Stagnant demand from China, monetary policy tightening, and high inflation were the key causes of falling exports, Finance Ministry official Beatrice Tsai said.
There is a "lack of trust" between the two nations, which are both in competition for political influence on the island, a Sri Lankan official said
The issuance of bonds in local Asian currencies has shot up to the largest in more than a decade as governments and borrowers avoid expensive US dollar debt
Global recession fears and high inflation pose big risks to the economy, Premier Fumio Kishida told parliament on Wednesday, but there are hopes tourism will lift the economy
SoftBank chief Masayoshi Son hasn't proposed that Samsung buy a stake in Arm or make a pre-IPO investment, the JoongAng daily newspaper reported
China's dominance in EV sales and production is well known, but Europe has grabbed the lead in regard to EV demand growth relative to total auto demand, plus car inventories and ratio of sales
Asian stock markets faced total outflows of $69.7 billion in the first three quarters of 2022, well in excess of the $47.6 billion in outflows in 2008, when the global financial crisis occurred
The South Korean firm plans to ramp up manufacturing of its advanced chips used for artificial intelligence, 5G, and high-performance computing over the next five years
A US-led group met with African nations recently to bolster supply chains needed for the clean energy transition in a bid to "challenge Chinese dominance" in critical minerals
Manufacturing activity shrank in Taiwan and Malaysia, and grew at a slower pace in Japan, Vietnam and India compared with August, survey data showed on Monday
US Treasury has imposed sanctions on an Indian petrochemical firm and groups in the UAE and Hong Kong for secret deals that funded the shipping of Iranian oil products to South and East Asia
Asian markets had a mixed day on Friday with most markets down, bar India. Overall, equity investors experienced their worst month since the onset of the Covid-19 pandemic