Pakistan, China to sign addendum on ML-1 railway project
ISLAMABAD: Pakistan and China will sign an addendum on ML-1 during the upcoming Belt and Road Forum to be held on October...
Ferrari to accept crypto as payment for its cars in the US
Ferrari (RACE.MI) has started to accept payment in cryptocurrency for its luxury sports cars in the U.S. and will extend the scheme to...
Oil surges on US sanctions, tight stockpile forecasts
Oil prices leapt more than $3 on Friday after the U.S. tightened its sanctions programme against Russian crude exports, raising supply concerns...
China reaches debt agreement with Sri Lanka, surprising IMF
In an unexpected development in the region, China secured a tentative debt agreement with Sri Lanka, outpacing concurrent negotiations that the International...
India detains Vivo executive, three others in money laundering case
India's financial crime agency arrested four industry executives including one Chinese national working for smartphone maker Vivo in India in a case...
IMF says global economy ‘limping along’, cuts growth forecast for China, euro zone
The International Monetary Fund on Tuesday cut its growth forecasts for China and the euro zone and said overall global growth remained...
China forex reserves fall to $3.115tr in September
China's foreign exchange reserves fell more than expected in September, official data showed on Saturday, as the U.S. dollar rose against other...
Oil continues to tumble after previous session’s slide
Oil prices fell by more than $1 on Thursday, extending the previous session's sharp losses as an uncertain demand outlook overshadowed any...
Banks behind 70% jump in greenwashing incidents in 2023 -report
The number of instances of greenwashing by banks and financial services companies around the world rose 70% in the past 12 months...
China’s economy stabilises, factory activity returns to expansion
China's factory activity expanded for the first time in six months in September, an official survey showed on Saturday, adding to a...
Exclusive: HSBC to acquire Citigroup China consumer wealth business
HSBC (HSBA.L) is set to acquire Citigroup's (C.N) China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge...
Kia, Hyundai recall 3.37mn US vehicles over fire risks
Hyundai (005380.KS) and Kia (000270.KS) are recalling a combined 3.37 million vehicles in the United States due to the risk of engine fires, telling owners...
US investors want clarity on Biden’s vague curbs on China tech
U.S. financial firms are pushing for greater clarity on proposed new rules curbing U.S. investments in some China technology sectors which they...
Cisco’s $28bn Splunk deal may ignite software deal frenzy
Cisco Systems' (CSCO.O) $28 billion deal for Splunk (SPLK.O) is likely to prompt other technology giants to splash out on similar acquisitions of software vendors...
Exclusive: Russia’s top oil and gas chiefs to accompany Putin on China visit
The heads of Russian energy giants Gazprom (GAZP.MM) and Rosneft (ROSN.MM), Alexei Miller and Igor Sechin, will join President Vladimir Putin's retinue during his...