Beijing: China's COVID-19 surge is troubling the economic state of the country, media reports said on Tuesday.

Beijing: China's lack of major smartphone releases and weak consumer sentiment led to a plunge of shipment of the gadget by 31 percent in July, media reports said.

New York: At least two-thirds of households with children have lost income since the COVID-19 pandemic hit two years ago, according to a joint report published on Wednesday by the UN chil ...

The institution now expects the global economy to expand from a 5.9 per cent increase in 2021 to 4.4 per cent this year. The number is half a percentage point lower than predicted in Octo ...

The UN’s key report on the global economy, released on Thursday, shows that the rapid spread of the Omicron COVID-19 variant has put the brakes on a rapid recovery, counteracting si ...

Beijing: COVID-19 spike and fast aging population have emerged as the new threat for China to fight the task of stabilising employment next year, media reports said.

New York: The coronavirus pandemic will likely cost the global tourism sector $2 trillion in lost revenue in 2021, the UN's tourism body said Monday, calling the sector's recovery ...

Colombo: Sri Lanka has declared an emergency over food shortages due to a lack of foreign exchange to finance imports amid a hard-hitting economic crisis.

New York: A sustainable and prosperous planet can only be achieved through working together and in solidarity, the UN Deputy Secretary-General said on Wednesday at the end of a major glob ...