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Economy

Nobel prize for the 'Banker of the Poor' hailed as anti-poverty boost

The award of the 2006 Nobel Peace Prize to Bangladesh economist Muhammad Yunus and his Grameen Bank for pioneering small loans to poor people to set up in business has been hailed as a major boost for what is now called microfinance.

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Hong Kong Christians press for fair wages amid great wealth

Christians in Hong Kong have joined a public rally calling for justice for workers in one of the world’s wealthiest financial centres, arguing that the gap between riches and poverty is morally unacceptable and damaging to the health of society.

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