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Spending on local tourism rose during China’s Golden Week holiday that ends on Friday, according to data from China’s largest online travel agency Ctrip, even as clusters of lockdowns continue across the country. Per capita tourism spending in local areas increased by 30 per cent on-year during the Golden Week …

The United States and South Korea held joint maritime exercises involving a U.S. aircraft carrier on Friday, a day after Seoul scrambled fighter jets in reaction to an apparent North Korean bombing drill. The United States also announced new sanctions on Friday in response to North Korea’s latest missile launches …

U.S. job growth slowed moderately in September while the unemployment rate dropped to 3.5%, pointing to a tight labor market which keeps the Federal Reserve on its aggressive monetary policy tightening campaign for a while. Though the decline in the jobless rate from 3.7% in August was partly because of …