The euro is on course to hit parity with the dollar for the first time in more than 14 years, helping the eurozone maintain its recovery by making exports more competitive.
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Donald Trump’s election as president has made many small business owners more upbeat about 2017.
newsThe South Korean government cut its growth projection for next year to 2.6% from 3%, reflecting tepid domestic consumption and weak exports.
newsThe latest national survey on unemployment, released on Thursday by the Brazilian Institute of Geography, showed that for the three-month period that ended in November, the unemployment rate…
newsSri Lanka’s central bank said it is keeping policy rates unchanged in December with inflation rising 4.1% during the year, economynext reported. Credit from commercial banks to private business…
newsIndia’s foreign exchange reserves declined by $935.2 million to $359.671 billion in the week to December 23 on account of fall in foreign currency assets, the Reserve Bank said Friday, PTI…
newsGhana’s gross domestic product, notwithstanding the discovery of oil, has only increased from $28.5 billion in 2008 to a projected $40 billion in 2016, a 40% increase in eight years, according to…
newsEcuador’s central bank expects the Andean nation’s economy to grow by 1.42% in 2017 with respect to 2016, central bank manager Madeleine Abarca said in a press conference on Thursday, Reuters…
newsThe Malaysian Palm Oil Council will hold Malaysia-Iran Palm Oil Trade Fair and Seminar during February 7-8, 2017, in Tehran. Malaysian Minister of Plantation Industries and Commodities Mah Siew…
newsKyrgyzstan attaches special importance to the development of economic relations with Iran.
Kyrgyz Economy Minister Arzybek Kojoshev made the above statement at the Kyrgyz-Iranian Business…
newsAbout $1.4 billion worth of goods were exported from production units located in Iran’s industrial parks during the nine months to December 21, Deputy Minister of Industries, Mining and Trade Ali…
newsAlthough Iran and Azerbaijan have made considerable efforts for connecting the two countries through railroads, it appears that the mission is unlikely to be completed by 2020.
Tehran…
newsDaewoo Shipbuilding & Marine Engineering announced on Thursday an agreement with the Industrial Development and Renovation Organization of Iran for the transfer of shipbuilding technology.…
newsIran exported 1.2 million tons of non-oil goods worth $497.5 million to Pakistan during the eight months to November 20, registering a 30% increase compared with last year’s corresponding period…
newsHome appliances market in Iran is worth 200 trillion rials (more than $4.95 billion at market exchange rate). Domestic production accounts for only a quarter of this sum and the rest is dominated…
newsConfidence in Turkey’s economy weakened among consumers and businesses in December, according to the Turkish Statistical Institute Thursday. The economic confidence index decreased by 18.5% in…
newsBeijing has pledged to open up more economic sectors to foreign investment, an official statement said, as foreign chambers of commerce complain of a worsening business environment in the country…
newsVietnam gained trade surplus of $2.68 billion for the entire year, the general department of customs said, CNA reported. The department said the nation had total trade value of $349.2 billion this…
newsThe (Persian) Gulf Cooperation Council countries’ economies are at crossroads. The slump in oil prices since 2014 has affected the (P)GCC countries in many ways. Unlike previous episodes of price…
newsMika Lintila, the newly-appointed minister of economic affairs, is confident that the national economy will grow in the next two years at a rate exceeding the latest growth forecast of the…
newsActivity in Russia’s services sector surged in December to its highest level in more than four years, the Markit purchasing managers index showed on Friday.
The headline PMI rose to 56.5 in…
newsWith all major economic indicators performing strong in the outgoing year 2016, the economy is showing prospect of maintaining the steady growth pace in 2017, according to Bangladesh Bank.
newsDeputy Commander of the Iranian Army Lieutenant General Ahmad Reza Pourdastan hailed a wargame staged this week by the Air Defense Force, saying the drill conveyed the message that Iran is…
newsForeign Minister Mohammad Javad Zarif welcomed a Russia-Turkey brokered nationwide ceasefire in Syria, which took effect on Thursday night, in the latest bid to end nearly six years of crisis…
newsPresident Hassan Rouhani in a message to Italy’s prime minister-designate highlighted the age-old friendly ties between Tehran and Rome, and called for expansion of relations. Rouhani sent a…
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