UltraTech Cement is bringing in 157,000 tonnes of coal from Russian producer SUEK and paying for it with Chinese yuan
Just under 3% of 168 Japanese companies have exited Russia after its invasion of Ukraine, a Yale School of Management survey revealed
Investors across the region were encouraged by a Wall Street rally despite ongoing concerns about growth and inflation in a post-pandemic world
The report noted that the conflict in Ukraine and the supply-chain disruptions exacerbated by China's zero-Covid policy are dealing a serious blow to global recovery
Tech firms responded positively to the news the US is reviewing its tariffs on Chinese goods, while China’s easing Covid situation also helped
China’s markets were lifted by easing Covid curbs and new stimulus measures but global recession worries cast a shadow over Hong Kong and Tokyo
But confidence on trading floors still remains thin over soaring prices, tighter monetary policy, China's Covid lockdowns and war in Ukraine
Asia shares stumble with worries over growth in China’s Covid-affected economy continuing to weigh heavy on sentiment
Mainland China and Hong Kong shares advanced but Tokyo retreated with investors distracted by war in Europe and soaring global prices
President Biden said he was thinking about dropping some of Trump’s China tariffs, which boosted sentiment but Covid and inflation still cast a shadow
Tokyo and Hong Kong advanced but traders remain concerned about surging global prices, war in Europe and Covid in China
Bargain hunters were busy on Asia’s trading floors as fears of a global recession intensify with prices soaring worldwide and supply chains snarled