China's GNI jumped 20% in nominal terms to $12,438 per capita against the World Bank's threshold of $12,695 for a high-income nation

If global warming exceeds 1.5 degrees Celsius above pre-industrial times, the impact of climate change could become more severe, the report said

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

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.

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