Seoul, Washington draft pact to steer $350b pledged under July trade deal

US move to double duties seen hitting 55% of Indian exports

China is increasingly sensitive about rare earths and its control over supply

Global central bankers gathered at a US mountain resort over the weekend are starting to fear that the political storm surrounding the Federal Reserve may engulf them too.

Shares in heavily indebted China Evergrande Group were taken off the Hong Kong Stock Exchange on Monday, capping a grim reversal of fortune for the once-booming property developer.

There is an old joke: a man arrives at a seedy motel and is offered two options. The economy room costs $10, while the premium room is $12..“What is the difference?” he asks..“The $12 room comes with a free TV,” replies the receptionist with a smile..The humour lies in the contradiction. The TV is "free" but costs more. As Bangladesh prepares free trade agreements (FTAs) with as many as two dozen countries, the joke is a timely reminder: in global commerce, there is no such thing as a free deal. The large print giveth, while the small print taketh away, as the saying goes.

China saw a surge in new coal power in the first half of the year even as the country added record levels of clean energy capacity, according to a report published Monday.

Ailing Intel gets government boost but challenges remain

US President Donald Trump has threatened to double import duties on India from 25 to 50 percent

American trade warriors may be keen to claim early victory. Tariff revenue has surged, 131 percent year-over-year to reach $127 billion by July.

India’s foreign minister said on Saturday that trade negotiations with Washington are continuing but there are lines that New Delhi needs to defend, just days before hefty additional US tariffs are due to hit.

However, disputes between banks and fintechs have fueled doubts about the future of open banking.

Malaysian and US investigators say at least $4.5 billion was stolen from 1MDB in a globe-spanning scheme between 2009 and 2014.

China and Vietnam are among the major sources of US furniture imports.

Bangladeshi nationals spent the most on credit cards in the United States, debit cards in the United Kingdom, and prepaid cards in Saudi Arabia in June this year, according to a recent report by Bangladesh Bank.

President Donald Trump ramped up pressure on the US central bank Wednesday with a call for Federal Reserve Governor Lisa Cook to step down, as he repeatedly criticizes Fed Chair Jerome Powell for not lowering interest rates.

China is considering allowing the usage of yuan-backed stablecoins for the first time to boost wider adoption of its currency globally, sources familiar with the matter said, in a major reversal of its stance towards digital assets.

Forward 12-month earnings estimates for India's large and mid-cap firms have been cut by 1.2% in the past two weeks, the sharpest in Asia

China to review plan on yuan-backed stablecoins to expand its global reach

Trump targets Fed Governor Lisa Cook in escalating pressure on central bank