Category: 1. Iran

Pars Today — The successful launch of three Iranian satellites received widespread coverage across international media.

The satellites—Paya, Zafar-2, and Kowsar—were launched from Russia’s Vostochny Cosmodrome aboard a Soyuz…

NEW YORK, ‌Dec 29 : The yen strengthened on Monday in light holiday trading, on track for its fifth gain in six sessions as markets weighed the timing of additional interest rate hikes in Japan and the chances of intervention. 

Bank of Japan…

SEOUL, Dec 29 : South Korean battery material maker L&F said on Monday the value of its 2023 supply deal with Tesla has shrunk to $7,386 from an earlier projection of $2.9 billion, without providing reasons for the sharp cut.

L&F said in 2023 it…

NEW YORK, Dec 29 : ‌U.S. stocks dipped on Monday and gold tumbled from all-time highs at the top of a holiday-shortened week.

The three major U.S. stock indexes ended in negative territory, weighed down by a broad selloff, which was slightly…

SEOUL, ‌Dec 29 : South Korea’s exports this year have surpassed $700 billion for the first time, the ‌trade ministry said ‌on Monday.

The milestone of $700 billion was hit as of 0403 GMT on Monday, the ‍ministry said.

Exports from Asia’s…

SEOUL/MOSCOW, Dec 29 : South Korean automaker Hyundai is not in a position to repurchase its former manufacturing plant in Russia due to the continuing war in Ukraine, a source familiar with the matter told Reuters, as a buyback option appears…

Dec 29 : Britain’s ‌Octopus Energy said on Monday it will spin off its technology arm, Kraken, as an independent company valued at $8.65 billion, after a funding round led by U.S. investment firm D1 Capital Partners.

Kraken supplies energy…

SEOUL, Dec 29 : ‌South Korean e-commerce company Coupang announced on Monday a compensation deal worth 1.69 trillion won ($1.18 billion) to holders of 33.7 million accounts for a massive data leak that triggered a backlash from users and…

MOSCOW, Dec ‌29 : A joint venture controlled by Russian billionaire Vladimir Potanin has acquired a 25 per cent stake in IT infrastructure provider Selectel, one of the venture’s partners said on Monday, as Moscow seeks to boost development of…