Wednesday, Sep 18
Private sector short-term external loans down in H1 of 2019
According to the Central Bank report, Turkish private sector’s foreign loans have fallen $3B since end-2018.
Deutsche Bank’s net loss in Q2 worse than expected
German Deutsche Bank’s net loss became $3.6 billion in the second quarter of 2019.
Greece privatization fund launches process for sale of Athens Airport
Athens International Airport is the largest airport in Greece, handling 24 million passengers a year, of which 16.4 million are international travelers.
Trump plans to hold trade talks with China’s Xi at G20
Trump and Chinese President Xi Jinping agreed to meet in Japan next week.
Turkey plans to increase mutual tourism with Russia
Two countries' authorities agreed to expand mutual tourism and cultural ties at the opening of the joint festival.
Deutsche Bank plans to set up ‘bad bank’
Deutsche Bank is planning to overhaul its trading operations by creating a so-called bad bank to hold tens of billions of euros of non-core assets, a source close to the matter said on Monday.
Three new banknotes added to monetary cone in Venezuela
Venezuelan Central Bank officials announced that the new bills to make payments systems more efficient.
Central Bank keeps interest rates unchanged: Turkey
The bank expected the current account balance to maintain its improving trend.
Facebook to reveal company’s own cryptocurrency in June
According to the sources, Facebook is ready to reveal details about its cryptocurrency. The social media giant plans June 18th for the cryptocurrency debut.
Turkey signs MoU with Canada to boost trade cooperation
Turkish Trade Minister Ruhsar Pekcan stated that the agreement aims to improve commercial relations and increase investment.
Trade Minister: Turkey's exports hit record high
Turkish trade minister Ruhsar Pekcan says the country's exports last month jumped 11.46 percent year-on-year, while imports fall 19.85 percent.
Russia criticizes US pledge to sanction Nord Stream 2
The Nord Stream 2 gas pipeline project has come under fire from US.
Google restricts Huawei’s Android license
Following the US crackdown on Chinese technology companies, Google pulls Huawei’s Android license.
At least 85,000 houses sold in April
Last year, over 1,37 million property sales were recorded in Turkey while around 650,000 of them were newly-built houses.
European Union industrial production down
The industrial production in the EU saw a decrease of 0.4 percent year-on-year in March, according to official figures.
Machinery exports increase in Turkey
The country earns nearly $6B from machinery exports in the first 4 months of 2019.
Oil prices rise amid US sanctions
The United States reimposed sanctions on Iran in November last year, demanding all countries stop importing oil from the country.
Turkey's crude oil imports up 78,30% in 2019
Total oil product imports rise by 22,57 percent to 3,4 million tons.
Turkey's inflation rate falls to 19,50 percent in April
Annual inflation in April down from 19,71 percent the previous month, according to official data.
Turkish economic confidence index rises to 84,7 in April
Turkey’s economic confidence index rose to 84,7 points in April, up 3,4 percent from a month earlier, data from the TurkStat showed on Monday.