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OPEC fails to agree on output … again

OPEC fails to agree on output … again

Two camps - led by Saudi Arabia and its adversary Iran - have essentially divided the once united oil cartel.

With global growth stuck in low gear, Li sees opportunity for China, India

With global growth stuck in low gear, Li sees opportunity for China, India

The dynamism of Asia is needed more than ever, the Chinese Premier said.

China manufacturing PMI remains steady, signals economic stabilization

China manufacturing PMI remains steady, signals economic stabilization

The purchasing managers' index (PMI) for May came in at 50.1, the same as in April.

Unpopular and scandal plagued, what legitimacy does Brazil’s interim government have to impose painful cuts?

Unpopular and scandal plagued, what legitimacy does Brazil’s interim government have to impose painful cuts?

The measures taken by Brazil's interim government to roll back Brazil’s social safety net clearly wouldn’t receive popular support through vote, writes Cowie.

Unclear if EU will renew sanctions against Russia: German FM

Unclear if EU will renew sanctions against Russia: German FM

For sanctions to be extended beyond July, all 28 EU members would have to be in agreement.

Rights groups: Conviction of Chadian dictator a major victory

Rights groups: Conviction of Chadian dictator a major victory

It took some 26 years and the accounts of more than 60 of his victims to bring Habré to trial and conviction.

China the best of the BRICS in IMD Competitiveness ranking

China the best of the BRICS in IMD Competitiveness ranking

India's global competitiveness rank rose three notches to 41 from a year ago although China still managed to beat it to the top spot among BRICS.

Chinese firm announces $25mn expansion of newly-acquired Australian port

Chinese firm announces $25mn expansion of newly-acquired Australian port

The deal, underlining the growing China-Australia economic ties, has come under the scanner of Washington.

Are markets ready for a US rate hike?

Are markets ready for a US rate hike?

A rate hike is likely before September, some believe, as the Fed looks for more positive signs from the economy.

China’s PBOC pumps more money into market

China’s PBOC pumps more money into market

The yuan weakened 294 basis points on Monday to 6.5784 against the US dollar, the lowest level since February 2011.