Hwee Bin Lim testified she received around $35 million as a return on an investment, but prosecutors say that money represented kickbacks
Lenders are facing a "severe business environment", China Construction Bank said, while Bank of Communications warned it was unlikely to deliver "satisfactory earnings"
A soft yen was long seen as a boon to Japan's economy, but the country may need to rethink a fundamental assumption of its economic approach
Russian Foreign Minister Sergei Lavrov is set to fly to India this week, sources said, amid talk that Moscow wants to boost trade and payment systems because of sanctions over Ukraine
Japan and the US agreed to keep in close contact on currency issues, Japan's top currency diplomat said on Tuesday after the yen's decline to six-year lows against the dollar
Asia’s major stock markets advanced on Tuesday but gains were tempered by concerns over the impact of Covid lockdowns in China’s financial hub
Over 20,000 bankers, traders and other workers are bedding down in office towers in Lujiazui district as they bid to keep China's financial hub ticking through its Covid lockdown
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.