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Kamala Harris meets Xi as US-China tensions ease

  Bloomberg US Vice President Kamala Harris and China’s Xi Jinping met briefly on the sidelines of an Asian summit, in another signal of easing tensions between the world’s two largest economies. Harris said in a tweet that she used the exchange at the Asia-Pacific Economic Cooperation forum Saturday in Bangkok to stress the need for open lines of communication ...

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JPMorgan gives new parents 16 weeks of leave as perks boosted

  Bloomberg JPMorgan Chase & Co. made sweeping improvements to time off for bereavement, sick days, and caring for ill family members — including for the first time giving 16 weeks of leave to either parent for the birth or adoption of a child, regardless of which is the primary caregiver. The changes put the bank more in line with ...

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PBOC’s warning on inflation signals policy easing may be limited

  Bloomberg The People’s Bank of China (PBOC) warned inflation may accelerate as overall demand in the economy picks up, suggesting the scope for further monetary policy easing may be limited. The central bank “will pay serious attention to the underlying possibility of rising inflation, especially changes in the demand side,” it said in its quarterly monetary policy report. At ...

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