Trafigura attributed the majority of debts owed by its counterparty in the country, Lex Oil, but its own internal probe is ongoing to try to locate around $500 million.

China may seek to buy US food and energy in a trade deal with Trump to avoid new tariffs, but cutting the flow of fentanyl may also be a factor, analysts say

Diplomatic precedent suggests that Chinese President Xi Jinping is unlikely to attend Trump's inauguration ceremony on January 20

Samsung is caught in a competition probe that found it and other firms broke anti-trust laws by colluding with Amazon and Flipkart to exclusively launch products online

A Federal Court in Australia has ruled that Bit Trade, which ran a Kraken crypto exchange, must pay a fine of $5.1m for unlawfully issuing a credit facility

Taiwanese officials are in Washington to meet Trump's transition team, sources say, while CBS claims Trump issued an invitation to President Xi to attend his inauguration on January 20

The dramatic change in the Arctic’s role as the planet’s net absorber of carbon dioxide was brought on primarily by an increase in wildfires over many decades

Letting the yuan depreciate could blunt the impact of US trade tariffs. And China's central bank has considered the possibility of the yuan dropping to 7.5-per-dollar to counteract trade shocks.

The Politburo has pledged to use 'unconventional' methods to lift consumption as China faces strong deflationary pressures amid low consumer spending

China's anti-monopoly probe into Nvidia comes just two weeks after it said it would support the American chipmaker's efforts ’to take root’ in the country

Central bank says $17bn was siphoned from banks, while interim leader says 3,500 people may have been 'forcibly disappeared' during Hasina's 15 years in office

The companies, which have set up a 50/50 joint venture, said they will invest $4.33 billion in a factory in Zaragoza. They expect to start making batteries by the end of 2026.