By Nikunj Ohri and Shivangi Acharya (Reuters) – India’s rupee trade settlement mechanism, a means of using rupees instead of…
China’s economy picking up but “arduous efforts” needed to sustain momentum – state planner
BEIJING (Reuters) – China’s economy is expected to pick up, but “arduous efforts” are needed to sustain the recovery in…
U.S. Senate passes record $858 billion defense act, sending bill to Biden
By Patricia Zengerle WASHINGTON (Reuters) -The U.S. Senate passed legislation on Thursday authorizing a record $858 billion in annual defense…
Biden blacklists China’s YMTC, crackdowns on AI chip sector
By Alexandra Alper WASHINGTON (Reuters) -The Biden administration on Thursday added Chinese memory chipmaker YMTC and 21 “major” Chinese players…
As Kuroda bows out, Bank of Japan’s rising hawks eye end to unloved yield cap
By Leika Kihara TOKYO (Reuters) – As Haruhiko Kuroda’s decade helming Japan’s central bank nears an end, more of his…
Chinese firms avert delisting as U.S. audit watchdog gets full inspection access
By Chris Prentice, Xie Yu and Susan Heavey NEW YORK/HONG KONG/WASHINGTON (Reuters) -The U.S. accounting watchdog on Thursday said it…
World Bank’s private arm launches $2 billion program to help Ukrainian businesses
By Andrea Shalal WASHINGTON (Reuters) – The World Bank’s private investment arm on Thursday said it had launched a $2…
U.S. FTC asks Twitter if it has resources to comply with consent decree
By Diane Bartz WASHINGTON (Reuters) -The U.S. Federal Trade Commission, which enforces rules against deceptive practices, has contacted Twitter to…
California approves $2.9 billion investment to double car chargers in state
(Reuters) – The California Energy Commission on Wednesday approved a $2.9 billion investment plan to accelerate the state’s 2025 electric…
Adding EVs to U.S. biofuels law is environmental agency’s 2023 task
By Stephanie Kelly NEW YORK (Reuters) – The Biden administration could change the nation’s biofuel blending law next year to…