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economy Archives - Page 14 of 14 - Iran News Daily
China bans initial coin offerings calling them ‘illegal fundraising’ 05 Sep 2017

China bans initial coin offerings calling them ‘illegal fundraising’

Chinese regulators have launched a crackdown on individuals and firms raising funds by offering their own digital currencies. The People’s Bank of China has declared initial coin offerings (ICOs) illegal and wants them to “cease immediately”. A growing number of tech companies are opting to sell digital “tokens” because they are quick, easy and unregulated. […]

Petrochemical exports up by 12% 04 Sep 2017

Petrochemical exports up by 12%

TEHRAN – An NPC official said Iran’s petrochemical industry experienced a 6% percent uplift in production over five months and a 12% rise in exports over four months since beginning of the current Iranian year (began March 21). Director of Production Control in Iran’s National Petrochemical Company (NPC) Alimohammad Bosaghzadeh pointed to five-month statistics for […]