World Bulletin / News Desk
Morgan Stanley dropped its expectation for Turkey's current account deficit in 2012 to 6.9 percent.
The expectation for 2013 was also decreased to 6.5 percent.
Morgan Stanley's prediction for Turkey's current account deficit in 2012 had been 7.5 percent, and it revised the expectation as 6.9 percent for 2012, and as 6.5 percent for 2013.
The company also stated that Turkey's credit rating could be increased, if the country pursued a sound fiscal performance and sustained a financial balance.
Morgan Stanley also predicted that Turkey's rate of inflation in June would decrease 0.4 percent when compared to May due to reducing oil prices and demands.
Morgan Stanley is a leading global financial services firm providing a wide range of investment banking, securities, investment management and wealth management services. The firm's employees serve clients worldwide including corporations, governments, institutions and individuals from more than 1,300 offices in 43 countries.
China's measured response and US indications of openness to talks suggest trade war avoidable, says Fitch Ratings
BIST 100 index starts day with over 1 percent fall; US dollar/Turkish lira rate climbs to 3.96
Liberality key for global economic growth, Mehmet Simsek tells 7th Uludag Economy Summit
Number of unemployed persons aged 15 years and over amounts to 3.45 million last year, says TurkStat
The ransomware assault shut down multiple internal and external applications for the city, including apps that people use to pay bills and access court-related information, Mayor Keisha Lance Bottoms told a news conference Thursday.
Turkish economy minister says relations between the two countries' private sectors should be developed
Employment growth remained solid however, according to the report by data monitoring company IHS Markit, with job creation seen in both the services and manufacturing sectors, even if at slower rate.
Highest growth forecast for 2017 economic growth was 7.9 pct, while lowest was 6.6 pct
BIST 100 rises 0.62 percent; US dollar/Turkish lira exchange rate decreases to 3.9130 compared to previous close
Prices post a daily gain of more than 3 percent, and reach their highest level since Feb. 2
The special tax is the latest measure by the 28-nation European Union to rein in Silicon Valley giants and could further embitter the bad-tempered trade row pitting the EU against US President Donald Trump.
Deputy Prime Minister Mehmet Simsek says Blockchain technology has 'positive aspects'
Social media giant loses $49 billion in value amid data leak while CEO Mark Zuckerberg loses nearly $7 billion in net worth
Amazon bests parent company of Google on the stock market for the first time ever with a market cap of $768 billion
BIST 100 rises 0.16 percent, US dollar/Turkish lira exchange rate stands at 3.9300
Property sales in February down 5.4pct year-on-year, according to official data