Trafigura attributed the majority of debts owed by its counterparty in the country, Lex Oil, but its own internal probe is ongoing to try to locate around $500 million.
China may seek to buy US food and energy in a trade deal with Trump to avoid new tariffs, but cutting the flow of fentanyl may also be a factor, analysts say
Diplomatic precedent suggests that Chinese President Xi Jinping is unlikely to attend Trump's inauguration ceremony on January 20
Samsung is caught in a competition probe that found it and other firms broke anti-trust laws by colluding with Amazon and Flipkart to exclusively launch products online
A Federal Court in Australia has ruled that Bit Trade, which ran a Kraken crypto exchange, must pay a fine of $5.1m for unlawfully issuing a credit facility
Taiwanese officials are in Washington to meet Trump's transition team, sources say, while CBS claims Trump issued an invitation to President Xi to attend his inauguration on January 20
Indian clean energy firms will only be allowed to use locally-made solar cells from approved companies in state projects from June 2026, the government has said
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.