Bloomberg Chinese companies are expected to cancel most of the remaining soybeans they have committed to buy from the US in the year ending on August 31 once the extra tariff on US imports takes effect from July 6. China is the world’s top soybean buyer and has yet to take delivery of about 1.14 million metric tonnes of US ...

Bloomberg One year after India introduced a consumption tax, the results have been mixed. Hailed as one of the biggest reforms by Prime Minister Narendra Modi, the goods-and-services levy has helped increase tax collections in a country where compliance is historically low. While monthly receipts have picked up after a chaotic rollout, they are still not strong enough to meet ...

Bloomberg India’s top court refused to overturn a central bank ban on lenders from dealing in cryptocurrencies, a move that effectively outlaws the nascent industry in Asia’s third-largest economy. A bench headed, by Chief Justice Dipak Misra, said the Reserve Bank of India’s directive prohibiting banks, financial institutions and other regulated institutions from providing any services related to virtual currencies ...