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The International Monetary Fund (IMF) resumes its US$2.9 billion bailout for Sri Lanka, releasing a $337 million tranche, after the country secures a debt restructuring agreement with China, its largest bilateral creditor.
2023-12-12

The Chinese Foreign Ministry announces that China will provide 5 million yuan ($790,000) in humanitarian aid to Ukraine.
2022-03-9

A planned US$66 billion merger between British semiconductor company Arm Ltd. and American hardware company Nvidia is cancelled after facing regulatory pressures from the United States, the European Union, the United Kingdom, and China. Arm says that it will instead go public sometime before March 2023. If the deal were successful, it would have been the largest merger in the history of the semiconductor industry.
2022-02-8

China's State Administration for Market Regulation issues a link=yes.2 billion ($2.78 billion) fine against technology company Alibaba over anti-competitive practices which forced merchants to choose one of two platforms, rather than being able to work with both.
2021-04-10

GlaxoSmithKline and the German biotech firm CureVac sign an agreement worth 150 million euros ($180.7 million) to develop a vaccine to counter many variants of SARS-CoV-2. The vaccine, which is subject to regulatory approval, is expected to be introduced in 2022.
2021-02-3

State-run oil company Saudi Aramco suspends plans to build a US$10 billion oil refinery in Liaoning, China, due to decreased global demand for oil. Its Chinese partners said they will press ahead with the project.
2020-08-21

Indian Minister of Power R. K. Singh announces that India will halt the importation of US$2.8 billion worth of Chinese power equipment due to heightened tensions between the two nations.
2020-07-3

An Austrian court grants a United States request to extradite Ukrainian businessman Dmytro Firtash. U.S. officials accuse Firtash of being involved in a scandal where he allegedly paid US$18.5 million in bribes for a permit to mine titanium in India, something Firtash denies.
2017-02-21

Chinese state television reports Guo Youming, former deputy governor of Hubei province, is found guilty of taking bribes totaling more than 23.8 million yuan ($3.70 million). Guo is the latest to be convicted as a result of China's paramount leader Xi Jinping's anti-corruption campaign that started when Xi took Party general secretary office three years ago.
2015-12-9

China loosens controls on the yuan, allowing it to fluctuate up to 1% in trading against the United States dollar, up from 0.5%.
2012-04-15