The finance ministry said on Friday it plans to cut value-added tax on fuel and the special consumption tax to keep inflation below 4% this year

"It's not that [investors] don't believe in China, just that they are reducing that exposure," Affinity Equity Partners founding chairman Tang Kok-Yew said.

Apple continues to cut its reliance on China and will move 5% of its iPhone 14 production to India this year and expand its capacity to produce a quarter of all iPhones there by 2025

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 bill authorises the president to form an oversight body to fine data handlers for breaching rules on distributing or gathering personal data

Malaysian bonds lured $1.25 billion as foreign inflows last month, the highest since December, while Indonesian bonds obtained about $600 million and Indian bonds also received $483m

China bought a record 8.54 million tonnes of Russian coal last month to help deal with extreme hot weather, plus 15.8 million tonnes of thermal coal from Indonesia.

Five million foreign tourists have arrived so far this year, expecting to rise to 10 million by the end of the year, finance minister Arkhom Termpittayapaisith said.

The world's largest exporter of coal wants to retire some coal plants early and nearly double the proportion of renewable power sources in its energy mix to 23% by 2025

Indonesia may join India and China in buying cheap Russian crude because of pressure of rising costs, President Joko Widow has said

Vietnamese EV maker set to take on legacy automakers and startups with its two all-electric SUVs, the VF8 and VF9

Sea's e-commerce platform Shopee plans to shut operations in Argentina, while scaling back in Mexico, Chile, and Colombia. Staff are also being laid off at its Garena gaming unit in Shanghai