US deal volumes more than halved to $162.5 billion from last year, while activity in Europe and Asia (ex-Japan) fell 70% and 80% to $77.3 billion and $19.1 billion respectively, Dealogic data showed

The Global Times quoted Chinese experts saying claims that the "short-lived revolt" by Wagner mercenary chief Prigozhin eroded Putin's power were "wishful thinking" by the West

From strict US laws governing weapons export to India's willingness to be "dictated to by the US State Department,” Biden and Modi's efforts to counter China through defence cooperation may face significant challenges

After a smaller-than-expected interest rate cut raised doubts on whether Chinese policymakers would act forcefully enough to support the economy, investors are positioning for a longer game

The multi-billion-dollar jet engine production deal signed by GE and Hindustan Aeronautics involves the transfer of 80% of jet engine tech by value, which has not been shared with any other country

US chip toolmaker Applied Materials will invest $400 million over four years in a new engineering centre in India

The two countries signed agreements on computer chips, tech, critical minerals, space cooperation, plus defence and cooperative arrangements aimed at countering China's influence

US President expects to meet with Xi Jinping in the near-term and doubts that his remark undermined ties with Beijing

Pakistan and China signed a $4.8bn deal to build a 1,200 MW nuclear power plant, while the debt-laden state is in talks with the UAE for control of Karachi port in exchange for emergency funds

Two of the world’s richest men are locked in a battle over the Indian government's distribution of satellite broadband spectrum in a bid to tackle costs and competition

Yellen says the World Bank and global development banks should be reformed to become more efficient before being given more funds to help poor nations counter climate change

Technological advances have helped lithium-iron-phosphate batteries edge past EV batteries made of nickel and cobalt, experts say