With its reserves nearly depleted, debt payments looming, and its currency down by 40%, the government's only option is an IMF bailout backed by the World Bank and ADB, analysts say

Fed minutes released yesterday reveal it’s ready to take an uncompromising approach to soaring prices and inflation causing headaches at home and abroad

Shanghai has fallen silent after it imposed harsh movement curbs to stem the spread of Covid, with only health workers, delivery personnel or people with special permission allowed outside

State-run Sinopec, CNOOC, PetroChina and Sinochem have stayed on the sidelines in trading fresh Russian cargoes for May loading

Paytm raised $2.5bn in India's biggest IPO last November but made a dismal debut on widespread concerns over its high valuation

VerSe, which is the Indian 'parent' of short-video app Josh and news aggregator Dailyhunt, is now valued at $5 billion

The three units are under investigation over suspected fee collusion in a case that could have serious ramifications for India's $500 billion corporate debt market

Pressure on China’s economy has intensified with news that its services activity contracted at its steepest pace in two years last month, as the Covid surge began

Kaisa's move may set an example for other distressed developers, including China Evergrande and Shimao, to bring in SOEs or local governments to restructurings

The NFT bubble isn't popping but it may have sprung a leak as sales dip on the world’s biggest marketplace, OpenSea

Asia’s markets capped a month-long recovery but trade was low-key as worries over Fed policy tightening and the conflict in Ukraine cast a shadow

Poll comes after Tesla CEO disclosed a 9.2% stake in Twitter earlier in the day, worth nearly $3 billion, that made him the micro-blogging site's largest shareholder