Liquidity Measures to Continue Amid Türkiye Fund Probe, ŞImşek Says
28 Articles
28 Articles
Treasury and Finance Minister Mehmet Şimşek stated that the legal process against those involved in "market-disrupting" transactions is ongoing, adding, "In coordination with our Ministry of Justice, we are protecting the legitimate rights of our fund investors."
Treasury and Finance Minister Mehmet Şimşek, in a statement regarding the fund investigation, said, "We are protecting the legitimate rights of our fund investors in coordination with our Ministry of Justice." Treasury and Finance Minister Mehmet Şimşek made assessments regarding the fund investigation. Şimşek on social media...
Treasury and Finance Minister Mehmet Şimşek made a statement regarding the investigation process in the fund market.
Turkish stocks fall more than 3 percent as fund crisis weighs on market - Turkish Minute
Turkish stocks fell more than 3 percent during Monday’s trading as police detained nine more people in an investigation into investment funds and share trading, though the market recovered some ground before the close. The BIST 100, the benchmark index of shares traded on Turkey’s main stock exchange, dropped as much as 3.44 percent during […]
Turkish stocks extend loss as fund crisis deepens
Turkish stocks extended losses on Monday on a perceived lack of clarity over regulators’ plans to address the failure of seven asset management firms, pushing some indices to nine-month lows. Authorities are liquidating 131 funds run by the seven. Together, the asset managers are estimated to have had more than $18 billion under management, with […]
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