Washington-based lender says it expects 2022 growth in developing East Asia and the Pacific, which includes China, to expand 5%, down from its 5.4% forecast in October

Sri Lanka has imposed punishing power outages lasting half a day or more in recent weeks as it runs out of foreign currency to pay for fuel imports

Under-pressure Gotabaya Rajapaksa has sacked the finance minister – his brother Basil – as the economic crisis in the island nation deepens

President Gotabaya Rajapaksa called for a unity government on Monday to deal with the economic crisis, as ministers and the central bank chief offer to resign and stock trading is halted

A foreign currency shortfall has left Gotabaya Rajapaksa's government unable to pay for fuel imports as inflation, and the island’s population, rages

Chinese exports to Russia have been buffeted as the rouble swings in value, clear evidence of the effect Western sanctions over Russia's invasion of Ukraine are having in China

Protesters gathered near President Gotabaya Rajapaksa's residence in a Colombo suburb on Thursday and were broken up by police using tear gas and water cannons.

M&A and equity capital market activity declined sharply over January-March, Refinitiv data showed, with Chinese stocks among the biggest losers

Spike in fuel and grain costs clouds the outlook for many Asian economies that are reliant on energy imports

The food security initiative had the backing of the G7 and will now be discussed with G20 nations, including China and India

Taiwan has voiced its desire to be a "full member" of the forthcoming Indo-Pacific Economic Framework, part of the US effort to counter Beijing

Asia’s investors were in a downbeat mood over dismal figures from China, Covid lockdowns and a lack of progress in Ukraine peace talks