IMF says it is "very concerned" over crisis as the heavily indebted country has little money left to pay for imports such as fuel, food and, increasingly, medicines

Tokyo joined the US and European Union nations, which announced sweeping sanctions such as bans on importing coal and freezing the assets of banks and individuals

The Australian agribusiness company has benefitted from supply constraints due to the Ukraine war, while its shares have risen to a record high

Bernard Zonneveld, a former investment banker, called for an impartial investigation and “severe” punishment for perpetrators responsible for the massacre in Bucha

Frank Jotzo at Australian National University said Beijing was falling short when it comes to meeting global goals aimed at curbing temperature rises

The company will use the International Finance Corporation loan to build modern warehouses and processing facilities in northern Nigeria

Ukraine conflict has knocked 2.8% off world trade over last two months. And the Kiel Trade Indicator says China trade faces 'stagnation', due to the Covid lockdown in Shanghai

Supplies of milk worldwide have tightened after a combination of dry weather in New Zealand, rains in Australia and war in Ukraine pushed up feed costs

The state-run utility, which produces over a quarter of India's power output, will import 16 million tonnes to blend with domestic coal during the year ending March 2023

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

Saudi Arabia, UAE and Qatar—key members of the Organization of the Petroleum Exporting Countries—have remained hesitant to increase oil and gas exports