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New Indian bank licences by March 2014

New Indian bank licences by March 2014

The Indian finance ministry is keen to have more banks in the country to promote financial inclusion.

China wants cyber-security dialogue with US

China wants cyber-security dialogue with US

US defence secretary Chuck Hagel has alleged that the Chinese government is involved in cyber-espionage.

Brazil’s trade surplus dips to $760mn

Brazil’s trade surplus dips to $760mn

Finance minister Guido Mantega has said the economy is growing despite an unfavorable external environment.

112 dead in China slaughterhouse fire

112 dead in China slaughterhouse fire

China’s environmental watchdog has begun monitoring the environmental impact of the fire.

China loans $3bn to Caribbean nations

China loans $3bn to Caribbean nations

The Chinese president is on a state visit to Trinidad & Tobago, Costa Rica and Mexico.

1.5mn Brazilian minors at hazardous work

1.5mn Brazilian minors at hazardous work

Some 1.56 million to 1.97 million Brazilians aged under 18 work in hazardous jobs, according to a government study.

FII in India reaches record $4bn in May

FII in India reaches record $4bn in May

Total foreign investor investment in the country’s equity market has reached $15.35 billion since the beginning of 2013.

Russia to sell Syria fighter planes

Russia to sell Syria fighter planes

Moscow insists that it is selling defensive weaponry to Syria's government.

“US ready for deeper relationship with Brazil”

“US ready for deeper relationship with Brazil”

As Brazil increasingly sees itself as a voice of the developing nations, frictions in ties with the US has risen.

Gravely concerned over EU’s Syria decision- SA

Gravely concerned over EU’s Syria decision- SA

Moscow has also denounced the EU move to arm Syrian rebels as illegitimate and violating international law.