President Gotabaya Rajapaksa called for a unity government on Monday to deal with the economic crisis, as ministers and the central bank chief offer to resign and stock trading is halted
Mineral sands group commits to the country's first refinery, boosted by a $749m loan from the federal government to counter China's dominance of the processing of rare earths
Chinese exports to Russia have been buffeted as the rouble swings in value, clear evidence of the effect Western sanctions over Russia's invasion of Ukraine are having in China
China agreed on Wednesday to a request by Pakistan to roll over a $4.2 billion debt that was due to be repaid this week
The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) fell to 48.1 in March, indicating the steepest rate of contraction since February 2020
Shares of 14 Chinese developers and 18 other firms were suspended from trade by Hong Kong exchange on Friday for failing to declare results; many said audits were hit by Covid curbs.
Activity in Chinese manufacturing and services simultaneously contracted in March for the first time since the height of the country's Covid-19 outbreak in 2020
A big increase in Russian oil imports by India could expose Delhi to "great risk" as the US prepares to step up enforcement of sanctions against Moscow for invading Ukraine, a US official has warned
DJI says claims it is leaking GPS data on Ukrainian military positions to Russia are false, after a German retailer gave that reason for blocking sales of its drones
Russian Foreign Minister Sergei Lavrov is set to fly to India this week, sources said, amid talk that Moscow wants to boost trade and payment systems because of sanctions over Ukraine
Japan and the US agreed to keep in close contact on currency issues, Japan's top currency diplomat said on Tuesday after the yen's decline to six-year lows against the dollar
Over 20,000 bankers, traders and other workers are bedding down in office towers in Lujiazui district as they bid to keep China's financial hub ticking through its Covid lockdown