Moody's Investors Service said that Russia may be in default after it made payments on dollar bonds with roubles.

BEIJING (Reuters) -China's new home prices stalled for a second straight month in March, official data showed on Friday, as growing COVID-19 lockdowns dampened consumer confidence and weighed on demand.

SHANGHAI (Reuters) -Automakers in China may have to suspend production in May if suppliers in Shanghai and surrounding areas are not able to resume work, He Xiaopeng, the chief executive officer of Chinese electric-car maker Xpeng, said on Thursday.

SHANGHAI (Reuters) -China's central bank kept borrowing costs of its medium-term policy loan unchanged for the third straight month as expected on Friday, despite Beijing calling for more monetary stimulus to cushion an economic slowdown.

BEIJING (Reuters) -Growth in new home prices in China was flat again in March versus the previous month, government data showed on Friday, pointing to fragile demand as growing COVID-19 lockdown measures dampened consumer confidence.

TOKYO (Reuters) -Japanese Prime Minister Fumio Kishida said the central bank's monetary policy is aimed at achieving its 2% inflation target, not at manipulating currency rates, brushing aside the view the country must end an ultra-low interest rate policy to stem sharp yen declines.