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India Central Bank cuts key lending rates

India Central Bank cuts key lending rates

The Indian rupee reached a one-week high after the RBI announcement this morning.

Renminbi to compete with dollar and euro

Renminbi to compete with dollar and euro

China is determined to pursue the internationalisation of its official currency.

India wants European investment

India wants European investment

India's finance minister wants to bolster investor confidence in the world's fourth largest economy.

China assays missile interception test

China assays missile interception test

Weapon system analysts believe such tests would boost the protective shield for China's air defence.

Chinese web provider eyes Africa growth

Chinese web provider eyes Africa growth

Baidu will provide partner Orange a multi-lingual browser for Africa.

No flexibility in missile talks says Russia

No flexibility in missile talks says Russia

Russian Prime Minister Dmitry Medvedev says there are no "easy solutions" to US missile defence plans.

230 dead in nightclub blaze

230 dead in nightclub blaze

A fire at a Brazil nightclub kills and injures hundreds on Sunday.

Russia hosts Asia-Pacific parliamentary meet

Russia hosts Asia-Pacific parliamentary meet

Russia will introduce Siberia as a lucrative investment destination.

China urges coordination to avoid currency war

China urges coordination to avoid currency war

Central Bank official warns that other countries could follow Japan and devaluate their currencies.

EU woos Brazil at Summit

EU woos Brazil at Summit

Dilma Rousseff said trade between Brazil and the EU was dynamic even during the financial crisis.