A source said the group made the move partly because of concerns about a backlash in Washington against bankrolling the Chinese government with US capital, the report said.

Biden said there was a need for respect for freedom of navigation and overflight in the East and South China Seas; the US would "compete vigorously" but ensure that "competition does not veer into conflict"

US Treasury officials said Yellen was keen to discuss China’s plans to ease its Covid restrictions and how it will deal with problems in its property sector when they get together.

Data released by the National Health Commission on Sunday showed 14,878 new Covid infections for November 12, up from 11,950 on Friday

Crypto exchange said on Saturday it detected unauthorised access and analytics firms said crypto assets valued at around half a billion dollars were stolen and it may have been hacked.

India can continue buying as much Russian oil as it wants, provided it steers clear of Western insurance, finance and maritime services, US Treasury Secretary Janet Yellen has said.

The Institute of International Finance said Chinese bond markets have suffered total outflows of $105 billion over nine months, while Chinese stock portfolios lost $7.6bn in October, the most since March.

The latest data suggests the Fed's swift monetary tightening is beginning to have an impact. Some analysts said this may be the start of inflation being defused. US stocks jumped on Thursday

Moves by the Politburo caused Hong Kong's Hang Seng Index to soar by over 7% on Friday, while Shanghai's benchmark CSI 300 jumped by 3% and the yuan hit a one-month high

US Customs has seized 1,053 shipments of solar panels between June, when the Uyghur Forced Labor Protection Act took effect, and October, forcing three top suppliers to stop shipments

The US Trade Representative's office said the latest talks between Taiwan and officials from six US agencies went well, before they wound up in New York on Wednesday

Chinese takeover would endanger public safety because of China's "deliberate, strategic approach to knowledge discovery and production control", German Economy Minister Robert Habeck said.