Why a Chinese slowdown isn't scary

07/22/2013

The figures haven't been kind to China lately. Gone are the days of double digit growth, trade data have weakened, credit markets have overheated and fears of a housing bubble remain. But despite the bearish headlines, the long-term picture for China looks quite good and a slowdown might actually be healthy, according to HSBC.

Iran’s quarterly rice imports up 140%

07/22/2013

Iran imported $609 million worth of rice in the first quarter of the current Iranian calendar year (March 21-June 21), which showed 140 percent rise compared to the same period in the previous year.

Iran signs deal to export gas to Iraq

07/22/2013

Iran and Iraq signed a high profile agreement on Sunday according to which Iran will supply natural gas to Al-Baghdad, Al-Mansouriyah and Sadr power plants in Iraq.

The sluggish silk road: China’s growth slows to 7.5%

07/16/2013

The slowdown most experts expected has finally set in - Chinese GDP growth slowed to 7.5 percent in the second quarter, unhinging skepticism but hardly effecting stocks and indexes.

Iran’s 3-month cement output surpasses 19m tons

07/16/2013

Iran produced 19.3 million tons of cement in the first three months of the current Iranian calendar year, which began on March 21, according to the secretary of the union of cement industry employers.

What's important in Asia this week

07/09/2013

It's the turn of Asia's central banks to take center stage this week after central banks in Europe hogged the market spotlight last week.

Hong Kong sees no shelter from housing storm

07/09/2013

A combination of slowing demand from mainland Chinese buyers, higher interest rates and tight property restrictions could present a perfect storm for Hong Kong's real estate market, according to an economist at HSBC.