Katherine Tai said the trade arrangement would involve US allies and friends. Commerce Secretary Gina Raimondo said the framework would be flexible and Congress would not be involved

US Commerce Secretary Gina Raimondo says the new Indo-Pacific economic framework will not be a typical trade deal

China, India, Indonesia and the Philippines are among developing Asian nations that fall in lowest-risk categories, according to new research by Nomura

The three countries' progress on vaccination, plus falling or low case numbers and relatively large tourism sectors were factors in them topping this rating, Oxford Economics said

Japan, South Korea and Taiwan have led the bounceback contributing to a surge in growth that is expected to last until 2022, predicts Morgan Stanley

The Chinese president has already urged leaders of the 21-member APEC group not to return to tensions of the Cold War era

Bank Negara Malaysia reaffirms the government’s growth forecast for this year at 3-4% and for 2022 at 5.5-6.5%.

Asian manufacturers are looking past supply chain issues, recognising resilient demand, says expert at DBS

Japan to set aside hundreds of billions of yen under a supplementary budget to create a pool of funds at NEDO, a state energy and industrial technology body

Beijing’s strict travel restrictions are still in place as it firefights Covid outbreaks across the country creating a $255bn shortfall in global travel spending

The power crisis in China may disrupt the Indian pharmaceuticals market, as prices of 'active' ingredients have shot up recently because of supply chain problems.

The Anglo-Dutch energy giant should be split into at least two businesses, corporate raiding company Third Point argues