The result meant that defending champions Pakistan joined Bangladesh in being knocked out of the tournament after losing their opening two matches against New Zealand and India.
New Zealand thrashed Bangladesh by eight wickets in the first ODI on Saturday.
Smarting from their nine-wicket thrashing by New Zealand in the tournament opener, England amassed 364-9 after their top order fired with Malan forging century-plus partnerships with Jonny Bairstow (52) and Joe Root (82).
Indian pace spearhead Jasprit Bumrah disclosed that he experimented with an assortment of deliveries until he found the one that yielded result on the second day of the first Test against Bangladesh, as the lack of grip on the wicket rendered his stock balls ineffective.
India spared Bangladesh the ignominy of a follow-on but grabbed an overall lead of 308 with seven wickets in hands to seize control of the opening Test in Chennai on Friday.
India A put on a dominant performance as they raced to 91 for one after Bangladesh declared their innings at 224 for eight on the first day of their two-day warm-up match in Hyderabad on Sunday.
Soumya scored 169 off 151 balls at a strike rate of 111.92, to go past Tendulkar for the highest runs in ODIs by a player from the sub-continent in New Zealand.
Sri Lanka and Bangladesh will be eager to shake off modest ODI form and spate of injuries to key players as they seek to start their Asia Cup campaign on a winning note when they face each other in Pallekele on Thursday.
The Mahmudullah-led Bangladesh defeated India in the series opener last week
Pace sensation Mustafizur Rahaman will not be a part of the Bangladesh squad for the one-off Test against India in Hyderabad from February 9-13 as he has not had enough game time post his surgery.
Bangladesh defeated Ireland by seven wickets in their one-off Test on Friday, comfortably chasing down the 138 runs needed for victory on the fourth day in Mirpur.
Mominul Haque was batting on 40 with Mushfiqur Rahim on six at the other end when bad light forced players off the pitch and rain followed soon after.
Pat Cummins and Co. stormed into the semi-finals on the back of one of the greatest ODI innings played by Glenn Maxwell. The all-rounder battled cramps to smash an unbeaten 201 off 128 balls to lift Australia from a precarious 91 for seven to the victory target of 292 against Afghanistan.
Litton Das will captain Bangladesh in the upcoming three-match ODI series against India which starts on Sunday after regular captain Tamim lqbal was ruled out with injury.
Babar Azam scripted history on Wednesday by achieving a milestone by becoming the first captain to score 150 in the Asia Cup tournament.
Chance for Bangladesh, Afghanistan to produce that one breakout performance
On a frenetic day four, Rohit Sharma's men quickly bowled out Bangladesh and then unleashed batting mayhem at the Green Park Stadium scoring at a rate unprecedented in Test cricket.
Bangladesh captain Mushfiqur Rahim faces a race against time to be fit for the one-off Test against India next month after the wicketkeeper-batsman was advised a week's rest to recover from a finger injury.
Factbox on Saturday's World Cup match between Australia and Bangladesh.
New Zealand had to play out of their skin but a top order meltdown has left them on the brink of defeat
'He is still learning his craft. But he is learning quickly and will be a real handful in years to come.'
Shakib Al Hasan is set for his last appearance in Test cricket in front of the home crowd as the venerable all-rounder was named in Bangladesh's squad for the first match against South Africa, starting in Dhaka on Monday.
Bangladesh's T20 skipper Mahmudullah Riyad said Shakib Al Hasan's absence from the India tour will act more as a motivation than handicap.
The middle-order failed to put up a fight, and soon the hosts gained complete advantage by reducing West Indies to 93/5 in the 26th over.
India captain Virat Kohli embellished the pink-ball Test with a sparkling century and his quick bowlers reduced Bangladesh to 152-6 as the hosts closed on a 2-0 series sweep on day two of the second and final Test.
Bangladesh captain Mushfiqur Rahim may not keep wickets in the one-off Test against India, starting next week.
Although India are playing a strong brand of 50-overs' cricket of late, they have some selection riddles to solve before they face Bangladesh in their opening match of the Champions Trophy.
New Zealand will firmly bank on their potent batting line-up to ward off Bangladesh's capable spin attack on a slow Chepauk pitch on Friday.
A persistent back injury dashed the opener's hopes of playing in the World Cup.
BCCI president Sourav Ganguly confirmed the match will go on as planned in the national capital.
Sri Lanka's seamers shared eight wickets to vindicate captain Angelo Mathews's decision to bowl after winning the toss as Bangladesh were shot out for 232 on the opening day of the first Test in Dhaka on Monday. In reply, the tourists were 60 for no loss when stumps were drawn, with Dimuth Karunaratne unbeaten on 28 and Kaushal Silva on 30.
Head coach Jason Gillispie said Shaheen Afridi understands the "situation" and the break will give him quality time with his family.
Mushfiqur Rahim rescued Bangladesh on the first day of the second and final Test against South Africa on Wednesday.
IMAGES from the Asia Cup match between Sri Lanka and Bangladesh played in Pallekele on Thursday.
Dhoni holds the record of winning most matches in all 3 formats -- the first Indian and also the first among current captains from all sides.
Images from the ICC Men's ODI World Cup match between India and Bangladesh at the Maharashtra Cricket Association Stadium in Pune on Thursday, October 19.
Bangladesh captain Mushfiqur Rahim has said that his team is keen to give a good account of itself and tell "world cricket what we can do" in the one-off Test match against India, to be held in Hyderabad next week.
Umesh Yadav and Ravichandran Ashwin picked four wickets each to put India in control as Bangladesh were bowled out for 227 in their first innings, on Day 1 of the second and final Test.
Virat Kohli was named in the Asia XI squad to take on a Faf du Plessis-led World XI in next month's Bangabandhu 100-year celebration three-match T20 International series in Dhaka.
Mehrab Hossain and Mushfiqur Rahim shared a record fifth-wicket stand for Bangladesh who reached 183 runs for four at the close on the opening day of the first Test against New Zealand on Friday. Mehrab (79) and Rahim (59) produced an unbroken stand of 139, surpassing the previous best fifth-wicket partnership of 126 made against Sri Lanka in 2001 in Colombo.