Iran’s Minister of Cooperatives, Labor and Social Welfare Ali Rabiei is scheduled to attend the 16th Asia-Pacific Regional Meeting of the International Labor Organization in Bali, Indonesia, from…
President Hassan Rouhani will ask for a smaller budget from the parliament for next year. The government is rolling back its expenses in appreciation of economic realities.
He will take the…
The governor of the Central Bank of Iran is trying to assuage concerns about the recent surprise rally in currency markets saying the surge is temporary and will abate in the last three months of…
All Iranian banks will again face another grueling period until the current fiscal year ends in March, says a senior banking expert.
Lawmakers will debate the Comprehensive Banking Bill during a plenary session on Sunday, said Mohammad Reza Pourebrahimi, a member of the Majlis Economic Commission.
Officials from the Industrial and Commercial Bank of China, the world’s largest bank by total assets and market capitalization, has held talks with the Central Bank of Iran in recent weeks to…
Switzerland’s economic activity stagnated in the third quarter as the strength in investment was offset by negative net trade, the State Secretariat for Economic Affairs said Friday, RTTnews…
Italians head to the polls Sunday to vote on measures that Premier Matteo Renzi says will make the country more competitive.
Australia’s retailers enjoyed another jump in sales in October, an outcome that augers well for momentum in consumer spending going into the all-important Christmas shopping period, Reuters…
Canada’s economy unexpectedly created 11,000 jobs in November, as an increase in part-time positions offset a loss of full-time work, Yahoo reported. This marked the second consecutive month where…
The eurozone’s unemployment rate has fallen below 10% for the first time since 2011. Unemployment fell to 9.8% in October—its lowest rate for seven years—from a revised 9.9% in September, the EU…
Venezuela is expected to be suspended from Mercosur for failing to meet economic, human rights and immigration accords governing the group. The South American country is under severe political and…
India and China have been anchor of global economic stability, posing a positive outlook for developing countries in the Asia-Pacific region in 2017, a UN study said Friday.
Industrial output in Brazil fell more than expected in October as capital goods production slipped for a fourth straight month, in a sign of weakened appetite for investment amid a recession,…
The economy of Sharjah, a UAE emirate, has slowed with nominal GDP growth expected to remain around 4% into 2017 compared to 6% on average in 2010-2015, said Moody’s Investors Service, TradeArabia…
The subsidiaries of National Iranian Copper Industries Company produced 110,268 tons of copper cathode during the seven months to October 22, registering a 15.5% growth compared to last year’s…
New Zealand’s Trade Minister Todd McClay led the country’s first trade mission to Tehran in 12 years on Friday to revive exports after the lifting of nuclear sanctions against Iran.
“There…
Tehran Stock Exchange’s benchmark index TEDPIX gained 633 points or 0.8% during the week that ended November 30 to close at 80,018.
There remains a gap between Iran’s consumption and production of flat steel products despite increases in the country’s crude steel capacity, the secretary of the Iranian Syndicate of Steel Pipe…
Nokia smartphones are poised for a comeback after former managers at the Finnish company licensed the handset brand from Microsoft and struck up partnerships with Google and phone manufacturer…
The lack of skilled staff is the biggest single issue facing the UK’s small businesses, a new report has found. Albion Ventures, a private equity house that focuses on the small business sector,…
Moody’s has forecast that the Vietnamese banking system will remain stable in the next 12-18 months, reflecting its expectation that the country’s macroeconomic stability will support the banks’…
Gold hit its lowest since February on Thursday, extending losses after its biggest monthly decline in more than three years, as a surge in oil prices boosted bond yields, denting interest in non-…
The 30-year-old bull market in bonds looks to be ending with a bang.
It’s been a big week for bullish economic data across the globe, from South Korean exports to European manufacturing figures.
The most important number of the week comes tomorrow: November’…
