‘You can trust us’, Britain’s Labour Party tells finance industry

Keeping Britain’s financial sector globally competitive will be “integral” to a Labour government’s plans to increase prosperity, a senior party official said on Thursday.

Hong Kong woos tourists with air tickets and vouchers

Hong Kong has unveiled a new promotion campaign, including 500,000 free flights, to lure visitors back after more than three years of tough COVID-19 rules.

Draghi doesn’t want EU envoy job, source says, after Italy backed him

Former European Central Bank (ECB) chief Mario Draghi is not interested in a new job as a European Union envoy, a source close to him said on Thursday, despite the Italian government saying earlier it would support him.

Russian missile wrecks block as EU leaders visit Kyiv

At least three people have been killed in a Russian strike near the main focus of fighting in eastern Ukraine, as EU officials arrive for talks in Kyiv.

Biden calls for expanded federal medical leave, paid benefits for workers

U.S. President Joe Biden on Thursday joined former President Bill Clinton to mark the 30th anniversary of the 1993 law that allows Americans to take unpaid medical leave, and vowed to keep fighting for paid leave for all Americans.

Asian shares jump, dollar eases after Powell comments

Euro up 0.2 per cent to $US1.1011 ($A1.5440). Yen strengthens 0.22 per cent to 128.65 per dollar, while sterling was last trading at $US1.2372 ($A1.7349).

Wall Street rallies as Fed chief Powell speaks after rate hike

The S&P 500 and the Nasdaq rallied to higher closes on Wednesday after Federal Reserve chair Jerome Powell acknowledged that inflation was starting to ease following a quarter-point rate hike by the U.S. central bank, which issued a statement that it expects “ongoing increases.”