Gold demand slowed in India this week as buyers postponed purchases on expectation of a cut in import duty and after a rebound in prices, while it was tepid across other major trading centers in…
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The trade war has already begun. Anger is growing in Mexico, as is resistance to the new economic protectionist policy announced by US President Donald Trump, DW reported. “Trump’s motto has…
newsUnderlying inflation in the eurozone will remain weak for years to come, a survey showed, suggesting that the European Central Bank is still far from scaling back its unprecedented stimulus…
newsTurkey’s central bank faces a major credibility test when it meets on Tuesday, with investors hoping for a significant interest rate hike after attempts to defend the lira with liquidity measures…
newsAs the Trump era officially began on Friday, dealing with US-led trade protectionism and economic uncertainties is becoming the main focus of the South Korean economy.
newsRussia’s Agriculture Ministry expects farming production growth in 2017 to be at the level of the previous years, i.e. 2.5-4%, Minister of Agriculture Alexander Tkachev said on Sunday, Tass…
newsEgypt’s growth rate during the first quarter of fiscal year 2016/17 has seen a 3.4% improvement, said Planning Minister Ashraf al-Araby, NewsNow reported. During a press conference on Sunday,…
newsAlgeria recorded slower third-quarter growth last year despite a significantly better performance from the energy sector, as non-hydrocarbon growth slackened, the government said on Sunday,…
newsSaudi Basic Industries Corp. agreed to buy out Royal Dutch Shell Plc’s 50% stake in a petrochemical joint venture for $820 million, marking the third project with Saudi Arabia’s largest companies…
newsIraq announced the sale of $1 billion in bonds guaranteed by the United States, paying an interest of 2.1%, far below the 9% yield on the country’s non-guaranteed debt.
The US-guaranteed…
newsVenezuelan consumer prices rose 800% in 2016 while the economy shrank 18.6%, according to preliminary central bank figures seen by Reuters, the sharpest economic contraction in 13 years and the…
newsFoxconn, the world’s largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed $7 billion, company chairman and…
newsJapanese business leaders are warning that US President Donald Trump’s protectionist trade policies threaten to undermine a global economy shored up by free trade and investment.
newsAbout two months after a bird flu outbreak hit Iran’s poultry farms, the Society of Day-Old Chicken Producers is warning that the situation might lead to a “catastrophe”, urging President Hassan…
newsIran’s sugar production is estimated to exceed 1.52 million tons by the end of the current fiscal year (March 20, 2017), an official with the Ministry of Agriculture said.
“Domestic demand…
newsSteel, zinc and gold trade was on the rise during the three quarters of the current fiscal year (March 20-December 20, 2016) at Iran Mercantile Exchange, Iranian Mines and Mining Industries…
newsIran Airports Company has delivered free services to the tune of 3.6 trillion rials ($90 million) to military institutions in the last Iranian year (March 2015-16), IAC’s managing director said.…
newsIran’s non-oil foreign trade during the 10 months of the current Iranian year (started March 20, 2016) stood at $70.25 billion, indicating a 5.8% increase compared with the corresponding period…
newsThe mining sector needs to borrow $3 billion from the National Development Fund of Iran for its development and growth, says the head of Iranian Mines and Mining Industries Development and…
newsStocks do not have much going for them these days. The uncertain economic outlook and persistent market depression have dented investor confidence.
Experts believe the equity market is…
newsThe Iranian government is moving to replace aging vehicles in its cargo truck fleet to cap fuel consumption and help contain the country's worsening air pollution.
newsInstitutional investors accounted for the lion’s share of trading at Tehran Stock Exchange during the Iranian month of Dey (December 21-January 19). Their trading comprised 65% and 63% of all…
newsParties to the Astana meeting on the Syrian crisis held preliminary talks in the Kazakh capital, on the eve of 24-hour negotiations between the Syrian government and opposition groups toward…
newsForeign Minister Mohammad Javad Zarif thanked the countries that sympathized with the Islamic Republic over the collapse of a building in downtown Tehran on Thursday that led to the death…
newsA special committee of the Asian Parliamentary Assembly tasked with making preparations for the formation of an Asian parliament will convene in Pakistan in the near future.
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