Politburo vows to manage the country's overcapacity crisis that have plagued key sectors – such as EVs, solar and more – by boosting capacity cuts in the second half of this year

City's stablecoin bill is set to take effect on Friday. And the first handful of licences for stablecoin issuers could be granted early next year

India and Vietnam exported more phones to the US than China in the second quarter, amid shifts in production and tariffs imposed by President Trump, a new report says

Chinese developers of large language models and artificial intelligence chip manufacturers including US-sanctioned Huawei, Biren, and Moore Threads will join hands to build an AI 'ecosystem'

Leaders accept peace proposal, while debate rages on why fighting flared. Bangkok says it stems from a Thai crackdown on a notorious scam centre operator.

EU agrees to invest $600 billion and buy more US products in return for Trump halving his threatened tariff on most European goods to 15%

A 90-day extension would slow escalation and help planning for a possible meeting between Trump and Xi Jinping in October or early November

With China demanding a stake in the $23bn sale, officials in Beijing and Washington may need to negotiate who gets what, as part of a bilateral trade deal

The EU wants Xi to convince Putin to accept a ceasefire, Von der Leyen said. But she said her meeting with Xi went well.

Indian PM rushes to sign free-trade pact with Britain before trying to finalise an onerous tariff deal with Trump; Starmer says huge benefits for both sides.

Trump said Filipino goods would face a 19% tariff rate while the Philippines will open its market to US autos, soy, wheat products and medicines

The move comes at a time when the Asian superpowers are being rocked by a trade war instigated by the Trump Administration. Delhi is also upset at Trump's dealings with Pakistan's army chief.