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An absence of women among China's top leadership is concerning, the United Nations said in a report, as it recommended China adopt statutory quotas and a gender parity system to quicken equal representation of women in government.

The Investment Corporation of Dubai, the government's main investment arm, reported on Wednesday a more than 250% surge in profit for 2022, extending a post-pandemic recovery.

Australian consumer prices rose by more than expected in April, driven by a jump in automotive fuel, suggesting sticky inflation would likely keep pressure on the central bank.

Turkish President Tayyip Erdogan is viewed as almost certain to include former economy chief Mehmet Simsek in his new cabinet, either as finance minister or as a vice president responsible for the economy, four senior officials said.

Markets participants have a month to stop using Libor, the tarnished interest rate banks were fined for trying to rig, Britain's Financial Conduct Authority (FCA) said on Wednesday.

The population of Saudi Arabia has reached 32.2 million, 42% of whom are foreign nationals with 63% of Saudis under age 30, the country's general authority for statistics said on Wednesday.

South Africa's rand retreated on Wednesday, hovering near a record low hit in the previous session, as weak manufacturing data for China hit commodity currencies and the dollar rose on weakening European inflation.

The bipartisan debt ceiling bill will become law, U.S. House of Representatives Speaker Kevin McCarthy said on Wednesday, hours ahead of a much-anticipated vote in the chamber on the measure, which if passed would then go to the Senate for a vote.

U.S. home prices will decline less than previously expected this year before stagnating in 2024, despite widespread expectations interest rates will remain higher for longer, according to property analysts polled by Reuters.

Nigeria has revised its tax-to-GDP ratio for 2021 to 10.86% from 6% following an adjustment to include revenues collected by other government agencies, the tax office chief said on Wednesday.