The greenback hits a 20-year high on the yen and tests a two-year peak on the euro, backed by high Treasury yields and expectation of good economic data; Investors are betting the yen will fall further
Stocks fell on most Asian markets on Monday amid continued concerns over rate hikes and China's slowing economy.
China Merchants Bank shares plunged the most in seven years after a report that said a bank executive was helping officials with an inquiry.
China's production of batteries for new energy vehicles (NEVs) ramped up by an impressive 206.9% in the first quarter from the same period in 2021, Xinhua has reported
Vice-Premier wants local government to help key companies get back to work after weeks of lockdowns in Shanghai and other cities.
Tesla has recalled workers to its factory to prepare for the restart, which could happen on Tuesday, as the city accelerated efforts to exit a Covid lockdown
China's central bank said on Friday it will cut the amount of cash banks must hold as reserves, releasing about 530 billion yuan (over $83bn) in liquidity to bolster economic growth
China's interest rate regulator is encouraging smaller banks to lower the ceiling on deposit rates by 10 basis points, to 65bps above the benchmark rate, not 75bps
Russia made a payment last week on two sovereign bonds in roubles rather than dollars, so it may be considered a default if not "cured" by May 4, rating agency says
Xpeng CEO warns that if suppliers in and around Shanghai can’t resume operations and production, all of China's carmakers will have to stop production in May
"Twitter needs to be transformed as a private company," Musk said in a letter to Twitter chairman Bret Taylor. His offer price of $54.20 a share, represents a 38% premium on its April 1 close
India increased its imports of coal from Russia in March to 1.04 million tonnes – its highest level since January 2020, report says, citing data from commodity intelligence firm Kpler