China’s tough lockdowns could exacerbate demographic crisis

Editor’s note: A version of this story appeared in CNN’s news bulletin Meanwhile in China, a tri-weekly update exploring what you need to know about the country’s rise and its impact on the world. Register here. hong kong CNN — For generations of Chinese parents, the success of their children has long been one of … Read more

Shanghai aims to reopen more businesses shuttered by COVID, Beijing fights back

Shopping malls and stores in Shanghai will gradually resume in-store operations Some districts in Beijing extend work-from-home guidance Shanghai lockdown frustrates and infuriates residents The brakes have rattled global supply chains SHANGHAI/BEIJING, May 15 (Reuters) – Shanghai will gradually start reopening businesses such as shopping malls and hair salons in China’s financial and manufacturing hub … Read more

North Korea’s Covid outbreak: what we know and don’t know

CNN — North Korea’s first reported Covid-19 outbreak is the “biggest turmoil” to hit the country since its founding more than 70 years ago, according to its leader Kim Jong Un, as the isolated and impoverished nation crumbles. struggles to curb the spread of a highly transmissible virus that threatens to cause a major humanitarian … Read more

Republicans claim a 1950 law makes Roe protests at justices’ homes illegal. Here’s what to know

CNN — A 1950 federal statute prohibiting certain protests outside of a judge’s residence has been cited by Republicans calling for Attorney General Merrick Garland to enforce the law against abortion rights protesters who have gathered in front of Supreme Court justices’ homes. Tea law in question is aimed at any “picketing or parading” in … Read more

Children later than earlier. South Korean women freeze eggs as child-rearing costs rise

SEOUL, May 13 (Reuters) – In South Korea, fewer women are having children and those who do are in no rush. The exorbitant costs of housing and education make financial security essential. Social mores also dictate the need to marry. Lim Eun-young, a 34-year-old civil servant, says she is not ready to start a family … Read more

At the mercy of zealous residential committees, the frustration of Shanghai’s locked vents

SHANGHAI, May 12 (Reuters) – Elizabeth Liu and her husband were elated last week to leave their residential complex in Shanghai for the first time in more than a month. All but one of the buildings in the compound had just been reclassified as low risk after 14 days with no COVID cases. “My husband … Read more

Hoping to snag a cheap airline ticket for summer travel? Good luck, new inflation data show

Airfare costs have taken off ahead of a summer travel season running on steep demand and high gas prices, according to new price inflation data released Wednesday. The record-breaking cost increase for airline tickets stood out in a Consumer Price Index reportt that showed an overall 0.3% increase in the cost of living from March … Read more

Hong Kong police release Catholic cardinal arrested on national security charges

HONG KONG, May 11 (Reuters) – Cardinal Joseph Zen, one of Asia’s top Catholic clerics, and three other people who helped run a now disbanded fund for protesters in Hong Kong have been arrested for “collusion with foreign forces”. , then released on bail. Zen, a 90-year-old former Hong Kong bishop, was interrogated for several … Read more

Content moderator in Kenya sues Meta over working conditions

NAIROBI, May 10 (Reuters) – A former moderator working for Facebook owner Meta Platforms Inc. (FB.O) on Tuesday filed a lawsuit alleging that poor working conditions for contracted content moderators violate the Kenyan constitution. The petition, also filed against Meta’s local outsourcing company, Sama, alleges that workers who moderate Facebook posts in Kenya have been … Read more

‘Open discussion of salary is protected by law’: Should you tell your coworkers your salary — or keep it a secret?

Hello and welcome to Financial Face-off, a MarketWatch column where we help you weigh financial decisions. Our columnist will give her verdict. Tell us whether you think she’s right in the comments. And please share your suggestions for future Financial Face-off columns. The job market is hot and so are salaries. People are quitting jobs … Read more