India will spend $24 billion on efforts to create more jobs over the next five years and boost rural spending, Finance Minister Nirmala Sitharaman said on Tuesday

China has computers that are faster than US machines rated as the best in the world, but refuse to talk about them as they fear more sanctions, a US expert has said

US Treasury Secretary said in May that India and China were hindering a global deal on an alternative transfer-pricing mechanism in the Pillar 1 agreement; G20 finance minister talks are now continuing in Rio

The amount raised so far this year from China is up 1,588% on the same period in 2023, the LSEG data showed; Japan's deal value has increased by 486%.

The tightening of regulations on China's 5.2 trillion yuan ($715 billion) hedge fund sector comes as President Xi Jinping seeks to foster a leaner and cleaner financial industry

The retirement age for men is 60, five to six years below most developed economies, while for women it is 50 or 55. The move will ease a soaring pension budgets crisis

The PBOC cut rates on its seven-day reverse purchase agreements, leading to a similar drop in its loan prime rates (LPR), pulling bond yields down across the curve

Beijing faces a credibility deficit on its 'old' policy agenda and will need to act with urgency if it wants to lift business and consumer sentiment, economists say

Notes from the plenum had no details on how Beijing plans to reach its goals, such as getting consumers to spend more when resources go mainly to producers and infrastructure

Outage led to US airlines ordering all planes grounded amid communication issues, plus big impacts on media, banks, retailers and telecom companies around the world

Nornickel is trying to move significant production away from Russia to major consumer China, to avoid sanctions against Moscow over its war with Ukraine

13 BYD dealerships will open in Vietnam on Saturday and the carmaker hopes to boost that to about 100 by 2026, but a decision on a local plant is yet to be made