Iran paid off a part of its $1.9-billion debt to Turkey by supplying natural gas, said a member of Iran's Parliamentary Committee on Energy.
Iran pays Turkey part of $1.9b debt with natural gas supplies
Iran and Azerbaijan signed an agreement for the construction of a 1.4-km railway line and four terminals with high transshipment capacities on Iranian territory with the support of Azerbaijan Railways CJSC.
Azerbaijan to build transshipment terminals in Iran
Iran said the first consignment of high-quality gasoline produced from its recently commissioned Persian Gulf Star Refinery is ready for nationwide distribution.
First fuel batch ready from new Iranian refinery
China and Singapore pledged to cooperate on trade and regional infrastructure projects, in a sign the countries have begun to repair ties strained amid security disputes in Southeast Asia.
China, Singapore vow trade cooperation in sign of warmer ties
There’s a dark cloud building behind the world’s best period of synchronous growth among developed and emerging economies this decade — one that in time could rain down volatility in global markets.
The global economy is rebounding, but there's one big problem
Asian financial centers Singapore and Hong Kong will attract more wealth from within and outside the region in the coming years — a development that will help to propel Asia Pacific to become the world's wealthiest region by 2019, a study by Boston Consulting Group showed.
Wealth growth in Asia puts it on track as world's richest region
The rising cost of foreign package holidays and imported computer games helped to push the UK inflation rate up to 2.9 percent last month from 2.7 percent in April.
UK inflation rate at near four-year high
A senior Iranian oil official said Iran has become a sustainable exporter of oil products supplying petroleum items incessantly throughout the previous year (ended March 20).
Export of oil products sustainable: NIOPDC
Light crude oil exported from Kharg oil terminal to Europe and Asia during the year to March 20, 2017 reached 240 million barrels, indicating an 87-percent growth compared to the figure for the preceding year, announced the managing director of Iran Oil Terminals Company (IOTC).
Iran's light oil export from Kharg up 87%
Iran has signed an agreement with Russia to trade crude oil for products with US dollars entirely absent from the transaction.
Iran's deal with Russia bypasses US dollar through bartering

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