Total losses from a structured crude oil product marketed to retail investors by the Bank of China could be more than ($1.27 billion), the Caixin financial news outlet reported on Sunday, citing official sources.
News ID: 9246 Publish Date : 2020/04/26
The spokesman for Iran’s administration lashed out at the US for its attempts to block Tehran’s request for an emergency International Monetary Fund loan to fight the coronavirus, saying the US is legally in no position to obstruct the activities of international organizations.
News ID: 9131 Publish Date : 2020/04/13
It would be unacceptable for the International Monetary Fund to unfairly refuse Iran’s application for a loan that it needs for the fight against the coronavirus, Iranian President Hassan Rouhani said.
News ID: 9085 Publish Date : 2020/04/08
Exchange-traded-fund holdings of platinum have fallen sharply this month, while holdings of gold keep rising, Commerzbank said. After big inflows last week, holdings in gold ETFs tracked by Bloomberg increased by another 16 metric tons Monday, putting them above 90 million ounces or over 2,800 tons for the first time, the bank pointed out.
News ID: 8995 Publish Date : 2020/03/31
Iran lashed out at the World Bank for not inviting the country to an initiative by the WB and the International Monetary Fund (IMF) to coordinate efforts in the Middle East and North Africa (MENA) region to fight against the coronavirus pandemic.
News ID: 8836 Publish Date : 2020/03/23
A group of Iranian nationals are suing troubled British lender Metro Bank for suspending their accounts without prior notice or explanation.
News ID: 8773 Publish Date : 2020/03/18
Bank s have slashed their global and U.S.-specific growth forecasts due to the COVID-19 outbreak, stating that recession is on its way.
News ID: 8752 Publish Date : 2020/03/17
Iran's gross domestic product in the third quarter of the current Iranian year (March 21-Dec. 21, 2019) stood at +1.2%, Governor of the Central Bank of Iran Abdolnasser Hemmati wrote in an Instagram post.
News ID: 8737 Publish Date : 2020/03/16
The Ministry of Economy has sent requests to multilateral development banks, in which Iran is a member, for financial and non-financial assistance for controlling, combating and treating the coronavirus.
News ID: 8719 Publish Date : 2020/03/14
Oil prices rebounded more than $1 a barrel after earlier hitting multi-year lows on Monday, as hopes of a deeper cut in output by OPEC and stimulus from central banks countered worries about damage to demand from the coronavirus outbreak.
News ID: 8547 Publish Date : 2020/03/02
Around 96pc of China's major steelmakers and about two thirds of the entire industry is operational, but smaller mills and electric-arc furnace (EAF) producers face acute disruptions amid the coronavirus outbreak, government and industry bodies said.
News ID: 8474 Publish Date : 2020/02/24
For European businesses, it is a period of high uncertainty in Iran. No one can envy the challenges of decision-making facing their CEOs.
News ID: 8279 Publish Date : 2020/01/10
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati announced that his country’s petrochemical sector will witness a significant growth with a huge investment of up to $3.7 billion by People's Bank of China.
News ID: 8165 Publish Date : 2019/12/31
Trade tensions, weaker investment and rising inflation have further weighed on the economic outlook for Asia-Pacific over the past three months, the Asian Development Bank (ADB) said.
News ID: 7909 Publish Date : 2019/12/11
Governor of the Central Bank of Iran (CBI) Abdolnassder Hemmati said Tehran and Muscat have paved the way for facilitating financial transactions
News ID: 7810 Publish Date : 2019/12/08
The 6th International Exhibition of Exchange, Bank ing, Insurance and Privatization (Kish Invex 2019) opened in the Southern Iranian Persian Gulf Island of Kish.
News ID: 7493 Publish Date : 2019/11/19
Indian steel market participants expect steel demand will pick up after the government increases public spending and brings in favourable policy reforms in October.
News ID: 6184 Publish Date : 2019/08/26
Refused a loan by a state-run lender and desperate for funds to buy cotton seeds before the summer sowing season window closed, Indian farmer Babasaheb Mandlik ran out of choices – he pawned his wife’s gold jewellery.
News ID: 6120 Publish Date : 2019/08/22
The latest round of US tariffs on China could push Beijing to buy Iranian oil as a retaliationf, Bank Of America Merill Lynch announced.
News ID: 5787 Publish Date : 2019/08/06
Afghanistan and Pakistan have announced readiness to open bank branches in Iran’s free zones or the mainland, according to a Foreign Ministry official in Tehran.
News ID: 5441 Publish Date : 2019/07/24