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

Freeport LNG announced the closure after assessing the damage. Asian markets are already strained by limited access to Russian LNG due to its war on Ukraine

Russia is pumping an extra 70,000 barrels a day via the East Siberia Pacific Ocean pipeline to Kozmino, its port in the Far East, amid surging demand from countries in Asia and EU sanctions

Sri Lanka is in talks with the IMF for a loan package to help navigate its worst economic crisis in seven decades

TSMC customers in Europe are far fewer than in other parts of the world, chairman Mark Liu told the company's annual shareholder meeting

Russian news agency Sputnik said the move was designed to bolster cooperation among Shanghai Cooperation Organisation nations ``as a bulwark against US sanctions.''

Sri Lanka is renegotiating terms of a yuan deal with China worth $1.5bn, as the country will need $5bn to fund essential imports over the next six months to ensure basic living standards, PM says

Taking into account access to different Bain pools of capital, the second fund means Bain now has $5 billion of capital to invest in the region

Despite a moribund British economy and heavy corporate tax, Indian-owned tech firms are growing in the UK.

Tokyo-based machinery maker Ebara is working on a new process to make "turquoise" hydrogen using methane instead of fossil fuels, Nikkei Asia says