14 stories9 sources/story
Treasury and Finance Minister Mehmet Şimşek said disinflation is not progressing at the desired pace but will be maintained during the election period. He said year-end inflation would have been around 20-22% without the war, and civil servant and pensioner salaries would rise at least as much as inflation.
The Istanbul Chief Public Prosecutor's Office launched an ex officio investigation into former Borsa Istanbul (BIST) chairman İbrahim Mustafa Turhan over social media posts alleged to be capable of creating fear and panic in the capital markets. The investigation came after BIST 100 lost more than 6%, triggering a circuit breaker.
Banking regulator BDDK decided that shareholder rights attached to the 99.98% stake in Golden Global Investment Bank, which is facing a liquidity problem, will be exercised by the Savings Deposit Insurance Fund (TMSF), without transferring ownership of the shares. The United States placed the bank on its sanctions list on September 4 over alleged Iran-linked transactions, which the bank denied.
According to the Central Bank (TCMB), housing prices rose 0.9% monthly and 23% annually in August but fell 6.5% annually in real terms adjusted for inflation. The real decline extended to a ninth month, while the new-tenant rent index fell 3.9% in real terms in July.
You've reached the end of this section.
