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China announces $6.5 bn govt venture capital fund

China announces $6.5 bn govt venture capital fund

In the first half of 2014, 83 new funds were set up in China's venture capital market.

Russia, US space agencies cooperating after leak scare at ISS

Russia, US space agencies cooperating after leak scare at ISS

US astronauts took shelter most of the day in Russia’s modules after an ammonia leak alarm at the $100 billion space outpost.

India Central Bank cuts interest rates to bolster growth

India Central Bank cuts interest rates to bolster growth

The RBI has been keeping the benchmark interest rate at elevated level at 8 per cent since January 2014.

Oil price lower than $50 in 2015 to cost Russia budget $46 bn

Oil price lower than $50 in 2015 to cost Russia budget $46 bn

The Russian Finance Ministry could get windfall by selling currency reserves owing to the ruble undervaluation.

World Bank cuts Russia growth outlook, warns on global economy

World Bank cuts Russia growth outlook, warns on global economy

Russia's gross domestic product (GDP) to decline by 2.9 per cent in 2015, says the the Washington-based lender.

China sends off 4th Ebola aid shipment with 232 medical workers

China sends off 4th Ebola aid shipment with 232 medical workers

There are plans to send more supplies, which should arrive in the affected nations in mid-March.

China exports rose 6.1% in 2014

China exports rose 6.1% in 2014

Trade with the EU edged up 8.9 per cent year on year to 3.78 trillion yuan in 2014.

SA President to visit Ebola-hit Guinea

SA President to visit Ebola-hit Guinea

The Gueckedou prefecture in Guinea is where the Ebola outbreak first started.

Indian govt says stake sales in multiple state-owned companies by March-end

Indian govt says stake sales in multiple state-owned companies by March-end

The government is aiming to sell a 5% stake in state miner Coal India, which could fetch about $1.5 billion.

China backs Africa politically and economically: Chinese FM in Africa

China backs Africa politically and economically: Chinese FM in Africa

During his Africa trip earlier last year, Chinese Premier Li Keqiang unveiled extra aid for Africa totaling $12 billion.