State Council offers more than $21bn in additional tax relief mainly aimed at businesses affected by Covid-19 lockdowns
US president draws parallel between Taiwan and Russia's invasion of Ukraine, prompting rebuke from Beijing
Marcos wants to attract more private investments and joint ventures from the US instead of relying on economic assistance
Labor Party leader also promises to target climate change and rising living costs
Chinese capital reported 99 new cases were detected on May 22, up from 61 the previous day
Countries in the region want increased market access to the US, but Washington is not eager to risk jobs at home
Moderate voters abandon Prime Minister Scott Morrison’s Liberal party as Labour sweeps to victory in Australia election
The cost of the export ban was estimated by the government at $400m a month in lost state revenue
There are spillover risks as easing of policies by major central banks unwind faster than expected, says deputy MD
Plans to end the city-wide lockdown on June 1 appear to remain on track
Country is facing a shortage of foreign exchange, fuel and medicines, and economic activity has slowed to a crawl
Opinion polls have shown Labor leading, but the gap has narrowed in the final weeks of campaigning
Citizens have reportedly been advised to gargle with salt and drink willow leaf tea
The prime minister says the country will leverage its proven track record of successfully handling Covid-19
City officials are on alert for flare-ups and plan to keep most residents at home this month
Plan to restore stability includes selling unprofitable national airline and possibly raising taxes as well as utility prices
Despite billions in training and equipment, the Afghan National Security Forces rapidly collapsed in the face of the Taliban once the US withdrew support
Authorities will gradually ease the commercial hub’s zero-Covid-policy restrictions until June 1 2022
With temperatures breaching 49°C in New Delhi, the forecast is for up to 9-million units this year
Authorities’ zero-Covid policy could prolong setback in the world’s second-largest economy, further weaken global recovery and worsen supply chain disruption
