China's retail sales dropped in October, for the first time in five months, and factory output grew more slowly than expected, new data showed on Tuesday

The average selling price jumped 15% year-over-year, and 6% from the previous quarter, to a record $226, market research firm IDC said

The fund will invest in the EV value chain to capture a market that is expected to grow fast globally, its CEO Ridha Wirakusumah said

The White House said before the meeting it was unlikely to produce a joint statement, as relations between the two sides are at their lowest in decades

Tesla said videos showed the car's brake lights were not on when the car was speeding and that its data showed there was no move to step on the brakes throughout the vehicle's journey.

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.