Japan will adopt a two-prong policy on Russia of maintaining sanctions in line with the Group of Seven’s protest against the seizure of Crimea, while also helping to boost the Russian economy,…
The harsh economic situation in Nigeria has thrown 1.7 million Nigerians into the job market in nine months, a report from the National Bureau of Statistics has indicated, Punch reported. The…
Gas y Petroleo del Neuquen SA, the oil and gas company owned by Argentina’s Neuquen province, plans to auction exploration rights to six blocks in the Vaca Muerta shale play, local media reported…
Egypt targets a 5% economic growth rate in the year to June 2018, the finance ministry said Sunday as the government seeks to revive an economy battered by political turmoil.
Egyptian…
China should step up macro controls, keep to a prudent monetary policy and optimize policy to ensure stable liquidity, said a commentary in Financial News, a news outlet under China’s central bank…
Saudi Arabia’s government plans to provide 200 billion riyals ($53 billion) of incentives to the private sector over the next four years in its drive to diversify the economy beyond oil, according…
The US and Japan are expected to continue their economic recovery in 2017, while China and the eurozone will likely post slower growth than this year, South Korea’s central bank said Sunday.
British consumer confidence fell this month to its lowest level since the immediate aftermath of the EU referendum, crimped by worries around rising inflation pressures, a survey showed, Reuters…
The average goods and services Consumer Price Index for urban areas in the 12 months ending December 20, which marks the end of the Iranian month of Azar, increased 8.6% compared with last year’s…
More than 1,430 tons of chewing gum worth over 69 billion rials (close to $1.71 million at market exchange rate) were imported during the seven months to October 21, according to figures released…
Rolls-Royce welcomes the decision by Iran Air to acquire 18 Airbus A330neo and 16 A350-1000 aircraft, which are powered exclusively by the Trent 7000 and Trent XWB engines respectively, the…
Demand for aluminum has been growing at a fast pace, as it recorded a nearly 6% compound annual growth rate for 2000-15 and topped iron ore, the global commodity market’s most sought-after…
When oil revenues rise, the private sector’s power to compete is diminished, since it renders the government self-sufficient.
Mohsen Jalalpour, the former head of Iran Chamber of Commerce,…
Iran said on Sunday it had negotiated to pay only about half the announced price for 80 new Boeing airliners in an order that the American planemaker had said was worth $16.6 billion.
A military official announced that Iran has built an explosive reactive armor stronger and more advanced than the Kontakt-5 used in T90 tanks.
Iran's president said it's time to intensify political efforts for resolving the nearly six-year-old conflict in Syria, in parallel with a serious battle against terrorists, which has produced…
A top military commander said the Islamic Republic has been able to ensure security both within and outside its borders. Speaking on Saturday, Major General Mohammad Ali Jafari, the commander of…
The Iranian Air Defense Base is to begin a large-scale exercise in the country’s southern areas today. Speaking at a press conference in the southern port city of Bushehr on Sunday, Air Defense…
Iran is ready to swiftly restore levels of nuclear activity it agreed to limit under the 2015 landmark deal in case of any breach by the other side, a lawmaker warned.
A senior official of the Islamic Revolution Guards Corps stressed that the Syrian Army and its allies have gained the upper hand in Syria, calling on supporters of terrorists to accept the…
President Hassan Rouhani congratulated Pope Francis on the occasion of Christmas and the upcoming Gregorian year, expressing hope that the world would see peace and justice prevail.
In his…
As Japan takes on the elusive challenge of fiscal reconstruction, slowing tax revenue growth is casting a shadow over the future of an aging Japan.
That bodes ill for Prime Minister Shinzo…
The Central Bank of Cyprus has revised upwards economic projections for the eastern Mediterranean island, expecting growth over the next three years to be an annual average of 3%.
Political events, wild swings and big sector rotations have punctuated a busy year for European equities, which, after a dismal start, have bounced in the final weeks to recoup most of their…
A Nobel Prize-winning economist has warned that the rise in robotics and automation could destroy millions of jobs across the world.
Angus Deaton, who won the Nobel Prize last year for his…
