The Australian dollar has become the third currency, along with the US dollar and the Japanese yen, to trade directly with the Chinese yuan.

Accountancy giant KPMG has quit as auditor of two US companies amid an FBI investigation into alleged insider trading involving a former employee.

Mastercard is being investigated by the European Commission over fees charged for card transactions made by people visiting Europe.

China's President, Xi Jinping, has promised to protect the rights of foreign companies.

Retailers in the UK are rationing sales of powdered baby milk because of a surge in demand in China.

North Korean employees have not reported for work at the Kaesong Industrial Complex, suspending one of the few points of cooperation between North and South Korea.

Trade between Australia and China just got a little easier.

Portugal's prime minister says the government will have to cut spending on health, education and social security to keep the country's €78bn bailout programme on track.

The Japanese yen has dropped to its lowest level since 2008 against the US dollar after the central bank began the latest round of its stimulus programme.

The Dubai free zone will become one of the world's top trading hubs for precious metals in two years, driven by the influx of firms and customers from the emerging markets, an official said [ … ]