China bonds rallied Monday with the 10-year yield dropping below the key psychological level of 2% to hit a multi-decade low.

The bond rally was mainly driven by expectations of a further cut to the reserve requirement ratio for commercial lenders.

The People's Bank of China announced last Friday that in November it had injected 800 billion yuan into the banking system, via a so-called reverse repo operations.

Price of a typical UK home rose by 3.7% last month compared to a year earlier .

Housing market has remained "relatively resilient" in recent months , says Nationwide.

Average UK home now costs 268,144 , close to record high of 273,751 reached in August 2022 .

Low levels of unemployment combined with pay increases that are outstripping inflation.

Campaigners say shared parental leave is failing working families it was designed to help.

Just 5% of those who took up shared leave came from bottom 50% of earners.

The uptake is heavily skewed towards higher earners, predominantly based in London and south-east England .

The government has committed to reviewing parental leave during its first year in office.

Paul Bowen , who employs roughly 30 people at his pie factory and shop in Chorley , Lancashire , says the rise in National Insurance contributions is the latest in a long line of budgetary squeezes for small businesses like his.

When he was struggling in the early days of fatherhood, he approached North East Young Dads and Lads for help.

He now works for the charity as a "peer enabler", offering the same advice and support from which he benefited.

After losing her job, a boomer is 'walking a tightrope' between retiring early and searching for work.

Andrea , 64 , was laid off in February and wants to find a job or start collecting Social Security .

Many older Americans rely on Social Security in retirement and struggle to pay their bills.

About 13% of baby boomers on LinkedIn "unretired" in 2023 , according to LinkedIn .

Fed Chair Jerome Powell may be remembered as the man who got the U.S. through the economic crisis triggered by the COVID-19 pandemic and the one who made central banking boring again.

Former St. Louis Fed President James Bullard was on the policymaking team that saw the central bank's role expand during the 2007-2009 financial crisis.

Bullard will give the opening address on Monday at a conference in Washington about the Fed 's monetary policy framework.

Fed officials now see inflation pressures remaining more elevated than before the pandemic.

Some economists argue that the incoming Trump administration's policies could rock an economy the Fed feels is healthy and in balance.

But there is emerging agreement that the central bank's current framework was tailored too much to the circumstances and risks of the decade after the 2007-2009 crisis.

The 15th annual Food Price Report is set to be released Dec. 5 by four leading Canadian universities.

The report is expected to provide detailed projections for the coming year .

It stands out for its unique commitment to annually evaluating the accuracy of its own predictions.

Over the past decade , most forecasts were accurate, with two notable exceptions — in 2017 and 2022 .

The Caixin/S&P Global manufacturing purchasing manager's index came in at 51.5 , beating the median estimate of 50.5 in a Reuters poll.

This is the second month in a row that the official reading has stayed above the key 50 level.

China 's economy has shown some early signs of recovery following a slate of stimulus measures introduced from late September .

Finnish study finds living alone makes it more difficult for young people to make ends meet.

About 40 percent of young people aged 20-29 live alone, with this proportion increasing to 60 percent among students.

People with foreign backgrounds and young adults with disabilities were particularly vulnerable if they lived alone.

China 's CSI 300 added around 0.7% after data showed growing factory activity in the country.

November was a month to remember for stocks. The S&P 500 climbed 5.73% , the Dow Jones Industrial Average jumped 7.54% in November .

The Nasdaq Composite closed 6.21% higher for its most positive month since May .

Saudi Arabia is expected to slash crude prices for Asian buyers in January to the lowest in years .

The January official selling price ( OSP ) for flagship Arab Light may fall by 70 to 90 cents a barrel from December to at least a four-year low.

Price cuts come after gap between front and third-month Dubai prices narrowed in November .