China agreed on Wednesday to a request by Pakistan to roll over a $4.2 billion debt that was due to be repaid this week

The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) fell to 48.1 in March, indicating the steepest rate of contraction since February 2020

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

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 part of China’s financial capital which is home to the German automaker’s plant begins a five-day Covid lockdown on Friday

Activity in Chinese manufacturing and services simultaneously contracted in March for the first time since the height of the country's Covid-19 outbreak in 2020

The equity capital raise will be conducted via a rights issue and redeemable shares raising NZ$1.8 billion, NZ$850 million of which will be used to repay outstanding debt

Like the travel industry as a whole, Changi was hit hard by the pandemic, with passenger volume dropping to as low as 1.5% of its usual numbers

The plea for patience came as Chinese financial hub said its overall daily Covid caseload eased, for the first time in about two weeks

The boom started after March 21 when South Korea lifted a seven-day mandatory quarantine for fully vaccinated travellers arriving from most countries

The official manufacturing Purchasing Managers' Index fell to 49.5 in March from 50.2 in February, the National Bureau of Statistics said

China's largest banks have said lenders face multiple headwinds this year that include the pandemic and global politics