The decision came after Hong Kong banks raised their best lending rate by 12.5 basis points on Thursday

Stocks across the region were still retreating on Friday after the US Fed’s pessimistic rate hikes forecast rattled investors and unsettled currencies

Pakistan could also forgo loan repayments to invest in climate-change resilient infrastructure instead, the UNDP said

If an earthquakes strikes the cockroaches could be sent beneath the rubble to locate survivors, steered from above by a Bluetooth connection

Bearish bets on most Asian currencies rose to record highs, driven by a towering dollar and mounting pressure on the Chinese yuan, which has slipped to a 27-month low

The proposed legislation would impose penalties on countries that increase their imports of Russian oil, provoking tensions with India and China, The Economic Times said.

Developing Asian nations like Indonesia and the Philippines are forecast to grow 4.3% in 2022, compared to 3.3% in China, with expectations slashed after recent Covid lockdowns

Loan recipients of China, such as Sri Lanka, Egypt and Ghana, find themselves strapped for cash after suffering severe impacts from the Covid pandemic and global inflation.

China's purchases have climbed in order to reap the benefits of a plunge in European buying as sanctions push Moscow in search of alternative markets.

Details will include plans for the struggling island nation's multibillion-dollar International Monetary Fund bailout

Chinese surveillance technologies and tactics are being rolled out in more than 50 countries, including facial recognition CCTV and social media bans, The Straits Times said

"Our relations with these countries will be moved to a much different position with this step. Of course [membership], that's the target," Turkey president Tayyip Erdogan said.