US Commerce Minister meets counterpart Wang Wentao in Beijing, notes that 99% of their $700bn in bilateral trade does not involve national security; vows to be 'direct, open, practical'

Impacts felt by currencies such as the Aussie dollar, and across many sectors such as New Zealand dairy products, shares of luxury goods, to miner BHP and the Las Vegas Sands casino firm

Evergrande said its ability to continue will depend on implementation of its offshore debt restructuring plan, and successful talks with the rest of the lenders on repayment extensions

The US commerce secretary said she would tell Chinese officials, "when it comes to national security we don't negotiate. We don't give concessions. We don't compromise"

Xi was the only state leader personally received by President Cyril Ramaphosa at the airport; in contrast Indian prime minister Narendra Modi was met by Ramaphosa’s deputy

New Delhi will move slowly in considering the tax cut as any lowering of taxes on imported EVs could disrupt the market and upset local players, sources said

A new study by a US medical research centre suggests 1.9 million people died after China suddenly dropped its Covid-19 restrictions late last year. Beijing has never revealed the full death toll.

Japan’s Nikkei 225 slumped by over 2%, while Hong Kong’s Hang Seng and South Korea’s KOSPI were down 2% and 0.7%, amid fears of more hawkish signals from the Fed later today

Two-way trade between China and the US plunged 19.6% in the first half of this year, down $67.6 billion from the same period in 2022, amid increasing regionalization by both superpowers

The PBOC ordered local banks to restrict southbound purchases under the Bond Connect scheme, in a bid to limit the supply of yuan offshore, sources say

Chinese regulators and finance officials submitted a proposal to Cabinet this month to slash the 0.1% stamp duty on domestic stock trading to revive the country's struggling markets

The Indian mission was accomplished with a budget of about 6.15 billion rupees ($75 million), less than the cost to produce the 2013 Hollywood space thriller "Gravity”