The Biden administration is keen for Indian officials to cut through the red tape and advance the deal ahead of Prime Minister Narendra Modi's US visit next week
The speed of the yuan's slide has caught many off-guard. JP Morgan recently downgraded its year-end yuan forecast, from 6.85 per dollar to 7.25 per dollar.
Tokyo’s benchmark reached another 33-year high but worries over China’s post-Covid bounceback dampened the mood elsewhere
Foreign minister Qin Gang said the US should interfering in China's internal affairs and harming its security interests in a call on Wednesday to Blinken, who is due in Beijing on Sunday
New bank lending rose to $190 billion in May – more than $30bn short of forecasts – prompting analysts to predict the PBOC will need to step in
The deal, for 100,000 tonnes of crude from Moscow, was completed in the Chinese currency and not the US dollar which dominates international oil trade
Chip designer Arm is looking to raise $8-$10 billion on Nasdaq, setting the stage for this year's largest initial public offering
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.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.