BYD signs deal to build cross-sea monorail in Brazil2019-02-15
Chinese leading electric vehicle maker BYD has signed a deal to start building its SkyRail in Salvador, Brazil, according to a release of BYD North America on Thursday.

Brazilian retail sales grow 2.3 pct in 2018, best result since 20132019-02-14
Brazil's retail sales, one of the country's economic engines, grew 2.3 percent in 2018 over the previous year, the best result since 2013, the state-run Brazilian Institute of Geography and Statistics (IBGE) said Wednesday.

Russian Economic Development Ministry sees growth slowdown in 20192019-02-13
Russia's Economic Development Ministry said Tuesday the country's gross domestic product (GDP) growth will slow down to 1.3 percent this year after a higher-than-expected 2.3 percent in 2018.

S. Africa's unemployment rate marginally drops2019-02-13
South Africa's unemployment rate has slightly declined to 27.1 percent in the fourth quarter of 2018 from 27.5 percent the previous quarter, data released by Statistics South Africa on Tuesday showed.

Russia to spend 391 bln USD on strategic development projects2019-02-12
Russia plans to spend over 25.7 trillion rubles (391 billion U.S. dollars) on projects in a dozen national strategic development areas in 2019-2024, the Russian government said Monday.

Brazil's inflation forecast down to 3.87 pct for 2019: central bank2019-02-12
Brazil's financial market has cut its forecast of the country's inflation rate from 3.94 to 3.87 percent for 2019 and kept the rate at 4 percent for 2020, said the Central Bank of Brazil on Monday.

State Bank of India back into net profit in October-December 20182019-02-02
India's largest bank, State Bank of India, has reported a net profit of 554.32 million U.S. dollars in the October-December quarter, led by improvement in slippage ratio and credit cost, beating analysts' expectations.

Brazil's industrial output up 1.1 pct in 20182019-02-02
Brazil's industrial output increased 1.1 percent in 2018, the Brazilian Institute of Geography and Statistics (IBGE) announced Friday.

Brazilian unemployment rate hits 12.3 pct in 20182019-02-01
Brazil ended 2018 with an average unemployment rate of 12.3 percent, or 12.8 million jobless people, the Brazilian Institute of Geography and Statistics (IBGE) said Thursday.

India announces direct money transfer scheme for small farmers2019-02-01
The government of India on Friday announced a "direct money transfer" scheme for small and marginalized farmers owning up to two acres of agriculture land, whereby the farmers would receive 6,000 Indian Rupees annually from the government.

Tik Tok captures India's attention-seeking rural teenagers2019-01-29
Is a student in Kolkata, the capital of the Indian state of West Bengal, who spends two hours a day on short video app Tik Tok.Immersed in the short video app for over one year, she already has 79900 followers and has received 205500 likes on the app.

Moody's says S. Africa has a stable outlook2019-01-15
Rating agency Moody's said on Monday that South African started the year 2019 on a stable outlook with a gradual strengthening of institutions and increasing transparency.

China-Russia trade volume tops 100 bln USD2019-01-11
Trade volume between China and Russia exceeded 100 billion U.S. dollars by mid-December 2018, a record high, the Ministry of Commerce (MOC) announced Thursday.

S. African economy expected to grow 1.3 pct in 2019: World Bank2019-01-10
South Africa's gross domestic product (GDP) is projected to grow 1.3 percent in 2019, said World Bank in its Global Economic Prospects report released on Tuesday evening.