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China allows direct trading between yuan, Singapore dollar

China allows direct trading between yuan, Singapore dollar

The yuan has staged a spectacular rise in recent years on the back of China's economic ascent.

China is world’s largest industrial robot market

China is world’s largest industrial robot market

Beijing’s embrace of higher wages to help bolster consumer spending is expected to spark a jump in factories using robots.

China, India launch new Asia Infrastructure Bank

China, India launch new Asia Infrastructure Bank

21 Asian nations signed on as founding members of the new Asia Infrastructure Investment Bank (AIIB) in Beijing on Friday.

Chinese to head UN’s telecom agency

Chinese to head UN’s telecom agency

Zhao Houlin was elected as the first Chinese secretary-general in the 150-year history of ITU.

SA Finance Minister outlines plans to reduce spending

SA Finance Minister outlines plans to reduce spending

Nene on Wednesday presented his maiden Medium Term Budget Policy Statement.

Brazil’s Embraer unveils new military cargo jet

Brazil’s Embraer unveils new military cargo jet

Embraer is the world's third-largest manufacturer of commercial airplanes, after US giant Boeing and Europe's Airbus.

China GDP growth at 7.3% in 3rd quarter

China GDP growth at 7.3% in 3rd quarter

This marked the slowest quarterly growth since the first quarter of 2009.

India raises gas prices by 33%

India raises gas prices by 33%

Higher gas prices would increase infrastructure and food costs and accelerate the rate of inflation.

India unveils efforts to revamp labour laws

India unveils efforts to revamp labour laws

India’s archaic labour laws, some of which date back to 1923, are seen as an impediment to manufacturing.

China, Russia ink currency swap, energy deals

China, Russia ink currency swap, energy deals

Russian sanctions-hit banks have signed agreements with China's Exim bank to open credit lines.