Singapore will resume building a fifth terminal at its Changi Airport after a two-year hiatus, the transport minister said on Tuesday, as regional and global air and passenger traffic recovers from the pandemic.

China's strict COVID-19 controls will hamper foreign investment into the country for years to come as limits on travel block the pipeline for projects, the President of the American Chamber of Commerce warned on Tuesday.

Tesla has stopped taking orders for its electric pickup truck Cybertruck outside of North America, according to its official website.

Asian shares edged higher on Tuesday despite data reinforcing investor fears the global economic recovery may be more fragile than expected, even as inflationary pressures remain high.

South Korea's SK Inc said on Tuesday it signed an agreement with TerraPower, a U.S. venture founded by billionaire Bill Gates, to tap opportunities in connection with small-sized nuclear power reactors, called small modular reactors.

Oil prices opened lower in early Asian trade on Tuesday after the European Union's efforts to enact a ban on Russian oil imports, a move that would tighten global supply, ran into resistance from member country Hungary.