Russia is looking to China, India, Iran and Turkey to plug the gap created by an exodus of western retail companies after it declared war on Ukraine, an industry body has said

Sanctions may not hit payments in euros because GAIL's contract is with a Singapore unit of Gazprom and the EU has stopped short of placing curbs on energy imports

Profits rose 5.0% from a year earlier, up from a 4.2% gain in December, the National Bureau of Statistics said

Firms in South Korea face the risk of delayed payments from Russian owners, as Seoul has supported sanctions that ban major Russian banks from the Swift International payments network

Numbers compiled by the Institute of International Finance show a dramatic shift in flows, mostly out of Chinese stocks. Investors are pulling out amid concern over Ukraine

In a note to shareholders, Fink said the war will push countries to reassess currency dependencies, and that BlackRock is studying digital currencies and stablecoins as client interest soars

Siding with political ally Russia would make little economic sense for China, according to analysts, as the US and EU consume more than a third of China's exports

The Financial Stability Board is closely scrutinising the use of cryptoassets during the war in Ukraine after concerns they could be used to evade Western sanctions on Russia

Taiwan's export orders leapt 21.1% from a year earlier to $51.56 billion last month on sustained technology demand

Comments reinforce expectations that Japan will remain an outlier in the global shift towards tighter monetary policy

Lawyers in Hong Kong, Singapore, India and elsewhere in Asia are warning clients about the potential risks of continuing to do business with Russia

'China is not a party directly involved in the crisis and it doesn't want to be affected by sanctions even more,' its foreign minister said