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China is “most promising source of FDI”- UN Trade body

China is “most promising source of FDI”- UN Trade body

The organisation's 'World Investment Report 2013' was released on Wednesday.

IBM cuts jobs in China

IBM cuts jobs in China

The layoff plan comes after it reported lower-than-expected first quarter earnings in mid-April.

Current account deficit may widen- India FM

Current account deficit may widen- India FM

The minister has said there is no need for pessimism on the falling rupee.

Unions meet Rousseff, refuse to call off protest

Unions meet Rousseff, refuse to call off protest

Brazil's proposed referendum will ask the public to vote on a range of issues, including campaign financing and electoral reform.

South Korean president in Beijing for talks

South Korean president in Beijing for talks

The president's entourage includes the biggest business delegation ever for a South Korean leader.

Morsi blames ‘enemies’ for Egypt’s ‘divisions’

The Egyptian President's speech admitted errors but warned of enemies sabotaging the democratic process.

Indian rupee at record low, hits 60

Indian rupee at record low, hits 60

Treasury managers are expecting the Reserve Bank of India to intervene to stem the rupee’s fall.

China State Construction invests $1bn in Dubai luxury hotel

China State Construction invests $1bn in Dubai luxury hotel

Investors’ annual rate of return is estimated at 12 per cent, said a statement from the companies.

Shenzhou-10 ends China’s longest manned space mission

Shenzhou-10 ends China’s longest manned space mission

The country is planning to build a permanent manned space station by 2020.

New credit rating agency launched in Hong Kong

New credit rating agency launched in Hong Kong

The global credit rating system currently dominated by the western-based "Big Three" have been criticised since the 2008 global financial crisis.