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Sri Lanka in talks with China for $2.5 bn credit support: Chinese official

Chinese ambassador to Sri Lanka Qi Zhenhong told reporters the two sides were also discussing a separate loan of up to $1 billion which the Sri Lankan government had requested

Chinese Boeing crashes with 132 people on board, no sign of survivors

The Boeing 737 aircraft of China Eastern Airlines, which flew from Kunming to Guangzhou, crashed in Tengxian County in the city of Wuzhou, causing a mountain fire

Dollar dips, yen near six-year lows as Russia-Ukraine crisis intensifies

The dollar index, which measures the greenback against six peers, dipped 0.1% to 98.222

Gold prices rise as Ukraine crisis escalates, hawkish Fed caps gains

Spot gold rose 0.3% to $1,927.22 per ounce by 0528 GMT. U.S. gold futures were down 0.1% to $1,927.30

Indian rupee, bonds retreat as oil prices rise above $110

Oil prices jumped more than $3 on the day, pushing global benchmark Brent to above $111 a barrel as European Union nations considered joining the United States in a Russian oil embargo

Global stocks ease as Ukraine fighting rages on, oil prices climb

Most share markets rallied last week in anticipation of an eventual peace deal on Ukraine, but it could take actual progress to justify further gains

India's bulk diesel buyers rush to cheaper retail outlets after price hike

The surge in diesel sales is putting pressure on India's logistics and supply infrastructure, according to Reliance

AstraZeneca Covid drug neutralises Omicron sub-variants in lab study

Evusheld was tested against the BA.1, BA.1.1, and BA.2 sub-variants of Omicron and it was also shown in the study to limit inflammation in the lungs - a critical symptom in severe Covid-19 infections

Govt considers widening Covid booster shots to all adults in India: Report

Only frontline workers and those older than 60 are now allowed to take booster doses in the country.

Oil climbs on pressure from Ukraine conflict, tight market

Brent crude futures climbed $1.96, or 1.8%, to $109.89 a barrel at 0039 GMT, adding to a 1.2% rise last Friday

Foxconn 'basically' resumes normal operations in China's Shenzhen

This is happening 'under the premise of abiding by epidemic prevention policies and strictly implementing epidemic prevention and control', it added

European Union to mull Russian oil embargo with Biden set to join talks

EU governments will take up the discussion among foreign ministers on Monday, before Biden arrives in Brussels on Thursday for summits with NATO's 30 allies

European Union to mull Russian oil embargo with Biden set to join talks

EU governments will take up the discussion among foreign ministers on Monday, before Biden arrives in Brussels on Thursday for summits with NATO's 30 allies

Hong Kong to ease strict Covid measures from April, lifts flight ban

Hong Kong's border has been shut since 2020 with very few flights able to land, effectively isolating a city that had built a reputation as a global financial hub

Australia to make Big Tech hand over data on misinformation

The Australian Communications and Media Authority (ACMA) will also be able to enforce an internet industry code on uncooperative platforms, the federal government said on Monday

Gold little changed as focus remains on Ukraine crisis, Fed

Preventing the metal from gaining further, two of the Fed's most hawkish policymakers said on Friday the central bank needs to take more aggressive steps to combat inflation

Sri Lanka crisis worsens: Petrol price skyrockets, 2 die in queue

Suspends operations at its only fuel refinery after crude oil stocks run out

IMF asked Pak to show how it would fund $1.5 bn subsidy package: Minister

The International Money Fund (IMF) has asked Pakistan to explain how it would fund a $1.5 billion subsidy package announced by Prime Minister Imran Khan, Finance Minister Shaukat Tarin said on Sunday

Japan's Suzuki to invest $1.4 billion for EVs, batteries at India factory

Suzuki Motor plans to invest 104.4 billion rupees ($1.37 billion) in its India factory to produce EVs and batteries, Maruti Suzuki India, majority-owned by the Japanese carmaker, said on Sunday.

Russia strikes Ukraine with cruise missiles from Black Sea and Caspian Sea

Russia struck Ukraine with cruise missiles from ships in the Black Sea and Caspian Sea, and launched hypersonic missiles from Crimean airspace, the Russian defence ministry said on Sunday