China Drops Dollar for Yuan in $88bn Russia Commodity Trade

Western sanctions against Russia over its invasion of Ukraine have given a boost to China's efforts to internationalise its currency,…

3 weeks ago

Host India Doesn’t Want G20 to Discuss Fresh Russia Sanctions

India is also pushing to avoid using the term "war" to describe Russia's invasion of Ukraine in official communique, G20…

3 months ago

Blinken Meets Top China Diplomat, Warns Against Russia Aid

Experts say the meeting might not change the downward trajectory in the US-China relationship, considering 'there is almost no trust…

3 months ago

India Says Russian Oil Imports Help Its Inflation Fight

India's crude oil flows from Russia have soared from 2% of its total imports to more than 12% since February…

9 months ago

India Cement Maker Pays For $26m Russian Coal Cargo in Yuan

UltraTech Cement is bringing in 157,000 tonnes of coal from Russian producer SUEK and paying for it with Chinese yuan

11 months ago

Japan Firms Slowest of G7 Nations in Exiting Russia, Survey

Just under 3% of 168 Japanese companies have exited Russia after its invasion of Ukraine, a Yale School of Management…

11 months ago

Asia Stocks Rally But Stagflation, War Cast Long Shadow

Investors across the region were encouraged by a Wall Street rally despite ongoing concerns about growth and inflation in a…

12 months ago

China Economy Less Affected Than Most by Ukraine War: OECD

The report noted that the conflict in Ukraine and the supply-chain disruptions exacerbated by China's zero-Covid policy are dealing a…

12 months ago

Asian Stocks Lifted by Hopes US Will Cut China Tariffs

Tech firms responded positively to the news the US is reviewing its tariffs on Chinese goods, while China’s easing Covid…

12 months ago

Asian Shares Dip as Inflation, Recession, Oil Fears Weigh

China’s markets were lifted by easing Covid curbs and new stimulus measures but global recession worries cast a shadow over…

12 months ago

Asian Stocks Lifted by Stimulus, Easing US-China Tensions

But confidence on trading floors still remains thin over soaring prices, tighter monetary policy, China's Covid lockdowns and war in…

1 year ago

Asian Stocks Slip as Growth, Inflation Fears Deepen Gloom

Asia shares stumble with worries over growth in China’s Covid-affected economy continuing to weigh heavy on sentiment

1 year ago