The deficit could reach $130 billion for fiscal 2022 if crude oil bounces back to $130 a barrel and the yen trades at 120 against the dollar
The Central Bank of Myanmar ordered banks and other holders of foreign currency to convert these deposits into the local kyat currency
A US jury found Roger Ng guilty on all charges in the trial over the looting of billions of dollars from Malaysia's 1MDB sovereign wealth fund
The US dollar index strengthened on Friday, supported by the prospect of more aggressive Federal Reserve interest rate hikes. It has gained ground on many rivals over the past month
Samsung Electronics' flagship Galaxy S22 phone has taken a battering from reports of hobbled performance which has led to carriers halving its price in South Korea just weeks since its launch
Economists expect Beijing to step in with monetary easing measures to prop up the economy and make sure China hits its 5.5% growth target for this year
GoTo is banking on a steady market debut after raising $1.1 billion in a relatively cautious IPO, while the local share market is booming
India’s fast-rising Russian oil imports are being matched by its rising oil exports suggesting it may be reselling Russia’s oil to the West.
US tech giant Apple told its Taiwan suppliers that products moving to China must be labelled to state that the island is a part of China and not an independent nation
Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.
The Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.