange rate drops to 4.0250
Fresh hopes that Donald Trump and North Korea's leader Kim Jong Un will hold a historic summit within months also provided some much-needed optimism.
The fund cautioned that investors and financial markets expect a steady approach to monetary tightening based on the belief inflation will remain relatively tame.
Turkey's assets abroad go up 2.4 percent at end of February 2018, compared to end of 2017: Turkish Central Bank
BIST 100 decreases 0.12 percent; US dollar/Turkish lira exchange rate stands at 4.1020