Depressed domestic prices for longs and poor demand in the Iranian market are forcing local steel producers to adjust to severe conditions.

While some of them, who have already succeeded in…

Iran Mercantile Exchange is planning to start bitumen exports to India, chief executive of the commodity exchange, Hamed Soltani-Nejad, announced.  

Iran’s trade deficit in the agriculture sector during the 10 months to January 19, 2017, narrowed by $308 million over last year’s corresponding period to stand at $2.47 billion.

Serbia is interested in expanding ties with Iran in power sector following the implementation of Iran’s nuclear deal in January last year.

Serbian Minister of Energy and Mining Aleksandar…

Renewable energy accounted for 90% of new power added to Europe’s electrical grids in 2016, according to WindEurope, an association based in Brussels that promotes the use of wind power in Europe…

Iran has resumed electricity export to Iraq after it halted supply in the beginning of the year, according to a Friday report by Mehr News Agency.

The report purported that supplies are…

A global deal to cut oil production has had the unintended consequence of aiding Europe's older refineries by bolstering supplies of light crude while curbing shipments of the heavier grades…

US shale producers are facing their first production cost increase in five years in 2017 as industry activity picks up and energy service providers hike fees to take a bigger share of the profits…

Crude oil output will reach 4 million barrels per day in April, head of the National Iranian Oil Company said on Saturday.

“Oil production was expected to reach 4 million barrels a day by…

Turkish energy company Unit International's deal with the Energy Ministry has been cut down to one-third from an initial agreement to construct power plants in Iran with a total output capacity of…

China will suspend all imports of coal from North Korea starting Feb. 19, the country's commerce ministry said in a notice posted on its website on Saturday, as part of its efforts to implement…

Peru’s economy grew 3% in the fourth quarter from a year earlier—the slowest quarterly expansion in nearly two years—as shrinking investments offset robust mining activity and natural gas drilling…

Pakistan’s current account deficit sharply widened 90.23% to $4.716 billion in the first seven months of the current fiscal year of 2016/17 on soaring import bills and depleting foreign inflows,…

The current macroeconomic indicators show the resiliency of Nepal’s economy, Nepal Rastra Bank said in a report, RSSNepal reported. Releasing the ‘Current Macroeconomic and Financial Situation (…

Qatar’s fiscal space ought to improve on rebound in oil prices and proposed introduction of value added tax, thus avoiding a dip into reserves, and will also see gradual debt reduction ahead,…

German Chancellor Angela Merkel suggested on Saturday that the euro was too low for Germany but made clear that Berlin had no power to address this “problem” because monetary policy was set by the…

Mexico has a clear message for US President Donald Trump: “Don’t try tariffs. We’ll retaliate.”

“From Mexico’s point of view, opening tariffs will be a big mistake,” Mexico’s economic…

The World Trade Organization’s latest World Trade Outlook Indicator suggests that global trade growth will continue to build moderately in the first quarter of 2017 after having strengthened in…

Thousands of people have taken to the streets in Panama in protest over a political scandal involving huge bribes paid by a Brazilian company in exchange for public contracts. Odebrecht has…

Delay in resumption of imports by Iran is likely to hinder the recovery in Indian Basmati rice exports, says India’s investment information and credit rating agency ICRA in its latest update on…

The Central Securities Depository of Iran has announced the Iranian equity markets’ largest companies in terms of the number of shareholders by January 19. At Tehran Stock Exchange, the top three…

Tehran Stock Exchange’s main index gained 409.40 points or 0.53% to end Saturday trade at 77,599.1.

About 975 million shares valued at $86.3 million changed hands for the day.

Pars…

The stock market was quite eventful during the Iranian month of Bahman (January 20-February 18).

Several banks, which were barred from trading, returned to Tehran Stock Exchange, the…

The three-volume ‘Great Events in Religion: An Encyclopedia of Pivotal Events in Religious History’ has been recently published in English by ABC-CLIO, a publishing company headquartered in…

Thirty people representing different Iranian ethnic groups will join the 600 km march from Shiraz to Bushehr to observe the National Persian Gulf Day on April 30.