Indian refiners have trouble paying for oil because Moscow prefers yuan, while Delhi likes to settle deals in UAE dirham, but that now involves extra clearing requirements

Beijing exchange's benchmark 50 Index has risen 46% this month on the back of moves by officials, including claims that major shareholders are not being permitted to sell stock

A wealthy Indonesian family that owns palm oil giant First Resources has been accused of secretly owning 3 firms that have allegedly cleared more rainforest than any other group in SE Asia

A mass market EV known as the 'Model 2' is tipped to be one of the first Teslas that will go on sale in coming years; meanwhile the carmaker won a court base in China over a supposed brake failure

The government's plan to underwrite 32 GW of renewable projects was announced on Thursday, just before a vote on a takeover of the country's second biggest power producer

Fossil fuel subsidies have risen $2 trillion to $7 trillion, according to the International Monetary Fund, as governments around the world try to protect consumers from rising energy prices

Binance's deal with US regulators includes an agreement to have court-appointed monitors from the Justice and Treasury departments for up to five years, report says

Zhongzhi sent a note of apology to investors on Wednesday, saying it had liabilities of up to $64 billion. This has led to fears of debts spreading from the property crisis to the financial sector

Malaysia and Vietnam have had cargoes worth about $320 million each denied or held for checks since the new rules came into force in mid-2020, nearly three times more than exports from China

OpenAI agrees to Altman returning to save the group from collapse; former Salesforce co-CEO Bret Taylor and former US Treasury Secretary Larry Summers will join the new board

Social media giants are not taking responsibility for rampant scams being conducted on their platforms, which is unacceptable, an expert on Chinese crime gangs in Myanmar and Southeast Asia says

Stellantis and CATL have a preliminary agreement on producing lithium iron phosphate (LFP) batteries for the automaker's EVs in Europe