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    Home » 2015 » February
    China Central Bank cuts interest rates by 25 bps

    China Central Bank cuts interest rates by 25 bps

    China Central Bank on Saturday announced a rate cut in interest rates effective March 1. The People’s Bank of China (PBOC) has cut 1-year lending, deposit rates by 25 basis

    India Budget 2015-16 presented in Parliament, fiscal prudence highlighted

    India Budget 2015-16 presented in Parliament, fiscal prudence highlighted

    GDP growth for 2015-16 is seen at between 8 - 8.5 per cent.

    Russia FM hails ties with Beijing in “complicated international situation”

    Russia FM hails ties with Beijing in “complicated international situation”

    Russia foreign policy advocates collective efforts in solving global crises, says Sergei Lavrov.

    Iraq’s minorities face annihilation – rights groups

    Iraq’s minorities face annihilation – rights groups

    Minorities in Iraq have been targeted by ISIL in a systematic strategy to remove them permanently from large areas of Iraq, human rights have said.

    Seoul seeks Kaesong talks with Pyongyang

    Seoul seeks Kaesong talks with Pyongyang

    Earlier this week, North Korea unilaterally increased wages at the shared industrial complex.

    China harangues US over anti-Russia stance

    China harangues US over anti-Russia stance

    The West must take the real security concerns of Russia into consideration, said China's envoy to Belgium.

    Budget 2015: South African reactions

    Budget 2015: South African reactions

    First South African income tax hike in 20 years receives muted reaction.

    India follows Russia, ratifies $100 bn BRICS Bank

    India follows Russia, ratifies $100 bn BRICS Bank

    The BRICS combined GDP grew 300 per cent in the last decade as opposed to 60 per cent growth registered by the developed world.

    China, SouthKorea Free Trade Agreement initialised

    China, SouthKorea Free Trade Agreement initialised

    Trade between the two countries has increased 35 times, from $6.37 billion in 1992 to $230 billion in 2013.

    SA 2015: Budget highlights

    SA 2015: Budget highlights

    Government expenditure will be cut by R25 billion over the next two fiscal years.

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