Brazil, Russia, India, China and South Africa are meeting in Delhi to discuss a range of issues, including increased financial integration of the member countries.
The new iPad's smoke has finally cleared and the Apple fan crowd has now gathered around the iPhone 5 rumor mill. And they haven't been left disappointed. Though the actual release of Apple's sixth generation smartphone could be several months away, the rumor mill is churning in earnest and the latest buzz comes from RepairLabs, which reported that Texas Instrumentals have begun production of iPhone 5's power management chip.
Tibetan protesters clashed with the police as the leaders of five emerging economic powerhouses in the world met at the BRICS 2012 summit, in New Delhi. In an anti-China protest against the presence of Chinese president Hu Jintao in India, Tibetans unfurled the Tibetan flags in a protest rally held at less than a mile from the BRICS summit venue in the Indian capital.
Apple Inc's Tim Cook, on his first trip to China as the chief executive officer, has visited an iPhone production plant run by the Foxconn Technology Group, which is being accused of improper labor practices.
The BRICS nations signed two agreements aimed at promoting trade in local currencies on Thursday.
The two agreements, of which one will provide line of credit to the business community, while the other will examine the possibility of setting up a development bank, were signed by officials of the five member countries Brazil, Russia, India, China and South Africa, Reuters reported.
An unmanned European supply vessel carrying more than six tonnes of freight docked with the International Space Station (ISS) on Wednesday reinforcing Europe's role in the functioning of the ISS, space officials said.
Russia and India will start to trade in domestic currencies within the next three years according to the Chairman of Russian Development Bank.
Air China Ltd <0753.HK><601111.SS> has not cut or cancelled any Airbus orders and is sticking to the delivery plan for the aircraft, it said on Thursday, adding that it plans to expand capacity.
Japanese Prime Minister Yoshihiko Noda frequently entertains dignitaries from all over the world, but he was a touch star-struck on Thursday when he hosted a young billionaire with a whiff of celebrity: Facebook chief executive Mark Zuckerberg.
Asian stock markets ended lower for the second day on Thursday as weaker-than-expected US durable goods orders and an unexpected downward revision of Britain's economic growth weighed on the sentiment.
Australian Prime Minister Julia Gillard backed a ban on Chinese telecoms firm Huawei from tendering for major government contracts on Thursday after Beijing raised concerns about fair treatment for Chinese firms.
North Korea has started fueling a rocket, moving a step closer to its controversial launch mid-April, a Japanese newspaper has reported.
As leaders of the emerging world powers, Brazil, Russia, India, China and South Africa (BRICS) meet today in New Delhi, the focus is on the bloc's efforts to set up a development bank which will bring together resources required for development, especially in the infrastructure sector.
China has bumped up the annual long-term foreign debt quota allocated to foreign banks to $24 billion, allowing them to bring more money into the country as growth slows in the world's No.2 economy.
Apple Inc's Tim Cook, on his first trip to China as the chief executive officer, has visited an iPhone production plant run by the Foxconn Technology Group, which is being accused of improper labor practices.
The 542 percent increase, to $103.9 billion in 2011 from $16.2 billion in 2000, makes China the third-biggest export market for the United States after Canada and Mexico.
China has allocated $24 billion in long-term foreign debt quotas to foreign banks for 2012 to allow the lenders to bring more money into the Chinese economy, the National Development and Reform Commission said on Thursday.
Leaders of the top five emerging world powerhouses, Brazil, Russia, India, China and South Africa (BRICS), will kick off a two-day summit in the Indian capital today, eyeing increased trade cooperation and seeking common ground on the plan to set up a development bank.
Asian shares eased for a second day in a row Thursday, as investors limited their risk exposures on concerns about growth prospects in the world's two largest economies, the United States and China.
Miss Asia Pacific World is a new beauty pageant/model search spotlighting the gorgeous, talented women from all over the world. The U.S. is hosting its own pageant to select a lucky girl to represent the country in the Miss Asia Pacific World 2012 pageant.
Despite their political differences, varied economic clout and undefined association, the meeting between the leaders of Brazil, Russia, India, China and South Africa is set to highlight the group's growing independence
Chinese official Wang Lijun reportedly tried to meet with British officials in the city of Chongqing before seeking asylum at the nearby U.S. embassy.
