World economy

Shanghai, China's largest city and the one hit hardest by the latest Covid outbreak, announced another round of mass virus testing that's set to end Thursday, April 21.Str | Afp | Getty ImagesBEIJING — Shanghai city reported Monday its…

The Huangpu River splits the Chinese city of Shanghai between the older settlement on the west and the newer, financial center on the east.Johannes Eisele | Afp | Getty ImagesChina's latest wave of Covid restrictions has forced millions…

Real estate and related sectors account for at least 25% of China's economy, according to Moody's.Costfoto | Future Publishing | Getty ImagesBEIJING — China's economy faces so much new pressure from Covid that Beijing may increase…

LONDON — European stocks are expected to open higher on the last trading day of March, a month marked by global geopolitical and economic uncertainty after Russia's invasion of Ukraine.The U.K.'s FTSE index is seen opening 22 points…

As Beijing pushes for "common prosperity" and political turmoil threatens Hong Kong, Singapore has become a safe harbor for some of the region's wealthiest tycoons and their families.Wei Leng Tay | Bloomberg | Getty ImagesMore and more…

LONDON — European stocks are expected to build on gains from the previous day, opening higher on Tuesday ahead of another round of Ukraine-Russia talks.The U.K.'s FTSE index is seen opening 29 points higher at 7,508, Germany's DAX 93…

Russian President Vladimir Putin attends a concert marking the eighth anniversary of Russia's annexation of Crimea at the Luzhniki stadium in Moscow on March 18, 2022.Mikhail Klimentyev | Afp | Getty ImagesRussian President Vladimir…