Business

Erdogan warns businesses not to withdraw foreign currency

Aug 12, 2018

Turkey's president warns of drastic measures if businesses withdraw foreign currency from banks amid the country's ongoing currency crisis

Pakistan detains 8 Chinese over possession of firearms

Aug 12, 2018

Police in Pakistan say they have detained eight Chinese nationals who tried to enter a power plant with weapons in the eastern Punjab province

Turkey's president: US waging "economic war" against Turkey

Aug 11, 2018

Turkey's president is blaming the country's economic downturn on the United States and other nations that he claims are waging "war" against his country

Iran: China's state-owned energy CNPC takes over French TO

Aug 11, 2018

Iran's official IRNA news agency is reporting that China's state-owned petroleum corporation has taken a majority share of the country's South Pars gas project

The Latest: Turkey: Steel tariffs will hurt US firms too

Aug 10, 2018

Turkey's trade minister says Turkey is "deeply disappointed" by the decision of U.S. President Donald Trump's administration to double steel and aluminum tariffs on imports from Turkey

Turkey shaken by financial fears, Trump rattles it further

Aug 10, 2018

The Turkish currency has plunged to an all-time low as an on-going dispute with the United States showed no sign of subsiding and concerns over the president's policies persisted

Turkey says President Erdogan has held phone call with Russia's Putin to discuss economic ties amid market turmoil

Aug 10, 2018

Turkey says President Erdogan has held phone call with Russia's Putin to discuss economic ties amid market turmoil

Turkish President Erdogan appeals for calm amid currency drop, urges people to change foreign money into local lira

Aug 10, 2018

Turkish President Erdogan appeals for calm amid currency drop, urges people to change foreign money into local lira

Turkey to outline 'new economic model' as currency slides

Aug 9, 2018

Turkey's government says it will reveal a "new economic model" this week as the country's currency continues to slide.

Swedish IKEA opens first single-brand retail store in India

Aug 9, 2018

Band music and loud cheers greet hundreds of customers as Swedish home furnishings giant IKEA opens its first store in India, five years after it received approval to invest in the country's single-brand retail sector

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