Around 90 per cent of deforestation in the world is currently provoked by the expansion of agricultural land, according to a report from the European Union.

The EU has included sanctions on imports of both synthetic rubber and carbon blacks from Russia in its 10th package of sanctions in response to the Putin regime’s war on Ukraine.

Japan's factory output shrank at the fastest pace in eight months in January as declining overseas demand took a heavy toll on key industries such as auto and semiconductor equipment.

Income per capita in China grew by just 2.9 per cent in real terms over 2022, after increasing by 8.1 per cent a year earlier, returning to a growth rate similar to that of 2020 when China was battling COVID-19 and introducing sweeping lockdowns and other restrictions.

New orders for key U.S.-manufactured capital goods increased by the most in five months in January while shipments of those so-called core goods rebounded, suggesting that business spending on equipment picked up at the start of the first quarter.

Asian shares nudged higher on Tuesday, tracking small gains on Wall Street, while the U.S. dollar paused after a sharp rally as month-end flows lift sentiment and investors adjust to expectations of more interest rate hikes.