Beril Akman

Turkiye Is Bankasi AS Chief Executive Officer Hakan Aran will step down as early as Friday and be replaced by deputy CEO Hasan Cahit Cinar, according to people familiar with the matter, who asked not to be identified because the matter is still private.

Turkish investment funds are urging authorities to crack down on unusual trading activity that’s sent some stock prices soaring and has put the nation at risk of exclusion from major equity benchmarks.

Tensions between Turkey and Israel flared after the latter was reported to have launched airstrikes on a shuttered air base in northern Syria following a recent visit by a Turkish delegation.

Turkey’s central bank decided to resume weekly repo auctions at its 37% policy rate, a step toward normalizing funding conditions and betting that the worst of the Iran war’s economic fallout has passed.

Turkish authorities launched an investigation into veteran investor Timothy Ash on allegations of insulting President Recep Tayyip Erdogan, the state-run Anadolu Agency reported.

Turkey’s economy grew faster than expected in the second quarter despite tightening measures introduced to buffer the economic fallout of the Iran war.

A surge of money into Turkish lira assets is creating a dilemma for policymakers, who are weighing how to curb speculative short-term flows without choking off an important source of support for the currency.

Turkey has launched an investigation into Ahmet Davutoglu, a former prime minister and previous close ally of President Recep Tayyip Erdogan.

The United States sanctioned Golden Global Investment Bank, a relatively small Turkish firm, after Treasury Secretary Scott Bessent vowed to further isolate Iran’s economy amid the ongoing war by going after trading partners.

The Turkish central bank left its main interest rate unchanged, signaling policymakers’ caution in balancing a slowdown in inflation with a jump in crude oil prices.