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China, India to grow fastest in world: IMF

China, India to grow fastest in world: IMF

Developing Asia will grow by 7.1 per cent in 2013, according to an IMF forecast.

PM: Russia ‘will not collapse without petrodollars’

PM: Russia ‘will not collapse without petrodollars’

The Russian Prime Minister Dmitry Medvedev has addressed the World Economic Forum in Davos.

Brazil announces oil auctions to raise $4.9 bn

Brazil announces oil auctions to raise $4.9 bn

The auctions could bring fresh cheer to an ailing oil industry in Brazil.

Russia airlifts dozens of nationals from Syria

Russia airlifts dozens of nationals from Syria

Moscow says the return of Russian citizens should not be viewed as a change in policy toward Syria.

China investing heavily in Chile

China investing heavily in Chile

A solar energy company plans to invest $1.36 billion in the Latin American country.

Floods claim 10 lives, create havoc in Limpopo

Floods claim 10 lives, create havoc in Limpopo

Several districts in the north of Limpopo are still cut off from the outside world.

China increases trade in yuan

China increases trade in yuan

Many believe that the yuan could replace the US dollar in Asian trading.

India and Australia to begin nuclear talks

India and Australia to begin nuclear talks

The first round of energy negotiations between the countries will be held in Delhi.

Jiabao: China will push yuan reforms

Jiabao: China will push yuan reforms

China’s central bank has launched a new short-term liquidity tool in its open market operations.

Russia sold arms worth $15 bn in 2012

Russia sold arms worth $15 bn in 2012

Russian weapon exports have tripled since 2003 says FSMTC chief Alexander Fomin.