Africa may need an almost tenfold increase in climate adaptation funding to $100 billion a year if it’s to buttress its infrastructure, improve weather early warning systems and shield its agriculture from climate change, the Global Center on Adaptation said.
Japan’s households cut back spending in July as persistent inflation continued to erode purchasing power, adding pressure on the government to ramp up aid when it unveils a fresh batch of economic measures in coming weeks.
New Zealand Finance Minister Grant Robertson has defended the central bank’s dual mandate as “normal” and not something that’s caused inflation or interest rates to be unnecessarily high.
Investment grade bonds from select emerging market sovereigns are solid defensive bets if the US slips into recession and China’s economy worsens, according to Vanguard Asset Services.
Alan Joyce is stepping down early as head of Qantas Airways Ltd., an ignominious exit for one of aviation’s highest-profile leaders after claims the airline sold tickets for thousands of flights it had already canceled.
South Korea’s inflation outstripped forecasts in August partly on the back of higher energy costs, reinforcing the case for the central bank to keep the door open to further policy tightening to rein in prices.
Elon Musk is blaming the Anti-Defamation League (ADL) for a slump in US advertising revenue on X Corp., the social media platform formerly known as Twitter.
Asian workers are coming back, European nations are adopting new policies and US employers are fending for themselves.
On buses and auto-rickshaws, sidewalks and bridges, billboards and market walls: It’s hard to go long in New Delhi these days without seeing the face of Indian Prime Minister Narendra Modi.
With China increasingly isolated and the US and its allies seeking a developing-market champion, India is having a moment. But is it ready?
