India can continue buying as much Russian oil as it wants, provided it steers clear of Western insurance, finance and maritime services, US Treasury Secretary Janet Yellen has said.

US-China rivalry is expected to feature in talks at the ASEAN summit in Phnom Penh, but the UN is also pushing hard for leaders to help end the war in Myanmar

Crypto exchange founder Sam Bankman-Fried transferred $10 billion of customer funds from FTX to his trading firm Alameda Research, sources allege, adding that about $1.7bn is 'missing'

The Institute of International Finance said Chinese bond markets have suffered total outflows of $105 billion over nine months, while Chinese stock portfolios lost $7.6bn in October, the most since March.

The yuan jumped in Asian afternoon trade after China ordered health authorities to ease some of Covid rules and US inflation data suggested that Fed rate hikes could start to slow

GDP rose 14.2% in the July-September period from a year earlier, the fastest since mid-2021, but the country's central bank expects growth to slow significantly next year

The latest data suggests the Fed's swift monetary tightening is beginning to have an impact. Some analysts said this may be the start of inflation being defused. US stocks jumped on Thursday

Moves by the Politburo caused Hong Kong's Hang Seng Index to soar by over 7% on Friday, while Shanghai's benchmark CSI 300 jumped by 3% and the yuan hit a one-month high

US Customs has seized 1,053 shipments of solar panels between June, when the Uyghur Forced Labor Protection Act took effect, and October, forcing three top suppliers to stop shipments

The US Trade Representative's office said the latest talks between Taiwan and officials from six US agencies went well, before they wound up in New York on Wednesday

Major Japanese companies such as NTT and Kioxia have said they will invest in a new state-backed company that aims to mass-produce next-generation logic semiconductors

The Association of Small Island States say the world's biggest polluters such as China and India must pay to help island nations cope with the damage caused by climate change