India implements sweeping labour reforms despite union opposition
Four new labour codes come into force as India seeks to attract investment and strengthen manufacturing.
![Labourers work at the Mahatma Gandhi Ashram redevelopment site in Ahmedabad on November 20, 2025. [File: Shammi Mehra/AFP]](/wp-content/uploads/2025/11/000_84LJ8EP-1763745023.jpg?resize=770%2C513&quality=80)
![Rescue workers look for survivors after at an explosion and a fire at a pharmaceutical factory in an industrial area in Sangareddy, some 50 kilometers from Hyderabad, India, Monday, [File: June 30, 2025/AP]](/wp-content/uploads/2025/07/AP25181423639027-1751354156.jpg?resize=770%2C513&quality=80)
![Workers stand beside an Electric Multiple Unit high-speed train for a rail link project part of China's Belt and Road Initiative, at Tegalluar train depot in Bandung, West Java province, Indonesia [File: Yuddy Cahya Budiman/Reuters]](/wp-content/uploads/2023/08/2022-10-13T064713Z_359954455_RC250X95CIL1_RTRMADP_3_INDONESIA-RAILWAY-CHINA-1693361098.jpg?resize=770%2C513&quality=80)
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Amazon faces Indian court scrutiny for labour conditions at warehouse
Workers detail stories of an unsafe work environment and unreasonable targets at a major warehouse.
Is the US economy in a recession and taking the world with it?
The US is facing rising recession fears even as economic indicators point to mixed signals.
China’s yuan sinks to record low against the dollar
Chinese currency’s slide comes despite central bank taking steps to prop up its value.
Zimbabwe unfreezes bank lending only days after policy change
Zimbabwe, which experienced 500 billion % hyperinflation in 2008, is experiencing another episode of high inflation.
After Biden-Xi summit, what next for US-China trade war?
Reductions in tariffs possible down the line, but no return to pre-Trump status quo, analysts say.
![United States President Joe Biden and Chinese President Xi Jinping made little headway on resolving economic tensions at a recent virtual summit [File: Alex Brandon-Eraldo Peres/AP]](/wp-content/uploads/2021/11/AP21316601809772.jpg?resize=770%2C513&quality=80)
Trump’s new social media backer tied to China lifestyle venture
New Trump platform ‘Truth Social’ backed by venture capitalist who runs a SPAC based in Wuhan, China.
![Former President Donald Trump visited Beijing in November 2017 before US-China relations soured [File: Thomas Peter/Reuters]](/wp-content/uploads/2021/10/2017-11-09-TRUMP-ASIA-CHINA.jpg?resize=770%2C513&quality=80)
Russia’s central bank delivers surprise interest rate cut
The decision to hikes rates from 4.5% to 5% comes amid a weak rouble, high inflation and flaring geopolitical tensions.
![Russia's central bank raised the rate for the second time this year as inflation, its main area of responsibility, accelerated to 5.8 percent in March, its highest since 2016 [File: Maxim Shemetov/Reuters]](/wp-content/uploads/2021/04/russia.jpg?resize=770%2C513&quality=80)
Asian shares dip on concerns over new virus strain
Asian shares pull back from multi-year highs on fears the new virus strain could slow economic recovery.
![Several countries shut travel from the UK on news of a new virus strain there. [File: Luis Cortes/Reuters]](/wp-content/uploads/2020/12/2020-12-21T204329Z_1829947306_RC2WRK9ONC3H_RTRMADP_3_HEALTH-CORONAVIRUS-BRITAIN-MEXICO.jpg?resize=770%2C513&quality=80)
Asian stocks falter on concerns about new virus strain
Asian stocks dip over fears of a new virus strain in the UK, offsetting gains from news of a new US stimulus bill.
![News of a new strain of coronavirus in the UK has affected Asian stocks as well as the British pound [File: Toby Melville/Reuters]](/wp-content/uploads/2020/12/2020-03-09T145951Z_1812542964_RC2EGF9V90V2_RTRMADP_3_HEALTH-CORONAVIRUS-BRITAIN.jpg?resize=770%2C513&quality=80)
2.7 billion people did not get state aid during pandemic: Oxfam
COVID-19 pandemic has hit billions of people hard with poverty set to surge in almost every country, Oxfam says.
![About 2.7 billion people have not received any government financial support to deal with the coronavirus pandemic [File: Adnan Abidi/Reuters]](/wp-content/uploads/2020/12/2020-04-10T000000Z_1057893468_RC2N1G9P4QWN_RTRMADP_3_HEALTH-CORONAVIRUS-INDIA-POVERTY.jpg?resize=770%2C513&quality=80)