Bloomberg Chinese President Xi Jinping told Hong Kong leader Carrie Lam the city is developing in a good direction, days after an election installed a legislature of Beijing loyalists in the Asian financial hub. Xi added that he fully recognised the work of her government, as the pair met in Beijing. Lam’s annual trip to brief China’s state leaders ...

  Bloomberg German Chancellor Olaf Scholz pushed through tighter social-distancing restrictions to stave off the threat of a “massive” surge of the omicron Covid-19 variant just as families gather for the Christmas holidays. The latest measures, which add to existing curbs that mainly affect the unvaccinated, include limiting gatherings to 10 people starting from December 28. The restrictions, which Scholz ...

  Bloomberg It led the world with inflation targeting, but New Zealand’s central bank (RBNZ) is no pioneer for women. The Reserve Bank has released its gender pay gap for the first time, revealing a gulf that’s more than twice the size of the shortfall in the nation’s public service as a whole. As at June 30, the average gender pay ...