GO
Loading...

Enter multiple symbols separated by commas

Asia Top News and Analysis Iran

More

  • Turkey attacks Kurdish militants in Northern Iraq Saturday, 25 Jul 2015 | 5:38 AM ET
    Town of al-Qaim at the Iraqi-Syrian border

    Turkish fighter jets, which on Friday attacked Islamic State targets in Syria, launched a wave of airstrikes in northern Iraq on Saturday. The New York Times reports.

  • *Major opening seen after Iran's nuclear deal with powers. VIENNA, July 24- Iran offered to sell state assets to foreigners, said it would cut the government's role in the economy and pledged a tight monetary policy as it sought to attract billions of dollars of investment from abroad after over a decade of isolation. If implemented, they could move Iran's economy...

  • LONDON, July 24- Oil prices neared four-month lows on Friday, set for their fourth straight week of declines, after data showed a contraction in China's factory sector and the dollar rose against a basket of currencies. Data showing activity in China's manufacturing sector shrank at the fastest pace in 15 months in July adds to concern about demand at a time when...

  • *Iran woos European industrial firms after nuclear deal. VIENNA, July 24- Iran expects to rejoin the international electronic payment system SWIFT three months after sanctions imposed on it are lifted and it will also become easier for foreign firms to take part in privatizations in Iran, a senior Iranian official said. The size of the foreign reserves and the...

  • VIENNA, July 24- Iran's foreign reserves total between $115 billion and $125 billion, including assets in its sovereign wealth fund, its industry minister said on Friday in one of the most detailed public descriptions of the reserves by an Iranian official. The size of the foreign reserves and the way in which Iran uses them will be crucial in its efforts to...

  • LONDON, July 24- Oil prices hovered near four-month lows on Friday after data showed a contraction in China's factory sector and the dollar rose against a basket of currencies. "Concerns around the demand environment were heightened further today by the PMI read out of China," said Michael McCarthy, chief market strategist at CMC Markets in Sydney.

  • LONDON, July 24- Brent crude oil prices neared four-month lows on Friday after data showed a contraction in China's factory sector and the dollar rose against a basket of currencies. "Concerns around the demand environment were heightened further today by the PMI read out of China," said Michael McCarthy, chief market strategist at CMC Markets in Sydney.

  • Cramer: Smartest stocks of the S&P riptide Thursday, 23 Jul 2015 | 6:12 PM ET
    A multirotor quadcopter drone used for aerial photography flies near a wind turbine.

    Jim Cramer shares the strongest themes of the market, now that the bulk of earnings season is over.

  • Kerry defends Iran deal in front of Senate Thursday, 23 Jul 2015 | 4:09 PM ET
    Secretary of State John Kerry, Secretary of Energy Ernest Moniz, and Secretary of the Treasury Jacob Lew testify during a hearing before the Senate Foreign Relations Committee July 23, 2015 on Capitol Hill in Washington, DC.

    Testifying before a skeptical Senate committee, Secretary of State John Kerry showed support of the Iran nuclear deal. The NYT reports.

  • VIENNA, July 23- Western firms are itching to return to Iran if sanctions are lifted, but to truly fulfil its potential Tehran should do more to make its business practices efficient and its environment welcoming, executives said at a trade conference. Not in Vienna, "said deputy oil minister Amir Hossein Zamaninia referring to domestic opponents to an historic...

  • Senate committee probes Iran deal Thursday, 23 Jul 2015 | 1:15 PM ET
    Senate committee probes Iran deal

    Secretary of State John Kerry; Energy Secretary Ernest Moniz; and Treasury Secretary Jack Lew testify before Senate. CNBC's Hampton Pearson reports.

  • Less than 10 days after signing its nuclear deal, Iran formally threw open its doors Thursday to European Union companies, eager to do business— and dozens of firms answered the call. But even more than oil and gas are at stake, with Iranian officials also pitching the mining sector, Iran's automotive industry, and the financial sector, at what they bill as the first...

  • BERLIN— In the race to secure business deals with Iran, Germany was quickest out of the blocks. On Sunday, Economy Minister Sigmar Gabriel became the first senior Western official to visit Iran following last week's agreement to ease sanctions on the Islamic nation in exchange for concessions on its nuclear program. Last year, Germany imported goods worth 295...

  • *Iran wants "two-way trade" with Europe- minister. VIENNA, July 23- Iran outlined plans on Thursday for the rebuilding of its core industries and trade links in the wake of a nuclear agreement with world powers, saying it was targeting oil and gas projects worth $185 billion by 2020.. The United Nations Security Council on Monday endorsed a deal to end years of...

  • *OPEC members say price drop short term. "Demand is reasonably buoyant in the United States, but there's just so much supply," said Ben Le Brun, market analyst at OptionsXpress in Sydney. U.S. crude for September delivery was 11 cents higher at $49.30 by 0300 GMT, after dropping $1.67 on Wednesday to settle below $50 for the first time since April.

  • Here's the next stop now that US oil cracked $50 Wednesday, 22 Jul 2015 | 3:23 PM ET
    A worker prepares to lift drills by pulley to the main floor of Endeavor Energy Resources LP's Big Dog Drilling Rig 22 in the Permian basin outside of Midland, Texas.

    U.S. oil futures closed below the psychologically important $50 level—possibly signaling more declines to come and a retest of the March lows.

  • Why the Iran deal is like the financial crisis Wednesday, 22 Jul 2015 | 12:31 PM ET
    Iranian President Hassan Rouhani.

    The Iran deal's American negotiators didn't heed the lessons of the financial crisis when they struck the nuclear accord, says Rabbi Benjamin Blech.

  • *Indian refiners owe Iran more than $6.5 billion. NEW DELHI, July 22- India's top financial official will visit Iran this weekend to discuss how to pay its oil import dues, sources said on Wednesday after the deal Tehran struck with world powers to curb its nuclear program in return for the lifting of sanctions. The rest was settled in rupees through UCO Bank and...

  • Washington Post seeks UN agency help in freeing reporter Wednesday, 22 Jul 2015 | 9:45 AM ET

    WASHINGTON— The Washington Post has filed an urgent petition with the United Nations in the hopes that the institution will pressure Iran to release journalist Jason Rezaian, the newspaper's top editor and lawyers told U.S. reporters on Wednesday. The Post's lawyers and his family have denied the allegations and say Iran has no credible evidence to keep...

  • Indian official to visit Iran to discuss oil dues Wednesday, 22 Jul 2015 | 8:37 AM ET

    NEW DELHI, July 22- India's top financial bureaucrat will visit Iran this weekend to discuss how to pay its oil import dues, sources said on Wednesday, after Tehran struck a deal with world powers to curb its nuclear program in return for the lifting of sanctions. Finance secretary Rajiv Mehrishi will lead a delegation to Iran from July 25-27, said three sources...