Middle East CEOs worry about region's youth boom

04/17/2013

Business leaders across the Middle East are anxious that a large and growing young population could threaten future stability and lead to escalating unemployment.

China luxury car club stirs class tension

04/17/2013

To join China's Sports Car Club (SCC), you need two things. First, you have to be able to pay a 10,000 yuan ($1,616) annual membership fee. Second, you need access to an unbelievably expensive sports car

Are anti-corruption campaigns causing China's economy to slow?

04/17/2013

China's economy delivered a surprise this week, posting a first-quarter GDP growth rate of 7.7 percent year over year. That's lower than economists were expecting, and it underscores the fragility of China's economic recovery from the doldrums of 2012.

Drop in gold prices benefits India

04/17/2013

With gold accounting for a hefty portion of India's import bill, the world's top consumer of the precious metal will likely be the biggest beneficiary of the steep fall in prices, said economists, a day after gold had its biggest one-day drop ever.

Over 1,000 domestic, foreign firms to attend Iran major oil exhibit: Official

04/17/2013

The 18th International Oil, Gas, Refining, and Petrochemical Exhibition will be held at Tehran’s permanent International Fairgrounds on April 18-21.”

Iran’s electricity exports up 29% year on year

04/17/2013

Iran exported 11.054 billion kilowatt hours of electricity to its neighboring countries in the past Iranian calendar year, which ended on March 20, showing 29 percent rise year on year, the Fars News Agency reported.

Has China's economy hit a dead end?

04/16/2013

China's disappointing economic growth that came in at 7.7 percent in the first quarter, when the market was expecting an expansion of 8 percent, is leading to a loss of confidence in the outlook for the world's second largest economy.

Iran gasoline exports to hit 30m liters per day by 2015: Official

04/16/2013

Iran's Deputy Oil Minister Alireza Zeighami says the Islamic Republic is expected to export 30 million liters of gasoline per day by 2015, despite the illegal U.S.-led sanctions against the country.