The G7 richest democracies proposed the Build Back Better World (B3W) initiative in June to help developing countries meet infrastructure needs, as they sought to counter China's growing influence

China boosted purchases for its oil reserves even as oil prices soared, despite US calls for a coordinated release of stocks to cool the market

SWIFT sanctions against Russia seen as an event that will curb use of the dollar. Shares of payment firms such as Newland Digital Tech, Lakala Payment and Client Service rose strongly

President of Huawei's Western Europe consumer business group William Tian said the products would appeal to people who increasingly work from home

The New York-listed firm said it had received preliminary approval from the Hong Kong Stock Exchange to trade its shares in the city - but not raise capital or issue new shares

The satellites will be mainly used for commercial remote sensing services, marine environment monitoring, forest fire prevention and disaster mitigation, the report said

Experts warn of wide-reaching implications for city’s ageing population, as the trend may result in shrinking enrolment at every level of education as well as the workforce

The Japanese market for the technology is forecast to expand to about 700 billion yen ($6 billion) in 2030, the report added, citing PwC Consulting

Russia's attack on Ukraine has forced Beijing into a diplomatic dance as it tries to avoid being seen to support the invasion while standing by a close partner

The ride-hailing giant says it will now continue to operate in Russia – after announcing it was leaving the country on Monday

Ailing China Evergrande will recoup around $310 million of initial capital contributed and can now settle around $1.1 billion of liabilities

Sweeping restrictions imposed on Russia to block its access to goods from chips to computers and electronics are likely to rev up China's push for self-reliance in semiconductors, analysts say