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China initiates once-in-a-decade power transfer

China initiates once-in-a-decade power transfer

Xi Jinping will be formally nominated as president during the session.

No injuries in bomb thrown during Mukherjee visit

No injuries in bomb thrown during Mukherjee visit

India and Bangladesh last month signed a liberalised visa agreement and an extradition treaty.

BRICS: The week ahead

BRICS: The week ahead

Here is your guide to the data releases, meetings and other events likely to move BRICS markets in the week ahead.

China: Official urges quick efforts for clean air

China: Official urges quick efforts for clean air

The ministry of environmental protection set timetables in January for cities experiencing different degrees of air pollution.

Obama bashes Republicans over budget cuts

Obama bashes Republicans over budget cuts

The spending cuts would impact everything from defense to government-funded child daycare centers.

Expert: State oil firms key to BRICS growth

Expert: State oil firms key to BRICS growth

Leading Brazilian economist Marcelo Simas says the demand for energy, not only oil, will be led by emerging economies.

Russia calls off meteorite shower fragment search

Russia calls off meteorite shower fragment search

Heavy snowfall may result in the search for meteorite fragments in Chelyabinsk to stop.

Brazil in talks with China on oil refineries

Brazil in talks with China on oil refineries

Petrobras has set aside $24.9 billion to expand refinery capacity.

China’s billionaires have global plans- Hurun

China’s billionaires have global plans- Hurun

According to the latest Hurun Global Rich List 2013, more wealth is now being created in the East.

Russia to assume UNSC presidency

Russia to assume UNSC presidency

Moscow will use its presidency to focus on the development of the situation in Afghanistan.