Russia has spent seven years building up formidable financial defences, yet in the long run its economy is unlikely to withstand the onslaught of coordinated sanctions from the West.

Shein had revived plans to list in New York this year and its founder was considering bypassing proposed tougher rules for offshore IPOs in China

Companies move to reassure investors saying the scale of Chinese investments in the region is limited and dominated by state firms

The issue is complicated in a region with a mix of large economies, export powerhouses and emerging nations with different trade structures

In the past week, since Xi told the city its "overriding mission" was to control the crisis, Hong Kong has stepped up anti-pandemic measures

Japan's biggest securities firm has hired over 50 relationship managers from banks including Citigroup, Deutsche Bank, BNP Paribas

Tokyo also plans to quickly implement further steps to help curb rising prices of fuels such as petrol and kerosene amid soaring oil prices

Three-month aluminium on the London Metal Exchange jumped 3.3% to $3,402 a tonne by 1700 GMT after touching a record of $3,480

The People's Bank of China injected 300 billion yuan ($47.4 billion) worth of seven-day reverse repos into the banking system on Friday

Volumes jumped more than 67% in the quarter with retail trading accounting for 32% of volumes and crypto assets contributing 68% of total trading

The foreign ministers of Pakistan and Russia, Shah Mehmood Qureshi and Sergey Lavrov, also discussed bilateral relations in Moscow

The RBI has come under criticism from several quarters, including economists, for not unwinding its extraordinary monetary stimulus