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  • *China, Europe services PMI disappoint. NEW YORK, Oct 3- Oil prices fell sharply on Wednesday as disappointing economic data from China and Europe reinforced concerns about slowing growth and a weakening demand for petroleum, even as supportive U.S. data strengthened the dollar.

  • By Yeganeh Torbati and Marcus George. DUBAI, Oct 3- Riot police clashed with demonstrators and arrested money changers in Tehran on Wednesday in disturbances over the collapse of the Iranian currency, which has lost 40 percent of its value against the dollar in a week, witnesses said.

  • By Yeganeh Torbati and Marcus George. DUBAI, Oct 3- Riot police clashed with demonstrators and arrested money changers in Tehran on Wednesday in disturbances over the collapse of the Iranian currency, which has lost 40 percent of its value against the dollar in a week, witnesses said.

  • Among the 12 applicants were Enerjisa Elektrik, co-owned by Sabanci Holding and Austria's Verbund, as well as Park Holding, Aksa Elektrik, Calik Enerji and Zorlu Holding.

  • DUBAI, Oct 3- Dubai's Emaar Properties will set up a new joint venture with the Iraqi government to develop housing in the war-torn country, Iraq's construction and housing minister said on Wednesday. Nine years after the United States invaded Iraq to topple Saddam Hussein, there are signs that foreign investment in the country is finally building momentum.

  • ISTANBUL, Oct 3- Turkey's Treasury is taking a controlling stake in the country's seventh largest bank by assets, Vakifbank, which is expected to lead to a possible secondary offering at a later stage, its CEO said on Wednesday. Russia's Sberbank bought Turkey's DenizBank.

  • LONDON/ MILAN, Oct 3- Offshore natural gas could dramatically change Greece's fortunes, should early estimates of $600 billion worth of reserves be confirmed, according to a study presented to Prime Minister Antonis Samaras in June and seen by Reuters.

  • ISTANBUL, Oct 3- Turkish car and light commercial vehicle sales rose 15.8 percent year-on-year to 69,629 units in September, the Automotive Distributors' Association said on Wednesday. In the three quarters of 2012, sales dipped 12.05 percent from a year earlier to 530,713 units, the association said in a statement.

  • ISTANBUL, Oct 3- Turkey's largest state lender Ziraat Bank said on Wednesday it had applied to the Capital Markets Board and Istanbul Stock Exchange to issue a 500 million lira 179- day bill with an additional option of 300 million lira.

  • ISTANBUL, Oct 3- Turkish bond yields were steady on Wednesday and the lira weakened after a food price-fuelled rise in September inflation failed to dent expectations of more easing of monetary policy.

  • ANKARA, Oct 3- Food prices drove Turkish inflation higher in line with forecasts in September, a supply side shock to prices that the central bank has so far put aside in easing monetary policy.

  • ANKARA, Oct 3- Turkish inflation rose broadly in line with forecasts in September, data showed on Wednesday, and was not seen affecting expectations that the central bank will continue to ease monetary policy.

  • ANKARA, Oct 3- The Turkish Statistics Institute published the following data on September inflation on Wednesday: TURKISH PRICES SEPT 12 AUG 12 SEPT 11 Consumer m/m 1.03 0.56 0.75 Consumer y/y 9.19 8.88 6.15 Consumer index 207.55 205.43 190.09 Producer m/m 1.03 0.26 1.55 Producer y/y 4.03 4.56 12.15 Producer index 205.75 203.65 197.77.

  • ANKARA, Oct 3- Turkey's consumer price index rose 1.03 percent month-on-month in September, compared with a Reuters poll forecast of a 1.10 percent rise, for a year-on-year increase of 9.19 percent, the Turkish Statistics Institute said on Wednesday.

  • ISTANBUL, Oct 3- Here are news, reports and events that may affect Turkish financial markets on Wednesday. The main share index closed 1.11 percent up at 67,498 points, largely outperforming a rise of 0.2 percent in the MSCI emerging markets index.

  • *Turkey criticised over web restrictions. ANKARA, Oct 2- Turkey said on Tuesday it had won a long-running battle to persuade the video-sharing website YouTube to operate under a Turkish web domain, giving Ankara a tighter rein over the site's content and requiring the firm to pay Turkish taxes.

  • ISTANBUL, Oct 2- Turkey's inflation-linked bond yields eased on Tuesday after the central bank said at a meeting with bankers that tax hikes would lead it to revise up its year-end inflation forecast. Turkey's state energy company, Botas, raised natural gas prices for consumers on Monday by 9.8 percent.

  • *Turkey criticised over web restrictions. ANKARA, Oct 2- Turkey said on Tuesday it had won a long-running battle to persuade the video-sharing website YouTube to operate under a Turkish web domain, giving Ankara a tighter rein over the site's content and requiring the firm to pay Turkish taxes.

  • ISTANBUL, Oct 2- Turkish industrial group Yildirim Holding is buying a majority stake in lender Isbank's. Gemport said on Tuesday Yilport, a unit of Yildirim Holding, had signed an agreement to buy a 54 percent stake in Gemport from Isbank.

  • At the same time, the agency has downgraded Denizbank's Long-term local currency IDR to' BBB-' from' BBB'. The rating actions follow the announcement on 28 September 2012 by Belgian-based bank Dexia that it has completed the sale of a 99.85% stake in Denizbank to Russia's Sberbank.