Foreign Minister Mohammad Javad Zarif said Tehran is open to economic relations with the US, despite differences between the two sides.

Tackling unemployment among young Saudis will be one of the toughest challenges the region’s largest economy will face this year, according to an International Monetary Fund official on Wednesday…

The director of the International Monetary Fund, Christine Lagarde, has called for global action to tackle a middle-class crisis, warning that inequality, distrust of the elites and a lack of hope…

The Scottish economy grew by 0.2% in the third quarter of 2016, according to Scottish government statistics, BBC reported. The previous three months was found to have the same rate of growth,…

Slovakia’s gross domestic product should increase at a tempo similar to last year, slovake.eu reported. The economy should grow by 3.2% this year, according to the December survey of the National…

World Economic Forum chairman, Klaus Schwab, praised Pakistan’s progress on the economic front and shared his feedback with the Prime Minister Nawaz Sharif on Wednesday in Davos, APP reported. The…

South Korea is considering easing an anti-corruption law by raising the cap on the values of free meals, sources said Wednesday, amid criticism that it adversely impacts consumer spending, Yonhap…

Cyber security incidents are seeing a rise in India, with a total of 39,730 incidents reported in the first 10 months of 2016, as against 44,679 and 49,455 observed during 2014 and 2015,…

US companies operating in China have warned the future administration under Donald Trump against heading toward a trade war with China. They said excessive US import tariffs were likely to trigger…

The Central Bank of Iran has published a report detailing the achievements of the country’s nuclear accord with world powers in the banking and monetary sectors, as the country marks the first…

The Central Insurance of Iran, the industry’s regulator, has held talks with more than 140 foreign insurance and reinsurance companies that sought to enter the Iranian market since the lifting of…

The Central Bank of Iran requires banks to consider Iranian companies’ joint ventures with foreigners as a single entity. The measure allows joint venture companies to apply for large loans and…

Cabinet members have made decisions regarding increasing the capital of public-sector banks, repaying the government's debts and waiving loan repayment fines in their latest meeting on Wednesday…

Deutsche Bank AG reached a final settlement with the US Justice Department over its handling of mortgage-backed securities before 2008, resolving one of its biggest litigation risks.

The CEO of the world’s largest shipping firm by capacity has given his unique insight into the rebound seen in global shipping prices in the last few months.

Speaking to CNBC Wednesday at…

Roberto Azevedo, the director-general at the World Trade Organization, has delivered a defense of global trade but admitted that the agreements struck with multilateral deals can often create…

Italy would remain focused on boosting growth and is reluctant to take further measures to cut the country’s deficit as repeatedly required by the European Union, an Italian official has said.…

A United Nations report says Asia's economic outlook for 2017 is strong despite slowing global growth due to sluggish international trade and investment.

The world economy grew 2.2% in 2016…

Global markets might have obtained further clarity on Brexit and on the new US administration, but the days of high levels of uncertainty are not over yet, the chief executive officer of ABB Group…

Taiwan’s GDP can grow by 2% this year, as the export-oriented economy should benefit from a continued recovery in the US and a gradual stabilization in emerging markets, S&P Global Ratings…

Small- and medium-sized enterprises have attracted $1.84 billion in foreign direct investment since President Hassan Rouhani took office in August 2013, of which $653 million have been invested…

Seventeen major global shipping lines have resumed their services to Iran since the removal of nuclear sanctions, says CEO of Ports and Maritime Organization Mohammad Saeednejad. “As a result of…

The Kenya Tea Development Agency says it has found new market for tea in Iran following the lifting of UN sanctions. According to KTDA national chairman, Peter Kanyago, the agency will continue to…

Syrian Prime Minister Imad Khamis stressed the importance of expanding ties with Iran. Arriving in Tehran at the head of a delegation on Monday, Khamis was speaking in a meeting with the head of…

After years of negotiations on Iran’s nuclear program and the unraveling of financial and economic sanctions, the full implementation of the Joint Comprehensive Plan of Action between Iran and six…