BRICS countries on Wednesday morning have launched the BRICS Business Council, the key institution expected to drive private sector investments among the five member countries.
The fifth BRICS summit opened in Durban, South Africa, Tuesday night with President Jacob Zuma hosting a banquet for his counterparts of the five-member grouping and African heads of state and government at the special invitation.
The World Bank on Tuesday welcomed the move taken by the BRICS countries to establish a development bank, vowing to work closely with the new lender to end poverty and build shared prosperity throughout the developing world.
The Obama administration on Tuesday dismissed Pyongyang's fresh threats of striking bases in the United States and the Republic of Korea as following a pattern "designed to raise tensions and intimidate others."
The U.S. dollar traded mixed against major currencies Monday. It advanced against the euro as concerns over the euro-zone banking sector remained after Cyprus and international lenders reached a bailout deal.
The U.S. government on Monday condemned the recent violence in the Central African Republic (CAR) where rebels seized control of the country's capital on Sunday.
Perhaps Jim O'Neil, an economist with Goldman Sachs, would have never imagined that the word "BRICs" he coined in a 2001 research paper could have in reality helped assemble the power of the world's five emerging market economies.
French former president Nicolas Sarkozy was charged with taking financial advantages of the L'Oreal heiress Bennecourt, his lawyer said Thursday night.
U.S. President Barack Obama urged Israel's young generation to push for ending a decades-long conflict with the Palestinians, assuring the Israeli public that it has the unshakeable U.S. support for making the sweeping changes required to forge a lasting peace.
The United Nations Human Rights Council decided Thursday to establish an inquiry commission to investigate the "systematic, widespread and grave violation of human rights" in DPRK.
Five million Scots will vote in September next year to decide whether they will seek independence and leave the United Kingdom.
U.S. President Barack Obama said here Wednesday that he prefers to deal with the Iranian nuclear issue in a "diplomatic" manner, which is in the interests of Iran itself.
U.S. President Barack Obama received a grand welcome ceremony upon arriving at the Ben Gurion international airport near Tel Aviv of Israel around Wednesday noon.
UN Secretary-General Ban Ki-moon called for an inclusive and sustainable human development that will bring happiness for people around the world, especially those who lack basic material well-being.
The UN Security Council on Tuesday unanimously adopted a resolution to renew the mandate of the UN Assistance Mission in Afghanistan (UNAMA) for another year.
U.S. President Barack Obama left on Tuesday night for a three-day visit to the Middle East, with focus on Iran's nuclear program, the Syrian conflict and the Israeli-Palestinian peace process.
U.S. stocks closed mixed in a volatile trading day on Tuesday, with the Dow eking out tiny gains amid uncertainties in Cyprus after its parliament rejected a proposed tax on bank deposits.
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