American consumers are the sunniest they’ve been in more than 15 years, Foxnews reported. The Conference Board said Tuesday that its consumer confidence index climbed to 113.7 in December, up from…
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The Philippine economy is expected to achieve its 6.7% growth target for the year following strong growth in the first three quarters, presidential spokesperson Ernesto Abella said, ABS/CBN news…
newsGerman business groups have compared the country's economy to a tanker that will be cruising along without any dynamic acceleration next year, but also steering clear of rough waters to slow it…
newsSpain faces challenges to become an economy with high employment and high wages, Alfredo Pastor, Emeritus Professor of Economics at the IESE Business School in Barcelona, told Xinhua in an…
newsThree of the world’s top 10 economies are ending the year in worse shape than they started. And they’ve only got themselves to blame.
Two referendums and an unparalleled currency experiment…
newsIn a normal year, double-digit returns for the average investor would be a cause of celebration. But 2016 was not a normal year. At the start of 2016, energy investors were in a state of panic.…
newsJapan's factory output rose in November and manufacturers expect to ramp up production in coming months, data showed Wednesday, RTE reported. This underscored the central bank's view that a pick-…
newsThe government of President Hassan Rouhani is among the world’s top five in generating an annual average of 704,000 jobs, a senior presidential advisor said.
“But this extraordinary…
newsEarlier this month, Boeing signed a deal with Iran Air for 80 jetliners valued at $16.6 billion. However, on December 25, Iran Air revealed that it has negotiated to pay only half the announced…
newsClose to 25,000 tons of red meat and 50,000 tons of chicken have been stocked to adjust prices in the domestic market, says the CEO of Livestock Affairs Support Company, affiliated with the…
newsTehran Stock Exchange’s main index lost 109 points or 0.14% to end Wednesday trade at 79,691.8.
More than 1.1 billion shares valued at $55.2 million changed hands for the day.
Tehran…
newsTwenty-three illegal online providers of stock market analysis and investment services have been blocked by Securities and Exchange Organization, SEO’s deputy for legal and securities affairs,…
newsPakistan’s Ministry of Finance has ruled out the Upper House of Parliament’s proposal to discontinue the Rs 5,000 currency note in a bid to reduce the size of informal economy in the country. The…
newsSaudi Arabia is looking to diversify its oil-dependent economy and has already announced cutbacks after its 2015 deficit snowballed to $97 billion. The long spell of lower oil prices has begun to…
newsEven if Zimbabwe has already cleared arrears with the International Monetary Fund’s Poverty Reduction and Growth Trust after paying $108 million on October 20 using its Special Drawing Rights…
newsVietnam’s economic growth eased off in 2016 but remained resilient in the face of a global trade slowdown and environmental disasters, authorities said Wednesday. The country’s GDP picked up in…
newsThe economic climate in Singapore has deteriorated this year, according to companies polled in a new survey, with almost half expecting the coming year to be even worse. This was one of the…
newsBitcoin’s latest price surge showed no signs of slowing, as investors continued to pour into crytocurrency at a time of heightened economic and geopolitical uncertainty. The BTC/USD exchange rate…
newsRussia’s Finance Ministry plans to reach a deficit-free budget in 2019 with the oil price of $45 per barrel, Tass reported. “Only two years ago we ran a budget surplus with the oil price of $105…
newsThe average inflation rate for the Iranian month Azar (ended December 20) stood at 8.6% almost unchanged compared to the previous month, implying that the indicator may be putting the brakes on…
newsThe videogame market in Iran is worth 2 trillion rials (more than $48.4 million at market exchange rate) per month, while Iranian producers and games account for less than 5% of this sum,…
newsThe National Confederation of Entrepreneurs Organization of Azerbaijan and the Iran Chamber of Commerce, Industries, Mines and Agriculture have signed a memorandum of understanding.
The…
newsSwedish Prime Minister Stefan Lofven is scheduled to visit Iran at the head of an economic delegation next February, said Swedish ambassador to AIran Helena Sangeland. She made the announcement in…
newsIranian ports loaded and unloaded more than 93.5 million tons of oil and non-oil products during the eight months to November 20, registering a 6.6% increase compared with last year’s…
newsTehran is hosting an exhibition of domestically-made furniture.
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