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September 15, 2025
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  • World Economy
    Euro-Dollar Parity Likely in 2017
    December 30,2016

    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.

    news
  • World Economy
    Small Business Owners in US Upbeat on Economy
    December 30,2016

    Donald Trump’s election as president has made many small business owners more upbeat about 2017.

    news
  • World Economy
    South Korea Cuts 2017 Growth Projection
    December 30,2016

    The South Korean government cut its growth projection for next year to 2.6% from 3%, reflecting tepid domestic consumption and weak exports.

    news
  • World Economy
    Brazil’s Joblessness Reaches 11.9 Percent
    December 30,2016

    The 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…

    news
  • World Economy
    Sri Lanka Keeps Rates Unchanged
    December 30,2016

    Sri 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…

    news
  • World Economy
    India Forex Reserves Fall
    December 30,2016

    India’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…

    news
  • World Economy
    Ghana GDP Shrinks
    December 30,2016

    Ghana’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…

    news
  • World Economy
    Ecuador Economy to Grow 1.42%
    December 30,2016

    Ecuador’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…

    news
  • Economy, Domestic Economy
    Malaysia to Hold Palm Oil Events in Tehran
    December 30,2016

    The 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…

    news
  • Economy, Domestic Economy
    Iran, Kyrgyzstan Expanding Economic Cooperation
    December 30,2016

    Kyrgyzstan 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…

    news
  • Economy, Domestic Economy
    Exports From Industrial Parks Reach $1.4b
    December 30,2016

    About $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…

    news
  • Economy, Domestic Economy
    Tehran-Baku Railroads’ Full Connection Not Until 2020
    December 30,2016

    Although 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…

    news
  • Domestic Economy
    S. Korean Firm to Transfer Shipbuilding Technology
    December 30,2016

    Daewoo Shipbuilding & Marine Engineering announced on Thursday an agreement with the Industrial Development and Renovation Organization of Iran for the transfer of shipbuilding technology.…

    news
  • Economy, Domestic Economy
    30% Rise in Non-Oil Exports to Pakistan
    December 30,2016

    Iran 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…

    news
  • Economy, Domestic Economy
    Foreign Brands Dominate Iran’s Home Appliances Market
    December 30,2016

    Home 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…

    news
  • World Economy
    Turkey Growth Confidence Falls
    December 30,2016

    Confidence 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…

    news
  • World Economy
    China Vows to Open Up Economy
    December 30,2016

    Beijing 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…

    news
  • World Economy
    Vietnam Posts Trade Surplus
    December 30,2016

    Vietnam 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…

    news
  • World Economy
    New Reality Dawns on (P)GCC Economy
    December 30,2016

    The (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…

    news
  • World Economy
    Finnish Economy to Grow Faster Than Forecast
    December 30,2016

    Mika 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…

    news
  • World Economy
    Russia PMI at 49-Month High
    December 30,2016

    Activity 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…

    news
  • World Economy
    Bangladesh to Maintain Growth Pace
    December 30,2016

    With 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.

    news
  • National
    Capability to Counter Threats Underscored
    December 30,2016

    Deputy 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…

    news
  • National
    Syria Ceasefire a Major Achievement
    December 30,2016

    Foreign 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…

    news
  • National
    Call for Closer Italy Relations
    December 30,2016

    President 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…

    news

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