Although Russia paid a coupon due on ruble bonds, some say the government is technically in default because foreigners cannot access those funds.

Bank of Russia reassures the world after Putin banned Russians' payments of hard currency to foreigners, including payments made "in connection with loan agreements."

CIPS is becoming increasingly convenient for global businesses; some see it eventually competing with SWIFT.

Applicants may now face 20 additional questions, and it remains unclear whether regulators will ultimately sign off on new offerings from Chinese firms.

PBOC officials say no, the e-yuan is currently designed primarily for domestic use.

Risk of trade clashes grows as United States prepares tariffs on countries that levy DSTs on U.S.-based tech companies.

China is proposing to resume tests of processes by which U.S. regulators would audit some of its most sensitive companies.

The limited deal would eliminate some tariffs, but it is not clear when it might be signed.