The ink had barely dried on the hard-fought deal struck at last year's United Nations climate conference in Glasgow when Beijing's backslide on pledges began.

SWIFT will lose its credibility and influence and gradually decline in importance if it’s used as a sanctions tool, Xinhua says, while the digital yuan has a big future, another outlet said

Toyota Motor will shut its plants in Japan on Tuesday after Kojima, a major supplier of parts, was hit by a suspected cyberattack

Oil, grains rise; Palladium prices surge, gold climbs; Aluminium at record-high; Nickel up on Russian supply worries; Fears of food inflation as wheat, corn, edible oil prices rally

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.

China's Foreign Ministry on Monday voiced opposition to use of sanctions, but Japan and Korea backed the move to block some Russian banks from the SWIFT international payments system

Chinese payment-related stocks jumped on Monday as investors wagered that kicking banks out of the SWIFT system would benefit China's own cross-border payment system, CIPS

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

Russia has spent seven years building up formidable financial defences, yet in the long run its economy is unlikely to withstand the onslaught of coordinated sanctions from the West.

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

At least two more developments by China Evergrande Group have been taken over by state-owned enterprises (SOEs) in the past few weeks, corporate registry records show

Alibaba Group reported its slowest-ever increase in quarterly revenue since going public in 2014, as tepid growth in its core e-commerce business and intensifying competition ate into sales