
Tencent targetted in US-China tech war
Aug 08, 2020 16:01 pm UTC| Economy
US President Donald Trump has issued executive orders that would ban messaging app WeChat and short-form video app TikTok in the US in 45 days if their parent companies do not sell them. The announcement sent shares of...

S. Korea to launch 6G project in 2026
Aug 08, 2020 15:17 pm UTC| Economy Technology
The South Korean government will invest 200 billion won for five years from 2021 en route to launching a 6G mobile services pilot project in 2026. The target is for commercializing 6G services between 2028 and...

US slaps 5.41% anti-dumping tariff on S. Korean, Vietnam wind towers
Aug 05, 2020 09:08 am UTC| Economy
The US slapped a 5.41 percent anti-dumping tariff on imported wind towers from South Korea and Vietnam for being sold at less than fair value. The US Department of Commerce is set to make an official order imposing the...

France to utilize 'railway highways' in achieving greener economy
Aug 04, 2020 23:48 pm UTC| Economy
France will develop railway highways to carry food and other goods to minimize the delivery by trucks to reduce the countrys carbon footprint. According to French Prime Minister Jean Castex, a fresh food train linking...

The IMF's $4bn loan for South Africa: the pros, cons and potential pitfalls
Aug 01, 2020 16:28 pm UTC| Economy
The International Monetary Fund (IMF) has approved a R70 billion (US$4.3 billion) loan for South Africa to help the country manage the immediate consequences of the fallout from COVID-19. The Conversation Africas editor,...

S. Korea to deliver $5.15-M assistance to 6 countries
Aug 01, 2020 15:25 pm UTC| Economy
South Korea will provide over $5 million to assist the emerging economies of Uganda, Kyrgyzstan, Vietnam, Cambodia, Colombia, and Haiti in helping deal with the COVID-19 pandemic and pursue digital and green development...
The Australian government has just sold $15 billion of 31-year bonds. But what actually is a bond?
Aug 01, 2020 15:11 pm UTC| Economy
There are the Boxing Day sales, and there was this weeks rush of extremely cashed-up investors desperate to get a slice of this weeks rare 31-year government bond auction. Whats a bond? Whats a bond auction? Well get to...