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Turkey inflation surges to 15-year high in August

Ankara -- Inflation in Turkey rose again in August to nearly 18 percent, official statistics showed on Monday, a record since late 2003 and...

Fed’s Powell to keep hiking as US growth overshadows Turkey turmoil

Don’t count on a Powell Pause. That’s the message seasoned watchers of the Federal Reserve have for any investors hoping that turmoil in Turkey and...

Calm comes to emerging assets as analysts reassess Turkey woes

The initial panic over Turkey’s market meltdown has eased. The lira, the world’s worst performer this year, and South Africa’s rand led the advance...