The latest United States sanctions on Iran mark a significant expansion of Washington's effort to restrict not only Tehran's own economic activity but also the foreign networks that keep Iranian trade moving. According to US officials, the new measures target nearly 60 individuals, companies and...

Iran and Oman have reopened discussions on a temporary navigational corridor through the Strait of Hormuz, offering a limited attempt to restore maritime traffic while negotiations between Iran and the United States remain unresolved. The proposal is significant not because it represents a final...

Europe's electric vehicle market is gaining momentum as three forces increasingly reinforce one another: expensive conventional fuel, government support and a growing supply of relatively affordable electric models. Battery electric vehicles accounted for 25.7% of new car registrations across 16...

The suspension of food business licences at outlets of major international restaurant chains in Mumbai has turned a local regulatory drive into a much broader question about food safety in India. Maharashtra authorities have suspended the licences of four Domino's outlets and one Pizza Hut outlet...

The life sentence handed to Evergrande founder Hui Ka Yan has brought a dramatic legal chapter of China's property collapse to an end, but it has done little to resolve the economic problems created by the housing boom and subsequent bust. Evergrande's founder was sentenced after being convicted of...

The United States is preparing a new phase of economic pressure against Iran that could prove more consequential than another round of sanctions imposed directly on Iranian companies. Washington is moving toward targeting the countries, financial institutions and businesses that keep Iran connected...

The United States is temporarily changing its gasoline rules in an attempt to ease pressure on consumers, but the policy also highlights a broader international trend: governments are increasingly using ethanol blending to manage fuel supply, reduce dependence on imported oil and pursue...

China is preparing additional fiscal measures to support an economy that is showing clearer signs of losing momentum, but the government's latest signals point to a more targeted response than the large investment driven stimulus programmes that have characterised earlier downturns. Vice Finance...

Japan’s latest inflation figures are giving the Bank of Japan a stronger reason to consider another interest rate increase, but the underlying picture is more complicated than a simple return of sustained inflation. Consumer prices are accelerating as a weak yen raises import costs, energy prices...