Russian invasion of Ukraine

Inflation to Force Interest Rate Rises in Asia, IMF Warns

IMF Asia-Pacific director Krishna Srinivasan said inflationary pressures are rising due to a global surge in food and fuel costs…

4 months ago

Russian Oil Imports Boost Profits at India’s Reliance Industries

Reliance emerged as one of the key buyers of discounted Russian crude after some Western buyers shunned it following Moscow's…

4 months ago

US Accuses China of Hoarding ‘Humanitarian’ Ukraine Grain

China's grain stocks at the end of the 2021/22 season were estimated by the International Grains Council to be 323.4…

4 months ago

Russia May Ban Some Foreign Share Purchases as Investors Eye China

SPB Exchange in St Petersburg began trading in 12 securities whose primary listing is on the Hong Kong Stock Exchange…

4 months ago

South Korea’s KAI Makes First Combat Jet Sale to NATO Member

The FA-50 fighter jets are part of a package that includes 180 K2 Black Panther tanks and howitzers from South…

4 months ago

ADB Slashes Growth Forecasts for China, Asia Economy

ADB cited China’s Covid-19 lockdowns as well as monetary tightening and Russia’s invasion of Ukraine as factors dragging down Asian…

4 months ago

US Expects Russian Oil Price Cap in Place This Year

The US confidence in a price cap follows positive reaction by China and India to the plan, which would limit…

4 months ago

Japan to Throw Weight Behind Mitsui, Mitsubishi on Sakhalin-2

Japan's aims is to send a clear signal of government backing for the project and bucks moves by West that…

4 months ago

Chinese Steel Could Be Tariff-Free as UK Fears Shortage

Britain's Trade Remedies Authority said plunging stocks from Russia, Belarus and Ukraine have created a crisis in the construction industry

5 months ago

US, IEA Ask Asia to Cut Reliance on China, Russia For Energy

The IEA and the US say the energy crisis stemming from curbs on Russia should be a warning for Indo-Pacific…

5 months ago

India’s HDFC Bank Aided Yuan Trade in Russian Coal

The controversial trade shows how Russia could continue to sell commodities abroad without settling in US dollars despite sanctions imposed…

5 months ago

India’s ONGC Doubts Russia Takeover of Sakhalin-1 Project

A senior Russian legislator said on Thursday that Moscow would take control of the Sakhalin-1 oil and gas project in…

5 months ago