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.

Companies were hit by supply disruptions and surging raw material costs caused by the Ukraine crisis and expect conditions to worsen in the three months ahead

Starting in May, the US will release 1 million barrels per day (bpd) of crude oil for six months from the Strategic Petroleum Reserve

Spike in fuel and grain costs clouds the outlook for many Asian economies that are reliant on energy imports

Bullock is an assistant governor at the Reserve Bank of Australia responsible for the bank's financial stability and has an oversight of the payments system.

Monetary policy is not the right tool, Mitsuhiro Furusawa said, brushing aside speculation that the declines might prompt a rise in interest rates.

That gave it the third-largest share of the central bank's reserves. US dollar reserves fell to 80.34% of the total from 86.03% a year earlier

The food security initiative had the backing of the G7 and will now be discussed with G20 nations, including China and India

Taiwan has voiced its desire to be a "full member" of the forthcoming Indo-Pacific Economic Framework, part of the US effort to counter Beijing

Japan is attempting to balance its need for fossil fuels with toeing a hard line on Russia, and has faced questions over its involvement in the Sakhalin 2 project

Chukkrit Watcharasaksilp, chief of sales and marketing at Advice, said a shortage is likely in May to June if new lockdowns in China hobble producers

The Japanese billionaire made the remarks to SoftBank leadership team at a recent meeting, according to people briefed on the discussions