Ahead of a three-nation summit this week-end involving South Korea, China and Japan, their trade ministers have agreed to work for creating a free-trade bloc as a part of efforts to spur economic partnership among the three Northeast Asian nations, said a joint statement Sunday.

• May 24, 2010

Russian Prime Minister Vladimir has announced that his proposed customs union with former Soviet republics Belarus and Kazakhstan will not come into force by its previously planned July deadline.

• May 24, 2010

US and Chinese officials urge better co-operation at the start of high-level talks on trade and security in Beijing.

• May 24, 2010

South Korea's president suspends trade with the North, after a report blamed Pyongyang for sinking a southern warship.

• May 24, 2010

The head of a parliamentary foreign affairs committee was quoted on Friday as saying that sanctions on Iran being discussed by world powers would not stop Russia from delivering S-300 surface to air missiles to Tehran.

• May 24, 2010

Iran's letter to the IAEA confirming its deal with Turkey and Brazil over an exchange of uranium will advance negotiations on Tehran's nuclear program, Brazilian Foreign Minister Celso Amorim said Friday.

• May 22, 2010

This week Russian President Dmitry Medvedev made his first state visit to Ukraine. After five years of cold relations between the two countries, this trip was meant to cement much warmer ties with Ukraine’s new, Moscow-friendly leader.

• May 22, 2010

The selling price of power generated by gas-based plants will go up by up to Rs 1.20 per unit on account of the hike in the price of natural gas, government said today.

• May 21, 2010