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Turkish president assigns ‘hawk’ to governor position

The Central Bank of the Republic of Turkey (CBRT) has been left in an uncertain state after the governor, Hafize Gaye Erkan, announced her...

Erdogan Assings Fatih Karahan Central Bank Governor

Recently, a significant announcement emerged from Ankara, the capital of Turkey. This involved a critical developmental progression within the nation's financial nucleus. President Recep...

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Turkish president assigns ‘hawk’ to governor position

The Central Bank of the Republic of Turkey (CBRT) has been left in an uncertain state after the governor, Hafize Gaye Erkan, announced her...

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Turkish president assigns ‘hawk’ to governor position

The Central Bank of the Republic of Turkey (CBRT) has been left in an uncertain state after the governor, Hafize Gaye Erkan, announced her...

Fatih Karahan Appointed as Central Bank Governor of Turkey

Late on Friday night, a surprising announcement was made: Governor of Turkey’s Central Bank, Hafize Gaye Erkan, resigned. Erkan's unexpected decision shook many considering...

Erdogan Assings Fatih Karahan Central Bank Governor

Recently, a significant announcement emerged from Ankara, the capital of Turkey. This involved a critical developmental progression within the nation's financial nucleus. President Recep...

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JPMorgan places four Turkish banks on negative watch

JPMorgan reported that they are approaching the start of the fourth quarter earnings season, which will begin on January 29th, with caution and have...

International Funding of €1bn Secured for Turkey’s High-Speed Rail

The construction of the 140km line between Yerkoy and Kayseri in Turkey aims to connect to an existing line, providing travel access to the...

Turkey Raises Interest Rate to 45 percent as Inflation Approaches 65%

Turkey's central bank hiked its key interest rate by another 250 basis points to 45% on Thursday.The hike to the benchmark one-week repo rate...

Productive artificial intelligence will shape the business world

According to KPMG's "Future of Work" report, 62% of employees say that investment in talent development is influential in their decision to join, leave,...

Former Turkish Central Bank Employee Accuses Governor’s Father of Targeting Additional Staff

A former employee of the Turkish Central Bank has reiterated allegations that Governor Hafize Gaye Erkan's father played a direct role in her termination...

Back to Employment Program in earthquake-stricken area

The Kahramanmaraş-centered Back to Employment Program will be implemented in provinces affected by earthquakes by the end of the year in order to train...

Moody’s revises credit ratings and outlooks of 7 Turkish companies

International credit rating agency Moody’s upgraded the credit ratings of 5 Turkish companies while making updates to the outlook of 2 companies.You can read...

Iraq-Turkey oil pipeline restart delayed by payment disputes

The northern-Iraq-to-Turkey pipeline was shut down in March 2023, following an arbitration court order for Turkey to pay Iraq US$1.5 billion in compensation. This...

Turkish astronaut’s space journey begins

Turkey's first astronaut Alper Gezeravcı included in the SpaceX spacecraft launch from Kennedy Space Center in FloridaThe spacecraft belonging to SpaceX, which includes Turkey's...

Payments received by Hunter Biden from oligarchs published

Representative James Comer, Chairman of the US House of Representatives Oversight and Accountability Committee, shared bank records showing that Hunter Biden, the son of...

Treasury borrows 14.9 billion TL in 4-year TLREF bonds

The Ministry of Treasury and Finance has raised 14.9 billion TL through pre-auction sales in a 4-year term TLREF-indexed bond issuance.You can read more...

Toyota partners with Pony.ai to enter the robotaxi business in China

Toyota, the Japanese automotive giant, has partnered with Pony.ai, one of China's leading autonomous driving technology companies, to provide robotaxi services in China. Under...