Tag: BRICS

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BRICS leaders meet in South Africa as bloc weighs expansion

Leaders of the BRICS nations - Brazil, Russia, India, China and South Africa - converged on Johannesburg on Tuesday for a summit where they...

‘BRICS bank’ issues first South African rand bonds

The development bank founded by the so-called BRICS countries closed the auction for its first South African rand bonds on Tuesday, as it comes...

‘BRICS bank’ looks to local currencies as Russia sanctions bite

Hobbled by the impact of sanctions against founding shareholder Russia, the New Development Bank (NDB) set up by the BRICS countries needs to increase...

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Global bond funds register big outflows on rate worries

Global bond funds saw their biggest weekly outflows in...

HSBC to acquire Citigroup China consumer wealth business

HSBC is set to acquire Citigroup's China consumer wealth management...

Chinese loans to Africa plummet to near two-decade low – study

Chinese sovereign lending to Africa fell below $1 billion...

Dollar holds near 10-month high, keeps heat on yen, euro

The dollar steadied near its highest level since November...

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