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Zhongzhi Enterprise Group, which manages over $137 billion in assets, has hired a top accounting firm to help it deal with a liquidity crisis. Its Zhongrong Trust has stopped payments to investors
The Bank of Japan has stuck to its ultra-loose monetary policy as global central banks have hiked interest rates, making returns in other countries look more attractive
The progress made on reducing emissions intensity could help India avert pressure by developed nations to stop using coal, officials said
The biggest foreign bank in Myanmar warned local banks last week it will restrict all payments to and from Myanmar accounts, a move could help bring a quicker end to the country's bitter civil strife
Customs data on Tuesday showed imports dropped 12.4% in July year-on-year, while exports were down 14.5% amid weak demand both at home and abroad
The announcement by US state officials came after the two countries signed an "Open Skies" civil aviation agreement
Analysts say a review by Congress of stock holdings in BlackRock funds could lead to a wider crackdown on US investment in China funds
China and Saudi Arabia have begun discussion on allowing exchange-traded funds (ETFs) to list on their countries' stock exchanges in a move to deep financial ties
China said on Friday it would drop tariffs imposed on Australian barley imports three years ago that affected billions in trade; eyes are now on curbs imposed on wine and other goods
New PBOC governor Pan Gongsheng met with companies on Thursday and pledged to channel resources, such as bonds and debt financing to help troubled property firms, local governments
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Energy: The Big Picture
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
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Transport InsightsAnglo-American Puts World’s Biggest Hydrogen Truck to WorkMining giant Anglo-American has unveiled a prototype of what it says is the world’s largest hydrogen-powered mining truck
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Energy InsightsWhat is China’s Tokamak Fusion Reactor?The goal of the Experimental Advanced Superconducting Tokamak project is to unlock the secret to clean and limitless energy on earth, with minimal waste products
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Energy InsightsDoes US Warning to India Point to More Russian Oil Restrictions?The US state department says it is aware of talks between Russia and India concerning the purchase of oil. It has no objection to India buying Russian oil, provided it buys at discount
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Market InsightsKazakhstan Unrest Poses Risks for World EconomyHundreds of people have died and thousands have been detained in Kazakhstan during the worst violence seen in the Central Asian nation since it became independent in the early 1990s. The unrest in Kazakhstan poses risks for energy markets, and even cryptocurrencies.
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