Crisis-hit Sri Lanka has halted all its foreign debt payments so it can use its shrinking hard currency reserves to buy food and fuel

China stocks closed up after Beijing promised a cut in the reserve requirement ratio, while Hong Kong and Tokyo were buoyed by falls in US bond yields

The signings are Indonesia Investment Authority's first concrete steps since forming a toll road fund last year of up to $3.75 billion

The National Payments Corporation of India tells company it can increase the number of users on its payments service to 100 million from 40 million currently

Hyundai to invest $300 million to build the Electrified Genesis GV 70 and a hybrid version of the Santa Fe at Montgomery site

Chinese investors were in downbeat mood as Covid outbreaks and weak imports dented sentiment while traders in Hong Kong and Tokyo shrugged off soaring US prices

Analysts say they have yet to see a major indication China is violating Western sanctions on Russia. Overall trade with Russia rose to $38.2bn in January-March, a Chinese customs spokesman said

Five climate activist groups said they submitted shareholder resolutions for consideration at AGMs of four Tokyo-listed companies this year

Sri Lanka, whose reserves have dipped by two-thirds in two years, says it needs to come to an agreement with creditors and secure an IMF loan

But the picture elsewhere was less hopeful as world stocks slipped to their lowest levels in almost a month

Property consultant CBRE says the average price of a new apartment increased by 13 per cent to $1,655 per square meter

On the 'dark Web', things are taken further by pro-Russia and pro-Ukrainian actors alike, with both sides leaking sensitive data and moving to disrupt various services