15 hours ago
The rising cost of living is impacting globally but differently, and it is clearly evident that expenses and bills continue to rise steeply.
Shanghai further eased its gruelling, weeks-long Covid-19 lockdown on Wednesday despite a mounting official death toll and tens of thousands of daily cases.
Several electronics companies, including iPhone and Macbook makers, have halted production in the Chinese cities of Shanghai and Kunshan, adding to supply chain woes under Beijing's strict zero-Covid measures.
Shanghai eased restrictions on some neighbourhoods Monday after mounting outcry over inflexible Covid-19 rules that have locked down 25 million people, caused food shortages and left thousands in quarantine.
Shanghai on Saturday recorded a sharp rise in Covid-19 cases, but a member of the city's pandemic task force said officials were determined to avoid a full lockdown over the damage it would do to the economy.
A Chinese city of nine million was ordered into lockdown on Friday and Shanghai shut its schools as authorities scrambled to halt a Covid-19 outbreak that has pushed nationwide cases to their highest levels in two years.
China Mobile shares ended with slight gains on Wednesday in their debut on the Shanghai stock exchange after the telecoms giant was delisted in New York as tensions soared between Beijing and Washington.
26 Nov 2021
Hundreds of flights were cancelled, some schools shut and tour groups suspended on Friday after three coronavirus cases were reported in Shanghai, as China continues its strict zero-Covid policy.
8 Mar 2020
Last week, the Chinese government stepped measures to prevent the highly contagious Corona Virus Disease 2019 (COVID-19) being imported into the country. Multiple cities, including Beijing, Shanghai, and Guangdong
27 Jan 2020
China said on Monday that the death toll from a deadly viral outbreak spiked to 80 as the hard-hit epicentre province of Hubei suffered 24 new fatalities, while total confirmed...
16 May 2019
Seven people were killed on Thursday when the roof of a Shanghai commercial building caved in upon construction workers who were renovating it, the city government said.
16 Nov 2018
The pound rebounded against the dollar Friday, a day after a severe shellacking, as some investors were willing to bet on Prime Minister Theresa May getting a controversial Brexit draft deal through parliament, dealers said. Even as dark clouds continued to gather over the prime minister's political future, many felt she might just get enough…