Russia has been diverting oil exports from Europe to Asia as the US and its allies try to choke off its energy revenues to limit its ability to fund the Ukraine war
India sold crude products worth $588 million to the US in November after snapping up sanctioned Russian oil at deep discounts
IMF Asia-Pacific director Krishna Srinivasan said inflationary pressures are rising due to a global surge in food and fuel costs caused by the war in Ukraine
Reliance emerged as one of the key buyers of discounted Russian crude after some Western buyers shunned it following Moscow's invasion of Ukraine in late February
China's grain stocks at the end of the 2021/22 season were estimated by the International Grains Council to be 323.4 million tonnes, more than half the global total of 607.4 million
SPB Exchange in St Petersburg began trading in 12 securities whose primary listing is on the Hong Kong Stock Exchange and will provide access to bourse infrastructure
The FA-50 fighter jets are part of a package that includes 180 K2 Black Panther tanks and howitzers from South Korea, Poland's defence minister said on Friday
ADB cited China’s Covid-19 lockdowns as well as monetary tightening and Russia’s invasion of Ukraine as factors dragging down Asian gross domestic product growth
The US confidence in a price cap follows positive reaction by China and India to the plan, which would limit Moscow’s revenues over its aggression in Ukraine
Japan's aims is to send a clear signal of government backing for the project and bucks moves by West that has prohibited firms from making new investments in Russia
Britain's Trade Remedies Authority said plunging stocks from Russia, Belarus and Ukraine have created a crisis in the construction industry
The IEA and the US say the energy crisis stemming from curbs on Russia should be a warning for Indo-Pacific nations to focus on shifting away from fossil fuels and China's solar tech suppliers