Letting the yuan depreciate could blunt the impact of US trade tariffs. And China's central bank has considered the possibility of the yuan dropping to 7.5-per-dollar to counteract trade shocks.

Central bank says $17bn was siphoned from banks, while interim leader says 3,500 people may have been 'forcibly disappeared' during Hasina's 15 years in office

The companies, which have set up a 50/50 joint venture, said they will invest $4.33 billion in a factory in Zaragoza. They expect to start making batteries by the end of 2026.

Taipei says China is showing its anger at its president's recent trip to Hawaii and Guam, with around 90 naval vessels in coastal waters and dozens of military aircraft

Indian police say smugglers tried to use a Starlink device to help them ship six tonnes of meth into the country. They want details of the purchasers.

The country's top EV maker has gained a greater share of the global auto market and now looks poised to top its 4-million worldwide sales target – and overtake Ford and Honda

Competition Commission of India seeks a Supreme Court ruling on legal challenges so it can make a ruling on its probe into e-commerce platforms

Billionaire, who co-founded Ant, before being forced to give up control of the group, predicts 'great changes' in the AI era over the next two decades

German supplier warns it can no longer supply antimony to US clients, as China's export curbs begin to impact Western supply chains

Trump's son has cited Vietnam among countries that "ripped off" the US, according to a video shown at a conference in Hanoi last week set up by American business chambers

Exports of plug-in hybrids and conventional hybrids accounted for 18% of China's total vehicle sales to Europe. That was double their 9% share in the first quarter.

Investors bet on the US having a friendly regulatory shift after Trump said he would nominate Paul Atkins to run the Securities and Exchange Commission