When the British bank HSBC released its economic growth forecast recently, it gave a better forecast for the Philippines compared to other markets in Asia, ABS/CBN reported. HSBC sees that the…

Negative interest rates remain fundamental to the Swiss National Bank’s monetary policy to head off any excessive appreciation of the Swiss franc, the bank’s vice president said in an interview…

Mexico’s economy minister sent Donald Trump a fighting message: We will retaliate right away if you hit us with a “major border tax”, CNNMoney reported. “It’s very clear that we have to be…

The Chinese economy is likely to hit bottom in 2017 as several factors will combine to support the bottoming process, a Chinese economist said, Xinhua reported.

Japan, China and the rest of East Asia enjoyed rapid development and rising living standards by opening up their economies and becoming integral parts of the global trade and economic system. The…

Tehran Stock Exchange’s main index rose 197.30 points or 0.25% to end Sunday trade at 79,073.5.

More than 1.9 billion shares valued at $94.3 million changed hands for the day.

…

Filipinos may soon have a taste of Iranian apples, as the government of Iran is keen on taking its produce to Philippine markets.

Iranian Ambassador to the Philippines Mohammad Tanhaei met…

The Iranian cement industry is in hot waters. It has recently been hit with the double whammy of loss of export markets and lack of domestic demand, causing producers to cut down on production…

The Iranian Privatization Organization said on Saturday it has shelved the revocation of the Telecommunications Company of Iran privatization deal because the majority shareholder of the company (…

Rome-based utility owner Enel SpA is targeting renewables projects in Saudi Arabia and the United Arab Emirates as oil-rich Persian Gulf Arab countries take advantage of the falling cost of solar…

The dramatic rise in India’s oil demand shows no signs of faltering, leading analysts to say that the country will remain a driver of Asian growth in 2017.

Consumption is expected to rise 7…

A total of 37.6 million tons of petrochemicals were produced by Iranian companies in the first nine months of the current Iranian fiscal year, the National Petrochemical Company said in a…

South Korea's Iranian crude oil imports in December soared nearly eight times greater than a year ago, and its 2016 crude imports from Tehran more than doubled from 2015 levels, following last…

Iran has no stockpile of crude oil at sea and its floating gas condensates have all been sold, managing director of Iranian Oil Terminals Company (IOTC) said Sunday.

Iran sold $29 billion worth of crude oil in the first nine months of the fiscal year (March-Dec. 2016), exceeding oil export revenues in the previous fiscal.

Operations to construct a 1,400 megawatt thermal power plant in Sirik County, Hormozgan Province in south of Iran will begin in February in collaboration with Russia, managing director of Iran's…

The performance of Iran’s seven free economic zones, namely Kish, Qeshm, Chabahar, Aras, Anzali, Arvand and Maku, has recently gone under the magnifying glass.

Both the Iranian Parliament…

Iran’s logistics sector has thrived since the nuclear deal.

Transportation costs have reduced to a third, following the lifting of sanctions imposed on Iran’s economy for years over its…

Heading a 20-member delegation, Chairman of Antalya Chamber of Commerce and Industry Davut Cetin held a meeting on Sunday with Secretary-General of Tehran Chamber of Commerce, Industries, Mines…

The parliament voted on Sunday to double the budget allocated to Iran’s state-owned media corporation, the Islamic Republic of Iran Broadcasting.

The decision was made as part of the…

A 12-member business delegation from Germany is planning to visit Iran on February 5-8 to seek cooperation opportunities, the management consultant and organizer of the business trip said.

A nuclear negotiator highlighted the benefits Iran has derived from the 2015 nuclear agreement with major powers, formally referred to as the Joint Comprehensive Plan of Action.

People turned out in large numbers in a memorial service to pay tribute to Ayatollah Akbar Hashemi Rafsanjani, the 82-year-old statesman with decades of service for the Islamic Republic who passed…

The nuclear chief said Iran will soon take delivery of 130 tons of natural uranium, the first such consignment since the 2015 nuclear deal came into force a year ago.

Under the accord,…

A top Albanian diplomat met President Hassan Rouhani in Tehran on Sunday to discuss bilateral relations. Albanian Foreign Minister Ditmir Bushati said Tirana is determined to open "a new chapter"…