World economy

Chinese Premier Li Keqiang said in his work report that China will “resolutely guard against and deter external forces’ interference” in Hong Kong’s affairs.

Moscow rejected new sanctions imposed on it by the U.S. late Tuesday, describing the restrictions led by President Joe Biden’s administration as “hostile.”

As the EU continues to struggle with the lethargic rollout of coronavirus vaccines across the 27 member bloc, Russia’s Covid shot is proving alluring to some.

Media outlets reported that Beijing could be considering changes to Hong Kong’s electoral system to limit pro-democracy politicians from running in elections.

After two consecutive quarters of contraction, India’s gross domestic product (GDP) grew a modest 0.4% in the October-December quarter from last year.

U.K. health officials are anxious to trace one of six individuals infected with a more contagious variant of the coronavirus, initially identified in Brazil.

Hong Kong’s Financial Secretary Paul Chan said on Wednesday that the government will raise the stamp duty paid on listed stock trades from 0.1% to 0.13%.

The Saudi crown prince’s actions in the killing of Khashoggi might have left the kingdom’s sovereign wealth fund vulnerable to consequences.

It was tipped as the most crucial budget statement in the history of a democratic South Africa.

China would surpass the U.S. as the world’s largest economy around 2027-2028, said an economist from the Bank of America.

More than three quarters of people in the U.K. now say they are “very likely” to have a coronavirus vaccine, a survey by the University of Oxford has found.

Financial Secretary Paul Chan said the spending is expected to contribute to a budget deficit of 101.6 billion Hong Kong dollars ($13.1 billion).

Climate change represents a “grave threat” to global peace and security, the U.K. will say when it chairs a special session of the UN Security Council on Tuesday.

Taiwan’s economy grew 3.11% in 2020 compared to a year ago — outpacing China’s 2.3% expansion during the same period.

South African Finance Minister Tito Mboweni will deliver the country’s 2021 budget on Thursday, facing fiscal pressures in the wake of the coronavirus pandemic.

Scholars are backing an idea that pushes social and ecological wellbeing over a system that pursues relentless economic growth.

Dubai’s real estate market has made a “hard landing” but lower prices may be a good time for investors looking to buy, said Hussain Sajwani, Damac chairman.

The U.K. is to be the first country in the world to run a Covid-19 “human challenge” study, following approval from the country’s clinical trials ethics body.

After Zambia’s default in November, analysts are questioning whether nations heavily dependent on Chinese loan financing would be susceptible to debt distress.

Finance Minister Heng Swee Keat said the funds will be used to support Covid vaccination efforts and economic segments hit hard in the pandemic.