Non-essential petrol sales halted for two weeks in Sri Lanka
Sri Lanka has suspended sales of fuel for non-essential vehicles as it faces its worst economic crisis in decades. For the next two weeks only...
Asia
Sri Lanka defaults on debt for first time in its history
Sri Lanka has defaulted on its debt for the first time in its history as the country struggles with its worst financial crisis in more...
Sri Lanka central bank governor submits resignation amid crisis
The governor of Sri Lanka’s central bank says he has submitted his resignation as the country faces its worst economic crisis in decades. Ajith Nivard...
Curfew in Delhi as Covid cases surge
India is bracing for a third wave of coronavirus as its largest cities – the capital Delhi and financial hub Mumbai – see a surge...
Evergrande: Embattled China property giant sparks economy fears
Chinese company Evergrande has started to repay investors in its wealth management business with property, as the world’s most indebted real estate developer faces a...
China applies to join key Asia-Pacific trade pact
China has applied to join a key Asia-Pacific trade pact as it attempts to strengthen its position in the region. The move comes the day...
Wapi Pay secures Kshs. 237M to expand operations in Africa and Asia
Wapi Pay has raised $2.2 million (Kshs. 237.6 million) in pre-seed funding to scale up global payments and remittances between Africa and Asia. The firm...
Terror as train carriage submerged in China floods
As floodwater crashed through a busy subway station in China on Tuesday, desperate passengers tried to flee while others were swept helplessly off platforms. In...
WhatsApp goes to court over India privacy rules
WhatsApp is suing the Indian government over new digital rules that will force the messaging service to violate privacy protections. It said rules that require...
Chinese investment in Australia plummets 61%
Chinese investment in Australia plummeted 61% in 2020, the lowest number in six years. The drop in investment comes amid a growing diplomatic rift between...