Business sentiment among Japan’s automakers and other big manufacturers has improved slightly, according to the latest quarterly survey by the Japanese central bank.

The Bank of Japan’s “…

South Korea’s chief economic policymaker on Wednesday reaffirmed his pledge for stronger fiscal intervention to prop up Asia’s fourth-largest economy facing downside pressures at home and abroad…

After 16 months of implementing austerity measures he had once railed against, Alexis Tsipras, Greek prime minister, has returned to his old, anti-austerity campaign rhetoric.

Australia looks set to follow in the footsteps of India and Venezuela by abolishing the country’s highest-denomination banknote in a bid to crack down on “black economy”.

Brazil's senate has approved a 20-year public spending cap in a win for President Michel Temer's austerity reforms. The move sparked large protests with critics saying the unpopular cuts will hurt…

Just as rising oil prices finally start to lighten the European Central Bank’s quest for higher inflation, food is back as the dead-weight in the price basket.

Nigeria cut its 2017 growth forecast by half a percentage point as the ongoing economic slump slows output, the Budget and National Planning Minister Udo Udoma said, Bloomberg reported. West…

Higher than anticipated demand for OPEC crude combined with the historic deal in December with non-OPEC nations to cut production is forecast to rebalance the oil market in the second half of 2017…

Russian energy major Rosneft is willing to play a role in developing the Azadegan Oilfield that is shared by Iran and Iraq, Oil Minister Bijan Namdar Zanganeh said.

Iran is taking steps to build its first coal power plant in the city of Tabas in South Khorasan Province, an official at the Thermal Power Plants Holding Company (TPPHC) said. "The Export…

The visiting Belarusian Minister of Industry Vitaly Vovk on Tuesday discussed the export of crude oil and byproducts and manufacture of oil equipment in a meeting in Tehran with Oil Minister Bijan…

The Thermal Power Plants Holding Company of Iran and Russia’s Technopromexport signed a deal worth $1.6 billion for the construction of a 1,400 megawatt thermal power plant in southern Hormozgan…

Iran's crude oil exports in December are set to fall 8% from November to a five-month low, a source with knowledge of its preliminary tanker schedule said, as lower shipments to China and others…

Russia and Iran, two countries with the largest natural gas reserves, can work together to extend their foothold in the global gas market, Hamidreza Araqi, managing director of the National…

The Ministry of Youth Affairs and Sports has announced it will complete the establishment of the so-called Youth Houses in all 31 provinces by the end of the current fiscal year in March 2017.

The production and distribution of Penicillin 6.3.3 has been resumed after laboratory tests at the Food and Drug Administration cleared the drug as safe for use.

“The lab results show the…

A brave teacher, Alireza Saqi, saved the lives of his students by evacuating them safely when an oil heater burst into flames in his classroom at a primary school in Hamamlou village in Ardebil…

The number of female village chiefs in the country has increased 10-fold since they were first elected 20 years ago.

Each day, two infants are abandoned on the streets of Mashhad, the capital of Khorasan Razavi Province because their parents cannot afford to take care of them, and “nearly 50-60 babies are handed…

Avian influenza has spread to five more provinces in the country after being reported in several bird farms in Tehran two weeks ago. The highly pathogenic H5N8 strain has been detected in Qom,…

The Tehran Municipality (TM) has announced several times in the past few years that it has plans to prevent ragpickers from salvaging waste from trash bins across the capital. However, so far no…

Lower earnings, less secure employment, longer periods of ill-health and greater caring responsibilities leave women more at risk of financial difficulties than men, a comprehensive lifetime study…

First, it was Chinese cars that were being humiliated, but soon after a new trend spread to locally produced brands as well. The issue at hand? Car quality -- or lack thereof.

Google has reportedly shelved its long-standing plan to develop its own autonomous vehicle in favor of pursuing partnerships with existing carmakers.

Data released by the Islamic Republic of Iran Custom Administration shows auto exports were meager during the first eight months of the current fiscal year (started March 2016).