Business Turkey

  • ISTANBUL, Oct 8- Turkey's central bank on Monday announced the following results from its twice-monthly survey of business leaders' and economists' expectations:. LATEST PREVIOUS End-2012 CPI 7.31 6.80 CPI in 12 months 6.65 6.60 End-2012 GDP 3.4.

  • *World Bank says China economic slowdown could get worse. The World Bank on Monday cut its economic growth forecasts for East Asia and the Pacific region, home to two of the world's largest oil consumers, and said there was a risk the slowdown in China could be deeper and more prolonged than expected.

  • ISTANBUL, Oct 8- The Turkish banking sector's net profit in the first eight months of the year rose 19.4 percent year-on-year to 15.19 billion lira, data from the banking regulator showed on Monday. Banking sector loans increased 15.9 percent to 748.8 billion.

  • ANKARA, Oct 8- The gas flow on a pipeline carrying Iranian natural gas to Turkey was halted due to an explosion in eastern Turkey in the early hours of Monday, Turkish energy officials told Reuters.

  • *World Bank says China economic slowdown could get worse. LONDON, Oct 8- Brent crude oil fell below $111 per barrel on Monday on concerns slower economic growth would curb oil demand, but supply worries stemming from tension in the Middle East helped check losses.

  • ANKARA, Oct 8- The gas flow on a pipeline carrying Iranian natural gas to Turkey was halted due to an explosion in eastern Turkey in the early hours of Monday, Turkish energy officials said. The blast occurred in the area of Dogubayazit, a town in Agri province in eastern Turkey, the officials said, on condition of anonymity.

  • ANKARA, Oct 8- Turkish construction company Kolin Insaat will invest around $1 billion in building a lignite coal power plant in the country's Aegean region, and aims to complete the project in four years, the company chairman said on Monday.

  • *Artillery shell, mortar bombs from Syria hit Turkey at weekend. ISTANBUL, Oct 8- Turkish assets slipped on Monday as sporadic bombardments from Syria and retaliatory fire from Turkish forces in the southeast of the country continued at the weekend.

  • *World Bank says China economic slowdown could get worse. SINGAPORE, Oct 8- Brent crude slipped below $111 per barrel on Monday, dropping for a second straight session on concern that a fragile global economy could curb oil demand, but supply worries stemming from tension in the Middle East may help check losses.

  • ISTANBUL, Oct 8- Turkish Airlines said on Monday that it will buy 15 Airbus A330-300 planes between 2014-2016..

  • RIYADH, Oct 8- Saudi Electricity Co has approved the awarding of a 11.96 billion-riyal contract to build a 2.7- gigawatt power plant in south Jeddah to an unidentified bidder, it said on Monday. Last month, Reuters reported that South Korean group Hyundai Heavy Industries was the low bidder on the project, citing industry sources.

  • ISTANBUL, Oct 8- Turkish Central Bank Governor Erdem Basci said on Monday that banks' annual loan growth at the end of 2012 is seen at 14 percent. Turkish loan growth slowed from 34 percent in 2010 to 29.5 percent last year after a year of unorthodox monetary policy by the central bank aimed at preventing overheating.

  • Lavrov speaks to the Association of European Business in Russia on EU-Russia relations in the context of Russian WTO membership and Eurasian integration processes. Crown Princess Mary of Denmark visits St. Petersburg.

  • Wall Street stocks dipped late on Friday as an unexpected drop in the U.S. unemployment rate was overshadowed by concerns about the earnings season, which kicks off with Alcoa Inc on Tuesday, and S&P 500 futures traded in Asia eased on Monday.

  • *World Bank says China economic slowdown could get worse. *Turkey retaliates against Syria bombing for 5th day By Florence Tan.

  • *World Bank says China economic slowdown could get worse. *Turkey retaliates against Syria bombing for 5th day By Florence Tan.

  • SINGAPORE, Oct 8- U.S. crude eased towards $89 a barrel on Monday, as concerns over the global economy and Europe's debt crisis offset support from an unexpected drop in U.S. unemployment.

  • LOS ANGELES, Oct 7- Liam Neeson thriller "Taken 2" captured the No. 1 spot on movie box office charts over the weekend with a brawny $50 million take from theaters in the United States and Canada.

  • The sequel starring Liam Neeson as a former CIA agent who gets captured in Istanbul pushed last weekend's winner, family flick " Hotel Transylvania," to second place. "Taken 2" was released by 20th Century Fox, a unit of News Corp. Sony Corp's movie studio distributed " Hotel Transylvania."

  • DUBAI, Oct 7- Iran's parliament voted on Sunday to consider suspending plans for further reform of the country's food and fuel subsidies, with legislators citing economic pain caused by the plunge of the rial currency.