economy

Equity and oil markets slump on Omicron panic

  by Roland JACKSON Agence France Presse Global equity and oil markets slumped Monday on investor panic over the impact…

South Korea to reimpose business curfews to battle Covid surge

SEOUL, South Korea (AFP) -- South Korea said Thursday it will reimpose coronavirus curfews on businesses and limit the size…

Half a million quarantined as China export hub faces outbreak

  BEIJING, China (AFP) -- China's economically important Zhejiang province wrestled on Tuesday with a Covid outbreak that has left…

Mexico registers highest inflation in 20 years

MEXICO CITY, Mexico (AFP) -- Mexico registered its highest annual inflation since 2001, at 7.37 percent in November, the Inegi…

Billionaires’ share of global wealth soars during pandemic

  by Ali BEKHTAOUI Agence France Presse PARIS, France (AFP) -- The share of global wealth of the world's richest…

NGO awards triple-A climate rating to just 14 firms

PARIS, France (AFP) - Only 14 companies are making top-grade efforts on the climate, the organisation that scores environmental efforts…

IMF sees China’s growth ‘slowing notably’

WASHINGTON, United States (AFP) -- China has an important part to play in the global economy as it recovers from…

Purity or power: India’s coal quandary

by Abhaya SRIVASTAVA Agence France-Presse SINGRAULI, India (AFP) - Thick grey dust hangs in the air and vast chasms are gouged…

Global markets rebound after Omicron turmoil

  by Roland JACKSON Agence France Presse LONDON, United Kingdom (AFP) -- Global stock markets rebounded Wednesday and oil prices…

Lockdowns sink Australian economy in third quarter

  by Andrew BEATTY Agence France Presse SYDNEY, Australia (AFP) -- Pandemic-induced lockdowns caused Australia's economy to shrink 1.9 percent…

Lockdowns cause Australian economy to shrink

SYDNEY, Australia (AFP) -- Lockdowns and border controls shrank Australia's economy by 1.9 percent in the third quarter, official statistics…

Asian markets hit by Moderna vaccine warning over Omicron

  HONG KONG, China (AFP) -- Asian equity and oil traders were sent running Tuesday after the head of Moderna…

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