"We have been working for many years now on localisation, vertical integration in India, to enjoy the smart frugality of India," CEO Carlos Tavares said

Hit hard by the pandemic, rising oil prices and populist tax cuts, Sri Lanka's dire economic situation has led to spiralling inflation and shortages of essential supplies

Stablecoins are meant to offer a reliable investment option, unlike unpegged cryptocurrencies like bitcoin or ether, which are very volatile

While the US accounts for more than a third of all bitcoin mining - as measured by power consumption - China has taken the second spot, with 21.11% of the total

China’s achievement was made with local technology, which it was forced to develop due to Washington's imposition of technology sanctions

Securities brokerages will issue credit default swaps or credit risk mitigation warrants for the bonds to make them more attractive

Liu He spoke at a meeting convened by the Chinese People's Political Consultative Conference in the strongest sign yet that Beijing would ease off on the sector

The results fuelled fears of stagflation - a mix of weak growth and rising inflation - as the world's third-largest economy contracted at an annualised rate of 1.0%

Average new home prices in 70 major cities fell 0.2% on a month-on-month basis, compared with zero growth in March, according to Reuters calculations

Transport, banks and materials stocks had a higher share price correlation with the exchange rate, perhaps because they are more affected by general economic conditions

Project Ivovik will be the European country's biggest wind farm and largest-ever investment in renewable energy sources by a Chinese enterprise

The company has partnered with Hong Kong’s largest wireless mobile operator, CSL, to create 5G AR experiences through an app it created