Evergrande domestic debt deal calms immediate contagion concern
SINGAPORE/SHANGHAI - China Evergrande agreed to settle interest payments on a domestic bond on Wednesday, while the Chinese central bank injected cash into the...
US FDA clears Pfizer COVID-19 booster for older and at-risk Americans
WASHINGTON - The U.S. Food and Drug Administration on Wednesday authorized a booster dose of the Pfizer Inc and BioNTech COVID-19 vaccine for those...
Climate, COVID-19 dominate UN as Biden and Xi up their promises
JOSEPH R. BIDEN and Xi Jinping boosted their efforts to help other nations address climate change as fears over the global environment and the COVID-19 (coronavirus disease 2019) pandemic dominated the first day of world leaders addressing the annual United Nations General Assembly.
Australia rocked by one of its biggest quakes on record
SYDNEY/MELBOURNE — A magnitude 6.0 earthquake struck near Melbourne on Wednesday, Geoscience Australia said, one of the country’s biggest quakes on record, causing damage to buildings in the country’s second-largest city and sending tremors throughout neighboring states.
Pandemic threatens Asia-Pacific’s progress on global development goals
MANILA — The coronavirus pandemic may have pushed as many as 80 million people in developing Asia into extreme poverty last year, threatening to derail progress on global goals to tackle poverty and hunger by 2030, the Asian Development Bank (ADB) said on Tuesday.
Social entrepreneurs fight to make gig work fairer, greener
DURBAN - When Londoner Rich Mason signed up as a bicycle food delivery rider in 2017, he found the long hours, poor pay and lack of communication from management "jaw-dropping" - so he started his own delivery app instead.
Evergrande wooed retail investors with Gucci bags, Dyson appliances
SHANGHAI - Lured by the promise of yields approaching 12%, gifts such as Dyson air purifiers and Gucci bags, and the guarantee of China's...
McDonald’s Happy Meal toys to go green globally by 2025
McDonald's Corp said on Tuesday it will drastically cut the use of plastic in the more than 1 billion children's toys it sells globally...
US to donate an additional 500 million COVID-19 vaccines
WASHINGTON - The United States plans to donate an additional 500 million COVID-19 vaccines made by Pfizer Inc and BioNTech SE to nations around...
Trudeau wins another minority in election, claims ‘clear mandate’
MONTREAL/OTTAWA — Canadian Prime Minister Justin Trudeau hung onto power on Monday as his main rival conceded defeat, saying he had won a clear mandate to govern although he fell short of his goal for a majority win.
COVID-19 toll in US surpasses 1918 pandemic deaths
THE US’s COVID-19 (coronavirus disease 2019) deaths have surpassed the toll of the 1918 influenza pandemic, a milestone many experts say was avoidable after the arrival of vaccines.
Malaysia, India top Asian forecasts for faster growth in 2022
Economic activity next year in Malaysia and India, two of the countries most affected by COVID-19 outbreaks in recent months, is expected to recover...