NYSE backpedals on its plans to delist three Chinese telecoms
Jan 06, 2021 06:44 am UTC| Economy
The New York Stock Exchange announced that it will be delisting three Chinese telecommunication giants, namely China Mobile, China Telecom, and China Unicorn. However, four days later, the American stock exchange stated...
World economy in 2021: here's who will win and who will lose
Jan 06, 2021 04:19 am UTC| Insights & Views Economy
The coronavirus has crippled the world economy. Global GDP suffered its sharpest drop since the end of the second world war in 2020, millions were unemployed or furloughed, and governments pumped trillions of dollars into...
Can a future ban on gas-powered cars work? An economist explains
Jan 06, 2021 04:19 am UTC| Economy
The U.S. transportation sector is one of the largest contributors of carbon dioxide, the potent driver of climate change. Transportation accounts for about 28% of total U.S. greenhouse gas emissions and, since 1990,...
SK Innovation eyes 1 trillion won 'green loan' to fund 2nd EV battery plant in US
Jan 06, 2021 02:09 am UTC| Economy Business
SK Innovation Co. will raise 1.09 trillion won of green loans to build its second EV battery plant in Georgia, USA, to start manufacturing in 2023. The desired loan will be an extension of 728.8 billion won of green...
Why is Bitcoin's price at an all-time high? And how is its value determined?
Jan 06, 2021 02:01 am UTC| Economy Investing Digital Currency
Bitcoin continues to trade close to its all-time high reached this month. Its price is now around US $34,000 up about 77% over the past month and 305% over the past year. First launched in 2009 as a digital currency,...
Thailand's rice exportation hampered by shipping container shortage
Jan 06, 2021 01:27 am UTC| Economy Business
Thailand posted rice exports of 5.1 million tons through November 2020, down 28 percent from the same period a year earlier, and to its lowest volume in two decades in 2020 due to a global shortage of shipping...
Vietnam buys rice from rival producer India
Jan 05, 2021 23:37 pm UTC| Economy Business
Vietnam is buying rice from rival producer India for the first time in decades, importing 70,000 tons of 100 percent broken rice for January and February shipments, after local prices peaked in nine years. Dwindling...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects