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China sets strongest yuan fix in over a year as Fed-cut bets rise

China’s central bank has set the yuan’s daily reference rate against the US dollar at the strongest level in more…

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Tesla’s Elon Musk becomes first person to hit US$500 billion net worth, Forbes list shows

Tesla CEO Elon Musk on Wednesday became the first person ever to achieve a net worth of US$500 billion, propelled…

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China turns up oil tap from Russia as purchases of US crude remain suspended in July

China’s crude oil imports remained robust in July, fuelled by higher Russian shipments, while China’s purchases from the US remained…

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Exclusive | China, US to extend tariff pause at Sweden talks by another 90 days: sources

Beijing and Washington are expected to extend their tariff truce by another three months at trade talks in Stockholm beginning…

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China trade talks could include TikTok, Lutnick says

TikTok may come up in trade talks with China next week, but if Beijing does not approve a divestment deal…

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How easing of AI chip controls could reshape US-China trade talks

The United States’ decision to ease export restrictions on certain advanced chips – part of a broader package of trade…

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Chinese premier says officials must adapt to ‘complex and severe’ situation

Chinese Premier Li Qiang has urged the nation’s officials to improve their ability to anticipate challenges and accurately implement policies…

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Chinese premier urges faster tech applications amid US export controls

Chinese Premier Li Qiang has called for a push to speed up the application of new advances in science and…

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US-China trade showdown: where do the talks stand after Day 1?

Top officials from China and the United States are expected to start a second day of negotiations in London on…

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Explainer | What is the Genius Act, and can it really cement US dollar supremacy?

At last week’s Bitcoin 2025 conference in Las Vegas, there was one phrase on everyone’s lips: the Genius Act. Vice-President…

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