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Turkish stocks wipe another $10B as BIST 100 slides amid fund turmoil Image

Turkish stocks wipe another $10B as BIST 100 slides amid fund turmoil

Borsa IStanbul

3 min read

Equities shed $120B since fund rout as corporate debt fears deepen sell-off across Turkish markets

S&P warns Turkish banks face rising but manageable debt risks

Turkish banking

3 min read

Rating agency sees Turkish banks weathering shocks for now, but warns that fallout from fund turmoil could expose lenders to further risks

S&P warns Turkish banks face rising but manageable debt risks Image

Zorlu seeks to defer $60.5M as it struggles to meet bond payments

Debt Restructuring

4 min read

Zorlu Enerji’s cash shortfall adds to debt pressures across industrial conglomerate, as Vestel seeks to restructure $500M in bonds

Zorlu seeks to defer $60.5M as it struggles to meet bond payments Image

Norway Wealth Fund cries foul over fund scandal as Turkish portfolio takes $300M hit

fund scandal

4 min read

$2.3T sovereign wealth fund says it is victim of Türkiye’s market mess as its Turkish stock holdings shrink 15%

Norway Wealth Fund cries foul over fund scandal as Turkish portfolio takes $300M hit Image

First Russian diesel tanker heads to New York after Putin-Trump deal: Report Image

Business

First Russian diesel tanker heads to New York after Putin-Trump deal: Report

2 min read

Turkish truckers urge EU to ease Schengen stay limits amid driver shortages Image

Business

Turkish truckers urge EU to ease Schengen stay limits amid driver shortages

2 min read

Türkiye says government platforms safe after PHP security flaws emerge Image

Business

Türkiye says government platforms safe after PHP security flaws emerge

2 min read

Turkish central bank cuts rate to 36% in first move since Iran war Image

Business

Turkish central bank cuts rate to 36% in first move since Iran war

2 min read

Oil prices jump 3% after deadly Houthi attack on Saudi Shaybah oil field Image

Business

Oil prices jump 3% after deadly Houthi attack on Saudi Shaybah oil field

2 min read

World’s largest Norway wealth fund takes $30B hit amid bond market turmoil Image

Business

World’s largest Norway wealth fund takes $30B hit amid bond market turmoil

2 min read

Türkiye extends fund rescue plan to investors trapped by failed sales Image

Business

Türkiye extends fund rescue plan to investors trapped by failed sales

2 min read

JPMorgan ends Türkiye brokerage operations but denies exit from country Image

Business

JPMorgan ends Türkiye brokerage operations but denies exit from country

2 min read

Websites shut down globally as PHP flaws trigger millions of attack attempts Image

Business

Websites shut down globally as PHP flaws trigger millions of attack attempts

2 min read

Türkiye targets nearly 17,000 kilometers of railway network by 2029 Image

Business

Türkiye targets nearly 17,000 kilometers of railway network by 2029

2 min read

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