Diversified investment funds had the highest average returns of about 21% for the year Reported by HPMM Group according to FINANCIAL TRIBUNE ; Atotal of 213 mutual and exchange-traded funds in Iran’s capital market posted an average return of 17.5% during the previous fiscal year (March 2017-18), data released by Financial Information Processing of Iran […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran has proposed conducting a project with Russian Railways to electrify a 3,000-kilometer railroad that might cost up to €۳ billion ($3.7 billion), the company’s First Deputy CEO Alexander Misharin said on Monday. “Three thousand kilometers, a big project, we agreed to sit down at the […]
The new measure in effect ended the dual foreign exchange rates and saw the official USD rate rise above 40,000 rials after 28 months According to CBI, any trading of US dollar outside the banking system and authorized exchange shops would be considered contraband Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Central […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Tehran Stock Exchange’s main index lost 372.69 points or 0.38% on Tuesday compared to the day before to end trade at 96,748. About 759 million shares valued at $27.84 million changed hands at TSE for the day. Trading at TSE and Iran Fara Bourse starts on […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Bank Melli Iran, the nation’s biggest bank, is set to issue its first-ever housing bonds soon and experts believe that will lead to a drop in the price of bonds in the over-the-counter Fara Iran Bourse. In early January, BMI announced that it has launched a […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; China should make better use of the country’s funds by looking to invest its large capital reserves in real assets, not United States Treasury bonds, an adviser to China’s central bank said on Monday. “We are a low income country, but we are a high wealth […]
According to the Nobel Prize winning economist “What Japan is doing right now is appeasement. Trump is a bully and appeasement won’t work. You have to retaliate” US President Donald Trump’s threats to slap tariffs on trading partners’ exports as a way of wringing concessions from them sets “a very dangerous precedent”, warned Nobel Prize […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The world economy, which is gradually recovering from a weak performance in the past 10 years, demands stability instead of trade conflict between the two largest economies, experts said at the opening day of Boao Forum for Asia Annual Conference 2018. The open trade system is […]
Eurozone government bond yields held near recent lows on Monday on concerns over European and global economic growth Reported by HPMM Group according to FINANCIAL TRIBUNE ; Investor morale in the eurozone deteriorated for the third month in April, a survey showed on Monday, on concerns about a slowdown in global growth as trade […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran’s government decided to finally put an end to the dual foreign exchange regime, in an attempt to control the bullish foreign exchange and gold markets and promote safety of foreign investments. The decision was made during an emergency meeting presided by President Hassan Rouhani on […]
