China and Japan have agreed to start direct trading of their currencies from Friday as Beijing moves toward making the yuan more of a global currency.Until now, China has only allowed direct trading between the yuan and the U.S. dollar, under tight limits that have been loosened only gradually.The People's Bank of China said Tuesday that it had authorized the move to help improve the foreign exchange
Australia has reportedly expelled a Syrian diplomat in protest over the recent massacre in the town of Houla, where over 100 people including at least 32 children were killed.
Frustrated by China's market barriers, European companies might shift future investment to other economies, a business group said Tuesday, in an unusually pointed warning about a possible backlash
Russia's Foreign Ministry on Monday harshly criticized the U.S. ambassador for his remarks at a meeting with students, accusing him of breaking diplomatic etiquette and misrepresenting Moscow's
While some of the active/global macro foreign funds have been underweight on India, long-term investors, including sovereign funds, have continued to remain committed, says Nitin
When promising tech company Subex sold $180 million in five-year convertible bonds in March 2007 to fund the acquisition of a Canadian technology company, India was at the height of an
India should be careful when d...India should be careful when dealing with foreign countries: Antony
Handicraft industry flourishes...Handicraft industry flourishes in Raj village due to interfaith harmony
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