Xi wants China and Russia to transact more deals in rubles and yuan to insulate the two against future Western sanctions

The effective prices refiners pay could exceed the $60 per-barrel cap that came into effect on Monday

There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions

The marine news publication Lloyd's List said an anonymous entity based in Dalian has bought several very large crude carriers to create the hub off the coast of Portugal

Official lending between 2000 and 2017 totalled more than $125 billion, the FT said, but no deals had been struck this year,

SPB Exchange in St Petersburg began trading in 12 securities whose primary listing is on the Hong Kong Stock Exchange and will provide access to bourse infrastructure

The two countries could enhance cooperation through mechanisms such as the Group of 20, an intergovernmental forum comprising 19 countries and the European Union

Dmitry Kolker, a doctor of physics and mathematics at Novosibirsk State University, was detained on charges of treason, TASS quoted judicial authorities as saying.

US Commerce Department adds 36 companies to heavily restricted Entity List, including five based in China, claiming they continue to support Russian military despite Ukraine war sanctions.

China is the second-largest contributor to Russia's import decline since it invaded Ukraine, says a report by the Peterson Institute for International Economics in Washington.

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

The deal sets out how the pipeline crosses the Ussuri river on the China-Russia border. Gazprom recently issued a five-year plan for large-scale work on Far East gasification