Asia

Oriflame Cosmetics operations shut down in Tehran, 3 staff detained

Oriflame Cosmetics has reported that Oriflame’s operation in Tehran by Iranian authorities. The authorities have also detained three members of staff and two sales consultants without disclosed reasons. Oriflame says that it has no access to detailed information relating to the background to or effects of the current situation. Iran represents some 20% of the [...]



Chi-X Japan successfully commences operations

Chi-X Global Inc’s Japan trading platform, operated by Japanese subsidiary, Chi-X Japan Limited, today successfully commenced operations, furthering the development of Japan’s equity market trading infrastructure and marking Chi-X Global’s first operating platform in Asia. Today’s first day of trading is a key milestone in the ongoing planned rollout of Chi-X Japan. While today offered [...]



Iran calls for doubling trade with India to US$ 30 Bn. by 2015

Dr. Seyed Shamsodin Hosseini, Minister of Economic Affairs and Finance of Iran yesterday expressed Iran’s willingness to sign a bilateral investment protection treaty with India to enhance the flow of investments in both countries and double the bilateral trade turnover to US$ 30 billion by 2015. Addressing a seminar on ‘Investment Opportunities in Iran’, organized [...]



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