With pent-up demand from 2016 and the challenges of an unpredictable US administration ahead, companies seeking to get deals done kicked off this year with a bang.

Along with the ongoing improvement of private investment and consumption levels in Indonesia, the Asian Development Bank estimates the Indonesian economy will grow 5.1% in 2017, up from 5.0% in…

Thai banks’ non-performing loans are expected to fall over the next six months as the economy is improving, the finance minister said on Wednesday, Reuters reported. A rise last year in NPLs…

Over 1,400 structural steel sales outlets have gone out of business in the past three years, says the head of Tehran Iron and Steel Union, Mohammad Azad.

“The recession in the construction…

Thirty percent of revenues earned by companies affiliated to the Islamic Revolution Mostazafan Foundation are allocated to poverty alleviation programs.

This was announced by Mousa…

Director General of the Supreme Audit Court of Iran Adel Azar said the “astronomical” salaries of corporate executives have been returned to the treasury in their entirety.

“After eight…

Tehran Stock Exchange’s main index plunged by 0.72% to end Wednesday trade at a four-month low of 77,414.9.

After breaking the 78,000 resistance level early in the morning, TEDPIX continued…

Steel import tariff rates have always been a sensitive issue for government officials and industry players. 

Raising the tariff bulwark gets steelmakers cheering for the newfound…

Mexico’s growth slowed in the fourth quarter, dragged down by falling oil production. Gross domestic product rose 0.6% from the previous three months, according to preliminary figures released by…

India’s 2017/18 federal budget is “fiscally prudent,” as it maintains the government’s fiscal consolidation efforts and would lead to stable economic growth if implemented correctly, a Moody’s…

US consumer confidence retreated from a 15-year high in January likely as some of the election euphoria fizzled, but households remained upbeat about the labor market, suggesting that the economy…

South Korean exports rose in January for a third consecutive month and at the fastest pace in nearly five years, preliminary data showed on Wednesday, handsomely beating expectations.

The…

South Africa recorded a larger-than-expected surplus in December, largely due to a sharp fall in imports as the continent’s most industrialized country continued to see subdued consumer and…

Activity levels across China’s manufacturing sector continued to improve in January, continuing the solid if not spectacular performance seen in the second half of 2016.

The government’s…

The outlook for Canada’s economy remains uncertain, especially with respect to the direction trade policy south of the border appears to be taking, Bank of Canada Governor Stephen Poloz said.

Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei on Wednesday visited the mausoleum of Imam Khomeini and Behesht-e Zahra Cemetery in southern Tehran to pay tribute to the late founder of…

The head of the follow-up committee on the nuclear deal said Iran has never stopped the enrichment of uranium even for a single day.

Iran said missile tests are an "inalienable" right of the Islamic Republic to defend its security and national interests, stressing that no country or international body can have a say in this…

Tehran should diversify partners in nuclear activities, a lawmaker said, stressing that the full exploitation of the nuclear deal's potential will place Iran among the top countries that have…

Two new satellites, namely Nahid-1 and Payam-e-Amirkabir, developed by the national aerospace industry were unveiled in a ceremony held on the occasion of National Day of Aerospace Technology on…

Defense Minister Hossein Dehqan confirmed on Wednesday that Iran has recently carried out a missile test, stressing that Tehran will not allow others to interfere in its defense affairs. "The…

The multilateral exercise Unified Trident began on Tuesday in the Persian Gulf amid rising tensions between the US and Iran.

“Despite the setting, Unified Trident has nothing to do with…

A lawmaker said the ball is in Saudis’ court to take action for rapprochement with Tehran, as Riyadh severed bilateral relations.

India plans to form a giant national oil company by combining other state-owned firms, finance minister Arun Jaitley said on Wednesday, as New Delhi wants to expand its foreign presence to meet…

US President Donald Trump’s energy policies are good for the petroleum industry and Saudi Arabia sees no problem with growth in US oil production as long as it is in line with demand, Saudi Energy…