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Government spending to rise 10% this year: China Finance Minister tells G20

Government spending to rise 10% this year: China Finance Minister tells G20

The Shanghai Composite Index has tumbled 39 per cent since June 12.

$100bn BRICS monetary fund now operational

$100bn BRICS monetary fund now operational

Finance Ministers from the five BRICS countries have met in Ankara on the sidelines of the G20 meeting.

UAE steps up attacks on Houthi rebels

UAE steps up attacks on Houthi rebels

Abu Dhabi retaliates against the Houthi rebels who killed 50 Arab Coalition troops on Friday.

Yuan’s Asian market share rises to 33% in July

Yuan’s Asian market share rises to 33% in July

The US dollar still dominates India’s payment flows with the Chinese mainland and Hong Kong, SWIFT data shows.

Refugee Crisis: EU bearing burden of US foreign policy, says Putin

Refugee Crisis: EU bearing burden of US foreign policy, says Putin

Putin has said Syrian President Bashar al-Assad is willing to hold snap parliamentary elections and share power with a “healthy opposition”.

Europe’s leaders dysfunctional as refugee crisis deepens

Europe’s leaders dysfunctional as refugee crisis deepens

As its leaders fought like cats in a sack over hosting refugees, the “United States of Europe” appeared singularly disunited, writes Merryman.

China, Russia energy firms ink array of deals

China, Russia energy firms ink array of deals

Rosneft and Chinese oil giant Sinopec will jointly develop Russkoye and Yurubcheno-Tokhomskoye oilfields.

Putin, Xi meet to boost ties, sign raft of agreements

Putin, Xi meet to boost ties, sign raft of agreements

Gazprom and CNPC signed a new deal on a project of natural gas deliveries from Russia to China via a new pipeline in Russia's Far East.

IMF cuts global growth outlook, calls for accommodative monetary policy

IMF cuts global growth outlook, calls for accommodative monetary policy

Managing high public debt in a low-growth and low-inflation environment remains a key challenge for advanced economies, says the IMF.

V-Day: Xi rules out Chinese hegemony, announces troop cut

V-Day: Xi rules out Chinese hegemony, announces troop cut

Xi Jinping used the speech at the event, boycotted by most western leaders, to take a swipe at the US.