Country's biggest private developer seems to have missed a payment deadline, which would put the group in default on $17 billion in offshore debt

Updated Biden Administration rules also blacklisted Chinese chip designers Biren and Moore Threads, set up by former Nvidia employees

Sources say the Modi government has become uncomfortable with using yuan for settlement, while refining sources said settlement in yuan also increases Indian traders' costs

Gary Gensler said it was 'nearly unavoidable’ that the next financial crash would be sparked by an AI model being used somewhere in the banking system

With nearly $11 billion of offshore bonds and $6 billion of offshore loans, a default by Country Garden would set the stage for one of China's biggest corporate debt restructurings

Civil servants and bankers face tighter travel limits, while the government is monitoring people's relatives abroad, sources said, as Beijing has become paranoid of foreign influence and spying

A flash flood caused by the collapse of a glacial lake in Sikkim state has led to realization that India needs to monitor over 50 lakes in the Himalayas at risk of collapse because of global warming

US officials are fine-tuning export restrictions imposed on computer chips sold to China; new rules are likely to be announced this week, sources have said

Located north of the present conflict zone, Haifa is one of Israel's biggest and most vital ports

Putin’s trip comes at a crucial time for China’s Xi, who is also likely to meet with US President Joe Biden next month

The data released by China’s customs department marked a small improvement for the country, which saw an 18.5% decline in chip imports in the first half of the year

Officials call for calm after people line up to withdraw money from the Bank of Cangzhou in Hebei province amid fears over billions lent to property giant Evergrande, which may face liquidation