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Johnson & Johnson says its Covid booster shot prevents severe infection

The results come as many developed nations turn to booster shots to address waning protection from some vaccines and the rise of the more infectious delta variant

Global inflation spike seen posing near-term risks to economy: OECD

Supply-chain difficulties, surging commodities prompted OECD to raise its forecast for consumer-price gains this year and next in every Group of Seven country aside from Japan

Evergrande crisis isn't China's 'Lehman moment' for Citi, Barclays

Barclays argues the market environment isn't similar to what happened during the collapse of Lehman Brothers

Evergrande: How far will Xi go with his crackdown on real estate sector

The selloff on Monday left few risky assets untouched. Hong Kong's Hang Seng Index tumbled more than 3%, led by real estate companies.

Another crisis bugs aviation industry after Covid-19: a shortage of pilots

Many airlines are aggressively trying to rehire pilots as well as cabin crew and ground staff, but that's not been a simple process and some jobs are left unfilled

World's richest 500 lose $135 bn as Evergrande concerns spark market rout

Elon Musk led the declines as his world-leading net worth fell $7.2 billion to $198 billion; Jeff Bezos lost $5.6 billion.

Market turmoil tests Xi's resolve on Evergrande, real estate crackdown

The resulting market turbulence may add pressure on Chinese leaders to tap the brakes on policy tightening, or at least take steps to limit the fallout

HDFC Bank says it will double retail loans, sees 'robust demand' in economy

Uncertainty is declining as businesses seek to bolster growth after Covid-19, says the bank's country head for retail assets.

China tech crackdown is India's gain: US venture investor March Capital

Indian startups in internet and cloud software offer strong growth prospects but without Chinese firms' risk: Sumant Mandal.

Foreign funds are steadily increasing exposure to Indian debt

Bond purchases by overseas investors under the uncapped Fully Accessible Route, climbed to Rs 35 billion ($476 million) in August, the highest this year

Rich nations to miss $100 bn climate fund goal even by 2025, says Oxfam

Data shows that the pace of boosting the funding slowed further in 2019, growing just 2% to $79.6 billion from 2018.

Janet Yellen renews call to raise debt limit to avoid 'catastrophe'

"Neither delay nor default is tolerable" and lawmakers must act quickly, Yellen added

Democrats blocked from including immigration in $3.5-trillion package

The Senate is split 50-50 between the two parties

Pfizer Covid-19 vaccine safely bolsters antibodies in younger kids

Drugmaker, partner BioNTech to submit data to US regulators

Bitcoin falls below $45,000 as global stock market rout infects crypto

Bitcoin dropped 7.3% to $44,127 as of 7:33 a.m. in New York, reaching the lowest level in a week

Vladimir Putin's ruling party set for commanding win in parliament vote

United Russia was on track to maintain its majority of more than two-thirds of the seats in the State Duma with 75% of ballots counted

Iron ore's rout keeps rolling as China imposes more steel curbs

Futures in Singapore tumbled as much as 12% on Monday in thin trading due to a holiday in China

China property fear spreads beyond Evergrande crisis, roiling markets

Intensifying concerns about China Evergrande Group's debt crisis dragged down everything from bank stocks to Ping An Insurance Group Co. and high-yield dollar bond

Evergrande impact: Bitcoin slides to $45,000 as traders pare back on risk

Bitcoin dropped 5.4% to $45,025 as of 9:49 a.m. in London, reaching the lowest level in a week

Amazon starts probe after news report claims corruption in India operations

US company says it has zero tolerance for graft and is investigating its legal representatives' conduct in India.