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  • *Weakened AKP under attack over economy. ISTANBUL, May 25- Murat Dalga stands in a shop filled with everything but customers and swears he won't be voting for Turkey's ruling AK Party this time around. That has given the opposition a new line of attack and highlights the difficulties a weakened AKP will face after the June 7 polls, when it will need to bring in overdue...

  • ANKARA, Turkey— Turkish officials say an explosion at a cement factory in a town near Ankara has killed three employees. Mayor Lokman Erturk says two other workers were injured in the explosion and fire late Sunday at the factory in Kazan, 50 kilometers north of Ankara, the capital. Turkey has a poor workplace safety record across a range of industries.

  • *Weakened AKP under attack over economy. ISTANBUL, May 25- Murat Dalga stands in a shop filled with everything but customers and swears he won't be voting for Turkey's ruling AK Party this time around. That has given the opposition a new line of attack and highlights the difficulties a weakened AKP will face after the June 7 polls, when it will need to bring in overdue...

  • ANKARA, Turkey— Turkish officials say two construction workers are trapped under debris after a landslide at a dam construction site in northeast Turkey. Adil Sabanci, a regional hydraulic works official, told the state-run Anadolu Agency that two other workers were rescued Friday from the landslide at the Hamzadere Dam construction site in Ipsala, close to...

  • ANKARA, May 21- A Turkish parliamentary candidate tipped as a key member of the next government's economic team said on Thursday that Turkey could ill afford to loosen monetary or fiscal policy while the global economy remains fragile. Naci Agbal, who resigned as finance ministry undersecretary in February to run as a ruling AK Party candidate in the June 7...

  • DIARY- Emerging Markets Economic Events to June 1 Tuesday, 19 May 2015 | 8:02 PM ET

    ANKARA- Central bank of Turkey to hold monthly monetary policy committee meeting. PRAGUE- International Monetary Fund holds a press conference at the end of its annual mission to the Czech Republic- 1315 GMT. BRASILIA- International Monetary Fund head Christine Lagarde visits Brazil to participate in a central bank seminar about inflation targeting.

  • ISTANBUL, May 18- Turkish automaker Tofas halted production at its main factory on Monday, as a protest against working conditions intensified and threatened to embarrass President Tayyip Erdogan and the ruling AK Party weeks before a parliamentary election. Tofas, owned by Italy's Fiat and local conglomerate Koc Holding, said it had halted production until...

  • ISTANBUL, May 18- Turkish automaker Tofas halted production at its main factory on Monday, as a protest against working conditions intensified and threatened to embarrass President Tayyip Erdogan and the ruling AK Party weeks before a parliamentary election. On Friday it spread to the neighbouring Tofas plant. Tofas, owned by Italy's Fiat and local...

  • NICOSIA, Cyprus— Cyprus' rival leaders on Friday vowed to "work tirelessly" for a swift peace accord, a United Nations envoy said, after relaunching talks aimed at ending the small Mediterranean island nation's four decades of division. In an echo of previous attempts to forge a peace deal, Greek Cypriot President Nicos Anastasiades and the leader of the breakaway...

  • DIARY- Emerging Markets Economic Events to May 28 Thursday, 14 May 2015 | 8:02 PM ET

    Greek Prime Minister Alexis Tsipras, Finance Minister Yanis Varoufakis, Deputy Finance Minister Dimitris Mardas, Economy Minister George Stathakis, Chief Executive of the European Financial Stability Facility and Deputy Director at the European Department at International Monetary Fund Pul Thomsen are among keynote speakers. PRAGUE- The "History of...

  • Japan defense export hopes dimmed by latecomer status Wednesday, 13 May 2015 | 2:06 AM ET

    TOKYO— A year after Japan eased a longstanding ban on military exports, barely a trickle of deals has formed for its powerhouse manufacturers who are reckoning with latecomer status in a crowded global industry. Partly in response to China's rising military assertiveness, Japan last year loosened restrictions on technology transfers and sales of military...

  • DIARY- Emerging Markets Economic Events to May 26 Tuesday, 12 May 2015 | 8:02 PM ET

    LONDON- Brazilian Finance Minister Joaquin Levy visits the United Kingdom and holds a press conference- 1645 GMT. SARAJEVO- Sarajevo Business Forum 2015. WASHINGTON- European Central Bank President Mario Draghi will give the Michel Camdessus Central Banking Lecture at the IMF- 0800 GMT.

  • Vandals attack selfie-taking Ottoman prince statue Tuesday, 12 May 2015 | 9:12 AM ET

    ISTANBUL— A statue erected in a Turkish city of an Ottoman prince taking a selfie with a cellphone has met swift and violent criticism. The mayor's office in Amasya, an hour south of the Black Sea coast, saidpolice have been ordered to guard the disarmed prince. "It is certainly very beautiful," the Hurriyet Daily News newspaper quoted Dilek Tuna, a visitor from the...

  • May 7, ISTANBUL- Canada risks getting left behind in a 12- nation Pacific trade deal because it has been reluctant to negotiate opening its markets, U.S. Vilsack also told Reuters that longstanding disagreements with Japan over rice exports would not threaten the Trans-Pacific Partnership and that the United States and Japan were working toward a compromise.

  • May 7, ISTANBUL- Canada risks getting left behind in a 12- nation Pacific trade deal because it has been reluctant to negotiate on opening its markets, U.S. Vilsack also told Reuters that longstanding disagreements with Japan over rice exports would not threaten the Trans-Pacific Partnership and that the two countries were working toward a compromise.

  • UNITED NATIONS, May 5- Washington wants to be certain that any nuclear deal between Iran and major powers includes the possibility of restoring U.N. sanctions if Tehran breaks the agreement without risking Russian and Chinese vetoes, a senior U.S. official said on Tuesday. United Nations sanctions and a future mechanism for Iran to buy atomic technology are two...

  • UNITED NATIONS, May 5- Iran and world powers are struggling to overcome deep divisions on two core sticking points in talks on a possible nuclear deal: reimposing U.N. sanctions if the Iranians violate the agreement and how Tehran can buy atomic technology, envoys said. The negotiations between Iran, the United States, Britain, France, Germany, Russia, China and the...

  • *Selling retail business in Turkey a priority- sources. ISTANBUL, April 30- HSBC faces a tough task selling its loss-making retail arm in Turkey, where it has been hamstrung by tough competition and faces a decline in both economic growth and investor confidence. Chief Executive Stuart Gulliver said in February HSBC's four problem businesses-- Brazil, Mexico,...

  • DIARY- Emerging Markets Economic Events to May 11 Monday, 27 Apr 2015 | 2:32 PM ET

    SINGAPORE- Monetary Authority of Singapore releases its macroeconomic review- 0400 GMT. SEOUL- Bank of Korea will release minutes from its April policy rate meeting- 0700 GMT. BUCHAREST- National bank of Romania Governor Mugur Isarescu to attend financial seminar.

  • DIARY- Emerging Markets Economic Events to May 7 Friday, 24 Apr 2015 | 8:02 PM ET

    SINGAPORE- Monetary Authority of Singapore releases its macroeconomic review- 0400 GMT. SEOUL- Bank of Korea will release minutes from its April policy rate meeting- 0700 GMT. BUCHAREST- National bank of Romania Governor Mugur Isarescu to attend financial seminar.