James Ker-Lindsay, Senior Research Fellow at the London School of Economics and Political Science is skeptical that Turkey will ever join the European Union.» Read More
ISTANBUL, Sept 27- NATO member Turkey has chosen a Chinese defence firm hit by U.S. sanctions to co-produce a $4 billion long-range air and missile defence system, rejecting rival bids from Russian, U.S. and European firms.
ISTANBUL, Sept 26- Turkey will close the Izmit Bay, a main industrial region, to all shipping traffic on Friday due to work on a bridge project, the GAC shipping agency said on Thursday. GAC said the Transportation Ministry announced the closure, to take place between 10 a.m. and 5 p.m., on Wednesday.
It could take up to a year before South Korea completes the next round of its fighter competition, but Lockheed has set its sights on additional orders from Norway, Britain and Turkey before year's end. And Singapore may announce an initial order of one dozen F-35 jets or more at the Singapore air show in February.
ANKARA, Sept 19- Turkey will get only brief relief from the surprise postponement of a reduction in U.S. monetary stimulus and must press ahead with plans to rebalance its economy, Finance Minister Mehmet Simsek said on Thursday.
LONDON, Sept 19- World shares and global bond prices surged on Thursday and the dollar fell after the U.S. From London to Tokyo, Istanbul to Jakarta investors celebrated the prospect of continued stimulus in the world's largest economy, even though the reasons behind it were concerns about the strength of U.S. recovery.
LONDON, Sept 19- World shares and global bond prices surged on Thursday and the dollar tumbled after the U.S. From London to Tokyo, Istanbul to Jakarta investors celebrated the prospect of continued stimulus in the world's largest economy, even though the reasons behind it were concerns about the strength of U.S. recovery.
*Syria, Egypt policy leave Erdogan isolated in Middle East. Finding himself in what one adviser calls "worthy solitude", Erdogan risks alienating some important Gulf investors in Turkey as well as weakening his diplomatic clout with international powers and Egypt's new military-backed rulers.
"You have seen the rupee depreciate so you will see companies struggle from a debt servicing perspective," said Ani Deshmukh, director of Asia credit research at Bank of America/Merrill Lynch.
BRUSSELS, Sept 16- Poor harvests and international sanctions have damaged Syria's ability to fund food imports and could sharply increase the number of people requiring food aid, the head of the U.N.' s World Food Programme said on Monday.
SYDNEY/ KUALA LUMPUR, Sept 15- Islamic pensions are making inroads in several majority-Muslim countries, and their success may help the growth of asset management industries across much of Asia and the Middle East.
LONDON, Sept 15- From his 23rd floor office of Citi's Canary Wharf tower, Tom Bolland can see the old European HQ of Lehman Brothers, where five years ago hundreds of his former colleagues were abruptly turfed out onto the street carrying their belongings in boxes.
ISTANBUL, Sept 13- The Syrian opposition coalition will appoint a provisional prime minister on Saturday to raise its international credibility as high-stakes diplomacy plays out between Washington and Moscow to resolve Syria's two and a half year civil war, National Coalition officials said.
LONDON, Sept 13- British designers kicked off the London leg of the fashion calendar's womenswear season on Friday with a call to celebrate London as a global "fashion destination" on a par with Paris, Milan and New York.
NEW YORK, Sept 11- Investors bracing for the U.S. Markets like Brazil and India, which must import capital to finance spending, will feel the squeeze. They haven't had to try very hard to attract it, "said Morgan Stanley strategist James Lord."
ISTANBUL, Sept 10- Turkey's economy expanded more than expected in the second quarter, with strong domestic demand offsetting a huge trade shortfall, but ministers said 2013 growth would be below the government's official 4 percent target.
*Italy jewellers see mixed demand in emerging markets. VICENZA, Italy, Sept 9- Export-focused Italian jewellers are seeing sporadic signs of recovery in key foreign sales, offsetting deep-rooted weak demand at home, industry officials at a major trade fair said.
But while Prime Minister Shinzo Abe's bold gamble to throw himself into the Tokyo bid paid off handsomely, his claims to have the problems of the crippled Fukushima nuclear reactor under control ran into fresh resistance.
*China set to report fresh signs of stabilisation. China generates more than a third of global growth and is the biggest export market for Australia, Japan, Indonesia and South Korea among others. "China is part of the story because it gave them a more conducive growth environment, but they have their own issues independent of China," she said.
*Obama sticks to position despite Russia, China objections. President Barack Obama resisted pressure on Friday to abandon plans for air strikes against Syria and enlisted the support of 10 fellow leaders for a "strong" response to a chemical weapons attack.
ARBIL, Iraq/ LONDON, Sept 6- Baghdad and foreign oil companies at work in Iraq's giant oilfields are adopting extra security measures in anticipation of retaliatory attacks if the United States strikes neighbouring Syria, industry sources said on Friday.