Turkish shipping company files complaint with ICC over

ABD, Türkiye’deki fon krizini yakından izlemeli! — Photo: Ekonomim

Economy 1 source 19 Sept, 02:35

Financial Times: Problem in fund sector caused sharp drop in BIST 100

According to a report by Ekonomim citing the Financial Times, the BIST 100 index fell more than 8% during the week after a portfolio management company announced it could not meet redemption requests on some of its funds.

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

Borsa Istanbul (BIST) Financial Times Ekonomim

Türkiye, kişi başına reel GSYH’si en hızlı artan ülkeler listesine girdi — Photo: Ekonomim

Economy 1 source 19 Sept, 02:15

Türkiye ranks 25th in real GDP per capita growth from 1990 to 2025

According to a ranking based on World Bank data, Türkiye's real GDP per capita rose from $12,200 in 1990 to $37,300 in 2025, a 206% increase that placed it 25th. Guyana, China and Equatorial Guinea top the list.

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

World Bank Türkiye China Guyana Ekonomim

SPK 131 fonun tasfiye yöntemini açıkladı: Tera fonları İş Bankası’na, diğer altı şirketin fonları Ziraat’e - Serbestiyet — Photo: Serbestiyet

Economy World press 41 sources 19 Sept, 05:05

Capital Markets Board (SPK) assigns İş Bankası and Ziraat Bankası for liquidation of 130 funds

Assets of 130 funds belonging to seven portfolio management companies will be converted to cash, with the process to be completed within three months at most. Treasury and Finance Minister Mehmet Şimşek said, "There is no structural problem in the stock market or the fund market."

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

+10

+4

Where reports differ

State media According to a statement reported by TRT Haber, Şimşek said the problem was limited to a small number of free funds stemming from credit and liquidity issues, that 131 out of 2,038 funds were affected, and that there was no systemic risk.

Opposition press Artı Gerçek wrote that the funds subject to the liquidation decision belong to approximately 550,000 investors and have a total size calculated at around $17 billion (826 billion lira).

Capital Markets Board (SPK) Mehmet Şimşek İş Bankası Ziraat Bankası Tera Portföy Yönetimi TEFAS

Akın Gürlek açıkladı: Borsa manipülasyonu opaerasyonunda 20 tutuklama — Photo: Oda TV

Economy World press 31 sources 18 Sept, 23:18

Gürlek: 20 arrests in capital markets; 40 arrested in fruit-and-vegetable investigation

Justice Minister Akın Gürlek announced that 20 people had been arrested in manipulative trading investigations and that 51 people had been banned from leaving the country. In Istanbul's fresh fruit and vegetable pricing investigation, all 40 suspects referred to court were arrested.

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

+4

+2

+4

Akın Gürlek Justice Ministry Istanbul Chief Public Prosecutor's Office Capital Markets Board (SPK)

Month	y/y	m/m
Sept 2025	33.29% y/y	3.23% m/m
Oct 2025	32.87% y/y	2.55% m/m
Nov 2025	31.07% y/y	0.87% m/m
Dec 2025	30.89% y/y	0.89% m/m
Jan 2026	30.65% y/y	4.84% m/m
Feb 2026	31.53% y/y	2.96% m/m
Mar 2026	30.87% y/y	1.94% m/m
Apr 2026	32.37% y/y	4.18% m/m
May 2026	32.61% y/y	1.71% m/m
Jun 2026	32.11% y/y	0.99% m/m
Jul 2026	31.75% y/y	1.78% m/m
Aug 2026	31.51% y/y	1.84% m/m

Turkish shipping company files complaint with ICC over Black Sea ship attack

News sources 1 source

Who is in this story

Then and now 1 USD in lira

Turkish shipping company files complaint with ICC over Black Sea ship attack

News sources 1 source

Who is in this story

Related

Financial Times: Problem in fund sector caused sharp drop in BIST 100

Türkiye ranks 25th in real GDP per capita growth from 1990 to 2025

Capital Markets Board (SPK) assigns İş Bankası and Ziraat Bankası for liquidation of 130 funds

Gürlek: 20 arrests in capital markets; 40 arrested in fruit-and-vegetable investigation

Erdoğan opens İstanbul Airport's 4th main runway running east-west

Inspectors begin audit of hazelnut exchanges, growers protest with tractors in Sakarya

Then and now 1 USD in lira