The EU on Wednesday approved a fresh package of sanctions on Russia, clamping down on its "shadow" oil fleet, as Europe threatens further punishment if Moscow does not agree to a Ukraine truce.

Inside one of South Korea's oldest semiconductor research institutes, the cleanrooms and workshops are calm and immaculate, but outside the Seoul National University campus, a chip storm is brewing.

Japan's Sony on Wednesday reported a record annual net profit but issued a cautious forecast, saying it hopes to "manage the impact" of US trade tariffs on its business.