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Trkiye’s Central Bank to end lira currency swap transactions

ISTANBUL: The Central Bank of Trkiye (CBRT) will terminate Turkish lira currency swap market transactions via the quotation method in a bid to diversify the sterilization tools.

According to the instructions sent to lenders, the decision will be effe…

Trkiye-Sudan Business Summit begins in Istanbul

ISTANBUL: The First Trkiye-Sudan Business Forum and Logistics-Economy-Investment Expo kicked off in Istanbul, gathering both countries’ official and business circles on Wednesday.

Ehlam Mahdi Sabeel, Sudanese minister of investment and international …

Tesla shares see worst daily slump in 6 months after weak results

ISTANBUL: Tesla shares were down more than 10% on Wednesday, heading for the worst daily performance since January after the company posted weak second-quarter financial results.

The American electric carmaker’s stock price was trading at $219.84 at …