US Asks World Court to Deny Iran Claims Over Frozen Assets

The United States on Wednesday asked judges at the International Court of Justice in The Hague to dismiss claims by Tehran that Washington illegally allowed courts to freeze assets of Iranian companies.
Iran brought the case against Washington in 20…

The United States on Wednesday asked judges at the International Court of Justice in The Hague to dismiss claims by Tehran that Washington illegally allowed courts to freeze assets of Iranian companies. Iran brought the case against Washington in 2016 for  breaching a 1955 friendship treaty by...

US Asks World Court to Deny Iran Claims Over Frozen Assets

The United States on Wednesday asked judges at the International Court of Justice in The Hague to dismiss claims by Tehran that Washington illegally allowed courts to freeze assets of Iranian companies.
Iran brought the case against Washington in 20…

The United States on Wednesday asked judges at the International Court of Justice in The Hague to dismiss claims by Tehran that Washington illegally allowed courts to freeze assets of Iranian companies. Iran brought the case against Washington in 2016 for  breaching a 1955 friendship treaty by...

Gov’t Bond Sale Plunges by Half

Bond sale by the government was around 13 trillion rials ($43.3 million) in the last Iranian week – down 43% on the week before. 
Bond auctions are held every week to help plug the government’s budget deficits. The main buyers are banks, non-bank cr…

Bond sale by the government was around 13 trillion rials ($43.3 million) in the last Iranian week – down 43% on the week before.  Bond auctions are held every week to help plug the government’s budget deficits. The main buyers are banks, non-bank credit institutions, investment funds and...

TEDPIX Logs 2% Weekly Decline  

Grappling with deep recession and liquidity crunch, Tehran’s share market notched another weekly loss in the last trading week. 
The main losers were blue chips comprising large caps and commodity stocks seen in the 2% decline in the main index of t…

Grappling with deep recession and liquidity crunch, Tehran’s share market notched another weekly loss in the last trading week.  The main losers were blue chips comprising large caps and commodity stocks seen in the 2% decline in the main index of the Tehran Stock Exchange, TEDPIX.  The TSE...

Iran's Foreign Debt at $7b

Iran’s foreign debt was $7.173 billion by the end of the fourth calendar month ending July 22, the CBI said Tuesday. The amount was almost $1.5 billion or 17% lower compared to the last fiscal year that ended in March. 
Medium and long-term debt was…

Iran’s foreign debt was $7.173 billion by the end of the fourth calendar month ending July 22, the CBI said Tuesday. The amount was almost $1.5 billion or 17% lower compared to the last fiscal year that ended in March.  Medium and long-term debt was $5.4 billion – nearly 75% of the total. Short-...

TEDPIX Lost 3,000 Points in Weekly Trade

The Tehran Stock Exchange’s main index TEDPIX lost 3,000 points or 0.21% during the week to Sept. 2 to close at 1,439,396.42.
Trading in Iran’s stock markets starts on Saturday and ends Wednesday.
The TSE’s equal-weighted index climbed 0.9%, showin…

The Tehran Stock Exchange’s main index TEDPIX lost 3,000 points or 0.21% during the week to Sept. 2 to close at 1,439,396.42. Trading in Iran’s stock markets starts on Saturday and ends Wednesday. The TSE’s equal-weighted index climbed 0.9%, showing that small caps were laggards. The main...

$۸۰m Bonds Sold 

The government sold 23 trillion rials ($79.3 million) bonds in the latest auction held weekly to raise funds for its budget deficits.  
Banks, non-bank credit institutions, investment funds and institutional investors in the stock market are the mai…

The government sold 23 trillion rials ($79.3 million) bonds in the latest auction held weekly to raise funds for its budget deficits.   Banks, non-bank credit institutions, investment funds and institutional investors in the stock market are the main buyers of bonds.  This week buyers in the...

TEDPIX Closes Slightly Lower

The benchmark of Tehran Stock Exchange, TEDPIX, lost 1,840.43 points or 0.13% on Wednesday to end trading week at 1,439,376.
A total of 5.27 billion shares valued at 43.06 trillion rials ($148.5 million) changed hands at TSE for the day.
Trading at…

The benchmark of Tehran Stock Exchange, TEDPIX, lost 1,840.43 points or 0.13% on Wednesday to end trading week at 1,439,376. A total of 5.27 billion shares valued at 43.06 trillion rials ($148.5 million) changed hands at TSE for the day. Trading at TSE and junior equities exchange Iran Fara...