The amount of foreign investment in Iran’s capital market, including direct and portfolio investment, has reportedly quadrupled since the implementation of the landmark nuclear deal known as the Joint Comprehensive Plan of Action in mid-January 2016 A handful of foreign entities with huge stakes in listed companies from the chemical sector make up more than […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Tehran Stock Exchange’s main index lost 130.70 points or 0.13% to end Wednesday trade at 96,860.3. About 613 million shares valued at $38 million changed hands at TSE for the day. Trading at TSE and Iran Fara Bourse starts on Saturday and ends on Wednesday. Pars […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; After a year in the recovery ward, 2017 results show some banks are healing. The most serious illness, negative rates, is stubbornly resistant however. The danger remains that banks may not recover before another disease–financial or technological–strikes. European banks have been in the recovery ward for […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; Iran’s Economy Minister Masoud Karbasian met with his Russian counterpart Maxim Oreshkin in Moscow on Monday. The two sides emphasized the need to expand economic cooperation, Mehr News Agency reported. Leading an economic delegation, Karbasian left Iran for Moscow on Sunday for a three-day visit and […]
Announcing that the Tehran commerce chamber would soon send a letter to President Hassan Rouhani over his foreign exchange policies, Masoud Khansari, the TCCIM chief, repeated the private sector’s perennial gripe about the government’s monetary policies Reported by HPMM Group according to FINANCIAL TRIBUNE ; With the government’s rescue package reining in the foreign exchange […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The Iranian National Tax Administration collected 800 trillion rials ($17.7 billion) in tax during the first 11 months of the current Iranian year (March 21, 2017-Feb. 19). INTA’s deputy head, Nader Jannati, also told Fars News Agency on Tuesday that direct tax returns stood at about […]
Reported by HPMM Group according to FINANCIAL TRIBUNE ; The 24th Executive Committee and the 16th General Assembly of the Economic Cooperation Organization’s Chamber of Commerce and Industry (ECO-CCI) was held in Tehran from March 3 to 5. This was the first time in the past 50 years that representatives from all 10 ECO members, […]
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 […]
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 […]
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 […]
