China to raise retirement age as population ages and pension woes mount

World Business Report

China is set to gradually raise its retirement age for the first time in decades, as the nation grapples with an ageing population and a shrinking pension fund. Under the new plan, men will retire at 63 instead of 60, while most women will work until 58, up from 55.

Plus, it's a challenging period for aircraft manufacturer Boeing, as workers have overwhelmingly voted to strike over a contract and pay dispute.

And Kenya's president William Ruto is in Germany to sign a labour agreement that will enable up to 250,000 skilled Kenyan workers to travel to and work in Germany.