The move comes as China is set to unveil tougher rules for offshore capital raising by domestic companies, as regulators also want to subject investment banks to extra scrutiny.

Asian battery makers for electric vehicles are shielded from a big, immediate hit from surging nickel prices for now, thanks to long-term contracts and a diversified supply chain, companies said.

London Metal Exchange suspended trading of nickel on Tuesday after prices more than doubled to cross a record $100,000 per tonne.

A legal fight is raging to decide who gets the upper hand in one of the world's fastest-growing retail markets – India's Reliance or the US tech giant Amazon.com

Russia's invasion of Ukraine is ramping up the price of metals used in cars, from aluminium to palladium to the high-grade nickel in electric vehicle batteries

Tech firm DiBiz started the world's first online marketplace for "sustainable palm oil" on Tuesday to encourage sales of products certified as environmentally compliant

London nickel prices soared as much as 30.7% on Monday, the biggest daily percentage gain on record, as supply fears gripped markets amid an escalating Russia-Ukraine conflict

Microsoft India unveils a fourth data centre on Monday in a bet on the country's rising digital consumption. The public cloud services market is expected to reach $10.8 billion by 2025

Investors have shown growing interest in Thai, Malaysian and Indonesian stocks as economic prospects brighten in ASEAN nations, while other regions are hit by impacts of the Ukraine crisis

The Indian rupee fell to a historic low on Monday, after a sharp rise in global prices of crude oil stirred concern on inflation and possible interest rate hikes by the central bank

Chinese property companies outperformed the market on Monday after Premier Li Keqiang confirmed expectations that more easing in the sector is coming

Japan, which counts Russia as its fifth-biggest supplier of crude, is in discussion with the US and European countries about possibly banning Russian oil imports, Kyodo says