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Bitcoin drops most in two months as global markets turn risk off

Bitcoin, the largest virtual coin by market capitalization, tumbled as much as 9.2% to $21,271, the biggest intraday drop since June 18

Credit Suisse names Dixit Joshi chief financial officer, replaces Mathers

Joshi will take over on October 1

China plans $29 bn in special loans to troubled developers: Report

Hundreds of thousands of middle-class Chinese have been caught in limbo after making down payments and taking out loans on properties that cash-strapped developers are now struggling to complete

Exports of India's lab-made diamonds may hit $8 bn amid rising US demand

Exports of polished lab-grown diamonds may double in the current financial year started April 1 from $1.3 bn in the prior year, says GJEPC vice chairman

US: AMC, Bed Bath & Beyond lead rout in meme stocks as mania fizzles

AMC Entertainment Holdings Inc. plunged 38% in premarket trading ahead of its debut of a new class of shares and after peer Cineworld Group Plc confirmed it may go bankrupt.

Fastest market rebound since 2003 invites scepticism for Indian stocks

The NSE Nifty 50 Index has surged more than 14% from a mid-June low as overseas investors turned buyers after months of withdrawals

Europe gas prices jump as latest Russian cut plan stokes supply fears

European gas prices surged after Moscow's move to shut a major pipeline ramped up fears of a prolonged supply halt, leaving Germany once again guessing as to how much Russian fuel it can count on

Chinese govt seeks to stabilise property market with loans, lower rates

Chinese banks lowered their benchmark lending rates while authorities stepped up support for the property market with additional loans, a govt-guided attempt at alleviating a worsening housing crisis

US begins biggest military drills with South Korea since Trump-Kim summit

The US and South Korea will begin their biggest joint military exercise in about five years after a hiatus on large-scale exercises that failed to entice North Korea's Kim Jong Un

Saudi betting on EV batteries may prompt others to announce ambitious plans

The world's oil capital, Saudi Arabia wants to go electric and get clean. To do so, it's getting its hands on minerals critical for batteries and taking a stake in the electric vehicle-supply chain

Japan considers stockpiling over 1,000 long-range missiles, says report

The projectiles will be deployed mainly across the Nansei Islands and Kyushu, according to the article

Power crunch in Sichuan province adds to manufacturers' woes in China

High temperatures, record electricity demand cause gaps in power supply

Germany leads as Europe slides towards recession amid supply shortages

Purchasing managers' indexes due Tuesday will likely show private-sector output shrinking for a second month, adding to signs that a recession in the 19-nation euro zone is now more likely than not

Ethereum overhaul risks creating a new class of crypto kingpins

While there are already more than 416,000 validators lined up to order transactions, there are only a handful of participants committed to serving as builders

Net zero will make or break Aberdeen, one of the UK's wealthiest cities

Oil prices may be booming again, but growing demand for cheap home-grown energy as Russia's war in Ukraine squeezes supplies is giving Aberdeen another reason to shift its focus to renewables

Saudi Arabia's economy is booming and this time it isn't only about oil

The property market of Saudi Arabia, the world's biggest exporter of oil, is red-hot as income from a spike in energy prices flows through the economy

China's decoupling from emerging markets to revive growth may prove a blip

Chinese equities are seen making up lost ground as the extreme pessimism toward its economy recedes and authorities take further steps to revive stuttering growth

Govt may consider wheat import as shortage, rising inflation worries loom

The looming shortage and rising prices now have authorities making preparations to buy from overseas

Rains, pests force world's top cotton producer India to import supplies

This confluence of extreme weather events brought on by climate change has sent cotton prices soaring by as much as 30%

Twitter tells employees bonuses could halve, based on performance: Report

Challenges for Twitter include advertisers' uncertainty related to the Ukraine war and a legal dispute with Elon Musk over his plan to abandon his $44 billion purchase