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SA current account deficit widens to 2.1% of GDP

SA current account deficit widens to 2.1% of GDP

The drop in consumer confidence after the ratings downgrade is bad for the economy as it reduces domestic demand.

China: Forum urges greater BRICS cooperation

China: Forum urges greater BRICS cooperation

The forum called on NGOs BRICS NGOs to reduce poverty and focusing on health and environmental protection.

India leads global growth in OECD report

India leads global growth in OECD report

BRICS' Russia and Brazil will in 2017 emerge from weak growth and head strong into 2018, the report says.

In South Africa, politics weaken GDP growth, but some still optimistic

In South Africa, politics weaken GDP growth, but some still optimistic

South Africa's economy grew by 1% year on year in Q1 2017, but contracted by 0.7% quarter on quarter.

Agreements worth over $35 bn inked during economic summit: Russia

Agreements worth over $35 bn inked during economic summit: Russia

SPIEF is an annual Kremlin-run, high-profile gathering of business and political figures.

India’s GDP growth slumps

India’s GDP growth slumps

Experts believe the central bank will keep interest rates at 6.25 per cent despite the latest economic data.

China’s markets rise on new securities rules

China’s markets rise on new securities rules

Meanwhile, the manufacturing purchasing managers index showed expansion at 51.2.

China’s markets shrug off Moody’s downgrade

China’s markets shrug off Moody’s downgrade

Chinese analysts have rebuked Moody's ratings agency saying it applies a double standard between east and west.

China, Russia to build wide-body jets

China, Russia to build wide-body jets

China is now the fourth jumbo jet producer after the United States, Western Europe and Russia.

Russian Premier to meet Erdogan in Istanbul

Russian Premier to meet Erdogan in Istanbul

Earlier this year, Erdogan praised the two countries' friendship, saying it is "strong enough to overcome their differences".

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