Central banks from Hong Kong, Thailand, China and the UAE issued CBDCs worth $12m on BIS’ mBridge platform to test cross-border transfers to and from commercial banks and foreign exchanges

The downgrade to B2 from B1 came after the Chinese conglomerate said last week its units would sell a combined 60% stake in Nanjing Nangang Iron & Steel United for up to $2.2bn

The onshore yuan finished the domestic session at 7.1825 per dollar, the strongest since October 12, while its offshore counterpart traded at 7.2151 at around 0830 GMT.

The Chinese leader has secured another term and surrounded himself with loyalists but must now deal with an ailing economy and an antagonistic West

The Chinese officials, Zheng Wang and Guochun He, allegedly attempted to bribe a US official to access details of a Huawei investigation

But Germany's economy and foreign ministries were still advising against the deal, even with the amended terms.

The likes of Rokid, Thunderbird Innovation and Nreal have all released new smart-glasses products this year, Pandaily said

Mobility statistics on flights, the movement of containers at major ports, plus city passenger traffic all deteriorated in October, the latest data in China shows.

The world is facing its "first truly global energy crisis" but IEA chief says that has sped up the transition to clean, renewable sources of power.

Securities regulators recently asked fund managers to prevent an excessive proportion of institutional investors in money market funds. At least 20% must be invested in liquid assets.

Australian Federal Police have arrested a former US military pilot and flight instructor who worked in China for many years, but now faces extradition to the US, court documents show

China's onshore yuan dropped to a near 15-year low on Tuesday after global investors dumped Chinese stocks and assets on Monday