Top Economy stories | Tasnim News Agency
BRICS, SCO, EAEU Opening Major Economic Opportunities for Iran: President
TEHRAN (Tasnim) – President Masoud Pezeshkian said Iran’s active participation in BRICS, the Shanghai Cooperation Organization, and the Eurasian Economic Union is creating significant economic opportunities, including expanded regional markets for traders and investors.
Tech Sector Hit Hard as Global Stocks Retreat on Ambiguous US Jobs Data
TEHRAN (Tasnim) - Asian equities sank on Friday, extending a global selloff after a closely watched US jobs report failed to clarify the Federal Reserve’s near-term policy path, rattling investors already uneasy about stretched tech valuations.
Bitcoin Slides Below $84,000 in Extended Selloff
TEHRAN (Tasnim) - Bitcoin fell below $84,000 early on Friday for the first time since mid-April, extending a selloff that has erased more than 22% of its value in the past month.
SCO Meeting in Russia Prioritizes Economic Cooperation: Iran’s Envoy
TEHRAN (Tasnim) – Iran’s ambassador to Russia highlighted the economic focus of the Shanghai Cooperation Organization’s Council of Heads of Government summit underway in Moscow.
Japan’s Economy Contracts on US Tariffs
TEHRAN (Tasnim) – Japan’s economy shrank nearly 2% in the three months through September.
Iran, Tajikistan Move to Expand Aviation Ties with New Agreement
TEHRAN (Tasnim) – Iran and Tajikistan will be enhancing aviation partnership through a newly signed cooperation memorandum aimed at strengthening technical, operational, and training collaboration across the industry.
Samsung Hikes Memory Chip Prices by Up to 60% as Shortage Worsens
TEHRAN (Tasnim) – Samsung Electronics this month raised prices of certain memory chips -now in short supply due to the global race to build AI data centers- by as much as 60% compared to September, two people with knowledge of the hikes said.
First Russian Cargo Train Arrives at Iran’s Aprin Dry Port
TEHRAN (Tasnim) – The first transit container train from Russia arrived at Iran’s Aprin dry port, marking a new milestone in Iran’s rail logistics and international trade connectivity.
Iraq to End Fuel Imports As Domestic Production Exceeds Demand
TEHRAN (Tasnim) – Iraqi Prime Minister Mohammed Shia al-Sudani ordered a halt to imports of gasoline, gas oil, and kerosene due to "the country’s achievement of self-sufficiency", the state news agency reported.
Starbucks Sells Majority Stake in China Unit to Boyu
TEHRAN (Tasnim) – Starbucks Corp. will sell control of its China operations to Boyu Capital in a $4 billion deal, aiming to revive growth in a market where local rivals have rapidly expanded.
Pezeshkian Urges Support for Knowledge-Based Businesses
TEHRAN (Tasnim) – The Iranian present called for stronger support for the knowledge-based businesses, urging ministries and companies to help expand innovative enterprises and enhance the export of technological products.
Araqchi Highlights Foreign Ministry’s Push to Facilitate Iran’s Foreign Business
TEHRAN (Tasnim) – Iranian Foreign Minister Abbas Araqchi said his ministry’s mission within the framework of economic diplomacy is to open paths for economic actors and create conditions for their constructive engagement with foreign partners.
European Airlines Resuming Flights to Iran As Direct Vienna-Tehran Route Reopens
TEHRAN (Tasnim) – With the resumption of Austrian Airlines’ direct Vienna-Tehran-Vienna flights as of November 3, the return of major European carriers to Iran has gained new momentum.
Pakistan Eager to Expand Trade with Iran
TEHRAN (Tasnim) – Pakistan’s Federal Minister for Communications Abdul Aleem Khan expressed his country’s commitment to facilitating exports and imports between Islamabad and Tehran in order to accelerate the implementation of bilateral trade agreements.
Afghanistan Eyes Extension of Khaf-Herat Railroad to Mazar-i-Sharif
TEHRAN (Tasnim) – The governor of Afghanistan’s western province of Herat called for Iran’s cooperation to extend the Khaf-Herat railroad up to Mazar-i-Sharif, saying the project will further enhance regional connectivity and economic exchanges between the two neighbors.
Pezeshkian Calls for Common Regional Currency to Boost Development
TEHRAN (Tasnim) – President of Iran Masoud Pezeshkian called for greater unity and cooperation among the regional and Islamic countries, proposing the establishment of a common currency to promote economic growth and integration.
Iran Unveils Plan for Finalization of Contract with Russia on Rasht-Astara Railroad
TEHRAN (Tasnim) – Iran’s Minister of Roads and Urban Development Farzaneh Sadeq said a long-awaited contract with Russia for the completion of Rasht-Astara railroad line will be signed next month.
Iran to Host ECO Ministerial Meeting
TEHRAN (Tasnim) – After a 15-year hiatus, Iran is set to host a meeting of interior ministers of the Economic Cooperation Organization (ECO) in Tehran, reflecting the government’s policy of closer cooperation with neighboring and aligned countries, an official said.
