COVID-19
People leave New Zealand in record numbers as economy bites
Auckland, New Zealand. Scott E Barbour | The Image Bank | Getty Images People are leaving New Zealand in record numbers as unemployment rises, interest rates remain high and economic growth is anemic, government statistics show. Data released by Statistics New Zealand on Tuesday showed that 131,200 people departed New Zealand in the year ended […]
Read More
BOJ to weigh rate hike next week, detail plan to halve bond buying, Reuters reports
The flag of Japan flutters at the Bank of Japan headquarters in Tokyo on Dec. 19, 2023. Kazuhiro Nogi | AFP | Getty Images The Bank of Japan is likely to debate whether to raise interest rates when it meets next week and unveil a plan to roughly halve bond purchases in coming years, sources said, signaling its resolve to steadily unwind its massive monetary stimulus. […]
Read More
Biden won’t drop out, campaign insists in a new memo
U.S. President Joe Biden looks on at the 115th NAACP National Convention in Las Vegas, Nevada, U.S., July 16, 2024. Tom Brenner | Reuters President Joe Biden’s campaign insisted Friday that he will remain at the top of the Democratic ticket, insisting in a new memo that Biden still has the support of voters, even […]
Read More
Pfizer struggles to claw back faith with Wall Street and its employees as it recovers from the Covid decline
Kena Betancur | Corbis News | Getty Images Pfizer had a “phenomenal” first quarter — and Wall Street took notice, CEO Albert Bourla told thousands of employees during a companywide town hall on May 2, according to a recording heard by CNBC. A day earlier, the pharmaceutical giant’s stock had closed 6% higher after its […]
Read More
China’s worldwide students under force as economic uncertainty looms
As a rising range of overseas Chinese students run into financial troubles because of to the declining wealth of their people, lots of go on line to express their grief and search for assistance on how to cope with the scenario. Andersen Ross Pictures Inc | Digitalvision | Getty Photos When Xiao Zhang went to […]
Read More
China's overseas minister to pay a visit to Australia next 7 days as ties improve
China’s top rated diplomat, Foreign Minister Wang Yi, will stop by Australia subsequent week, Prime Minister Anthony Albanese reported on Thursday, a sign of a even more thaw in relations immediately after several years of tensions. Kevin Frayer | Getty Photos Information | Getty Illustrations or photos China’s top diplomat, Foreign Minister Wang Yi, will visit Australia next week, Prime Minister Anthony Albanese said on […]
Read More
Chinese airlines can boost U.S. flights to 50 for each week, U.S. claims
Chinese passenger airways will be permitted to improve their weekly round-journey U.S. flights to 50 commencing on March 31, up from the existing 35, the U.S. Transportation Section, or USDOT, claimed on Monday, returning the current market to about just one-third of pre-pandemic degrees. China Information Company | China News Service | Getty Photographs Chinese passenger airlines will […]
Read More