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Some of Trump's key cabinet picks provide clues to how his administration will approach the business world
President-elect Donald Trump's picks for US attorney general and secretary of state illustrate a po…
Dan DeFrancesco
China has banned Australian coal in a huge escalation of the trade war, state media reports
Citing China’s goal of being carbon-neutral by 2060, Wang goes on to say that “an absence …
Ukraine asks the world's largest energy traders to stop handling Russian oil as they've continued to move millions of barrels since the war
Vitol, Trafigura, Glencore, and Gunvor have traded about 20 million barrels of Russian crude and oi…
Shalini Nagarajan
The legacy publisher of The New Yorker and Vanity Fair refuses to pay $2.4 million in rent at One World Trade
The $2.4 million in dispute is for the month of January alone, and Condé Nast said it could withhol…
Ben Gilbert
It's not just China India is now pushing a de-dollarization narrative by touting the use of the rupee for trade
The USD is still by far the world's most dominant currency, accounting for almost 90% of global for…
Huileng Tan
It's not just China —India's now pushing a de-dollarization narrative by touting the use of the rupee for trade
The USD is still by far the world's most dominant currency, accounting for almost 90% of global for…
Huileng Tan
Crypto lender Celsius is 'deeply insolvent' and does not have the ability to meet obligations to creditors or account holders, state regulator warns
Regulators warned that Celsius does not have the money to meet its obligations, adding that company…
Jennifer Sor
The White House steps up trade aggression, calls for 'broader reset' of global tariffs
The US levies a mere 3.4% average rate, while the European Union and China charge 5.1% and 10%, res…
Ben Winck
Ray Dalio says fewer countries want to hold the dollar as China trade grows and Russia sanctions expose new risks
Sanctions "increased the perceived risk that those debt assets can be frozen in the way that they'v…
Filip De Mott
China's trade boomed in September, reaffirming the world's second largest economy is recovering from the pandemic
China's imports increased to 13.2% year-on-year in September, beating expectations for a 0.3% incre…
Saloni Sardana
We spoke to crypto mega-billionaire Sam Bankman-Fried about his board-game-playing beginnings, the future of FTX, and his political ambitions. Here are the 5 biggest takeaways.
"The single thing I'm most worried about for FTX is that we become slow and dysfunctional," Bankman…
Matthew Fox
Crypto exchanges Binance and Huobi scramble to cut ties with Chinese users after the government's ban. Here's how the crypto trading world is responding to Beijing's crackdown.
Huobi said it would stop new-user registrations by mainland customers, and retire existing ones by …
Shalini Nagarajan
Evergrande stock has soared 35% in the past week as the embattled property developer sells assets to pay its debts
Evergrande plans to raise $1.5 billion by selling its stake in a Chinese bank to a state-owned ente…
Matthew Fox
3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency
The yuan is the dollar's most high-profile contender, against the backdrop of US-China tensions and…
Huileng Tan
3 reasons why even China doesn't want the yuan to replace the dollar as the world's reserve currency
The yuan is the dollar's most high-profile contender, against the backdrop of US-China tensions and…
Huileng Tan
Crypto exchange Binance says it will step up its compliance efforts, including data-sharing with regulators and a tax-tracking tool
The crypto exchange has unveiled some new measures to step up its compliance efforts, including a t…
Camomile Shumba
A major UK bank will ban its customers from trading on cryptocurrency platforms because of its concerns over fraud
British lender TSB is going to stop its customers from buying cryptocurrencies from accounts that i…
Camomile Shumba
India under no obligation to implement WTO's dispute panel recommendations on export schemes: Goyal
A dispute settlement panel of World Trade Organization (WTO) in its report issued to members on 31…
PTI
Bitcoin traders are piling into bets that the price will drop below $40,000 by next month
There was little enthusiasm for buying the dip in bitcoin options markets, one exchange boss said.