The Latest Breaking News from Nomura

With wage growth far too hot, the Federal Reserve may need to implicitly hike its 2% inflation target to avoid a hard landing for the economy.

As many Chinese embraced new freedoms on Thursday after the country dropped key parts of its tough zero-COVID regime, there was mounting concern that a virus that had largely been kept in check could soon run wild.

People in China's capital Beijing on Tuesday were allowed to enter supermarkets, offices and airports without having to show negative COVID tests, the latest in a mix of easing steps nationwide after last month's historic protests. "Beijing readies itself for life again" read a headline in the government-owned China Daily…

Residents of China's capital were allowed into parks, supermarkets, offices and airports without a negative COVID-19 test on Tuesday, the latest in a mix of easing steps nationwide after unprecedented protests against a tough zero-COVID policy.

China reported record high COVID-19 infections on Thursday, with cities nationwide imposing localised lockdowns, mass testing and other curbs that are fuelling frustration and darkening the outlook for the world's second largest economy.

Fauci says the U.S. will not see a repeat of last winter’s COVID wave — but surging infections in China leave experts fearing for the viability of its zero COVID policy.

Beijing shut parks and museums on Tuesday and Shanghai tightened rules for people entering the city as Chinese authorities grapple with a spike in COVID-19 cases that has deepened concern about the economy and dimmed hopes for a quick reopening.

Guangzhou in China has had the largest new outbreak of Covid-19 with new infections exceeding 5,000 for the first time - fuelling speculation that officials could roll out more lockdowns

The distressing footage was believed to have been taken in China last month and shows one woman being dragged along the floor by two officials - terrified screams and shrieks can be heard

China has reported a third straight day of more than 1,000 cases and Leader Xi Jinping has swung his zero-Covid policy into action with 208 million people currently living under lockdown

Beijing (AFP) - Millions of people in China were under tight Covid restrictions on Wednesday as sporadic outbreaks across the country prompted business closures and disruption at the world's largest iPhone factory.