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India’s imports of Russian oil rose tenfold last year, according to Indian state-controlled lender Bank of Baroda. The figures show Asia’s third largest economy saved around $5bn (£4bn) as it…

At the end of last year, the lease on Eva Teh’s flat in central Singapore came up for renewal. The Singaporean and her husband were expecting their monthly rent to…

The US central bank has raised interest rates to the highest level in 16 years as it battles to stabilise prices. The Federal Reserve increased its key interest rate by…

“South Africa is stumbling into a hunger pandemic” and needs to remove VAT on chicken so that families can feed themselves properly, a trade advocacy group has told the BBC’s…

China says it has become the world’s biggest exporter of cars after overtaking Japan in the first three months of the year. Officials figures show China exported 1.07m vehicles in the…

Consumer prices continued to rise in the US during September fuelled by higher housing and petrol costs, new figures show. Inflation was 3.7% over the 12 months to September, which…