South Korea's current account surplus dropped slightly in 2016 from a year earlier due mainly to decreased exports, data by the central bank showed on Tuesday.
S. Korea's current account surplus declined in 2016
An economic expert has urged the government to sign new contracts with major international oil companies to expedite the development of oil and petrochemical projects.
Gov't urged to sign new deals with int'l oil firms
Indonesia is a major destination for Iranian businessmen, said head of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA).
ICCIMA: Indonesia major destination for Iranian businessmen
Georgia is applying the lowest tariffs for cargo transportation via the South-West corridor, said the chairman of the Georgian Railway LLC in Baku on Monday.
Georgia says has lowest fee in South-West transport corridor
Italy's Eni is preparing to sign a preliminary agreement to study Iran's Kish gas field and Darkhovin oilfield.
Iran, Eni to sign MoU on Kish, Darkhovein fields
Iran produced 6.053 million tons of iron ore concentrates during March 21-May 21 indicating an increase of 43 percent compared to the figure for the same two months last year.
Iran produces over 6m tons of iron ore concentrates in two months
By William Keegan* When I suggested before the election that an ideal outcome would be a hung parliament and a coalition to think again on Brexit, I was certainly not thinking of the DUP. But, as Harold Macmillan once said: “Here we are, and the question is: Where do we go from here?”
Brexiters have voted for a poverty even worse than austerity
Japan had a surprise trade deficit in May, as stronger-than-expected imports overpowered the best export growth in more than two years.
Japan has surprise deficit as import growth beats exports
Resurgent growth is reviving one of the past decade’s hottest trades.
Emerging market investors think the BRICS are back
Oil production by member states of the Organization of Petroleum Countries (OPEC) jumped in May, despite the exporter group agreeing last month to extend its six-month deal to cap output into 2018.
OPEC oil production rises in May

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