In terms of international payments, excluding payments within the eurozone, the yuan ranked fifth with 2.29% in January 2022
Bank Indonesia reports that transactions using the local currency settlement facility reached $2.53 billion in 2021, more than double the value recorded in 2020
The searches were carried out after the Securities and Exchange Board of India levied penalties on the NSE, Ramkrishna and others
Ukraine troop withdrawal claims from Moscow briefly lifted the mood on Asia’s trading floors though rate hike concerns still weighed
The national team's most famous stock market intervention came in 2015, when state funds invested $158 billion to stabilize the market after a rout triggered by a shock yuan devaluation.
The company earned less for the gold it produced and was also hit with higher labour and freight costs due to a tight sea freight market
Asia-Pacific is the world’s largest net food and energy importer but it is not monolithic so a spike in food and energy prices would have an uneven impact
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.