Central banks from Hong Kong, Thailand, China and the UAE issued CBDCs worth $12m on BIS’ mBridge platform to test cross-border transfers to and from commercial banks and foreign exchanges
Rising gas prices have forced Thailand to extend the lifespan of some coal plants to meet its power needs. Meanwhile, Thai exports rose by 7.8% in September
Mirae Asset is creating a 300 billion won ($208 million) fund to support Musk's takeover of Twitter, the Korea Economic Daily said
Problems were reported by 19,000 users in Singapore and 68,000 in the UK, as well as users in India and Hong Kong
The world is facing its "first truly global energy crisis" but IEA chief says that has sped up the transition to clean, renewable sources of power.
China's top exports to Russia included smartphones, generator sets, excavators and containers, while imports from Russia also rose 55%.
Japanese PM Fumio Kishida said the two nations had been working to achieve a free and open Indo-Pacific under "an increasingly severe strategic environment"
Toyota has already slashed its global production target for the last financial year three times, from 9.3 million in May 2021 to 8.5 million this February
Australia and Japan are expected to update their security agreement, given China's aggressive posturing over Taiwan and the South China Sea. But Tokyo also wants help with its energy transition
Japan's core consumer inflation rate rose 3% last month to a new high, adding pressure on the Bank of Japan and its soft interest rate policy, which has caused the yen to plummet
"A few of the Russian banks are joining hands with UCO Bank and Yes Bank. It will be primarily rupee-basis trade, could be rupee-rouble or could be rupee-riyal," a government official said
Imports rose by more than 40% for the fifth month in a row, hitting their highest ever level since data began in 1979, according to Japan's MOF