Sources say the Modi government has become uncomfortable with using yuan for settlement, while refining sources said settlement in yuan also increases Indian traders' costs

Putin’s trip comes at a crucial time for China’s Xi, who is also likely to meet with US President Joe Biden next month

The US State Department says price caps on Russian oil lets buyers, like China, "drive a harder bargain" in their purchases

Seven China equity funds, including hedge funds and mutual funds, with more than $500 billion in combined assets, say they visited the Middle East this year to raise money, three for the first time

India has become the top buyer of seaborne Russian oil, mainly Urals, since Western sanctions were imposed on Moscow over its invasion of Ukraine

Beijing’s special climate envoy, Xie Zhenhua, will tell the COP28 climate meeting new energy sources aren’t reliable enough yet to replace coal and oil

China’s blue-chip dipped 0.8%, with Hong Kong’s Hang Seng and the ASX in Sydney both tumbling 1.3%, while the BSE Sensex in Mumbai was also down 0.85%.

Bilateral commercial relations between India and Canada are worth $100 billion, which includes $70 billion of Canadian portfolio investment, according to Indian figures

The sweeping deal aims to link South Asia and the Middle East to help the flow of energy and trade from the Gulf to Europe

Asian markets surge, with Hang Seng climbing 2% and the Nikkei rising by 0.9%, while investors wait for Fed chief's speech at Jackson Hole on Friday

The biggest foreign bank in Myanmar warned local banks last week it will restrict all payments to and from Myanmar accounts, a move could help bring a quicker end to the country's bitter civil strife

Customs data on Tuesday showed imports dropped 12.4% in July year-on-year, while exports were down 14.5% amid weak demand both at home and abroad