Other investors include Hong Kong's Huobi Ventures as well as Shima Capital, Malaysia's OKX Blockdream Ventures, Mechanism Capital and Morningstar Ventures

Sun Cable completed an A$210 million (US$152 million) Series B capital raising with existing shareholders to accelerate the progress of the Australia-Asia PowerLink

Toyota supplier Denso and Asahi Kasei among those said to be on board

Risks of a rise in consumer prices and disruption to current-account balances have triggered strong foreign outflows from equities

Sri Lankan central bank's moves include mandatory currency conversion for exporters of goods and services to change their foreign exchange earnings into Sri Lankan rupees

Islamabad's military spokesman said the armed forces were not sure of the nature of the object, which crashed near the eastern Pakistani city of Mian Channu

The call came after a $20 billion promise from Riyadh in 2019 has largely stalled as Islamabad negotiates an International Monetary Fund package

Better operating conditions for the Hong Kong-based insurer, which relies on its army of agents, prompted it to announce the buyback plan spread over the next three years

The unit said it is looking to invest in technology startups in Web3, gaming and fintech – especially those in the metaverse, NFT, blockchain and e-sports

Five countries experienced higher medical trend rates than the regional average in 2021: India with the highest medical inflation rate of 14%, followed by China (12%)

Asian Development Bank returns to US dollar bond market with the pricing of a two-year global benchmark bond worth $2.25 billion and a seven-year global benchmark bond worth $1.5 billion

The mining lease will aid Tata Power in ensuring a regular supply of coal for its thermal power plants. Tata Power holds a 30% stake in KPC.