Bye-bye gas subsidies

China moves to cool food prices
China promises to double subsidies for pig farmers to ensure pork supplies and stabilize surging food prices.

Chinese trade surplus at new high
China's trade surplus hit a monthly record of $28.7bn in August as the gap with the US and Europe widens.

Indian bank chief wary on prices
Inflation has moderated but still poses a risk to the Indian economy, India's new central bank governor says.

China sets sights on rail record
China plans to produce the world's fastest bullet train for a new rail link between Beijing and Shanghai.

India's economic growth slowing
India's economy grows by 7.9% in the quarter to June, figures show, its slowest rate for more than three years.