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India announces first BRICS Bank President

India announces first BRICS Bank President

The bank is establishing its headquarters in Shanghai.

EU to introduce migrant quotas for member states

EU to introduce migrant quotas for member states

The EU says that it will begin to "distribute" refugees and migrants among the 28 countries that make up the European body.

China stocks rise on rate cut

China stocks rise on rate cut

This is the third round of rate cuts by the PBOC following one in November 2014 and another in March 2015.

SA President Zuma takes swipe at West for VictoryDay boycott

SA President Zuma takes swipe at West for VictoryDay boycott

BRICS leaders Chinese President Xi Jinping & his South African & Indian counterparts Jacob Zuma & Pranab Mukherjee joined Putin at the parade.

WW2 VictoryDay: Putin warns fascism on the rise again

WW2 VictoryDay: Putin warns fascism on the rise again

This was the first time Indian and Chinese soldiers participated in a Russian Victory Day parade.

China-Russia sign raft of agreements after Xi-Putin talks

China-Russia sign raft of agreements after Xi-Putin talks

Russia is looking at expanding Chinese banks’ possibilities for extending credit lines to Russian companies.

VictoryDay parade: Putin to welcome leaders of India, China, SA

VictoryDay parade: Putin to welcome leaders of India, China, SA

Russia’s Red Army lost 8.5 million troops in World War II – a figure comparable only with German losses.

Cameron defies polls, wins outright majority

Cameron defies polls, wins outright majority

It would not be the first time that the polls have underestimated support for the Conservatives.

China April foreign trade drops 10.9%

China April foreign trade drops 10.9%

Trade with Japan plummeted by 11 per cent during this period.

Russians remember defeat of Nazi Germany

Russians remember defeat of Nazi Germany

Seventy years ago, Nazi Germany surrendered to the USSR and Allies, marking the end of WWII in Europe.