"It is turning into a Black Monday in Asia," Oanda wrote in a client note. "The R-word (is) now on everyone's lips" amid "a scramble to reassess Fed hiking expectations."

Officials at the US National Highway Traffic Safety Administration are expanding their probe into Tesla's automated driving feature, Fortune reports

Millions of people in Beijing face Covid testing and the threat of targeted lockdowns on Monday after an outbreak of nearly 200 cases linked to a 24-hour bar in the city centre.

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

China-Russia trade reached $65.81 billion in the first five months of this year, up 28.9% over 2021, according to customs data released by China on Thursday

Asian stocks were subdued mostly on Thursday as investors worried about a new Shanghai lockdown and possible rate hikes at an ECB meeting later today.

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.

With Beijing focusing on resource-rich states in South America, China widened the gap with the US last year in many countries - gobbling up soybeans, corn and copper

China's Didi Global is in talks to buy a third of Sinomach Zhijin Automobile, a small maker of electric vehicles, sources revealed on Wednesday

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

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