EghtesadOnline: Governor of the Central Bank of Iran said at the weekend Japan has resumed importing Iranian oil after China, South Korea, India and Turkey.
EghtesadOnline: China’s state-run energy giant is making a new approach to strike a $3 billion Iranian oil field, seeking to take advantage of waivers allowed under US sanctions even as two European nations have ended crude purchases, according to people familiar with the matter.
EghtesadOnline: World stocks extended their gains to hit a near-four week high and oil prices rose on Wednesday on optimism that the United States and China may be inching toward a trade deal, soothing fears of an all-out trade war.
EghtesadOnline: Oil prices climbed 2 percent on Wednesday as the extension of U.S.-China talks in Beijing raised hopes that the world’s two largest economies would resolve their trade standoff.
EghtesadOnline: Chinese and U.S. teams ended trade talks in Beijing on Wednesday that lasted longer than expected and officials said details will be released soon, raising hopes an all-out trade war that could badly disrupt the global economy can be avoided.
EghtesadOnline: Iran is keen to forge closer ties with China as a rising economic power, Foreign Minister Mohammed Javad Zarif said, while urging the East Asian country to resist US bullying and unilateralism.
EghtesadOnline: As China’s Bank of Kunlun officially resumed its transactions with Iran after a one-month pause this week, the bank's scope of work falls short of what Iranian businesses had hoped for as the bank hews strictly to the US sanctions regime.
EghtesadOnline: The main Iran-China banking channel is functioning after China's Bank of Kunlun resumed services for Iranians on Monday, deputy president of Iran-China Chamber of Commerce and Industries said.
EghtesadOnline: China’s Shanxi Taihang Mining Co. Ltd, known as CSTM, is now taking operational steps to apply the Iranian direct-reduction technology called PERED, or Persian Reduction, invented and patented by Mines and Metals Engineering GmbH, an Iranian engineering company registered in Germany.
EghtesadOnline: Senior officials of Tehran Chamber of Commerce, Industries, Mines and Agriculture met with Chinese counterparts and made proposals to maintain trade with the major partner in the face of reimposed US sanctions.