The philosophy is aimed at "centralising and strengthening the party’s economic control,"  Chinese academic Xin Sun argues in a London School of Economics paper

As most shipments were contracted before the invasion of Ukraine, any cut to Russian oil purchases due to worries about sanctions would only be reflected in data due for release in May

Stringent lockdown measures have left the city struggling with loss of income, irregular food supplies, separation of families and poor quarantine conditions

Though deputy chief cabinet secretary Seiji Kihara repeated Tokyo's common refrain that sharp moves in currency rates were undesirable

Lee, the former No.2 official of the Asian financial hub, is set to replace chief executive Carrie Lam on July 1 with backing from Beijing

The alerts included messages such as "a war could break out", a train station in Taipei being set on fire and Taiwan's president declaring a state of emergency

Total revenue in the January-March quarter surged 32.1% from the same period last year to 501 trillion rupiah, while spending fell 6.2% to 490.6 trillion rupiah

The government in Indonesia, which is the globe's top palm oil producer, has faced pressure to control rising cooking oil prices

But falls were limited by China surprisingly keeping its benchmark lending rates steady for the third straight month at its April fixing

Thunes has taken a majority stake in the Tookitaki financial crime detection and prevention company for $20 million

Lee, formerly Hong Kong's security secretary, was one 11 officials hit with sanctions "for undermining Hong Kong’s autonomy and restricting freedom of expression"

Miner records 6.2% year-on-year decline in production to 71.7 Mt, warning of risks from rising inflation, war in Ukraine and China’s Covid-19 lockdowns