Backgrounder: Chronology of global counter-crisis actions since 1st BRIC summit

Financial and economic issues will be high on the agenda of the second BRIC summit to be held Thursday in Brasilia, Brazil, aiming to accelerate the economic recovery.

U.S. Senate expected to add stricter rules on derivatives market

The U.S. Senate is expected to add stronger regulatory rules on the unpoliced derivatives market, a leading senator said on Thursday.

U.S. Fed survey says economic activity increased

Economic recovery in the United States is spreading in most parts of the country, except one district reported "softened," the Federal Reserve said Wednesday in its latest survey on business conditions.