Tag Archives: Economy

Turkish Stocks Upgraded to Overweight by JP Morgan Chase & Co

Turkish stocks have been upgraded from neutral to "overweight" by major investment group JPMorgan Chase & Co. The group believes that the Turkish economy will recover faster than most emerging markets in 2010, though Turkish economy minister Ali Babacan's statement that a deal with the International Monetary Fund was on...

Posted on 03 December 2009

Turkey Construction Output to Grow Among Fastest in World in Coming Decade — Research

The global construction industry will grow by 70% over the next decade as output in emerging markets overtakes that of established markets, according to new research. The Global Construction 2020 report, from market analysts Global Construction Perspectives and Oxford Economics, forecasts that total construction output will rise from the current...

Posted on 19 November 2009

Turkish Economy Update: Falls in Q1 Ebbing in Q2

A deal between Turkey and the IMF began to look a lot more likely when it was revealed that the Turkish economy contracted 13.8% in the first quarter of this year. This will likely force the government to adjust its forecast of a 3.6% contraction for this year, likely making...

Posted on 03 July 2009