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The Biden administration is considering releasing 1 million barrels of oil per day from the strategic petroleum reserve for about six months, a source told NBC News.

Hong Kong-listed shares of China Evergrande Group’s electric vehicle unit returned to trade on Wednesday.

The yen was in focus for investors, after the Bank of Japan’s offer Monday to buy unlimited amounts of 10-year JGBs at 0.25%

Profits at China’s industrial firms rose 5.0% for the January to February period as compared with a year earlier, according to data released Sunday.

Apple is reportedly planning a hardware subscription service for iPhones that could launch as soon as the end of this year.

Singapore on Thursday announced plans to ease Covid restrictions.

Japan’s Nikkei 225 rose 3% on Wednesday, closing at 28,040.16 as shares of SoftBank Group jumped 7.22% while Fast Retailing climbed 5.21%.

Hong Kong-listed shares of Alibaba soared after the firm announced an upsizing of its share repurchase program from $15 billion to $25 billion.

China’s one-year loan prime rate was kept unchanged at 3.7% on Monday, largely in line with expectations from a Reuters survey.

The Central Bank of Russia on Friday held its monetary policy steady and maintained its key interest rate at 20%.

Hong Kong’s Hang Seng index slipped 0.41% on Friday but still saw its first positive week in five following a big gains on Wednesday and Thursday.

Hong Kong’s Hang Seng index led gains among the region’s major markets, surging 7.04% to close at 21,501.23 and erasing heavy losses from earlier in the week.

It is thought Russia could attempt to deliver payment in rubles if a settlement in dollars is rejected.

China could provide a major buffer for the Russian economy. But whether that’s entirely in Beijing’s interest to do so is another matter.

Hong Kong’s Hang Seng index closed 9.08% higher on Wednesday but remains down more than 2% so far this week after seeing heavy losses on Monday and Tuesday.

Russia could be about to default on its foreign currency debts for the first time in decades, likely beginning a drawn out wrangling process.

Shares in China lagged among Asia-Pacific markets on Tuesday, with the release of much better than expected Chinese economic data offering little respite.

Russia is on the brink of defaulting on its debt, according to ratings agencies and international bodies, but economists do not yet see a global contagion effect.

Hong Kong’s Hang Seng index dropped 4.97% on the day to 19,531.66, leading losses among the region’s major markets as Chinese tech stocks took a beating.

The Nikkei 225 in Japan fell 2.05% on Friday, shedding some of its nearly 4% gain on Thursday, with shares of conglomerate SoftBank Group dropping 6.21%.