Follow us on:   
Home » Archives by category » BRICS Business (Page 71)

Indian stocks open flat ahead of inflation data

Indian stocks open flat ahead of inflation data

The Indian Prime Minister said last week that India will have to brace for some “tough economic decisions” to improve its financial health.

China power consumption rises 5.2%

China power consumption rises 5.2%

Coal fuels much of China’s electricity grid, although, efforts to curb pollution mean coal's share of the country's energy mix is set to dip.

China industrial production rises 8.8% in May

China industrial production rises 8.8% in May

The value of the Chinese currency renminbi, or the yuan, strengthened 13 basis points to 6.1503 against the US dollar in its central parity on Friday.

Indian govt to review gas pricing formula

Indian govt to review gas pricing formula

Investment in India’s domestic exploration and production has been deterred by the previous government keeping prices below global market levels.

Indian rupee drops to one-week low against dollar

Indian rupee drops to one-week low against dollar

Official government figures released yesterday revealed the widest trade deficit in ten months, $11.2 billion in May.

Putin offers to keep Ukraine gas discount afloat

Putin offers to keep Ukraine gas discount afloat

He said conditions proposed by Gazprom to Kiev were "absolutely identical" with those to ousted President Yanukovych's government.

China battles 4-month high inflation

China battles 4-month high inflation

Food prices increased 4.1 per cent year on year, shows new data released on Tuesday.

China’s exports up 5.4%, imports down 2.9% in May

China’s exports up 5.4%, imports down 2.9% in May

China’s customs data shows the country’s total foreign trade went up 1.5 per cent year on year to over $346 billion.

Russia, North Korea to switch to ruble settlements

Russia, North Korea to switch to ruble settlements

Putin in Seoul in November 2013 backed a new Asian-European rail trade route, a transport corridor linking the Asia-Pacific region, Central Asia, and Europe.

Economic outlook sunnier with risks of storms: SA Reserve Bank

Economic outlook sunnier with risks of storms: SA Reserve Bank

The Central Bank lowered its economic growth outlook for South Africa for 2014 from 3% in November to 2.1% in May.