Oil giant BP says it will exit its Rosneft stake worth $25 billion. Meanwhile, leases on over half the 980 jets in Russia may be severed by foreign firms because of sanctions.

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

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

China is Russia's biggest trade partner for both exports and imports but has – so far, say White House officials – not come to Moscow’s rescue

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

Thousands of jobs are at risk after work stopped abruptly on multiple building sites in Australia this week, when South Africa's WBHO Group said it could no longer provide financial backing

The payments company's Australian stock leapt as much as 40%, the biggest gainer in a flat overall market

Companies move to reassure investors saying the scale of Chinese investments in the region is limited and dominated by state firms

The issue is complicated in a region with a mix of large economies, export powerhouses and emerging nations with different trade structures

Three-month aluminium on the London Metal Exchange jumped 3.3% to $3,402 a tonne by 1700 GMT after touching a record of $3,480

The Securities and Exchange Commission reportedly launched its probe after Kimbal Musk sold $108 million in Tesla stock last year