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
Gary Gensler said it was 'nearly unavoidable’ that the next financial crash would be sparked by an AI model being used somewhere in the banking system
With nearly $11 billion of offshore bonds and $6 billion of offshore loans, a default by Country Garden would set the stage for one of China's biggest corporate debt restructurings
Civil servants and bankers face tighter travel limits, while the government is monitoring people's relatives abroad, sources said, as Beijing has become paranoid of foreign influence and spying
A flash flood caused by the collapse of a glacial lake in Sikkim state has led to realization that India needs to monitor over 50 lakes in the Himalayas at risk of collapse because of global warming
Liu Liange is the latest influential Chinese figure from the $57 trillion financial industry to face scrutiny amid Xi Jinping’s signature anti-graft campaign
Two-day event in Beijing will mark 10th anniversary of infrastructure scheme and may see talks on links to Afghanistan, plus possible mining projects
Analytics firms say Hamas militants received millions in crypto payments prior to the surprise attack on Israel; hundreds of digital wallets connected to the terror group have since been shut down
US officials are fine-tuning export restrictions imposed on computer chips sold to China; new rules are likely to be announced this week, sources have said
Located north of the present conflict zone, Haifa is one of Israel's biggest and most vital ports
The Narendra Modi-government is now holding consultations with the electronics industry and a new order on laptop imports will be announced by the end of October
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