Coronavirus

Global Pension Systems Ill-Prepared to Deal with Demographic Changes

Life expectancy has declined in many countries due to COVID-19 pandemic, but pensions systems across the world has remained ill-prepared…

3 years ago

Analysis: Macau casinos deal themselves a tough hand with big non-gaming investment pledges

As casinos in Macau begin new licenses to operate in the world’s biggest gambling hub on Jan. 1, the stakes…

3 years ago

UK labour market exodus drives jobless rate down to 3.5%

Britain reported a record jump in the number of people leaving the labour market in the three months to August,…

3 years ago

Bank of Canada expected to push interest rates into restrictive territory

The Bank of Canada is widely expected to deliver yet another oversized interest rate hike next week, lifting its policy…

3 years ago

Factbox: Economic sanctions China has imposed on Taiwan over Pelosi visit

China on Wednesday suspended exports of natural sand to Taiwan and halted imports of fruit and fish products from the…

3 years ago

GLOBAL ECONOMY Factories squeezed by higher prices, weak demand

Factories across Asia and Europe struggled for momentum in July as flagging global demand and China's strict COVID-19 restrictions slowed…

3 years ago

Bank data shows U.S. consumer financial health holds up amid rising inflation

Americans' financial health held up well in the second quarter even as inflation sent gas and grocery bills higher and…

3 years ago

COVID-19 vaccine scheme for world’s poorest pushes for delivery slowdown

Leaders of the global scheme aiming to get COVID-19 vaccines to the world's poorest are pushing manufacturers including Pfizer (PFE.N) and Moderna (MRNA.O) to…

3 years ago

Exclusive: OPEC sees global oil demand growth slowing in 2023, sources say

World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices…

3 years ago

China’s Didi faces rocky path to growth after winning U.S. delisting nod

Didi Global may have ensured its survival after winning shareholders' nod for a U.S. stock delisting but a quick return…

4 years ago