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China drains cash from economy in rare move during oil price shock

Taken together, commercial banks likely recorded their first net repayment of PBOC loans since last May, according to Bloomberg calculations based on official data

Centre, RBI aligned on curbing currency speculation amid rupee fall

State-run banks should refrain from speculative positions in offshore markets when the rupee is under pressure, a person familiar with the matter said

RBI trading ban jolts India's $149 billion-a-day offshore rupee market

RBI has rolled out some of its toughest measures in more than a decade to curb speculation and support the currency, which has been setting successive record lows this year

CFTC settles FTX case; ex-engineering chief Nishad Singh to pay $3.7 mn

Nishad Singh was one of the top executives who testified against Sam Bankman-Fried, the co-founder of the once high-flying crypto exchange that imploded in 2022

China must ease digital barriers to attract more foreign tourists

Last month, nine government bodies led by the Commerce Ministry introduced new policies to woo overseas visitors

Trump admin set to roll out tiered tariffs on steel, aluminium imports

US plans 50% tariffs on many derivative goods, based on import value while others will face 25% duties, with some products taxed at even lower rates

Venezuelan crude exports surge to 6-year high as India fills China gap

Indian refiners, including Reliance Industries Ltd, Hindustan Petroleum Corp and Indian Oil Corp have purchased a combined 343,000 barrels a day for loading in March

Democratic leaders sue to challenge Trump's mail-in ballot limits

Top Democrats order issued Tuesday by the president "dramatically restricts the ability of Americans to vote by mail, impinging on traditional state authority

Elon Musk, US SEC head toward trial over Twitter investor fraud case

US Securities and Exchange Commission sued Elon Musk, alleging he delayed disclosing a 5% stake in Twitter, costing shareholders over $150 million

Nasa's moon-bound astronauts reach stable orbit, begin Artemis II mission

Named after Apollo's twin, Artemis aims for a sustained human presence on the Moon; Nasa plans a $30-billion, decade-long effort to build a lunar base for astronauts to live and work

Claude Code leak: Anthropic cites human error, works to limit damage

Thousands of copies of the code were removed from GitHub in response to copyright takedown requests from Anthropic, according to a notice on the popular developer platform

India sees surge in IPO filings in March despite weak investor sentiment

The pace of filings defied the lackluster post-listing performance of recent stock debuts

Coal India's output falls by 1.5%, ample stockpiles ready to meet demand

Output dropped from a year earlier to 84.5 million tons, while sales grew 0.7%, the company said

Gen-Z revolts in South Asia show toppling leaders is just the start

New governments in Nepal, Bangladesh and Sri Lanka face test of turning protest wins into real reforms

Rupee set for more chaos as banks unwind $30 billion in arbitrage trades

RBI's clampdown on rupee trades sparks market panic, volatility spikes, and banks scramble to unwind billions in arbitrage positions

Iran conflict threatens to wreck Trump's dream of lower interest rates

Energy shock fuels inflation fears as markets push back rate-cut expectations

Anthropic accidentally releases source code for its popular Claude AI agent

The leak of basic source code - the second slip-up in just a week - triggered a discussion in the community around new revelations of how Anthropic's popular coding agent works

Why closure of Strait of Hormuz leaves Asian nations most vulnerable

Wealthier economies like China, Japan and Singapore, with deep pockets and strategic reserves, can cushion the blow - in the short term at least - but others are more exposed

Zelenskyy urged to curtail Russia energy strikes, proposes truce

"If Russia is ready to stop striking Ukrainian energy, we won't be returning the strikes against their energy," Zelenskyy said

US sees first combat loss of valuable E-3 AWACS jet after Iranian strike

The so-called AWACS plane, which has a rotating radar disc mounted above its fuselage, is used to spot distant threats and direct other combat aircraft