Online retailer Ozon Holdings said on Monday it was opening an office in Shenzhen in China to boost cross-border sales to Russian shoppers on its platform

Another 13 companies in China, Hong Kong and the UAE have been hit with US sanctions for helping to sell "hundreds of millions of dollars" of Iranian oil and oil products to buyers in East Asia

Chinese leader promises to help its troubled neighbour, but calls for progress on the bilateral economic corridor and Gwadar port

US Treasury has imposed sanctions on an Indian petrochemical firm and groups in the UAE and Hong Kong for secret deals that funded the shipping of Iranian oil products to South and East Asia

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

Apart from exploring a possible rupee-riyal trade mechanism, the nations also discussed trade diversification and expansion, removal of trade barriers, and marketing of Indian pharma products

This month US President President Joe Biden landed in the region, while India's Adani Ports and Israeli partner Gadot agreed to buy Haifa port for 4.1 billion shekels ($1.18 billion).

The US Treasury cracked down on Hong Kong-based Lustro Industry, saying it hid its role in purchases of petrochemical products for delivery to China, plus Triliance Petrochemical

Chinese companies implicated in a Russian-backed oil smuggling and money laundering network to buy Iranian oil will be subject to US sanctions.

e& says it seeks to gain "significant exposure to a world leader in connectivity and digital services", adds it has no intention of making an offer for the whole of Vodafone

The Ukraine war is stirring tensions in the Middle East, where two old US allies are questioning their ties because Joe Biden wants to resurrect a nuclear deal with Iran

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