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Ukraine war casts shadow over APEC summit

The APEC summit caps an intense fortnight of diplomacy in Asia, following the G20 and a gathering of Association of Southeast Asian Nations leaders in Phnom Penh last week.

Oil prices extend gains on China demand hopes

Oil prices rose nearly 1% on Monday, extending gains from the previous session as China eased some of its strict COVID-19 protocols, fuelling hopes of a recovery in economic activity and demand at the world's top crude importer.

Oil falls as China sticks to strict COVID policy

Oil prices fell more than 2% at the start of Asia trade on Monday after Chinese officials on the weekend reiterated their commitment to a strict COVID containment approach, dashing hopes of an oil demand rebound at the world's top crude importer.

Volkswagen says China recovery accelerating

Auto giant Volkswagen said Friday its recovery in China was accelerating, but sounded a note of caution on geopolitical risks as concerns grow over German dependence on the Asian giant.