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Turkish stock market
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MSCI Threatens to Revoke Turkey's Emerging Market Status, Immediately Freezes Related Index Changes Due to Stock Manipulation Scandal
MSCI said on Thursday that Turkey's emerging market status is at risk due to ongoing stock manipulation scandals in the country, and immediately froze certain index changes related to Turkish equity s
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Turkish Stock Market Fears Bear Market Amid Fund Turmoil
According to Bloomberg Markets, the recent fund crisis has wiped billions off the market capitalization of Istanbul-listed companies, and the Turkish stock market is facing a bear market.
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Turkish Finance Minister Simsek reassures markets after $18.3B fund liquidations, says no widespread systemic risk
Turkish Finance Minister Mehmet Simsek stated that the liquidation of investment funds worth $18.3 billion will not pressure Borsa Istanbul, as regulatory changes should prevent any contagion risk. He
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Turkish investment bank Tera Group collapsed, with $14 billion in funds liquidated. The Department of Justice characterized it as a "Ponzi-like scheme."
Tera Group, an investment bank that once called itself the "Turkish Goldman Sachs," and its asset management arm, Tera Portfoy, have been classified by the Turkish Ministry of Justice as operating a "
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Turkish Stocks Fall More Than 5% Amid Deepening Fund Redemption Woes
Turkish stocks tumbled on Wednesday after an asset manager’s failure to meet redemption requests fueled concern about broader liquidity stress in the country’s fund industry.
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MSCI Threatens to Revoke Turkey's Emerging Market Status, Immediately Freezes Related Index Changes Due to Stock Manipulation Scandal
MSCI said on Thursday that Turkey's emerging market status is at risk due to ongoing stock manipulation scandals in the country, and immediately froze certain index changes related to Turkish equity s
-
Turkish Stock Market Fears Bear Market Amid Fund Turmoil
According to Bloomberg Markets, the recent fund crisis has wiped billions off the market capitalization of Istanbul-listed companies, and the Turkish stock market is facing a bear market.
-
Turkish Finance Minister Simsek reassures markets after $18.3B fund liquidations, says no widespread systemic risk
Turkish Finance Minister Mehmet Simsek stated that the liquidation of investment funds worth $18.3 billion will not pressure Borsa Istanbul, as regulatory changes should prevent any contagion risk. He
-
Turkish investment bank Tera Group collapsed, with $14 billion in funds liquidated. The Department of Justice characterized it as a "Ponzi-like scheme."
Tera Group, an investment bank that once called itself the "Turkish Goldman Sachs," and its asset management arm, Tera Portfoy, have been classified by the Turkish Ministry of Justice as operating a "
-
Turkish Stocks Fall More Than 5% Amid Deepening Fund Redemption Woes
Turkish stocks tumbled on Wednesday after an asset manager’s failure to meet redemption requests fueled concern about broader liquidity stress in the country’s fund industry.
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Turkish stock market
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Gold prices fell to $3,883.36, hitting a near 365-day low.
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Trump Comments on Binance Hack as Calls for Crypto Regulation Intensify
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