The UK-based group hopes to develop the Asian Renewable Energy Hub (AREH) in northwestern Australia, with eventual capacity of 26 gigawatts of solar, wind and green hydrogen power

"It is turning into a Black Monday in Asia," Oanda wrote in a client note. "The R-word (is) now on everyone's lips" amid "a scramble to reassess Fed hiking expectations."

Shock US data on Friday showed inflation at a 40-year high of 8.6%, intensifying volatility across asset classes as investors worry about potentially faster interest-rate increases.  

One risk is that export bans by countries that rely heavily on food imports could prompt neighbours to retaliate, an analyst told the Times

Affluent investors in Asia allocate an average of 7% of their portfolio to digital assets — more than foreign exchange, commodities or collectibles, the Accenture report said

In Toto Consulting looks at three options: spinning off HSBC's Asian business; separately listing 25% of the unit; or floating a quarter of the Hong Kong retail business

An IMF delegation will visit Sri Lanka on June 20 and Prime Minister Ranil Wickremesinghe is hopeful a staff level agreement will be reached by the end of the month

  Pakistan on Friday unveiled a budget that will raise taxes for the wealthy and privatise government assets as the...

Ministry of Finance, the BOJ and the Financial Services Agency express concern over yen weakness in strongest signal so far that Tokyo may step in to stem the slide

Most Asian markets fell on Friday, unnerved by the return of Covid restrictions in Shanghai after new Covid cases were reported. Investors were also wary ahead of US inflation data later in the day

The days of cheap Russian oil have evaporated, according to Indian sources, who say Rosneft has failed to sign new oil deals with Indian refiners, as sales have been done with other customers.

The port has been criticised as an example of reckless spending by the government, which has seen the country plunge into economic chaos and left the government unable to repay loans