Topping the list and maintaining its lead is US with a brand value of $25,899 billion which rose by 23% from last year.

The technology will help made-in-China locomotives tap the global market. These smart trains are expected to transport goods reducing China's cost in international trade.

US says it could remove India from currency monitoring list; Facebook shareholders back proposal to remove Mark Zuckerberg as chairman; PNB fraud: ED seizes over Rs 218 crore assets of Mehul Choksi, others;  Reliance Industries posts highest ever net profit of Rs 9,516 crore in Q2. Watch more in this episode of Business Wrap.

US says it could remove India from currency monitoring listThe US could remove India from its currency monitoring list of major trading partners, the Treasury Department has said, citing certain developments and steps being taken by New Delhi which address some of its major concerns. India for the first time was placed by the US in its currency monitoring list of countries with potentially questionable foreign exchange policies in April along with five other countries - China, Germany, Japan,...

The goods trade deficit has widened out in the first half to 6.4 per cent of the GDP as oil prices have risen.

Kohei Komamura, an Economics professor at Keio University who studies approaches to finance in an aging society said that this is going to have a massive impact on the Japanese economy.

OPEC says the stability achieved in past month is being threatened by headwinds from frictions between leading trading partners of the world, revision of monetary stimuli and upward movement in interest rates.