Tehran Stock Exchange’s main index shed 200.10 points or 0.26% to end Wednesday trade at 78,049.

More than 894 million shares valued at $40.2 million changed hands for the day.

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Iran Mercantile Exchange witnessed the trading of 28 million tons of commodities valued at $16.86 billion in the 10 months to January 19, up 42% and 87% in terms of volume and value respectively…

Iran is considering imposition of additional import duties to support domestic steel producers, who are facing weak demand at home. 

The initiative, though, is subject to approval by…

An estimated 1.2 million tons of bitumen is produced in Iran annually, according to deputy minister of roads and urban development, Kheirollah Khademi.

“Bitumen, as the main material used…

Islamic Republic of Iran Customs Administration has published a new list of goods that will be eligible for reduced import tariffs as part of a Preferential Trade Agreement with Turkey.

National Iranian Copper Industry Company’s subsidiaries Sarcheshmeh, Sungun and Miduk copper complexes produced 805,063 tons of copper concentrate in the nine months to December 20, registering a…

Bank Tejarat and Bank Saderat will publish their new interim financial statements next week and their symbols will reopen for trading at Tehran Stock Exchange, announced Ali Beykzadeh, an official…

Thailand’s economy could grow faster this year than the finance ministry’s forecast of 3.4%, helped by extra government spending and improved exports, a senior ministry official said on Wednesday…

Italian seasonally adjusted industrial orders rose 1.5% month-on-month in November, after gaining a revised 1% in October (previously reported +0.9%), data showed on Wednesday, Reuters reported.…

South Africa’s sovereign credit rating could come under pressure if there is no improvement in its economic growth and fiscal performance, S&P Global Ratings’ sub-Saharan region head said on…

China’s central bank raised interest rates on a key funding tool, the Medium-Term Lending Facility, on Tuesday in its latest bid to cut debt levels and bolster financial stability.

A closely-watched survey of business confidence in Germany, Europe’s largest economy, dropped in January as managers worried about the uncertainty associated with the advent of Donald Trump’s…

World stocks hit a 19-month high on Wednesday, lifted by strong Japanese trade data, stellar European company earnings and hopes that US President Donald Trump will press ahead with a large fiscal…

The economy likely grew 7% in the last three months of 2016, matching the expansion in the two preceding quarters, as manufacturing picked up, Sun Life Financial Philippines said Wednesday.

South Korea, the fourth largest Asian economy, grew 0.4% in the three months to December marking its slowest pace in six quarters as construction investment and exports fell, Business Insider…

Last April President Hassan Rouhani said his government would strive to reduce the galloping inflation rate to single digits. That promise was delivered in June. Next in line was joblessness and…

German manufacturer of molding machines KraussMaffei Group has appointed KaranSimaFam as its new agency in Iran and aims to strengthen its market position in injection molding and reaction…

Iran's score based on the Corruption Perceptions Index improved by two notches in 2016 with 29 out of 100, according to a report by global graft monitor Transparency International.

Iranian steel mills produced 17.89 million tons of crude steel in 2016, registering 10.8% growth compared to the year before, according to a preliminary report  sent by the World Steel…

Iran posted a $1.62 billion trade deficit with Germany in the nine months to December 2016. About 818,000 tons of goods worth $1.8 billion were imported from Germany during the period, registering…

Iran shipped 767,000 barrels per day of crude oil to its European customers last month, inching closer to its pre-sanctions export levels to the continent.

The No. 3 OPEC producer stepped…

Saudi Aramco has shelved plans for a multi-billion-dollar refining and petrochemical joint venture with Petronas in Malaysia, industry sources familiar with the matter told Reuters on Wednesday.…

Tehran is sending the signal that it is open to cooperate with US companies in its key petroleum industry even under the new US President Donald Trump's administration.

Austria's major integrated oil and gas company, OMV, has signed a preliminary agreement with Iran's Dana Energy Co for collaboration in upstream oil and gas exploration/production sector.

In line with policies to complete the value-added chain in oil and gas industries, butane and propane refining units at the site of South Pars Phase 19 have become operational, contractor of Phase…