Tugce Ozsoy

Turkish stocks are among the world’s worst performers in the second half, but their fortunes are already turning as money managers bet interest rates cuts are coming soon.

Turkish stocks are among the world's worst performers in the second half, but their fortunes are already turning as money managers bet interest rates cuts are coming soon.

Saudi stocks are trailing emerging-market benchmarks for the first time since 2020, but some investors see several reasons why next year could turn out better.

Turkey removed a ban on short-selling top stocks, a long-awaited move that eases investor concerns over market accessibility.

Analysts are now expecting the Turkish central bank to deliver sizable interest-rate cuts at every policy meeting in 2025 following Thursday’s bigger-than-expected reduction, despite officials cautioning against an uninterrupted easing cycle.

Analysts are now expecting the Turkish central bank to deliver sizable interest-rate cuts at every policy meeting in 2025 following Thursday’s bigger-than-expected reduction, despite officials cautioning against an uninterrupted easing cycle.

Turkey's lira is on track to close 2024 with its smallest annual decline since 2020, driven by the authorities' push for real appreciation and the currency's appeal to carry-trade investors amid high interest rates.

Turkey’s lira is on track to close 2024 with its smallest annual decline since 2020, driven by the authorities’ push for real appreciation and the currency’s appeal to carry-trade investors amid high interest rates.

(Bloomberg) -- The shares of Turkish brewer Anadolu Efes were set for their biggest two-day loss since 2001 after Russia's President Vladimir Putin handed management of the firm's joint venture with Anheuser-Busch InBev to a local company.

The Turkish central bank’s strategy for managing the lira is laying the ground for traders to enjoy even more of the world’s most profitable carry trade.