ADB cited China’s Covid-19 lockdowns as well as monetary tightening and Russia’s invasion of Ukraine as factors dragging down Asian gross domestic product growth
The US confidence in a price cap follows positive reaction by China and India to the plan, which would limit Moscow’s revenues over its aggression in Ukraine
Japan's aims is to send a clear signal of government backing for the project and bucks moves by West that has prohibited firms from making new investments in Russia
Britain's Trade Remedies Authority said plunging stocks from Russia, Belarus and Ukraine have created a crisis in the construction industry
The IEA and the US say the energy crisis stemming from curbs on Russia should be a warning for Indo-Pacific nations to focus on shifting away from fossil fuels and China's solar tech suppliers
The controversial trade shows how Russia could continue to sell commodities abroad without settling in US dollars despite sanctions imposed over its invasion of Ukraine
A senior Russian legislator said on Thursday that Moscow would take control of the Sakhalin-1 oil and gas project in which ExxonMobil and Japan's SODECO are also partners
A "new paradigm" was at play, said DoubleLine's Bill Campbell, such as tensions around Taiwan and in the South China Sea as potential flashpoints with the West.
The two countries could enhance cooperation through mechanisms such as the Group of 20, an intergovernmental forum comprising 19 countries and the European Union
The official said that recent measures taken against five Chinese companies for helping Russia's military were aimed at the individual entities
The company, majority owned by an arm of Shenzhen's municipal government, has signed a deal with a Uzbekistan company to export its phones to Russia
China's Embassy in Washington said it has not provided assistance to either party in the war, and it opposed the addition of five Chinese firms to the US trade blacklist