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Russian economy to ‘turn the corner’ – IMF

Russian economy to ‘turn the corner’ – IMF

An IMF report has praised Moscow for measures that have helped soften the blow of recession.

BRICS bank to issue $448 mn of yuan green bonds

BRICS bank to issue $448 mn of yuan green bonds

An NDB statement said the green bonds will be issued on 18 July with a 5-year tenor to raise funds for clean energy and infrastructure projects.

Oil prices fall on oversupply fears

Oil prices fall on oversupply fears

Weaker demand for oil has meant that companies have to find adequate storage facilities.

Market economy status, Silk Road dominates EU-China summit

Market economy status, Silk Road dominates EU-China summit

Whether the EU should recognize China as a market economy is a politically-charged debate within the 28-member bloc.

Emerging markets jump on Japan stimulus

Emerging markets jump on Japan stimulus

With extra liquidity generated by stimulus packages, emerging markets are appearing more lucrative to investors.

Hague Tribunal ruling on South China Sea a “farce”: China

Hague Tribunal ruling on South China Sea a “farce”: China

"The award is null and void and has no binding force," the Chinese Foreign Ministry said in a statement.

European, Japanese markets up as UK chooses new PM

European, Japanese markets up as UK chooses new PM

Brexit fears over? Global markets rally on talk of Japan stimulus package.

India to lend Kenya $45 million for manufacturing sector

India to lend Kenya $45 million for manufacturing sector

India and Kenya have signed seven pacts, including in the field of defence and security.

India’s growth quandary

India’s growth quandary

As Prime Minister Narendra Modi seeks new ways to accelerate economic growth, a top economist warns that growth must be inclusive and sustainable.

Food scarcity persist as Venezuela crisis deepens

Food scarcity persist as Venezuela crisis deepens

A major oil exporter, Venezuela's fiscal crisis has been worsened by a political impasse with the opposition.