Central banks around the world have been working on digital versions of their currencies for retail use to avoid leaving digital payments to the private sector, the BIS said this week

Bankers said on Wednesday the RBI is calling for more lenders to take part in pilot programmes using the e-rupee in a bid to push the number of transactions to a million a day

The baht was one of two Asian currencies to rise on Tuesday, but businesses in Thailand are closely watching the vote for a new PM, which will be held in parliament on Thursday.

The Swiss bank has suspended plans for a new China fund unit indefinitely and decided recently to maintain Credit Suisse's partnership with ICBC, sources say

China's looming export controls create doubt on the supply of a metal some say is a game changer for EV chargers. Carmakers may shift to silicon carbide if they can't find other sources

Finance ministry in Beijing urges US to take action on its "major concerns" about sanctions on Chinese firms, after talks with US Treasury secretary

Applications for new listings in China sank by a third in the first half of 2023, because of China's economic slowdown and tighter regulatory scrutiny of companies wanting to list

China's faster transition to electric vehicles has helped carmakers such as BYD and Great Wall Motor establish a foothold in a sector that Japanese automakers have long dominated

Producer price index sees steepest decline since 2015, while consumer inflation was at its slowest since 2021, the National Bureau of Statistics said.

Glaciers at the source of some of Asia's biggest rivers are melting faster, with glacial lakes getting bigger and more likely to collapse and create 'outburst floods', a new report says

Yellen expressed concern about "unfair" and "punitive" actions against US companies in China after a meeting on Friday with US business representatives in Beijing

The penalty will pave the way for fintech giant to become a financial holding company and eventually allow it to revive its plan for a stock market listing.