The Bank of Japan must maintain ultra-easy policy for a prolonged period to sustainably hit its 2% inflation target, the fund said in a staff report

Regional economies have largely lagged behind US and European re-openings from the pandemic, but central banks that looked past inflation pressures are now reassessing their positions

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

Lockdown curbs in China's financial centre will continue until the exercise is complete, city officials say

Results came from a multi-national clinical trial with over 700 subjects across the world, mostly in the US, recruited from April-December 2021, who were given proxalutamide or a placebo

The government will authorise a further 100 weekly flights to the US, Europe, Thailand and Singapore, where quarantine exemptions and visa-free entry are possible

The decline was worse than expected and comes as analysts warn that the economic cost of keeping infections to a minimum is likely to soar

The bloc's combined economy is projected to expand 5.2% this year, the ADB said in a report, down slightly from 5.3% forecast in December

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

The lockdown was originally set to end on Tuesday in the city's western districts, but has now been extended until further notice

Chinese vaccine developer CanSino Biologics said on Monday its potential Covid-19 vaccine using mRNA technology has been approved by the medical products regulator to enter clinical trials

Multiple provinces such Jiangsu, Zhejiang and Beijing have sent healthcare workers to Shanghai, with some estimates putting the total number at more than 10,000