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China's lockdowns due to Covid surge could threaten half of economy

Widespread lockdowns in China akin to the measures just taken in the southern technology hub of Shenzhen could affect half of the country's gross domestic product

Plastic nationalism: Can India really shelve Visa and Mastercard for RuPay

Ater card platforms suspended Russian clients' access to merchants overseas, the link between plastic and politics has acquired a more serious dimension.

Ukraine war marks decline of globalization; we'll miss it when it's gone

The war in Ukraine doesn't necessarily mark sharp a break in history. But it underlines and will perhaps cement the decline of globalisation

Tug-of-war between newbies & top 1% has Bitcoin range-bound

Bitcoin's been clinging to a range between $32,000 and $47,000, which is proving tricky to break out of

Cyberattack hits Toyota supplier Denso in potential disruption

Denso "promptly responded" to an unauthorised access to its networks in Germany on Thursday

As sanctions rise, Russian billionaires reshape fortunes while they can

But the truth is murkier - revealed in arcane corporate filings that can take days before becoming public

How Russia's invasion of Ukraine is tearing apart the global food system

Hungary, Indonesia and Argentina have imposed trade barriers on agricultural exports

Mumbai to go net-zero by 2050, two decades ahead of India's target

Without intervention, the effects of climate change could cost India $35 trillion over the next 50 years

China's top Covid fighter a woman who hit communist party's glass ceiling

Among the resources President Xi has deployed to arrest surging Covid deaths in Hong Kong is a 71-year-old woman whose career at the near-top illuminates the glass ceiling in the most populous country

Indonesia to India: How oil's surge is impacting Asia stock markets

The historic surge in oil is reshaping the outlook for Asian equity and currency markets, as the specter of prolonged high prices exposes the vulnerability of energy-dependent countries

WHO exploring when and how to declare end of Covid emergency

Researchers have warned that even if Covid cases fall to lower levels, the disease is still likely to cause thousands of deaths annually, not unlike other endemic illnesses such as malaria and TB

Tech meltdown: China's $1.9-trillion stock rout has no end in sight

Chinese tech shares are particularly vulnerable in an environment where investors are shunning risk

Certain positive developments in talks with Ukraine: Vladimir Putin

Russia had received more than 16,000 applications from people in West Asian countries to help fight in two separatist regions of eastern Ukraine

China shuts Shanghai schools, looks to divert flights as Covid returns

The Covid Zero strategy has helped keep the second-largest economy largely virus-free for much of the pandemic

Cairn Oil & Gas to spend $4 billion, aims 3 times production increase

As high prices make investments attractive, firm charts plan for next 3 years

Vedanta's Anil Agarwal bets $4 bn on oil hunt amid price surge

Cairn's plan stands out compared to producers around the world, most of whom are staying away from committing investments in oil and gas

Near-term outlook complicated, but bullish on equities: ICICI Pru's S Naren

Value opportunity in stocks is more and we think over the next 2-3 years, the opportunity will continue to exist, says S Naren, CIO, ICICI Prudential Asset Management Co

Covid deaths worldwide 18 million, three times official tally: Study

The pandemic's death toll may be three times higher than official Covid-19 records suggest, according to a study that found stark differences across countries and regions

Crypto brain drain is 'crazy' in India, says Polygon co-founder Nailwal

India's dithering on whether to embrace digital assets is causing thousands of developers, investors and entrepreneurs to leave for places with more friendly regulation, said Polygon co-founder

Bitcoin drops below $40,000 as Biden-inspired optimism fades

Most of the top cryptocurrencies were down at least slightly in the 24 hours to 4:15 p.m. Hong Kong time