Economy

312 posts

Glass office towers above a tree-lined pedestrian plaza in a London financial district on a sunny day

HSBC Senior Bankers Lose Fixed Allowances From 2028 as More of Their Pay Moves Into Bonuses

HSBC will phase out fixed-pay allowances for senior staff at the start of 2028 and pay more through bonuses. Here is what changes and what bankers should ask.

October 13, 2026Read Article →

A stack of paper forms beside a document scanner on an office desk with the Bangkok skyline outside

News

Young People Entering Routine Jobs Are the IMF Chief's Biggest AI Worry as AI Spending Keeps Growth Near 3%

AI investment keeps world growth near 3%, IMF chief Kristalina Georgieva said in Bangkok. Her biggest worry is young people starting out in routine jobs.

October 12, 2026Read Article →

A teenager with a backpack seen from behind walking down a sunny residential street in a New Zealand town with green hills

News

New Zealand Teen Unemployment Hit 25.3% in June 2026 after New-Job Starts for Under-20s Fell 32.1% Over Two Years

Unemployment for New Zealanders aged 15 to 19 hit 25.3% in June 2026, NZIER says, while new-job starts for the group fell 32.1% from June 2023 to June 2025.

October 12, 2026Read Article →

A cardboard box of classroom supplies on a wooden bench in a bright school hallway with autumn maple trees outside

News

Canadian Workers Lost 68,000 Jobs in September, With Education and Public Sector Staff Hit Hardest

Canada lost 68,000 jobs in September and unemployment rose to 6.5% from 6.4%. Public sector, education and Quebec jobs fell most while Alberta added work.

October 12, 2026Read Article →

News

What 850,000 Projected Jobs From a World Bank Small Business Push Mean for Nigerian Job Seekers

An estimated 850,000 direct and indirect jobs are tied to FINCLUDE, a $500 million World Bank programme in Nigeria, not the wider up to $5.79 billion recap.

October 12, 2026Read Article →

Tall polished copper pot stills in a bright white whisky distillery still house with arched windows

News

Heriot-Watt's £35m Brewing and Distilling Centre Could Support 1,570 Scottish Jobs, 260 of Them New

A £35m Heriot-Watt brewing and distilling centre could support 1,570 Scottish jobs by year ten, 260 of them net new, if industry and government fund it.

October 12, 2026Read Article →

A cleared construction site with excavators and stacked steel beams on open land at the edge of a city

News

Wildberries Plans at Least 7,500 Jobs and Training for 2,000 People With a New Logistics Hub Near Tashkent

Wildberries plans at least 7,500 jobs and training for 2,000 people with a 67.3-hectare logistics hub near Tashkent, with building due from the end of October.

October 10, 2026Read Article →

Workers in casual t-shirts seen from behind at circuit board workbenches on a bright electronics assembly floor with palm trees outside

News

Malaysia's RM2,000 Wage Floor Arrives June 2027, With RM2,500 Proposed for Graduates and Semi-Skilled Workers

Malaysia's minimum wage hits RM2,000 in June 2027, MSMEs under RM50 million in sales are exempt, and RM2,500 is proposed for graduates. See who gets what.

October 10, 2026Read Article →

Workers seen from behind walking toward glass office towers across a bright business district plaza

News

All Eight Major Industries Reported Job Gains Worldwide in September, Here Is Where Hiring Is Strongest

All eight major industries recorded higher employment in September, a first in over three years. See where hiring is strongest and where firms still cut jobs.

October 8, 2026Read Article →

A bright semiconductor cleanroom corridor with white processing machines and a technician seen from behind

News

Samsung Memory Staff on Low 80 Million Won Pay Could Get Near 750 Million Won Pretax, Union Estimates

Samsung's chip bonus arrives in shares after a March 2027 vote, 49.5% withheld. Union math puts memory staff on 80 million won pay near 750 million won pretax.

October 8, 2026Read Article →

A colourful Irish town main street with painted shopfronts and flower baskets on a sunny morning

News

Irish Minimum Wage Workers Move to €14.94 an Hour in January, and What Budget 2027 Means for Take-Home Pay

Ireland's minimum wage rises 79 cents to €14.94 an hour from 1 January 2027. See what the USC, tax credit and employer PRSI changes in Budget 2027 mean for you.

October 7, 2026Read Article →

Office workers in suits seen from behind crossing a busy Tokyo street on an autumn morning

News

Japanese Workers' Base Pay Climbs 3.8% and Real Pay Gains 1.5% in August

Japanese workers' real wages rose 1.5% in August, an eighth straight gain, as base pay climbed 3.8%. See which industries gained most and what it means for pay.

October 7, 2026Read Article →

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