The new sanctions caused stocks and the ruble to plunge initially, and led to former president Dmitry Medvedev calling for citizens to “inflict maximum harm” on Western societies

Dairy producers and pork exporters fear retaliatory tariffs from China after Wednesday's decision on anti-subsidy duties on Chinese EVs

World stocks retreated from record highs as China signalled it would respond to the EU's tariffs on its electric vehicle makers

India gives approval for a satellite internet service operated by a JV led by Mukesh Ambani's Jio Platforms and a Luxembourg firm, while Musk's Starlink has got a green light in Sri Lanka

The US Treasury said on Wednesday that VPower Finance Security and other firms in Hong Kong and the UAE were punished for transporting gold produced by Russia's biggest gold miner Polyus

The EC decision to hit Chinese EVs with extra tariffs is a move in the wrong direction, China said on Thursday, noting that EU states and carmakers oppose the move

Losses in Japan and Hong Kong were offset by markets rallying in Taiwan and South Korea — both of which were buoyed by overnight gains on Wall Street and positive tech news.

Billions of dollars worth of state subsidies and incentives have fuelled a steep plunge in prices of China's solar cells and modules, slashing the industry's profits

Europe's additional tariffs on imported EVs are expected to kick off talks with Beijing to avoid a major trade conflict, which could spread to other sectors

US to broaden its export controls and announce new sanctions on financial institutions and non-banks that help the Russian military with chips, tech and goods, sources say

Chinese blue chips fell 1.2%, having been shut on Monday, while the Hang Seng Index was down 1.04% and the yuan hit a seven-month low.

The government said there will be no change in personnel at the four senior ministries – finance, home affairs, defence and foreign affairs. It also held key ministries like commerce and agriculture