The bloc's combined economy is projected to expand 5.2% this year, the ADB said in a report, down slightly from 5.3% forecast in December

The recession is attributed to foreign exchange shortages caused by the clampdown on tourism during the Covid-19 pandemic

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

Chinese biophysicist He Jiankui, who created the world's first gene-edited children, has been freed after serving three years in prison

The lockdown was originally set to end on Tuesday in the city's western districts, but has now been extended until further notice

Chinese vaccine developer CanSino Biologics said on Monday its potential Covid-19 vaccine using mRNA technology has been approved by the medical products regulator to enter clinical trials

Multiple provinces such Jiangsu, Zhejiang and Beijing have sent healthcare workers to Shanghai, with some estimates putting the total number at more than 10,000

China agreed on Wednesday to a request by Pakistan to roll over a $4.2 billion debt that was due to be repaid this week

The Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) fell to 48.1 in March, indicating the steepest rate of contraction since February 2020

Spike in fuel and grain costs clouds the outlook for many Asian economies that are reliant on energy imports

Chukkrit Watcharasaksilp, chief of sales and marketing at Advice, said a shortage is likely in May to June if new lockdowns in China hobble producers

The part of China’s financial capital which is home to the German automaker’s plant begins a five-day Covid lockdown on Friday