The yuan has slid more than 4% against the dollar so far this year, while policymakers in Japan are also considering their options to fix the yen's rapid and one-sided plunge

Asked on Tuesday how much Senate support he had secured, Pita said: "Enough for me to become prime minister"

US deal volumes more than halved to $162.5 billion from last year, while activity in Europe and Asia (ex-Japan) fell 70% and 80% to $77.3 billion and $19.1 billion respectively, Dealogic data showed

Japan’s efforts follow increasing military aggression by neighbours China and Russia, which have been building their capability to target satellites

The Global Times quoted Chinese experts saying claims that the "short-lived revolt" by Wagner mercenary chief Prigozhin eroded Putin's power were "wishful thinking" by the West

Markets broadly expect stimulus policies to be unveiled after a regular meeting of the Communist Party's political bureau in July

From strict US laws governing weapons export to India's willingness to be "dictated to by the US State Department,” Biden and Modi's efforts to counter China through defence cooperation may face significant challenges

After a smaller-than-expected interest rate cut raised doubts on whether Chinese policymakers would act forcefully enough to support the economy, investors are positioning for a longer game

The multi-billion-dollar jet engine production deal signed by GE and Hindustan Aeronautics involves the transfer of 80% of jet engine tech by value, which has not been shared with any other country

US chip toolmaker Applied Materials will invest $400 million over four years in a new engineering centre in India

The two countries signed agreements on computer chips, tech, critical minerals, space cooperation, plus defence and cooperative arrangements aimed at countering China's influence

The US aviation and energy giant signed a memorandum of understanding with HAL, which includes the potential joint production of GE Aerospace's F414 engines in India