COSCO’s decision comes on the back of increasing tensions in the Red Sea, one of the most used trade routes in the world

Shipping giants are bracing for significant disruptions to affect key routes like the Panama Canal and knock complex vessel schedules out of sync

The move is part of VinFast’s increasing efforts to expand its overseas footprint, while for India its a boost for the country's efforts to get EV makers to manufacture at home

The planned acquisition follows the Chinese financial technology group’s purchase of Singapore-based payments firm 2C2P

Some large Indian private and state-run lenders disbursed amounts related to employee benefit schemes directly to staff's CBDC wallets, instead of their salary account in December

A probe into HyperVerse's supposed CEO suggests his identity is fake as none of his qualifications could be confirmed, a new report says

The Houthis were told they face potential military action if they continue to harass shipping along the critical trade link

Financial officials in Beijing have been urging money managers to prioritise the launch of equity funds in a bid to support the country's flat equity markets

The kingdom’s entry comes amid tensions between the US and China, and the expansion of Beijing's influence within the kingdom

The total toll on lives and industry along the Noto Peninsula from the 7.6 magnitude quake — the strongest to strike Japan in 13 years — is far from known

Electricity demand has surged due to the popularity of EVs, forcing officials to provide solutions that prevent power grids from being overwhelmed

Rates for ocean cargo have soared after an attempted attack on Wednesday and a bid to hijack a Maersk ship last Sunday; members of the UN Security Council have called on the Houthis to halt their attacks