As de-dollarisation trends persist, can the yuan take the euro’s place?

News - South China Morning Post June 11, 2026 at 3:00 AM

In early April, hours after US President Donald Trump threatened to bomb Iran “back to the Stone Ages” in a prime-time address, China’s yuan-denominated cross-border payment system set a record for transaction volume in a single day. The Cross-Border Interbank Payment System (CIPS) skyrocketed to 1.22 trillion yuan (US$180.3 billion) on April 2, almost doubling the daily average volume in February. The spike occurred as more oil-producing nations rapidly scaled up their share of yuan settlements...

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China-UK cooperation vital in ensuring the AI era puts people first

News - South China Morning Post June 11, 2026 at 2:30 AM

During a recent discussion in Shenzhen with British Foreign Secretary Yvette Cooper, I was reminded that the development of artificial intelligence (AI) is no longer only a technological race. It is a test of whether major economies can build the institutions, standards and economic systems needed to integrate intelligent machines into human society. Britain has every reason to enter this new era with confidence. It has contributed to much of the modern world’s foundations. In 1687, Isaac Newton...

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Pakistani strikes kill 13 civilians in Afghanistan

Tajikistan News June 11, 2026 at 2:01 AM

Islamabad violated Afghan airspace in launching the overnight attacks, a Taliban spokesperson has allegedHostilities flared up on the Afghan-Pakistan border overnight as strikes by the Pakistani military killed 13 civilians, Afghan officials have said.The strikes took place in the Afghan border provinces of Kunar, Khost, and Paktika, according to Zabihullah Mujahid, a government spokesman

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Pakistani strikes kill 13 civilians in Afghanistan

Kyrgyzstan News June 11, 2026 at 2:01 AM

Islamabad violated Afghan airspace in launching the overnight attacks, a Taliban spokesperson has allegedHostilities flared up on the Afghan-Pakistan border overnight as strikes by the Pakistani military killed 13 civilians, Afghan officials have said.The strikes took place in the Afghan border provinces of Kunar, Khost, and Paktika, according to Zabihullah Mujahid, a government spokesman

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Pakistani strikes kill 13 civilians in Afghanistan

Turkmenistan News June 11, 2026 at 2:01 AM

Islamabad violated Afghan airspace in launching the overnight attacks, a Taliban spokesperson has allegedHostilities flared up on the Afghan-Pakistan border overnight as strikes by the Pakistani military killed 13 civilians, Afghan officials have said.The strikes took place in the Afghan border provinces of Kunar, Khost, and Paktika, according to Zabihullah Mujahid, a government spokesman

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Pope Leo blesses new tower at Spain’s Sagrada Familia

News - South China Morning Post June 11, 2026 at 1:43 AM

Pope Leo on Wednesday blessed a giant new tower at Barcelona’s famed Sagrada Familia Basilica after celebrating mass inside what is now the world’s tallest church. A choir of 600 singers performed at the service which lasted around 90 minutes and was attended by Spanish Prime Minister Pedro Sanchez as well as King Felipe VI and Queen Letizia. The stained-glass windows in various colours shone brightly in between the treelike columns of the temple as Leo delivered his homily in Spanish, Catalan...

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PM Modi thanks world leaders for wishes on record tenure as India's longest serving continuously elected Prime Minister

Tajikistan News June 11, 2026 at 12:58 AM

New Delhi [India], June 11 (ANI): Prime Minister Narendra Modi thanked Italian Prime Minister Giorgia Meloni for her warm wishes on becoming the longest-serving continuously elected Prime Minister in India's history.He said he looks forward to building on the momentum in the India-Italy Special Strategic Partnership for the mutual benefit of both nations and their peoples.

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PM Modi thanks world leaders for wishes on record tenure as India's longest serving continuously elected Prime Minister

Kyrgyzstan News June 11, 2026 at 12:58 AM

New Delhi [India], June 11 (ANI): Prime Minister Narendra Modi thanked Italian Prime Minister Giorgia Meloni for her warm wishes on becoming the longest-serving continuously elected Prime Minister in India's history.He said he looks forward to building on the momentum in the India-Italy Special Strategic Partnership for the mutual benefit of both nations and their peoples.

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PM Modi thanks world leaders for wishes on record tenure as India's longest serving continuously elected Prime Minister

Turkmenistan News June 11, 2026 at 12:58 AM

New Delhi [India], June 11 (ANI): Prime Minister Narendra Modi thanked Italian Prime Minister Giorgia Meloni for her warm wishes on becoming the longest-serving continuously elected Prime Minister in India's history.He said he looks forward to building on the momentum in the India-Italy Special Strategic Partnership for the mutual benefit of both nations and their peoples.

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World leaders heap praise, congratulate PM Modi on being longest serving continuously elected PM in India

Kyrgyzstan News June 11, 2026 at 12:03 AM

Moscow [Russia], June 10 (ANI): World leaders on Wednesday congratulated Prime Minister Narendra Modi on reaching a landmark in Indian political history by becoming the country's longest-continuously serving elected Prime Minister. By completing 4,399 consecutive days in office, he surpassed the record previously held by India's first Prime Minister, Jawaharlal Nehru, who served for 4,398 days as an elected head

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World leaders heap praise, congratulate PM Modi on being longest serving continuously elected PM in India

Tajikistan News June 11, 2026 at 12:03 AM

Moscow [Russia], June 10 (ANI): World leaders on Wednesday congratulated Prime Minister Narendra Modi on reaching a landmark in Indian political history by becoming the country's longest-continuously serving elected Prime Minister. By completing 4,399 consecutive days in office, he surpassed the record previously held by India's first Prime Minister, Jawaharlal Nehru, who served for 4,398 days as an elected head

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World leaders heap praise, congratulate PM Modi on being longest serving continuously elected PM in India

Turkmenistan News June 11, 2026 at 12:03 AM

Moscow [Russia], June 10 (ANI): World leaders on Wednesday congratulated Prime Minister Narendra Modi on reaching a landmark in Indian political history by becoming the country's longest-continuously serving elected Prime Minister. By completing 4,399 consecutive days in office, he surpassed the record previously held by India's first Prime Minister, Jawaharlal Nehru, who served for 4,398 days as an elected head

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US and Iran exchange more strikes, Tehran tightens hold on Hormuz

News - South China Morning Post June 11, 2026 at 12:01 AM

The United States ramped up pressure on Iran on Wednesday by carrying out strikes for a second straight day and the Treasury Department slapped fresh sanctions on entities that it says “have supported weapons procurement” on behalf of Tehran, including some in mainland China and Hong Kong. “We hit them hard yesterday and we’re going to hit them again hard today,” US President Donald Trump told reporters at the White House. “We’ll see what happens with the deal. We’re really close to a deal but...

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Kyrgyzstan receives over 250 mln USD in remittances in March

Kyrgyzstan News June 10, 2026 at 11:45 PM

BISHKEK, June 10 (Xinhua) -- Remittances received by Kyrgyzstan in March of this year totaled 255.2 million U.S. dollars, according to the National Bank of Kyrgyzstan. The data published on Wednesday by the National Bank on its Telegram channel showed that the bulk of these remittances from the Commonwealth of Independent States (CIS) countries amounted to 235.5 million dollars. Transfers from non-CIS countries

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Kyrgyzstan receives over 250 mln USD in remittances in March

Tajikistan News June 10, 2026 at 11:45 PM

BISHKEK, June 10 (Xinhua) -- Remittances received by Kyrgyzstan in March of this year totaled 255.2 million U.S. dollars, according to the National Bank of Kyrgyzstan. The data published on Wednesday by the National Bank on its Telegram channel showed that the bulk of these remittances from the Commonwealth of Independent States (CIS) countries amounted to 235.5 million dollars. Transfers from non-CIS countries

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Kyrgyzstan receives over 250 mln USD in remittances in March

Turkmenistan News June 10, 2026 at 11:45 PM

BISHKEK, June 10 (Xinhua) -- Remittances received by Kyrgyzstan in March of this year totaled 255.2 million U.S. dollars, according to the National Bank of Kyrgyzstan. The data published on Wednesday by the National Bank on its Telegram channel showed that the bulk of these remittances from the Commonwealth of Independent States (CIS) countries amounted to 235.5 million dollars. Transfers from non-CIS countries

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Kazakhstan expects 98 mln tonnes of oil output in 2026: energy minister

Turkmenistan News June 10, 2026 at 11:45 PM

ALMATY, June 10 (Xinhua) -- Kazakhstan expects to produce 98 million tonnes of oil in 2026, taking into account shutdowns at the Tengiz oil field and attacks affecting the Caspian Pipeline Consortium, Kazakh Energy Minister Yerlan Akkenzhenov said Wednesday, according to the Interfax-Kazakhstan news agency. Due to the disruptions, Kazakhstan's oil production in the first four months of 2026 fell about 5 million

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Kazakhstan expects 98 mln tonnes of oil output in 2026: energy minister

Tajikistan News June 10, 2026 at 11:45 PM

ALMATY, June 10 (Xinhua) -- Kazakhstan expects to produce 98 million tonnes of oil in 2026, taking into account shutdowns at the Tengiz oil field and attacks affecting the Caspian Pipeline Consortium, Kazakh Energy Minister Yerlan Akkenzhenov said Wednesday, according to the Interfax-Kazakhstan news agency. Due to the disruptions, Kazakhstan's oil production in the first four months of 2026 fell about 5 million

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Kazakhstan expects 98 mln tonnes of oil output in 2026: energy minister

Kyrgyzstan News June 10, 2026 at 11:45 PM

ALMATY, June 10 (Xinhua) -- Kazakhstan expects to produce 98 million tonnes of oil in 2026, taking into account shutdowns at the Tengiz oil field and attacks affecting the Caspian Pipeline Consortium, Kazakh Energy Minister Yerlan Akkenzhenov said Wednesday, according to the Interfax-Kazakhstan news agency. Due to the disruptions, Kazakhstan's oil production in the first four months of 2026 fell about 5 million

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