IBT Staff Reporter

Asian bonds witnessed their biggest monthly foreign outflow in two years last month, weighed down by a strengthening dollar and higher interest rates overseas, and analysts expect such selling to continue in coming months.

Shares in Dubai Electricity and Water Authority (DEWA) surged about 20% on their market debut on Tuesday after its $6.1 billion initial public offering (IPO), the region's biggest since Saudi Aramco.

India hopes for Pakistan reset after Sharif election

Sri Lanka will temporarily suspend foreign debt payments to avoid a hard default, the central bank governor said on Tuesday, with its limited foreign reserves required for imports of essential items such as fuel.

Sri Lanka's central bank said on Tuesday it had become "challenging and impossible" to repay external debt, as it tries to use its dwindling foreign exchange reserves to import essentials like fuel.

Britons' earnings shrank by the most since 2013 in February when adjusted for surging inflation, despite unemployment falling to its joint lowest in almost 50 years, highlighting the challenges facing the Bank of England.

From Denmark to Portugal, Europe ups effort to quit Russian gas

Albania's former 'Stalin City' looks West with NATO airbase

Indonesia's parliament passed a long-awaited bill on Tuesday to tackle sexual violence, aimed at building stronger cases and helping victims to secure justice in a country where sexual abuse has often been regarded as a private matter.

A crypto platform's pledge to amass $10 billion worth of bitcoin to back its own "stablecoin" is firing up the market.

Singapore's economy likely expanded at a slower pace in the first quarter, but is expected to stay on its recovery path this year as border controls are relaxed further, giving the central bank room to tighten monetary policy to tackle inflation.

Russia closes in on Mariupol as part of eastern Ukraine offensive

Search for survivors in Philippine villages hit by landslides

Film industry guns for fresh start at Cannes

In new shake-up, French politics fragments into three blocs

Some Shanghai residents stepped out of their homes for the first time in more than two weeks on Tuesday as the city took tentative steps towards easing a COVID-19 lockdown amid mounting worries over the economic impact of the strict curbs.

Some Shanghai residents were able to leave their homes for the first time in more than two weeks on Tuesday as the city took tentative steps towards easing a COVID-19 lockdown amid mounting worries over the economic impact of the strict curbs.

'Silent pain' of Algerians banished by France to the Pacific

Syrians aid Ukrainians in ties forged by war

Pregnancy trap for workers in controversial Japan scheme

Philippine volunteers in door-to-door blitz for top Marcos Jr rival

Asian shares were down while the U.S. dollar held strong on Tuesday, as Treasury yields spiked to a three year high ahead of U.S.

Asian shares were mostly in negative territory while the U.S.

World stocks slipped to their lowest levels in almost a month, the dollar held firm and selling again gripped the world's biggest bond markets on Tuesday ahead of data expected to show annual U.S.

Ukraine pleaded for more weapons from the West to help it end the siege of Mariupol and fend off an expected Russian offensive in the east, as more reports emerged of rape and brutality against Ukrainian civilians by Russian forces.

Civilians were fleeing from areas of eastern Ukraine on Tuesday ahead of an anticipated Russian offensive, while Kyiv said it was checking reports that Russian forces had used chemical weapons in the besieged port city of Mariupol.

Russian President Vladimir Putin on Tuesday defended the war in Ukraine as a "noble" mission that would achieve its goals as his troops massed for a new offensive amid allegations of rape, brutality against civilians and possible use of chemical weapons.

Russian President Vladimir Putin, who had largely vanished from public view since his forces were driven from the approaches to Kyiv this month, resurfaced on Tuesday to defend his "noble" invasion of Ukraine, saying peace talks had come to a dead end.

Ukraine on Tuesday said it arrested the Kremlin's most prominent ally in the country as Russian President Vladimir Putin gave his strongest signal yet the war will grind on, warning peace talks were at a dead end.