Japan and the United States are the most prominent nations not represented in the bank.
International Brent crude oil futures were trading at $48.27 per barrel at 0052 GMT, down 10 cents, or 0.2 percent, from their previous close.
China and India, much as in oil and energy markets, will be the demand drivers to keep the polyethylene market balanced going forward.
Four of China's 'Big Five' state-owned banks have warned that profits will continue to be pressured in the second half of the year, as slowing growth in country's economy hits borrowers and saps lenders' margins.
The US rating agency warned of the possibility of a credit downgrade if the government fails to achieve meaningful medium-term fiscal consolidation and stabilisation of debt.
Despite hawkish comments from Fed Chair Janet Yellen and Vice Chair Stanley Fischer, markets still price in less than 50 percent chance of a rate rise in September.
"As oil approaches the upper end of the USD 40-50 range, we need confirmation that oil majors are heading towards an agreement to stabilise the market for oil prices to push higher." said Bernard Aw.
Japan's Nikkei went flat as the yen stopped falling following a sharp drop late last week.
International Brent crude oil futures were trading at $49.34 per barrel at 0125 GMT, up 8 cents from their previous close.
China's banking system faces systemic risk from significantly increased reliance by small and mid-tier lenders on interbank funding, Moody's warned.
South Korea: Exports have fallen since January 2015 amid stubbornly weak global demand and lower prices for oil and other global commodities.
"In our view, the future looks bright for the WTO and we remain ready to increase our engagement with India to find new common ground after years of impasse in the Doha round," Jeff Zients
Venezuela's oil minister and foreign minister would make announcements in the coming weeks, but did not provide details on concrete actions.
Once a dominant force in smartphones, BlackBerry now holds just a sliver of the global market.
Australian stocks fell 0.1 per cent, South Korea's Kospi shed 0.2 per cent and Japan's Nikkei nudged down 0.3 per cent.
Wall Street retreated, pulled lower by declines in the materials and healthcare sectors as investors continued to assess the possibility of an interest rate hike in the coming months.
Chinese firms are eyeing new Pakistan power projects, but investing in a large private company that deals directly with consumers would be a first, a senior Karachi-based financial adviser said.
Online retail as a percentage of total retail in China has grown steadily to 12.6 percent, and is forecast to reach 17 percent in 2018
Despite rebounding this year, oil still trades at less than half of mid-2014 levels, with the market still worried about a glut that spurred the biggest price rout in a generation.
The BOJ is ready to lead research and analysis to promote fintech in Japan given it has various implications for central banking, Kuroda said.
Oil prices eased in Asia following news that Iraq will boost crude exports, while the dollar strengthened on speculation the Federal Reserve could hike interest rates in 2016.
Singapore is the fourth most expensive city in the world, according to Mercer, a global consultancy.
Globally, silver fell 2.2 per cent to USD 19.26 an ounce in New York on Friday's trade. Gold fell 0.81 per cent to USD 1,341.10 an ounce.
Australian share market remained steady on Friday with the S&P/ASX 200 index up by 0.16%.
The Nikkei was flat at 16,481.29 in midmorning trade, cancelling out earlier gains as investors refrained from taking positions before the weekend.
'The outlook change reflects Moody's expectation of a more challenging operating environment for banks in Australia for the remainder of 2016 and beyond'
The rise in Yen is worrying for Japan as it curbs exports and increases deflationary pressure.
Net cash flows at AMP's Australian wealth management business were A$582 million in the first half, down from A$1.2 billion a year ago.
The last attempt to freeze oil output failed after Iran had refused to stop supply, saying it needed to regain market share lost during years of Western economic sanctions.
Hong Kong shares were roughly flat after retreating from nine-month highs, while other Asian stock markets saw modest gains, buoyed by a strong Wall Street performance overnight.
Triggered by selling of the US currency, which fell below 100.78 yen to its lowest since July 11.
The Nikkei dropped 0.2 percent to 16,837.98 in midmorning trade. Traders said that with many investors away for Japan's 'bon' holidays, activity will likely be subdued again.
The S&P 500's earnings recession that began in the third quarter of 2015 is on track to end in the fourth quarter.
Oil rose to five-week highs, driving the S&P 500 energy index up 0.6 percent, while other commodity-related shares also rose as the US dollar eased.
The 10-year yield touched a near two-week low on Friday following surprisingly weak data on July US retail sales.
The spillover strength, coupled with export hopes allowed the soybean market to shrug off expectations of a record large harvest this fall.