China and India have been stocking up on Russian oil, but their actions have undermined efforts by the US and Europe to impose sanctions that limit funds to the Kremlin while it wages war in Ukraine

Bank for International Settlements advised that interest rates should be raised "quickly and decisively" to prevent the surge in global inflation turning into a bigger crisis.

China has agreed with the Bank of International Settlements to set up a liquidity arrangement for renminbi/yuan to support to other central banks at times of market fluctuation.

Britain, the United States, Japan and Canada announced a ban on imports of Russian gold, sales of which totalled $15bn last year, at the start of the G7 three-day summit on Sunday

NATO is expected to "harden its stance towards China over its position on Russia's war in Ukraine", a report by the South China Morning Post says

Copper is heading for its steepest weekly drop since March 2020, while tin is on track for a weekly percentage fall of nearly 22%, its biggest on record

Moody's placed its ratings on review for further downgrades, saying Thursday's move "reflects Coinbase’s substantially weaker revenue and cashflow generation"

A poll of analysts earlier this month found there is a 40% chance of a US recession over the next two years, with a 25% chance of that happening in the coming year.

Putin said Russia was discussing increasing the presence of Chinese cars on the Russian market as well as the opening of Indian supermarket Chains.

Leaders from Australia, Japan, South Korea and New Zealand will join NATO as a warning to Beijing that the war in Ukraine has not detracted from Western nations' focus on China

The Bank for International Settlements said recent turmoil in the cryptocurrency universe is a reminder of crypto's financial vulnerabilities and "deeper structural inadequacies".

China is concerned about Elon Musk's ties to the US military and the role his satellites could play in a war in Asia, which means Tesla's access to the Chinese market could be at risk