The Bank of Japan raised its economic growth forecasts on Tuesday, but kept its policy stance unchanged, as was widely expected in its latest policy review.

Turkey’s central bank said further tightening of monetary policy remains “on the table”, and that the lira’s rapid plunge has put the inflation target out of reach until 2019.

Greece has the highest unemployment rate in the Eurozone according to data published by Eurostat on Tuesday, Anadolu Agency reported. Although the Eurozone average for overall unemployment in…

The output of Canada’s economy expanded by 0.4% in November, led by mining, oil and gas, manufacturing and construction, CBC reported. Statistics Canada reported Tuesday that the monthly expansion…

Frosty temperatures in January have led to a slight increase in unemployment in Europe’s largest economy, the Federal Labor Office has reported, DW says. It hastened to add there was no reason to…

Saudi Arabia has introduced a value-added tax with the approval of the International Monetary Fund, indicating the end of life without VAT across the (Persian) Gulf Cooperation Council states.

Italy’s unemployment rate stayed at the highest in a year and a half, reflecting households’ concerns about the growth outlook in the euro region’s third-biggest economy. The jobless rate remained…

In today’s connected world of business, Islamic finance is a concept that people working in the banking and finance industries are likely to come across in their careers. Islamic finance, despite…

Smoking cost the world economy more than $1.4 trillion in 2012, and sucked up a twentieth of health care spending, a study said Tuesday.

French economic growth accelerated at the end of 2016, putting the country and the wider eurozone on a steadier footing at the start of a year over which political uncertainty looms.

Donald Trump is now the 45th president of the United States, and in his inaugural address he made it clear to the assembled US establishment that his administration does not intend to pursue…

Four years ago, when Prime Minister Mark Rutte started his second term, the Dutch economy was suffering from a housing market slump caused by the worst financial crisis since World War II. With…

Deutsche Bank has agreed to pay $630 million in fines for organizing $10 billion in sham trades that could have been used to launder money out of Russia, the latest in a string of penalties that…

Ten-Day Dawn ceremonies kicked off across Iran on Tuesday, marking the runup to the 38th anniversary of the 1979 Islamic Revolution, which put an end to the monarchy of the US-backed Pahlavi…

Defense Minister Hossein Dehqan denounced Israel's settlement activities in occupied Palestinian territories for jeopardizing the Middle East security and called for concerted action against the…

Despite a hostile stance by the new US president toward the nuclear agreement, other international parties are intent on seeing through the historic pact, officially called the Joint Comprehensive…

Iran’s Foreign Ministry announced the formation of a committee to deal with the affairs of Iranians outside the country following a recent US travel ban. Foreign Ministry Spokesman Bahram Qasemi…

Tehran's hospitality and assistance to refugees is exemplary, the representative of the Office of the United Nations High Commissioner for Refugees in Iran, Sivanka Dhanapala, said.

"I…

Atomic Energy Organization of Iran Spokesman Behrouz Kamalvandi said the IR-8 centrifuges tests recently conducted by AEOI are within the framework of the 2015 nuclear deal, known as the Joint…

A senior lawmaker said the recent remarks of British Prime Minister Theresa May against the Islamic Republic are driven by London's desperation and setbacks in the Middle East.

Iran's top diplomat said Tehran's missile activities do not contravene a UN resolution that endorses the nuclear deal, and should not be used by the US as an excuse to stir tensions.

Royal Dutch Shell Plc, looking to pare debt swollen by last year’s acquisition of BG Group Plc, accelerated its drive to shed assets on Tuesday by agreeing to the sale of fields in the North Sea…

Iran has ample opportunities for investment in the oil, gas and petrochemical sectors and Siemens is looking to diversify its presence in the energy-rich country, says senior executive of the…

Oil markets are starting to tighten, prompting industry analysts to raise their 2017 price forecasts, but they remain cautious that rising US production could offset any major price gains from…

Use of natural gas for producing goods/services with higher value added such as production of electricity and petrochemicals makes more economic sense than the mere export of this fossil fuel,…