Bloomberg The first fatality after weeks of protests in Sri Lanka over food and fuel shortages intensified calls for President Gotabaya Rajapaksa to resign, with a key opposition leader saying Rajapaksa was “responsible for every death.” Officers fired live rounds in the central Rambukkana area after tear gas failed to dispel a group of protesters who had blocked a ...

Bloomberg Indonesia’s central bank kept its benchmark interest rate unchanged to support the economy’s recovery, while downgrading its growth outlook and saying it will keep a watch on price pressures fuelled by the Russia-Ukraine conflict. Bank Indonesia held the seven-day reverse repurchase rate at a record low 3.5% as expected by all 29 economists in a Bloomberg survey. The key ...

  Bloomberg Chinese banks maintained their lending rates for a third month, with the central bank’s cautious easing measures and a weaker yuan reducing the scope for further reductions in borrowing costs. The one-year loan prime rate was held steady at 3.7%, the People’s Bank of China (PBOC) said on Wednesday. A slight majority of 9 of the 16 economists ...