Economy

The Turkish lira tumbled into new record lows against the U.S. dollar and euro amid an escalating dispute over sanctions between Turkey and the U.S.

The Turkish president said Turkey would hit two U.S. officials with sanctions in retaliation to the U.S. sanctions against the Turkish ministers in an escalating dispute over the detainment…

Turkish Foreign Minister Mevlut Cavusoglu told his U.S. counterpart Mike Pompeo that the U.S. sanctions against two Turkish ministers would not work.

Turkey and the U.S. plunged into a deepening diplomatic tug of war after Washington hit two Turkish ministers with sanctions over their role in the detainment of a U.S. pastor, sparking a…

The U.S. administration slapped sanctions on justice and interior ministers of Turkey over the ongoing detention of Pastor Andrew Brunson, a new move that immediately sent the Turkish Lira…

Turkey's Central Bank overhauled its inflation forecast for 2018 and expects more than 13 percent inflation, adding uncertainty and pressure on a struggling lira.

The specter of political interference in Central Bank's monetary policy came to the public spotlight again on Tuesday after the bank kept its key interest rate unchanged, leaving the Turkish…

A Turkish businessman was briefly detained in London at the request of Turkish authorities over a perceived link to foe of President Recep Tayyip Erdogan.

Turkey and the Netherlands have decided to normalize their diplomatic relations after a year of estrangement created by a row over a Turkish minister's attempt to rally on the Dutch soil one…

After a Turkish court refused to free U.S. Pastor Andrew Brunson, who has been imprisoned pending trial in western Turkey, a bipartisan group of U.S. senators introduced a new bill to block…