State banks sold a high volume of US dollars and used swaps and spot trades to defend the weakening yuan on Monday, sources said. One said the operation was 'rather huge'

ASML and Lam Research, two top chipmaking tool providers, have rushed to comply with US chip export curbs by "pulling American engineers out of their operations" in China

Volkswagen will invest $2.33bn and take a 60% stake in a joint venture with Chinese tech firm Horizon Robotics for autonomous driving software and hardware

Treasury secretary said the bank should inform countries of climate-related macroeconomic risks and more effectively convene and fund countries' efforts to advance climate goals

Consumer inflation accelerated as food prices rose 8.8% on year in September, data from the National Statistics Bureau showed on Friday

Real estate groups are delaying debt restructuring moves until after the party summit, hoping the gathering offers clues on how Beijing plans to stabilise the debt-laden sector

Xi Jinping looks set to stay as leader, but he faces great tests – a sharp economic slowdown, geopolitical tensions with the West, and the need for a swifter shift to renewable energy.

Senator endorses stance of Federal Communications Commission, saying it is necessary to protect US telecommunication networks and security

$44-billion takeover bid hits rocky water. But a lawyer for Musk said Twitter's court filing was a "misdirection" and that: "It is Twitter's executives that are under federal investigation."

Toshiba shares shot up on Thursday after reports of a possible takeover by a group of firms led by Japan Industrial Partners, a domestic private equity group

Experts said the US chip restrictions could lead to its "Sputnik" moment, prompting Chinese chipmakers to try creative engineering solutions and chart their own course

Global financial conditions, reflectling the availability of funding, were at their tightest since 2009 in late September, lifted by surging interest rates, falling equities and a soaring dollar