 
 
							The pace of contraction slowed compared with the previous month, however, signalling domestic demand was helped by easing pandemic curbs
 
 
							The recession is attributed to foreign exchange shortages caused by the clampdown on tourism during the Covid-19 pandemic
 
 
							CNBC asked analysts from Goldman Sachs and JPMorgan Asset Management which Southeast Asian markets were their top picks
 
 
							Some 41 Sri Lankan MPs walked out of the ruling coalition on Tuesday, leaving the Rajapaksa government in a minority in parliament as it struggles with the worst economic crisis in decades
 
 
							South Korea's consumer prices rose at their fastest pace in more than a decade in March as the Ukraine war fuelled surging energy and commodity costs
 
 
							Chinese EV maker Nio is in talks with several other carmakers about licensing battery swapping technology that is at the heart of the group's strategy to win over motorists in Europe
 
 
							Taiwan aims to forge closer ties with the US on electric vehicles, the metaverse and next-generation communication tech as Washington pushes to bring supply chains onshore, Nikkei says
 
 
							Huawei paid out dividends totalling 61.4 billion yuan ($9.65 billion) to current and retired workers in its employee shareholder scheme, a filing with the Shanghai Clearing House shows
 
 
							Emissions will have to be cut swiftly and deeply across economies to limit global warming to agreed temperature limits, they said in a new report by the Intergovernmental Panel on Climate Change
 
 
							Washington-based lender says it expects 2022 growth in developing East Asia and the Pacific, which includes China, to expand 5%, down from its 5.4% forecast in October
 
 
							As the cherry blossoms burst into bloom along Kyoto’s ancient, temple-lined alleys, Japanese tourists largely have the spectacular display to themselves
 
 
							Sri Lanka has imposed punishing power outages lasting half a day or more in recent weeks as it runs out of foreign currency to pay for fuel imports