China’s central bank extended support for the yuan via a stronger daily reference rate, a day after its flagship newspaper reassured investors that authorities have sufficient ammunition to stabilize the weakening currency.
The Biden administration’s battle with Republican-led states over free-speech limits escalated with its appeal of a judge’s sweeping order barring federal officials and agencies from communicating with social media companies over postings they deem objectionable. It’s the latest example of the judiciary flexing its muscles in cases testing the bounds of the First Amendment online.
Australia’s monthly trade surplus widened in May as exports of gold, natural gas and coal advanced, boosting company tax revenue and strengthening the nation’s fiscal position.
For oil bulls, one of the biggest caps on prices this year is turning into a tailwind.
Australia’s regulator fined Openmarkets Australia A$4.5 million ($3 million) after one of the country’s largest retail brokers was found to have breached market integrity rules.
A rise in cyberattacks poses a vital risk to India’s economic ambitions, with industries from manufacturing to pharmaceuticals becoming more vulnerable as they digitize operations, according to a Google subsidiary.
President Joe Biden will announce a $60 million investment from Enphase Energy Inc., a manufacturer of solar-energy equipment, when he travels Thursday to South Carolina, the latest effort to underscore his administration’s economic agenda as he seeks reelection.
Investigators at the Commodity Futures Trading Commission have concluded that bankrupt crypto lender Celsius Network and its former chief executive officer broke US rules before the firm’s implosion, according to people familiar with the matter.
The UK’s financial services regulator has said asset managers are putting investors at risk by not adequately monitoring the liquidity of their funds.
Mastercard Inc. is selling a new artificial intelligence-powered tool that helps banks more effectively spot if their customers are trying to send money to fraudsters.
