Trafigura attributed the majority of debts owed by its counterparty in the country, Lex Oil, but its own internal probe is ongoing to try to locate around $500 million.

China may seek to buy US food and energy in a trade deal with Trump to avoid new tariffs, but cutting the flow of fentanyl may also be a factor, analysts say

Samsung is caught in a competition probe that found it and other firms broke anti-trust laws by colluding with Amazon and Flipkart to exclusively launch products online

A Federal Court in Australia has ruled that Bit Trade, which ran a Kraken crypto exchange, must pay a fine of $5.1m for unlawfully issuing a credit facility

Taiwanese officials are in Washington to meet Trump's transition team, sources say, while CBS claims Trump issued an invitation to President Xi to attend his inauguration on January 20

Indian clean energy firms will only be allowed to use locally-made solar cells from approved companies in state projects from June 2026, the government has said

The US continues to impose sanctions on foreign companies for crimes, such as a mass cyberattack described as potentially deadly, plus Burmese firms aiding the Myanmar military's bombing of civilians

Letting the yuan depreciate could blunt the impact of US trade tariffs. And China's central bank has considered the possibility of the yuan dropping to 7.5-per-dollar to counteract trade shocks.

The Politburo has pledged to use 'unconventional' methods to lift consumption as China faces strong deflationary pressures amid low consumer spending

Central bank says $17bn was siphoned from banks, while interim leader says 3,500 people may have been 'forcibly disappeared' during Hasina's 15 years in office

The companies, which have set up a 50/50 joint venture, said they will invest $4.33 billion in a factory in Zaragoza. They expect to start making batteries by the end of 2026.

Taipei says China is showing its anger at its president's recent trip to Hawaii and Guam, with around 90 naval vessels in coastal waters and dozens of military aircraft