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

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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.