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India is free to join the Regional Comprehensive Economic Partnership (RCEP), China's Vice Commerce Minister Wang Shouwen said on Friday in New Delhi, adding that it would boost trade between India and China which is growing "very fast". The RCEP is the world's largest trade bloc backed by China and groups 15 Asia-Pacific economies, including Australia, Japan, New Zealand and 10 member-states of the Association of Southeast Asian Nations (ASEAN). Relations have soured ...
Chinese minister says India free to join RCEP trade bloc
Prime Minister Narendra Modi is scheduled to attend the high-level annual meeting of the UN General Assembly in September, according to the roster of speakers released by the office of the Assembly president. The tentative roster has him speaking on September 22 between 3 p.m. and 9 p.m. local time (12:30 a.m. and 6:30 a.m. in India on September 23), but it is likely to be changed to a more hospitable time for viewers in India. This will be his second visit to the UN and the US th...
PM Narendra Modi scheduled to attend United Nations General Assembly in September
The U.S. dollar slipped on Monday as a pick-up in market sentiment drove stocks and riskier currencies higher, while the yen gained on reports that Japan will consider revising a decade-old blueprint for fighting deflation. The dollar index - which tracks the greenback against a basket of six major currencies - fell 0.4% to 104.410, reversing some of its gains from the previous week after the U.S. Federal Reserve and European Central Bank hiked rates. A rebound in risk sentiment across ...
Dollar slips as markets bounce, Japan policy shift talk lifts yen
South Korea and China held a business dialogue on Monday involving business leaders, and former and incumbent government officials, following November's summit between the leaders of the two countries. Increasing high-level talks and 1.5-track public-private dialogue platforms were among the areas South Korean President Yoon Suk-yeol and Chinese President Xi Jinping agreed on during their first summit in Bali in November, which took place on the sidelines of a Group of 20 meeting. T...
South Korea, China resume dialogue on economic, trade cooperation
Hard on the heels of this month's fractious COP27 climate talks in Egypt, exhausted environmentalists are shifting their attention to another upcoming U.N. green summit, known as COP15. At the Dec. 7-19 gathering in Montreal, about 195 countries will be tasked with finalising a new global biodiversity deal to halt damage to plants, animals and ecosystems - similar to the 2015 Paris Agreement to tackle climate change. Hit by pandemic delays and moved from China due to COVID-19 restri...
Explainer-COP15: Why the world needs a new deal to protect nature
Prime Minister Narendra Modi and his British counterpart Rishi Sunak will meet on Wednesday at the G20 Summit in Bali during which the two leaders will confirm "a new bespoke, reciprocal route" which will open in early 2023 to give young professionals a once-in-a-lifetime opportunity to take part in a professional and cultural exchange. Hours after Sunak and Modi met on the sidelines of the summit on Tuesday, the British Prime Minister announced that 3,000 Indians will be granted...
G20: Prime Minister Narendra Modi, Rishi Sunak to confirm new bespoke route for young professionals
Oil prices jumped more than 2% on Friday after health authorities in China, the top global crude importer, eased some of the country's heavy COVID curbs. Brent crude futures rose $2.39, or 2.6%, to $96.06 a barrel by 0745 GMT, extending a 1.1% rise in the previous session. U.S. West Texas Intermediate (WTI) crude futures gained $2.24, or 2.6%, to $88.71 a barrel, after climbing 0.8% in the previous session. The easing curbs include shortening quarantine times for close contacts o...
Oil jumps by over 2% as China eases COVID curbs
The BRICS member nations have a similar approach to the governance of global economy and mutual cooperation can make a useful contribution to the post-Covid economic recovery, Prime Minister Narendra Modi said on Thursday. "We, the BRICS member countries, have had a very similar view on the governance of the global economy. So our mutual cooperation can make a useful contribution to post-Covid global recovery," Modi said in his opening remarks at the virtual 14th BRICS Summit on ...
PM Narendra Modi calls for mutual cooperation for post-Covid economic recovery
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