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BRICS officials arrive in St. Petersburg ahead of SPIEF

BRICS officials arrive in St. Petersburg ahead of SPIEF

Newly appointed BRICS Bank President Kundapur Vaman Kamath and Vice President Paulo Batista are going to take part in discussions.

China outbound investment up 47.4% yoy

China outbound investment up 47.4% yoy

China has surpassed Canadians to become the biggest foreign buyers of real estate in the US by both sales and dollar volume.

Greece: Europe sees little hope as finance ministers meet

Greece: Europe sees little hope as finance ministers meet

Greece's Central Bank has warned of "an uncontrollable crisis" unless Athens and Brussels reach a deal on economic reforms.

US Fed: No rate hike now, but some time in 2015

US Fed: No rate hike now, but some time in 2015

The policy-making body says that any increase in interest rates will depend on economic data.

BRICS economic partnership blueprint to be released in Ufa

BRICS economic partnership blueprint to be released in Ufa

Greece’s Minister of Economy Giorgos Stathakis said on Wednesday Athens is keen to join the BRICS Bank.

China-Australia ink FTA to aid market expansion

China-Australia ink FTA to aid market expansion

Trade with China accounted for 5.5 per cent of Australia’s GDP in 2014, says official data.

UK, US to step up aid against Boko Haram

UK, US to step up aid against Boko Haram

But a deadly double-suicide bomb attack in the Chadian capital indicates Boko Haram is not a weakened force.

BRICS Culture Ministers to meet in Moscow

BRICS Culture Ministers to meet in Moscow

The meet aims to increase cultural traffic between the cross-continental bloc.

India exports contract 20.2% in May

India exports contract 20.2% in May

India's farm economy could contract this fiscal year for the first time in over a decade because of drought.

Asia-Pacific to become wealthiest region

Asia-Pacific to become wealthiest region

The Asia-Pacific area is expected to beat North America as the wealthiest region in the world in a few years.