The International Monetary Fund expects India to increase its contribution to global growth over the next five years as the economy continues to grow fairly rapidly.

The Taiwan dollar is regaining an edge over China’s yuan as a carry-trade currency.

Oil advanced as geopolitical tensions ratcheted higher in the Middle East, with prices poised for a second straight weekly gain.

It’s likely just a formality before Country Garden Holdings Co.’s missed dollar bond interest payment is declared a default, as creditor focus shifts to a potential debt restructuring for the distressed Chinese developer.

US Secretary of Defense Lloyd Austin and Saudi Defense Minister Khalid bin Salman held talks by telephone to discuss their security partnership and Middle East developments.

The opposition Labour Party overturned huge Conservative majorities to win two parliamentary seats, boosting leader Keir Starmer’s hopes of ousting Rishi Sunak as prime minister in a UK vote expected next year.

Chinese gamers now have to pay more than double the list price of Nvidia Corp.’s flagship consumer graphics card after it was caught up in a US technology export ban on its biggest geopolitical rival.