Hiroshi Miyoshi, Mitsubishi CEO for Turkey and Central Asia, describes Turkey's appeal to Japanese firms, who invested $500 million in the emerging market last year.» Read More
*Teenager's death sparks unrest in cities across Turkey. *Tens of thousands gather for funeral in Istanbul. Police fired water cannon, tear gas and rubber pellets on a major Istanbul avenue to stop tens of thousands of people chanting anti-government slogans from reaching the central Taksim square.
*Teenager's death sparks unrest in cities across Turkey. *Tens of thousands gather for funeral in Istanbul. ISTANBUL, March 12- Tens of thousands of mourners, many chanting anti-government slogans, gathered in central Istanbul on Wednesday for the funeral of a teenager wounded in street protests last summer whose death has sparked renewed unrest across Turkey.
Turkey's lira fell to its weakest level in five weeks on Wednesday after protests broke out across the country.
Weekend data showed China's exports unexpectedly tumbled in February, with a near-20 percent year-on-year dip swinging the trade balance into deficit.
Anthony Skinner, director and head of MENA at Maplecroft, says there are ongoing tensions between Turkey and the European Union, meaning Turkey won't join the bloc within the next 10 years.
*Crimea parliament votes to join Russia, referendum March 16. SIMFEROPOL, Ukraine, March 6- Crimea's parliament voted to join Russia on Thursday and its Moscow- backed government set a referendum within 10 days on the decision in a dramatic escalation of the crisis over the Ukrainian Black Sea peninsula.
*Divided EU to warn, not sanction Russia at summit. *Moscow says OSCE, NATO efforts not helpful. BRUSSELS/ MOSCOW, March 6- European Union leaders were set to warn but not sanction Russia on Thursday over its military intervention in Ukraine after Moscow rebuffed Western diplomatic efforts to persuade it to pull forces in Crimea back to their bases.
*NATO to cut back on cooperation with Russia. PARIS/ KIEV, March 5- High-level diplomatic efforts to resolve the crisis in Ukraine made little apparent headway at talks in Paris on Wednesday with Moscow and Washington at odds and Russia's foreign minister refusing to recognise his Ukrainian counterpart.
As the turmoil in Ukraine continues, analysts have flagged Turkey as another country to watch.
Reuters correspondent Tom Bergin, says Turkey has a lot of country-specific problems that cannot be blamed on tapering by the U.S. Federal Reserve.
LONDON, Feb 28- Russia's rouble stayed near five-year lows to the dollar on Friday, hit by fears about instability in neighbouring Crimea, but Ukraine's hryvnia rebounded, trading 5-10 percent firmer on hopes of an IMF loan.
TOKYO, Feb 28- Mitsubishi Heavy Industries has lost a potential deal to supply tank engines to Turkey because of restrictions that remain in place on Japan's military exports, officials in Turkey and Japan said.
Apostolos Bantis, credit analyst at Commerzbank, says that while political risks have escalated in certain emerging markets, appetite for hard currency bonds remains strong due to high yields.
ANKARA, Feb 25- Turkish riot police fired tear gas and water cannon to disperse several hundred people protesting against the government at an Ankara university on Tuesday ahead of the opening of a highway in the city.
Sureyya Ciliv, CEO of Turkcell, says mobile internet's increasing global penetration will allow easier access to knowledge.
ISTANBUL/ LONDON Feb 24- Tesco, the world's No. 3 retailer by sales, is in talks with several companies over a possible restructuring of its struggling business in Turkey.
LONDON- HSBC reports a 9 percent increase in annual pretax profit, which misses market expectations, and warns of greater volatility in emerging markets this year, sending its stock price sharply lower. Volkswagen shares plunge on outlook, Scania deal.
ISTANBUL, Feb 24- Turkish retailer Tesco Kipa said on Monday that its British parent Tesco Plc was in the first stages of talks with various companies regarding various options. "Tesco Plc is in the first stages of talks with various companies regarding various options," Tesco Kipa said in a statement to the Istanbul stock exchange.
Arjuna Mahendran, Emirates National Bank of Dubai talks about the politics of subsidies in emerging markets and how that is hurting the economies from within along with the Fed's tapering.
The autonomous region's prime minister and top energy official travelled to Baghdad earlier this week, intensifying efforts to settle the long-running dispute over exports of oil from Kurdistan via a new independent pipeline to Turkey.