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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.

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.

China, South Africa condemn South Sudan fighting

China, South Africa condemn South Sudan fighting

The UN Security Council has told rivals President Salva Kiir and Vice-President Riek Machar to rein in their forces.

India to extend $92 mn loan for Tanzania water projects

India to extend $92 mn loan for Tanzania water projects

Both India and China are trying to expand presence in East Africa's second-biggest economy.

G20 trade ministers discuss protectionism, global recovery in Shanghai

G20 trade ministers discuss protectionism, global recovery in Shanghai

Chinese Commerce Minister Gao Hucheng has welcomed the adoption of the G20 trade growth strategy on Sunday. Trade Ministers from the group of 20 nations wrapped up a two-day meeting

China June inflation slows

China June inflation slows

Food, cigarette and liquor prices increased 3.7 percent year on year in June, slowing from 4.7 percent in May.