Myanmar's military-controlled government has already said it would also accept China's renminbi as an official settlement currency

Risks of a rise in consumer prices and disruption to current-account balances have triggered strong foreign outflows from equities

Sri Lankan central bank's moves include mandatory currency conversion for exporters of goods and services to change their foreign exchange earnings into Sri Lankan rupees

Brad McEvoy of start-up Kademi said he was furious at OFX, formerly known as OzForex, for blocking payments to his Ukrainian workers

The Indian rupee fell to a historic low on Monday, after a sharp rise in global prices of crude oil stirred concern on inflation and possible interest rate hikes by the central bank

Yuan's trade-weighted CFETS basket index rose to 106.07, the highest level since the index was introduced in early 2015, according to a calculation based on official data

Japan's Nikkei sinks 3.2%, Sensex opens 2.3% down, while the MSCI's broadest index of Asia-Pacific shares ex-Japan loses 1.6% and Chinese blue chips shed 0.8% amid a sea of red 

The transport and logistics company said it was offering customers "various alternative options of payment" for euro and US dollar transactions

The Public Utilities Commission said it was a "black day" for the island nation as it approved the rationing power stations running out of fuel

Official says city would continue to be gateway between the Mainland and international markets, as well as a bridge for international capital

M-DAQ said it would inject fresh capital to accelerate Wallex's business, which is expected to process about $11 billion worth of transactions this year

Stefanie Holtze-Jen has been recruited from former Deutsche Bank unit DWS, where she coordinated a team to guide portfolio managers on strategy