Turkish assets came under pressure on Monday as escalating tensions in Iran triggered a broader regional selloff and prompted the central bank to support the lira.

Turkey’s economic growth slowed in the fourth quarter compared to the previous three months, as policymakers maintained a tight stance to curb double-digit inflation.

A Turkish court adjourned to April 1 the trial of jailed Istanbul Mayor Ekrem Imamoglu and several others over alleged irregularities at the main opposition party’s 2023 congress.

Heidelberg Materials AG is interested in doubling its stake in listed Turkish cement producer Akcansa Cimento AS to gain majority control and fend off other suitors, people familiar with the matter said.

Turkish football giant Galatasaray’s shares rose as much as 4.8% on Wednesday morning after the club’s victory over Italian heavyweight Juventus in the UEFA Champions League.

Turkey’s central bank drew a bleaker assessment of the country’s year-end inflation trajectory but left the door open for future interest-rate cuts.

Turkey’s central bank raised inflation forecasts for the end of the year, a move likely to amplify expectations for a more pronounced slowdown in interest-rate cuts.

Turkish President Recep Tayyip Erdogan appointed Istanbul’s chief public prosecutor as the country’s justice minister early Wednesday, promoting a figure who has played a central role in investigating and jailing members of the main opposition party.

From Istanbul to Rome, central banks with senior vacancies are embracing the pedigree that comes with a career spent in US policymaking.

From Istanbul to Rome, central banks with senior vacancies are embracing the pedigree that comes with a career spent in US policymaking.

From Istanbul to Rome, central banks with senior vacancies are embracing the pedigree that comes with a career spent in US policymaking.

Turkish inflation slowed for the fourth month in a row in January, albeit significantly less than analysts expected due to seasonal price rises in food and other goods.

Turkish President Recep Tayyip Erdogan appointed a Federal Reserve economist as a deputy governor of the central bank on Tuesday.

President Donald Trump intensified pressure on Iran, imposing fresh sanctions and urging the regime to “make a deal,” after Tehran signaled it was ready for talks if the White House ceased its threats.

Shares of the Turkish state lender Halk Bankasi AS tumbled on Wednesday following the adjournment of a court status conference in the US related to charges of evading sanctions on Iran.

Turkish authorities are stepping up efforts to curb local banks’ access to cheaper funding abroad, part of their campaign to deter hot-money flows from the lira market in London.

Turkey’s central bank lowered its main interest rate for the fifth straight month while surprising markets by slowing the pace of cuts from December.

Turkish Treasury and Finance Minister Mehmet Simsek told a group of investors that year-end inflation could slow to about 19%, according to people with knowledge of the matter, striking a more optimistic tone than markets.

Turkish Treasury and Finance Minister Mehmet Simsek told a group of investors that year-end inflation could slow to about 19%, according to people with knowledge of the matter, striking a more optimistic tone than markets.

Revolut Ltd. is in talks to acquire Turkish digital bank FUPS to start offerings its services in the country, according to people familiar with the matter.