World economy

More than three quarters of people in the U.K. now say they are “very likely” to have a coronavirus vaccine, a survey by the University of Oxford has found.

Financial Secretary Paul Chan said the spending is expected to contribute to a budget deficit of 101.6 billion Hong Kong dollars ($13.1 billion).

Climate change represents a “grave threat” to global peace and security, the U.K. will say when it chairs a special session of the UN Security Council on Tuesday.

Taiwan’s economy grew 3.11% in 2020 compared to a year ago — outpacing China’s 2.3% expansion during the same period.

South African Finance Minister Tito Mboweni will deliver the country’s 2021 budget on Thursday, facing fiscal pressures in the wake of the coronavirus pandemic.

Scholars are backing an idea that pushes social and ecological wellbeing over a system that pursues relentless economic growth.

Dubai’s real estate market has made a “hard landing” but lower prices may be a good time for investors looking to buy, said Hussain Sajwani, Damac chairman.

The U.K. is to be the first country in the world to run a Covid-19 “human challenge” study, following approval from the country’s clinical trials ethics body.

After Zambia’s default in November, analysts are questioning whether nations heavily dependent on Chinese loan financing would be susceptible to debt distress.

Finance Minister Heng Swee Keat said the funds will be used to support Covid vaccination efforts and economic segments hit hard in the pandemic.

The region’s support for the U.S. appeared to increase after Joe Biden won the presidential election, said Singaporean think tank ISEAS Yusof-Ishak Institute.

International Living ranks the world’s best places to retire in 2021 for as little as $2,000 a month.

Finance Minister Heng Swee Keat will announce Singapore’s budget for 2021 on Feb. 16.

Some experts have called for a “zero Covid” strategy, advocating for very strict lockdowns.

Chancellor Angela Merkel is set to announce Germany will extend its lockdown until March 14 amid concerns over new strains of the coronavirus.

The Vietnam economy’s growth is “outstripping” the rest of its frontier market peers, says UBS Global Wealth Management’s Kelvin Tay.

Temasek is one of the world’s largest investors. Its portfolio value stood at 306 billion Singapore dollars ($230 billion) as of March 31 last year.

Rallying U.S. partners in Asia to join in the condemnation of the military takeover in Myanmar could prove challenging, said analysts from think tank CSIS.

Illicit sales of fake negative Covid-19 test results are becoming more widespread as criminals look to profit from travel restrictions, according to Europol.

A UN report says that four times as many jobs were lost last year due to the coronavirus pandemic as during the worst part of the global financial crisis in 2009