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Business Turkey

  • SYDNEY- Reserve Bank of Australia Governor Philip Lowe to speak at the A50 Australian Economic Forum dinner. MEXICO CITY- Central Bank of Mexico monetary policy statement. MANILA- Philippines Central Bank monetary policy meeting.

  • *Bank has used liquidity moves to drive up borrowing costs. *Current stance "not a return" to daily policy shifts. ANKARA, Feb 8- Turkey's central bank will stick with unorthodox measures to keep borrowing costs at five-year highs at least until inflation peaks this year, according to people familiar with its thinking, despite sharp criticism from investors.

  • WARSAW- National Bank of Poland monetary policy council meeting. SYDNEY- Reserve Bank of Australia Governor Philip Lowe to speak at the A50 Australian Economic Forum dinner. MEXICO CITY- Central Bank of Mexico monetary policy statement.

  • *Trump, Netanyahu meet on Feb. 15 with Iran atop agenda. *Both see Obama-backed Iran nuclear accord as bad deal. But people familiar with the Trump administration's thinking say that its evolving strategy is likely to be aimed not at dismantling Iran's July 2015 nuclear deal with six world powers, as presidential candidate Trump sometimes advocated, but...

  • WARSAW- National Bank of Poland monetary policy council meeting. BUDAPEST- Hungarian Central Bank non-rate-setting meeting. CANBERRA- Reserve Bank of Australia interest rate meeting- 0330 GMT.

  • WASHINGTON, Feb 3- The Trump administration on Friday imposed sanctions on Iran, which it said were just "initial steps" and said Washington would no longer turn a "blind eye" to Iran's hostile actions. "The days of turning a blind eye to Iran's hostile and belligerent actions toward the United States and the world community are over," Flynn said in a White House...

  • WASHINGTON, Feb 3- The Trump administration on Friday imposed sanctions on Iran, which it said were just "initial steps" and said Washington would no longer turn a "blind eye" to Iran's hostile actions. The sanctions on 25 individuals and entities were the opening salvo by President Donald Trump who has vowed a more aggressive policy against Tehran and came two days...

  • WASHINGTON, Feb 3- The Trump administration on Friday imposed sanctions on 25 individuals and entities, ratcheting up pressure on Iran in what it said were just "initial steps" and said it would no longer turn a "blind eye" to Iran's hostile actions. "The Trump Administration will no longer tolerate Iran's provocations that threaten our interests," National...

  • WASHINGTON, Feb 3- The Trump administration on Friday imposed sanctions on 25 individuals and entities, ratcheting up pressure on Iran in what it said were just "initial steps" and said it would no longer turn a "blind eye" to Iran's hostile actions. "The Trump Administration will no longer tolerate Iran's provocations that threaten our interests," National...

  • *Lira has crumbled, inflation near double figures. *Erdogan aides believe Turkey can ill-afford higher rates. ANKARA, Feb 3- Divisions among Turkey's economic policy makers, which have hindered the central bank and unnerved investors, are unlikely to abate before an April referendum on granting the stronger powers that President Tayyip Erdogan has long sought.

  • MOSCOW- Central Bank of Russia interest rate decision. WARSAW- National Bank of Poland monetary policy council meeting. BUDAPEST- Hungarian Central Bank non-rate-setting meeting.

  • LJUBLJANA- European Central Bank President Mario Draghi to give a speech at the joint ECB/ Bank of Slovenia conference on the 10th anniversary of the adoption of the euro- 1215 GMT. PRAGUE- Czech National Bank monetary policy meeting, after which a statement and a presentation will be published. WARSAW- National Bank of Poland monetary policy council meeting.

  • ISLAMABAD, Jan 31- Pakistan aims to raise $350 million from the sale of a stake in Kot Addu Power Company and will also relaunch a share sale in Oil and Gas Development Company but only to domestic investors, its privatisation chief said. Chinese companies showed the most interest "by far" in the planned sale of a 40 percent stake in KAPCO during roadshows in Istanbul,...

  • ISLAMABAD, Jan 31- Pakistan aims to raise $350 million from the sale of a stake in Kot Addu Power Company and will also relaunch a share sale in Oil and Gas Development Company but only to domestic investors, its privatization chief said. Chinese companies showed the most interest "by far" in the planned sale of a 40 percent stake in KAPCO during roadshows in Istanbul,...

  • LONDON, Jan 31- Emerging stocks touched one-week lows on Tuesday but were headed for their best January since 2012, benefiting from expectations of reflationary U.S. policies, though Turkish assets lagged with the lira set for its fifth month in the red. Emerging markets have got off to a strong start to 2017, with stocks and bonds generally outperforming their...

  • *Iran seen keen to speed up deliveries ahead of election. ANKARA/ PARIS, Jan 30- A row over U.S. visa bans may further weaken Iranian President Hassan Rouhani's efforts to attract foreign investors to Iran, particularly if it slows the implementation of deals for Western aircraft, officials and analysts said. The deals for 80 Boeing jets and 100 from Europe's Airbus...

  • Trump’s “America first” policies were likely an overall negative for emerging markets, but they wouldn't be hit equally, Nomura said.

  • ISTANBUL, Jan 29- German authorities should reject requests for asylum from some 40 former Turkish soldiers Ankara suspects of having links to the failed July coup, Turkey's defence minister was quoted as saying on Sunday. Fikri Isik also said that failure to reject the asylum applications could harden relations between Germany and Turkey, according to the...

  • ANKARA, Jan 28- President Donald Trump's sweeping ban on people seeking refuge in the United States is no solution to problems, Turkish Prime Minister Binali Yildirim said on Saturday, adding that Western countries should do more to help ease Turkey's refugee burden. The new Republican president on Friday put a four-month hold on allowing refugees into the...

  • ANKARA, Jan 28- Britain and Turkey signed a defense deal worth more than 100 million pounds on Saturday to develop Turkish fighter jets, opening the way to deeper cooperation over the lifetime of the project. In Ankara to strengthen ties with Turkey as she navigates Britain's departure from the European Union, Prime Minister Theresa May hailed the deal, saying it...