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Turkey

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  • *Parliamentary speaker says election will be on June 3. BEIRUT, April 21- Syria set a presidential election for June 3 on Monday, preparing the ground for leader Bashar al-Assad to defy widespread opposition and extend his grip on power days after he said the war was turning in his favour.

  • ANKARA, April 18- Turkey will seek a discount in the price of gas it buys from Russia in talks with the deputy head of state-controlled Gazprom next week when he visits Ankara, Turkey's energy minister said on Friday.

  • April 16- The world economy can expect steady growth at best over the coming year, but any rapid slowdown in China as it tries to rebalance its economy could upset the still-unsteady progress, Reuters polls showed.

  • ISTANBUL, April 16- Russia's controversial South Stream pipeline, which would transport gas via the Black Sea into Europe towards the end of the decade, received support from Turkey on Wednesday when Ankara said it may let the conduit pass through its territory.

  • ISTANBUL, April 16- Turkey would consider allowing the South Stream pipeline, which will carry natural gas from Russia to Europe, to pass through Turkish territory if Moscow made such a request, Energy Minister Taner Yildiz said on Wednesday.

  • ISTANBUL, April 15- An annual meeting of Turkey's central bank on Thursday will be closely watched for signs that Prime Minister Tayyip Erdogan's government, strongly opposed to high interest rates, is trying to boost its influence over monetary policy.

  • LONDON, April 15- Ukraine's hryvnia jumped from recent record lows on Tuesday after a 300- basis-point interest rate rise but ratcheting tensions with neighbouring Russia kept up pressure on regional as well as broader emerging markets.

  • *Twitter executives in talks in Ankara. *Official says Twitter earns $35 million in Turkey. ISTANBUL, April 14- Turkey urged executives from Twitter to open an office and start paying Turkish tax on Monday in the first direct talks since a two-week ban imposed on the site as the government battled a corruption scandal.

  • *Israel in talks with Egypt, Turkey on major gas export deals. MILAN/ LONDON, April 14- Israel's drive to export its new-found natural gas could help to rebuild strained ties with old regional allies Egypt and Turkey, but could deprive Europe of a precious alternative to Russian gas.

  • ISTANBUL, April 11- Turkish assets fell on Friday after Moody's cut its sovereign rating outlook to negative, citing political turbulence, external financing pressure and weaker growth prospects. Turkey is sensitive to global liquidity conditions as it has relied on cheap foreign capital to finance the gap.

  • LONDON- Global equities slip to a two-week low, with an escalating selloff on Wall Street led by technology and biotech shares on concerns of stretched valuations spreading to Asia and Europe. Co-op Bank confident of raising funds to secure future.

  • At "Donkey Springs", bombers choke off Iraq oil exports Thursday, 10 Apr 2014 | 12:03 PM ET

    MOSUL/ BAGHDAD, April 10- Militants whose bombs have shut Iraq's main northern oil export pipeline for 40 days are preventing repairs, threatening to extend an outage that is already the longest since the days of sanctions in the 1990 s.

  • WASHINGTON/ PARIS, April 4- Boeing Co, the world's biggest airplane maker, and engine maker General Electric Co said on Friday they had received licenses from the U.S. Treasury Department to export certain spare parts for commercial aircraft to Iran under a temporary sanctions relief deal that began in January.

  • WASHINGTON, April 4- General Electric Co on Friday said it had received permission from the U.S. government to overhaul 18 engines sold to Iran in the late 1970 s under a temporary sanctions relief deal reached in January. He said GE officials would meet with officials from Iran flag carrier Iranair and MTU in Istanbul next week to discuss Iran's needs.

  • *March CPI up 1.13 pct versus 0.88 pct forecast. ANKARA/ LONDON April 3- Turkey's central bank said its current tight monetary policy was sufficient to tackle inflation, even though consumer prices rose more than expected in March, and inflation would start to ease from June to approach its 5 percent target by mid-2015.

  • Emerging market ETFs are on a tear—here's why Wednesday, 2 Apr 2014 | 12:19 PM ET
    The stock exchange in Istanbul.

    Emerging markets roared like a lion in March, and they've continued their surge into April.

  • *Turkey and EU bound by mutual interests despite tensions. BRUSSELS, March 31- Sunday's resounding victory by the ruling AK Party in Turkey's local elections, undiminished by what some call an authoritarian turn by Prime Minister Tayyip Erdogan, is likely to put already cool relations between Ankara and Brussels in the chiller.

  • Fadi Hakura, turkey analyst at Chatham House, says Turkey's prime minister Recep Tayyip Erdogan is using his victory in the local election as a way to show support for his leadership and crush opposition parties.

  • Is Turkey's Erdogan a 'victim of events'?     Friday, 28 Mar 2014 | 12:45 PM ET

    Adrian Wooldridge, management editor at The Economist, says Turkey's prime minister is increasingly pushing for an autocratic style but says he is also "a victim of events to some extent."

  • LONDON, March 28- Emerging market stocks were set for their biggest weekly rise in nine months on Friday as calm in Crimea and reports that China would fast track infrastructure spending helped repair some of the damage of a turbulent few months.

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