N Korea reports more deaths amid Covid lockdown

N Korea reports more deaths amid Covid lockdown

North Korea said on Sunday a total of 42 people had died as the country began its fourth day under a nationwide lockdown aimed at stopping the impoverished country's first confirmed Covid-19 outbreak. - REUTERS

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Hot US job market a challenge for Fed

WASHINGTON: US employers added more jobs than forecast in November and wages surged by the most in nearly a year, pointing to enduring inflationary pressures that boost chances of higher interest rates from the Federal Reserve.

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Central bankers fear more volatile inflation

The global economy may be headed for a new era of volatile inflation, making it even more crucial to anchor expectations about where prices are headed, top central bank governors meeting in Bangkok warned on Friday.

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Malaysian PM Anwar will also hold finance post

KUALA LUMPUR: Malaysian Prime Minister Anwar Ibrahim has appointed himself as finance minister, betting he’s the best person to sustain the country’s fragile post-pandemic recovery as the economy heads for a slowdown next year.

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