Yuan set for biggest fall since 1994

With China set to have 400 million elderly people by 2035, authorities are trying to figure out how to take care of them. Family structures were transformed with the now defunct one-child policy. Even now, the birth rate continues to plummet.

While visiting Shanghai, German Chancellor Olaf Scholz has argued that the European market must be open to Chinese cars. However, he said that competition must be fair.

Jury selection will soon begin in the first criminal trial of any ex-US president. The trial involving payments to an adult actress could keep Trump from campaigning for weeks as he seeks reelection to the White House.

Some top Nigerian banks are eyeing the international and local capital markets to raise fresh capital in a bid to meet the recapitalisation exercise by the Central Bank of Nigeria. Egie Akpata, Chairman of Skymark Partners joins CNBC Africa to examine options available to banks.

According to the International Monetary Fund (IMF), a 10% rise in the dollar on the currency market would push down real gross domestic product (GDP) in emerging economies by 1.9% after one year, with adverse economic effects lasting more than two years

Solomon Islanders began voting on Wednesday in a crucial election that will decide China's foothold in the Pacific region. Polling booths opened at 7 a.m. local time on Wednesday (2000 GMT on Tuesday), with almost 420,000 registered voters to elect 50 members of the national parliament. There are more than 1,000 polling stations scattered across the Solomons archipelago, 2,000 kilometers (1,200 miles) off Australia's coast.