TEDPIX Tuesday Trade Tepid

TEDPIX Tuesday Trade Tepid

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Tehran Stock Exchange’s main index lost 191.58 points or 0.20% to end Tuesday trade at 96,991. About 802 million shares valued at $38.41 million changed hands at TSE for the day. Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday. Khorasan […]

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US Top Court Refuses to Hear Bank Melli Appeal of Ruling

US Top Court Refuses to Hear Bank Melli Appeal of Ruling

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The US Supreme Court on Monday declined to take up Iranian government-owned Bank Melli’s appeal of a lower court ruling that allowed victims of militant attacks allegedly backed by Iran to seek millions of dollars in compensation from the bank. The justices left in place the […]

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Global Markets Snap Four-Day Losing Streak

Global Markets Snap Four-Day Losing Streak

The threat of a trade war is not the only source of tension for the world’s financial markets while investors have become increasingly concerned that US inflation could finally pick up and lead to fast interest rate hikes Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Share markets in Asia and Europe regained ground […]

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Big Four dominate FTSE 250 audit market in Q1 rankings

Big Four dominate FTSE 250 audit market in Q1 rankings

Reported by HPMM Group according to ACCOUNTANCY AGE ;    Auditor rankings reveal that 241 of FTSE 250 companies are audited by Big Four firms PwC has taken the lead as the firm with most FTSE 250 audit clients, jumping from third position, according to the Q1 auditor rankings from Adviser Rankings. By adding six new clients […]

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Weakening Dollar Sends Warning on US Economy

Weakening Dollar Sends Warning on US Economy

Some but probably less than half of the dollar’s weakness can be explained by higher than expected inflation in the US Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The US currency slipped from its six-week high that it touched on March 1, after US President Donald Trump announced plans to levy hefty tariffs […]

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World Shares Mixed

World Shares Mixed

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    World shares were mixed on Monday as investors evaluated China’s annual economic growth forecast and pledges for further reforms. Italian shares slumped after uncertain election results paved the way for political deadlock. France’s CAC 40 was up 0.4% at 5,159.70, Germany’s DAX rose 0.3% to 11,954.18 […]

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Experts Explore Sources of Economic Predicaments

Experts Explore Sources of Economic Predicaments

Public resources change into economic opportunities for a select few through their inefficient allocation by the decision-making body Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Iranian economist Hossein Raghfar said the decision-making establishment in the country is at the heart of all the problems Iranians faced in the current fiscal year (March 2017-18). […]

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Iran’s Growth Promise Index Improves

Iran’s Growth Promise Index Improves

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    Iran has registered one of the notable changes on the index of Growth Promise Indicators in 2018 by jumping six spots compared to last year’s survey to score 4.13 out of 10 and rank 98 out of180 countries. This was announced by KPMG, a Holland-based global […]

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MRC Backs Banking Reforms With a Caveat

MRC Backs Banking Reforms With a Caveat

The Majlis Research Center has approved the general outlines of the government’s proposed bill to reform the banking system, but calls for fortifying other proposals with the one put forth by parliamentarians to be fully acceptable Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The research arm of Iran’s Parliament has recommended that the […]

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Seif: Banking Relations a Far Cry From Before JCPOA

Seif: Banking Relations a Far Cry From Before JCPOA

Reported by HPMM Group according to FINANCIAL TRIBUNE ;    The governor of the Central Bank of Iran said on Monday Iran’s banking relationship with the outside world is incomparable with what it was before the nuclear deal was reached between Iran and word powers, which is formally known as the Joint Comprehensive Plan of Action. […]

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