Central Bank of Iran has required banks to safeguard the confidentiality of their customers’ information, unless for cases involving a judicial order. Valiollah Seif, the CBI governor, write this…

Point-to-point inflation will again jump to double digits before the current  fiscal year is out (March 2017) but is no cause for concern, says the research director of the Monetary and…

Following the imposition of financial sanctions in 2012 by the US for its nuclear program, it was almost impossible for the west to do any business with Iran. Those sanctions were lifted earlier…

A little less than a year has passed since the lifting of the nuclear-related sanctions on Iran. Many were expecting an immediate lift in markets with the removal of the economic sanctions,…

Intrum Justitia AB is merging with Lindorff in a Nordic deal that will add scale to Europe’s biggest debt collector, Bloomberg reported. “The combined entity is, through its scale and…

Italy’s annual inflation rate was -0.2% in October, Istat said on Monday after revising its preliminary forecast that put deflation at 0.1%, ANSA reported. The national statistics agency said its…

BMW wants to boost sales of electric cars by two-thirds next year to 100,000 vehicles as the luxury automaker is offering more battery-powered models, Sueddeutsche Zeitung reported, citing Chief…

The National Party of Western Australia’s proposed new tax on iron-ore could cost Australia about 13,500 jobs and shrink the economy by about A$2.9-billion ($2.19 billion) a year.

Asian equity markets were mixed Monday, with Japan’s Nikkei outperforming regional markets following stronger-than-expected economic data and a weaker yen.

The Nikkei Stock Average closed…

A family-owned grocery chain selling lychees and almond milk would have been an unlikely target when giant private equity funds were spending big in Africa.

But as times have got tougher…

Poland will see faster GDP growth in the coming years, driven by investment and consumption, according to a projection by the country’s central bank, PAP reported.

Japan's economic growth handily beat expectations in the July-September period, expanding for a third straight quarter as exports recovered, but weak domestic activity cast doubt on hopes for a…

The government plans to slap duties on unprocessed iron ore exports as of the next Iranian year (to start March 20, 2017). This is while the industry players contend that exports are their last…

Tehran Stock Exchange’s main index gained 293.00 points or 0.37% to end Monday trade at 79,314.5.

More than 898 million shares valued at $65.1 million changed hands for the day.

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The Pakistan government has announced its decision to lease Pakistan Steel Mills to a Chinese or Iranian company amid the absence of an investor needed to complete the privatization. Privatization…

Primary aluminum ingots originating from Iran are still on offer in the Turkish market below the prevailing market price.

Ghadir Investment Company is aggressively expanding its operations and size in capitalizing on the lifting of sanctions against Iran.

By raising capital and investing heavily in multiple…

The World Bank released its latest forecast for the Russian economy. The prediction was better than expected, showing the Russian economy shrinking by 0.6% in 2016, then rising by 1.5% in 2017 and…

Britain's businesses have delayed or canceled investments worth £65.5 billion ($82 billion) since the vote to leave the European Union, with more than 40% of large companies scaling back, a survey…

In the face of the current crisis, Mongolia cut spending and requested support from the IMF. To turn the economy around, the new government aims to lure foreign money to pay for stalled…

A partial economic recovery in European Union member countries has not translated into fewer people living in poverty despite them having full-time jobs, a new study has shown. Germany is no…

Deutsche Bank AG Chief Executive Officer John Cryan’s troubles range from the company’s mounting legal costs to stricter regulation that’s eroding returns. And there’s at least one challenge he…

Global economic growth will pick up next year from the very weak levels this year, as the outlook for the US and emerging economies improves slightly, according to a report by Moody's Investors…

The dollar rose to a nine-month high against a basket of major currencies on Monday, riding climbing US yields and seen to be at the cusp of a renewed bull phase following Donald Trump’s US…

As much as it sounds flashy, it is real. Germany is willing to connect with Iran in achieving the marriage of technology and industry, otherwise known as “Industry 4.0” or the fourth industrial…