The Paris Club of creditor nations is ready to provide financing assurances for Sri Lanka, which needs the backing for a $2.9 billion bailout by the International Monetary Fund, sources say

President Xi Jinping warned this week that China must speed up moves to become self-reliant in science and technology "to prevent being strangled by foreign countries"

The Philippines has given the US expanded access to its military bases, amid concern over China's behaviour in nearby waters that Manila claims as its exclusive economic zone

The share plunge of Adani listed companies topped $100 billion on Thursday after the group canned its $2.5-billion share sale – a move that raised more questions over the group's status and dealings

Shares of Adani Enterprises plunged by close to 27% on Wednesday, knocking Gautam Adani from third to 10th on Forbes' list of the world's richest tycoons

Local government bodies accumulated an estimated $18 trillion of debt last year, according to CNN, which said the problem is so bad some cities have cut basic services and are at risk of default

Mining giant Rio Tinto apologized for the health safety scare triggered by the temporary loss of the radioactive capsule by a contractor carrying it from a mine in the north to Perth

Surveys show that factory activity slowed all across Asia in January, with weak demand from the US and Europe being felt in China, Japan, South Korea, Taiwan, Southeast Asia and India

Two Chinese ministries say they are considering restricting exports of three technologies in the booming solar energy sector – wafers, black silicon, and ingot casting

TikTok says its CEO Shou Zi Chew will testify before the US Energy and Commerce Committee on March 23. The company denies sharing user data with China's Communist Party.

Economists wary about figures for January, saying strong holiday consumption has flattered the PMI report and that export orders have got worse

US officials are now blocking 4G items, Wifi 6 and 7, artificial intelligence and high-performance computing and cloud items from being shipped to Huawei; China says this is a serious concern