William Langley in Hong Kong

The second-highest ranking official at the International Monetary Fund, Geoffrey Okamoto, will step down early next year and be succeeded by the fund’s chief economist Gita Gopinath, months after the organisation’s top leadership weathered…

The level of Covid-19 hospitalisations in the US rose during November, ending a two-month run of declines following the country’s summer wave.The increase in hospitalisations has been accompanied by a rise in daily new coronavirus…

An important gauge of economic activity in China dropped back into contraction territory in November after a brief rally in October, with demand remaining weak despite an easing of supply-side pressures.The Caixin China General…

Naomi Rovnick in London, William Langley in Hong Kong and Nicholas Megaw in New YorkUS stocks partially recovered on Monday after news of the Omicron coronavirus variant triggered a sharp sell-off late last week, as investors settled in for…