Empirically, I find that AI advances are unlikely to increase inequality as much as previous automation technologies because their impact is more equally distributed across demographic groups, but ...

HSBC, Manulife and BOC Life are among the financial firms courting retirees with new investment products that offer regular income streams amid a broader government-led initiative to capture ...

India ranks 4th in income equality; beats US, China, G7 and G20 nations: World Bank World Bank data suggests India's Gini index improved from 2011. Check where it stands.

Our findings are based on rigorous analysis, detailed empirical evidence and in-depth institutional knowledge.

The income effect of digital adoption varies across income quantiles, with stronger impacts on low-income households than on middle-to-high-income households, contributing to narrowed rural income ...

Some Hongkongers cannot afford to pay for necessities, while others live on the streets despite being employed.

China aims to boost residents' employment and income growth, and raise consumer confidence, according to the guidelines jointly drafted by the central bank, the state planner, the finance ministry, ...

TOKYO: Some Bank of Japan policymakers called for keeping interest rates steady for the time being due to uncertainty over the impact of US tariffs on Japan's economy, a summary of opinions at the ...

A United Nations study found a sharp global divide on attitudes toward artificial intelligence, with trust strongest in low-income countries and scepticism high in wealthier ones.

China’s revenue from selling land plunged to the lowest in a decade, contributing to the widening of budget deficit as the government ramped up spending in support of the economy.

Promised a path to prosperity through hard work and education, China’s working class youths are hitting immovable ceilings.