The recession is attributed to foreign exchange shortages caused by the clampdown on tourism during the Covid-19 pandemic

CNBC asked analysts from Goldman Sachs and JPMorgan Asset Management which Southeast Asian markets were their top picks

Some 41 Sri Lankan MPs walked out of the ruling coalition on Tuesday, leaving the Rajapaksa government in a minority in parliament as it struggles with the worst economic crisis in decades

South Korea's consumer prices rose at their fastest pace in more than a decade in March as the Ukraine war fuelled surging energy and commodity costs

Chinese EV maker Nio is in talks with several other carmakers about licensing battery swapping technology that is at the heart of the group's strategy to win over motorists in Europe

Taiwan aims to forge closer ties with the US on electric vehicles, the metaverse and next-generation communication tech as Washington pushes to bring supply chains onshore, Nikkei says

Huawei paid out dividends totalling 61.4 billion yuan ($9.65 billion) to current and retired workers in its employee shareholder scheme, a filing with the Shanghai Clearing House shows

Emissions will have to be cut swiftly and deeply across economies to limit global warming to agreed temperature limits, they said in a new report by the Intergovernmental Panel on Climate Change

Washington-based lender says it expects 2022 growth in developing East Asia and the Pacific, which includes China, to expand 5%, down from its 5.4% forecast in October

As the cherry blossoms burst into bloom along Kyoto’s ancient, temple-lined alleys, Japanese tourists largely have the spectacular display to themselves

Sri Lanka has imposed punishing power outages lasting half a day or more in recent weeks as it runs out of foreign currency to pay for fuel imports

Vietnam, Indonesia, South Korea and Japan all have export numbers that are near or at their highest in at least a decade