Exclusive: China asks some banks to reduce or delay dollar buying to ease pressure on yuan -sources
China's currency regulators have in recent weeks asked some commercial banks to reduce or delay their dollar purchases, two people with direct...
Walmart buys out $1.4bn Tiger Global stake in India’s Flipkart, WSJ reports
Walmart (WMT.N) has paid $1.4 billion to buy out hedge fund Tiger Global's investment in its Indian e-commerce firm Flipkart and acquired private...
Global central banks begin policy shift as inflation cools
Top central banks continued with another round of interest rate hikes this week despite cooling inflation, but have now switched to a...
Investors dumping China load up on other emerging markets
Global investors are increasingly choosing to bypass China's markets in favour of other emerging countries that are either gaining from the geopolitical...
Boeing boosts monthly 737 production as results beat estimates
Boeing (BA.N) said on Wednesday it was lifting production of its bestselling 737 narrow-body jet, a sign the planemaker was recovering from a...
Meta, Microsoft, hundreds more own trademarks to new Twitter name
Billionaire Elon Musk's decision to rebrand Twitter as X could be complicated legally: companies including Meta (META.O) and Microsoft (MSFT.O) already have intellectual property rights...
Elon Musk posts new Twitter logo X to replace blue bird
Elon Musk and Twitter Chief Executive Officer Linda Yaccarino unveiled a logo for the social media platform on Monday that featured a...
India’s economy to hold top spot for GDP but not so much for jobs growth: Reuters poll
India's economy will grow at a solid pace for the rest of this fiscal year and next but well below its potential...
U.S. leading indicators point to recession starting soon
An index designed to track turns in U.S. business cycles fell for the 15th straight month in June, dragged down by a...
Climate change: Which countries will foot the bill?
Record-breaking heat in China. Wildfires forcing Swiss villages to evacuate. Drought ravaging Spanish crops. As the costs of climate change rack up, a debate is surging...
Top rice exporter India bans most shipments as monsoon hits crops
India has prohibited the export of non-basmati white rice with immediate effect, according to a government notice on Thursday, after a late...
Exclusive: China’s state banks selling dollars offshore to slow yuan declines, sources say
China's major state-owned banks were seen selling dollars to buy yuan in the offshore spot market in early Asian trades on Thursday,...
India’s Tata chooses UK for $5bn Jaguar Land Rover gigafactory
India's Tata Group will build an electric vehicle battery plant in Britain to supply its Jaguar Land Rover factories, delivering a major...
Europe battles heatwave and fires, record temperatures scorch China
Italy put 23 cities on red alert as temperatures could reach 46 Celsius (114 Fahrenheit) on Wednesday, one of the global hotspots...
Will China ever get rich? A new era of much slower growth dawns
China is entering an era of much slower economic growth, raising a daunting prospect: it may never get rich.
Whether the world's second-largest...