There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions

Asian shares were mixed after China's central bank unexpectedly trimmed two key lending rates following the release of July data that showed the nation's economic slowdown deepening.

The Yuan Wang 5 is expected to arrive at the island nation's southernmost port, Hambantota, on Tuesday – despite security concerns raised by its neighbour India and the US.

China will send experts to Nepal to conduct surveys of a cross-border railway this year, but Nepal still needs to appoint a rail minister and get its trains moving, local media say

Developing countries should think twice before taking loans via China's Belt and Road scheme given global inflation, slowing growth and the crisis in Sri Lanka, Dhaka minister says

The transaction ''will further strengthen our defence against the severe market environment," SoftBank said.

The Taiwanese electronics maker forecast flat revenue growth for the quarter ending in September amid concerns over the impact of inflation and a potential recession on gadget demand. 

Japan's ageing population was the main source of the decline, said the report, while Covid-19 restrictions last year kept its foreign population lower than usual

India's top rice-producing states of Bihar, Jharkhand, West Bengal and Uttar Pradesh have recorded a monsoon rainfall deficit of as much as 45% so far this season

The island nation is wilting under billions of dollars of debt that have led to food and fuel shortages causing social unrest

"China will teach the US a lesson again, as it will use US mistakes to comprehensively change the Taiwan Straits situation, just as it did in Hong Kong," an 'expert' was quoted as saying

The yen has risen by almost 4.5% over the five last trading sessions, reaching a high of almost 130.4 yen to the dollar in London on Tuesday