TRY in the spotlight: latest news
News in the last hour
Positive 40%
Negative 20%
Neutral 40%
Summary: The financial news covered various topics, including market fluctuations, corporate earnings, and economic forecasts. Positive sentiment was noted in tech advancements and earnings reports, while concerns about inflation and geopolitical tensions contributed to negative sentiments.
Sep 24Hürriyet Daily NewsTrustee appointed to Doğa College's parent company during Can Holding probe
A trustee has been appointed to Arı Bilim İnovasyon Eğitim Hizmetleri A.Ş., the parent company of Doğa College, as part of the ongoing investigation into Can Holding.
Sep 19Capital EconomicsRussia's economy stagnates while Central and Eastern Europe shows fragile recovery
The economies of Emerging Europe are expected to diverge in the coming year. Russia's war economy is showing signs of stagnation, while Central and Eastern Europe are experiencing fragile recoveries.
Sep 19Türkiye TodayFed's 2025 rate cut boosts Turkish markets and strengthens the lira
The Federal Reserve has implemented its first rate cut since December 2024, leading to a weaker dollar and increased risk appetite among investors. This shift enhances Türkiye's appeal to traders as the Turkish lira gains strength.
Sep 16Daily SabahTürkiye's budget shows a $2.34 billion surplus for August
Türkiye's budget achieved a surplus of TL 96.7 billion, equivalent to $2.34 billion, in August, as reported by the Treasury and Finance Ministry.
Sep 13Hürriyet Daily NewsSurvey reveals slight rise in inflation expectations for 2025
According to the Central Bank's Survey of Market Participants, consumer inflation expectations for the end of 2025 have risen slightly to 29.86 percent.
Sep 13TipRanksH.I.S. Co. updates financial forecast due to Turkish subsidiary issues
H.I.S. Co., Ltd. has updated its full-year financial forecast for the fiscal year ending October 31, 2025, due to challenges faced by its Turkish subsidiary.
Sep 12Türkiye TodayMorgan Stanley and Standard Chartered update Türkiye's economic forecasts
Morgan Stanley forecasts that Türkiye's policy rate will reach 37% by the end of 2025. In contrast, Standard Chartered has reduced its expectation for a September rate cut to 200 basis points.
Sep 11HispanatoliaFitch increases Turkey's economic growth forecast to 3.5%
Fitch has increased its growth forecast for Turkey’s economy, estimating that the country's GDP will rise by 3.5% this year, surpassing the projections made by the Turkish government.
Sep 11MSNTurkey's economic programme predicts 28.5% inflation in 2025, falls to single digits by 2027
Turkey's medium-term economic programme projects inflation to reach 28.5% in 2025 and decline to 16% in 2026, with expectations of falling to single digits starting in 2027.
Sep 11Bloomberg.comWall Street Questions Turkey's Optimistic Economic Data Amid Rate Cut Concerns
Global banks are expressing skepticism about the Turkish central bank's optimistic view on inflation risks. They anticipate a slowdown in the pace of interest-rate cuts moving forward.
Sep 10Healthcare Asia MagazineTurkiye's medical device sector faces challenges from lira depreciation and inflation
Turkiye's medical device market is projected to shrink at a compound annual growth rate (CAGR) of 8.7% in US dollar terms until 2029, primarily due to the weakening lira and rising inflation.
Sep 10MSNTurkey's economic program predicts inflation of 28.5% in 2025
Turkey's medium-term economic programme predicts inflation will reach 28.5% in 2025, followed by a decline to 16% in 2026. The forecast indicates that inflation will drop to single digits starting in 2027.
Sep 9Serrari GroupTurkey's economic plan predicts inflation of 28.5% in 2025, single digits by 2027
Turkey's medium-term economic program anticipates inflation rates of 28.5% in 2025 and 16% in 2026, with expectations of single-digit inflation starting in 2027.
Sep 9Daily SabahTürkiye anticipates single-digit inflation by 2027 and 5% growth by 2028
Türkiye's government anticipates that inflation will decrease to 28.5% in 2023, further declining to 16% in 2026, and reaching single-digit levels by 2027. Additionally, the economy is projected to achieve a growth rate of 5% by 2028.
Sep 9Daily SabahTürkiye unveils three-year economic roadmap for single-digit inflation and growth
Türkiye's government unveiled a new three-year economic roadmap on Monday, which officials claim is designed to restore fiscal discipline and achieve single-digit inflation while promoting a recovery in trend growth.
Sep 9WKZOTurkey's economic program predicts 28.5% inflation in 2025, drops thereafter
Turkey's medium-term economic programme predicts that inflation will reach 28.5% in 2025, followed by a decrease to 16% in 2026. The programme also anticipates that inflation will fall to single digits starting in 2027.
Sep 9Turkish MinuteTurkey expects 28.5% inflation this year, single digits by 2027
Turkey's government announced on Monday that it expects inflation to reach 28.5 percent in 2023, followed by a decline to 16 percent in 2026, and ultimately falling to single-digit levels by 2027.
Sep 9Türkiye TodayTürkiye adjusts growth forecasts and raises inflation in Medium-Term Program
Türkiye's economic board has adjusted its growth, inflation, and trade targets in the updated Medium-Term Program for 2026–2028, indicating a slower trajectory for economic expansion.
Sep 9ReutersTurkey predicts 28.5% inflation in 2023, single digits by 2027
Turkey's government projects that inflation will decrease to 28.5% in 2023, further declining to 16% in 2026, and reaching single-digit levels by 2027.
Sep 8MSNTurkey's economic program predicts 28.5% inflation in 2025, single digits by 2027
Turkey's medium-term economic programme predicts that inflation will reach 28.5% in 2025 and decrease to 16% in 2026, with expectations of single-digit inflation by 2027.
Sep 6BenzingaTurkey's GDP growth surpasses Europe's largest economies in Q2
Turkey's economy demonstrated impressive annual growth, surpassing the largest economies in Europe and exceeding second-quarter forecasts. This growth was primarily fueled by advancements in the construction and IT sectors.
Sep 5FXStreetCommerzbank expresses caution as Turkish inflation shows persistent momentum
Commerzbank's FX analyst noted that Turkish inflation is no longer showing significant deceleration, except when viewed through potentially misleading year-on-year comparisons.
Sep 4HispanatoliaTurkey's inflation rate drops for the 15th consecutive month
Inflation in Turkey has declined for the 15th consecutive month, with the Consumer Price Index (CPI) dropping below 33% in August, as reported by the latest official data released today.
Sep 4MarketScreenerTurkey's August inflation rate decreased to 32.95%, surpassing predictions
Turkey's annual consumer price inflation decreased to 32.95% in August, according to official data released on Wednesday. This decline was less than anticipated.
Sep 3IndexBoxTesla Surpasses Toyota and VW as Turkey's Second Best-Selling Car Brand
Tesla's sales in Turkey surged in August, propelling the company to become the second best-selling automotive brand in the market, surpassing both Toyota and Volkswagen. This growth was largely fueled by consumers taking advantage of tax incentives.