Asia

Ballooning Chinese dollar borrowing a dilemma for index trackers

Record-breaking dollar bond sales from Chinese companies are steadily increasing China's weight in global indexes, raising concerns about overexposure among…

Venezuela launches fifth forex plan in four years

Venezuela on Tuesday announced a new foreign exchange auction mechanism to complement its currency control system, the fifth such plan…

China set to impose heavy import duties on sugar, as experts question impact

China said on Monday that it will impose hefty penalties on sugar imports after lobbying by domestic mills, but experts…

Despite Reserve Bank’s caution, 2,500 Indians investing in Bitcoins daily

Despite the Reserve Bank’s call for caution to people against the use of virtual currencies, a domestic Bitcoin exchange today…

Cruises boom as millions of Chinese take to the seas

Liu Jing wakes at 7, feeds her 84-year-old mother and two-year-old grandson and then spends the day watching the boy…

China’s President Xi says Belt and Road summit reaches consensus, achieves positive outcomes

China's first ever Belt and Road summit, held in Beijing over the last two days, has reached a broad consensus…