آرشیو

Asian equities advance but inflation, correction worries persist

Asian markets rose Wednesday following the previous day's losses but investors remain on guard over a possible correction as concerns about asset bubbles and a surge in inflation continue to play against progress in fighting coronavirus.

Bitcoin and Robinhood will end badly for those who can least afford it

By Nouriel Roubini *

Oil rises on demand hopes after days of sell-off

Oil prices rose on Wednesday, boosted by demand hopes on progress made in US vaccine rollouts, while uncertainty over how much supply OPEC+ will restore to the market at its Thursday meeting and a big build in US crude stocks capped gains.

Iran after forming ‘tech diplomacy’: Vice president

Startups are powerful components of Iran’s defense against global sanctions, Vice President for Science and Technology Sorena Sattari said, adding that technology diplomacy is a new approach that Iran tries to build up in the world.

Iran imports over 21m tons of basic goods in 11 months: IRICA

Iran imported 21.4 million tons of basic commodities worth $10.8 billion during the 11 months to February 18, 2021, said the spokesman of the Islamic Republic of Iran Customs Administration (IRICA).

Iran, Pakistan to hold trade webinar today

The Trade Development Authority of Pakistan (TDAP) will hold an online seminar on the expansion of Iran-Pakistan trade on Wednesday, according to the portal of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA).

Energy minister inaugurates 20 water, electricity projects

Iranian Energy Minister Reza Ardakanian inaugurated 20 water and electricity projects, valued at about $138 million, in six provinces through a videoconference on Tuesday.

EIKO signs MoU to implement projects worth $120m in Qom Province

A memorandum of understanding (MoU) worth $120 million was signed between the Headquarters for the Execution of Imam Khomeini’s Order (EIKO) and the governorate of Qom Province on Tuesday.

China considers ways to manage financial risks stemming from capital inflows

China’s top banking and insurance regulator expressed wariness of the risk of bubbles bursting in foreign markets, and said Beijing is studying effective measures to manage capital inflows to prevent turbulence in the domestic market.

Australia’s central bank at cusp of reflation trade girds for long fight

The Reserve Bank of Australia (RBA) signaled it’s ready for a prolonged battle with bond traders betting on a reflation wave sweeping across the global economy.